Replies to post #27792 on Baristas Coffee Company, Inc. (BCCI)

[payperview]

Have you ever heard of analyzing the financial report? Before you make a decision, you need to do more than make a decision on the fact that they put out a financial report. Anybody can put out a financial report. It means nothing. That's like getting a bum without the hamburger.

[BobSinCA]

Have you read financials? Balance Sheet in particular??

I am late to the discussion of this latest run up, but $7M+ of 'unidentified and intangible assets' is not good for a company with less than $2M of annual revenues.

Particularly since those assets were originally classified as expenses at .001 per share for the shares issued, rather than the .02 to .10 per share that should have been used.

To uplist, they will have to be audited at which time they will be reclassified to expense, likely through a prior period adjustment. Will result in significant negative book value.

IMO, company has no chance of meeting nasdaq listing standards. So hard to understand positive 'unbiased' analyses.

Having said that, hats off to the insiders for creating this run, into which they can sell.

d