Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

Barista's is not making money, at least per their unaudited financial statements published in early April.

The company's accumulated deficit more than doubled in 2011, going from 900K to $1.9M. If the company were making money, the accumulated deficit would be shrinking.

There is a reason you can't find the financial statements on the company's website.

Will be interested to see their first quarter financial results, due out on or before May 15th. However, it is worth noting that on May 13 a year ago, they advised of a delay, promising a report by May 20th. It was finally published on June 15.