Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

What did BH say about Q3 financials?

As an SEC reporting company, BCCI is required to publish quarterly financials 45 days after the end of the quarter via a 10-Q, or file a 10-Q NT (I guess stands for Not Timely) to advise of a delay.

BCCI did neither. Not sure if there are any penalties associated with this, other than a market penalty for transparency and credibility.

But with an 80% drop in pps this year following non-realized announcements about mall stores (I think 1 of 4 is still open, based on mall website review), New York joint ventures (no stores announced), and K-cups (never hit the market) -- maybe there is no more market penalty to be paid.