Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

There were 275M common shares O/S as of September 30, 2013 (prior to whatever dilution occurred on October 1 to buy $1.7M of advertising).

$6/share implies a market value of $1.6B. This is a bit much for a company with annual sales running below $2M/year. For those into PE ratios, cumulative 2013 profit through September 30 was $120K, which translates to $160K for the year. Thus, $6 pps would be a PE ratio of 100,000+ to one.