Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

The issue is dilution of the stock.

Posters here -- yourself included -- have argued that there has been nominal BCCI dilution over the last couple of years.

On March 1, there was effective 40% dilution -- half of it 'retroactive,' that is recognizing work done from 2009 to the present time.

There is also a bit of a discussion re: disclosure.

I would have viewed this planned dilution (to happen when authorized stock is 'available') as a material event, requiring public disclosure at the time. Instead, it was buried inside of a lengthy 10-K filed 45 days later.

But in fairness, I do not know SEC disclosure requirements, as I would also have expected public disclosure of a new BMOC distribution agreement, as the May 2014 agreement was stated as lapsed in SEC filings of November, 2014 and the recent 10-K.