Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

No -- company's own release (march or june quarterly report, I forget) announced that the $7M in unidentified, intangible assets resulted from reversing .001 expense entries, instead putting them on the balance sheet at the price where they should have been recorded. That they would 'figure out what to do' with the asset value in the future. Hopefully, proper treatment will show up in Q4 financials due out in the next month.

The other one to watch in that report is the treatment of the 1.7M in advertising, to see how it was paid for and recorded. This transaction was 'coincidentally' announced on October 1, so did not need to appear in the Q3 financials. Although it certainly qualified as a significant 'subsequent event' at almost two times annual sales, likely with significant dilution, not a word.