Baristas
Receives NASDAQ Capital Market Symbol "BAPI"
SEATTLE,
March 6, 2013 /PRNewswire/ -- Baristas Coffee Company, Inc.
(BCCI), a fast
growing U.S. based beverage and branded products company, has today
announced that it has completed all requirements and that its
application to receive a symbol to be traded on the NASDAQ Capital
Market has been approved. The symbol issued to Baristas Coffee
Company is (NASDAQ:BAPI).
Baristas
will continue to trade under the symbol OTCPK:BCCI throughout
the application process and comment periods until such time as it
completes its up listing and begins to trade on the NASDAQ Capital
Markets at which time it will trade under the newly reserved symbol
NASDAQ:BAPI.
The
companies that are listed on NASDAQ Capital Market need to satisfy
all the required qualifications for NASDAQ securities in Rule 4300.
The companies also need to adhere to the corporate governance
standards set by NASDAQ.
The
NASDAQ Capital Market provides companies the required capital in
order to grow their business. The NASDAQ Capital Market also provides
a listing venue that promises to accommodate the different stages of
corporate lives of the companies.
Barry
Henthorn CEO commented; "This is an important step in the
process of BCCI moving from the OTC to the NASDAQ Capital Market.
We have worked diligently in conjunction with our advisors in order
to be in a position to take this step and will continue to do so
throughout the application, comments and approval process. We are
committed to providing our investors transparency and oversight as we
continue to develop and expand our business. We are confident
that we will be able to meet all of the listing requirements to begin
trading in a reasonable timeframe."
About
Baristas Coffee Company (BCCI): Headquartered in the Seattle,
Washington area, Baristas Coffee Company, Inc. was formed to create a
national brand of drive-thru espresso stands. BCCI is accomplishing
this by acquiring established businesses that fit its model, opening
new locations, and by franchising. Baristas has separated itself from
the competition with its "theme" of joining attractive
female baristas in entertaining costumes preparing the finest
beverages available on the market. Baristas can currently be found in
six greater Seattle area locations as well as in Texas, Florida,
Arizona, and Montana. Your state, Coming Soon!
For more information on this fascinating concept please visit us
at
www.baristas.tv
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