Replies to post #40981 on DD Support Board and Research Team

[rbtree]

Good gawd! That is freaking hilarious!

[janice shell]

BCCI which opened today at $.016/share put out a PR that they will be up listing to the NASDAQ and they even go as far as to announce what their new symbol will be

That's odd in itself. Why would they need a new ticker? When companies uplist to an exchange--invariably, far as I know, from the OTCQB--they don't usually change their symbol.

[carpetmike]

great post!! Bcci is a total scam!

[mike306oh]

No kidding! Anyone who ever contacted DJIA or NASDAQ know full well, even if that was true, they will never ever give away such info. Was it by phone, or by mail? Can we have any confirmation it really happen?

Good try though,

I contacted NASDAQ and they said they had already seen the BCCI press release and have already started looking into the matter. NASDAQ confirmed that BCCI is not currently listed on the NASDAQ and is not even being considered to be listed there in the future.

Mike

[Voices of Reason]

speechless...that takes the cake....

[Voices of Reason]

Entertaining this for a moment....sample of some Nasdaq listing requirements vs. what BCCI shows from latest financials from Sept. 2012 (assuming they apply for the lowest tier: Nasdaq Capital Market (ref. page 9): https://listingcenter.nasdaqomx.com/assets/initialguide.pdf

Stockholder Equity Requirement: $4-$5 million (varies depending on standard used)
BCCI Stockholder Equity: $0.416 million

Trading price requirements: $4 bid price ($3 closing price)
BCCI closing price today: about $0.0315

To qualify under the closing price alternative, a company must have (in addition to the other requirements): (i) average annual revenues of $6 million for three years, or (ii) net tangible assets of $5 million, or (iii) net tangible assets of $2 million and a 3 year operating history.

BCCI's gross revenues to date since 2004 are only $2.8 million. Total assets (including cash and receivables) is only $0.887 million.