Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

Not authorized yet, but 120M (40%) more shares are contractually committed to Mr. Steciw and Mr. Henthorn as of employment contracts signed March 1 (a Sunday? but maybe effective as of that date, signed later?) but not publicly disclosed until the 10-K three weeks ago.

I believe this disclosure is the basis for the downward price since that time. Closed at .05 on the 14th, and .0366 today -- a 27% decline. Although, an 'efficient market' theorist might say that the price should have declined the full 40% if the news suddenly came out.

Is worth observing that the stock is down almost exactly 40% since its .06 peak on March 2, with most of the damage occurring that week (drop to .041 on Friday, March 6). It would not be the first time that 'non-public' information found its way to the Street....