SEATTLE, March 6, 2013 /PRNewswire/ -- Baristas
Coffee Company, Inc. (OTCPK: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
Contact:
Barry Henthorn
barry@baristas.tv
SOURCE Baristas Coffee Company, Inc.