Probably by the end of next week. I did a little Fibonacci analysis on it and it looks like it'll top either (already) or 8.9 cents or about 10 cents. Timing-wise it looks like Monday is a potential reversal date.
dig a little deeper man. only thing bout him going to jail was on a dumb msg board post.
RUMOR ON THE STREET IS A REVERSE AT 13 TO 1 SO FOR EVERY 1000 SHARES U HV U WILL OWN 76.92 POINT NEW SHARES......WOW................W.H.A.T.-----A.....D.E.A.L.......! RIGHT ACEMAN.....hahahahahaha
Sentiment: Strong Sell
You need to do a search using the name of the company. Type Baristas Coffee Company. It took a while for me to finally get to it. It's a government site...
OK... Where's the filing? SEC doesn't seem to have it. NASDAQ doesn't show anything - and they're powered by Edgar Online!
I suppose it will take a day to post.
I'd say today's trading was a case of "Atlas Snored."
I will say that as long as Barry has adopted the idea of under-promising and over-performing, then BCCI will eventually become BAPI and has at least a future as a niche company.
ASSUMING THAT Barry manages to file his next quarter with better numbers by October then you can expect a small reverse split in order to meet price requirements for uplisting. This would be a good kind of R/S rather than trying to prevent delisting (ie NEWL). If there is a reverse split for the purpose of uplisting, then you can expect the uplisting to happen within the week as long as the bid price stays stable and the volume continues. If there is a little weakness then it is usually a good time to buy (I'd be cautious about buying this thing), but if the price breaks down then it might be a while before uplisting happens.
I expect that this is why he was taking so long in filing. As for the lack of price movement today, this is what happens when a CEO sets expectations and fails to meet them. SO... unless he has some better numbers in October when he gets his next quarter submitted, I expect that this thing will fail miserably.
What's more... He gave a more realistic time frame for completing the process for fully reporting. From here it could take until the end of September for that. As long as Berry delivers on that, he'll finally be on better footing.