New York, NY -- (SBWIRE) -- 03/11/2013 -- Baristas Coffee Company Inc. (Pink:BCCI) 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.
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."
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Reuters reported last month that Nestl (Pink:NSRGY) has agreed to buy U.S. medical foods company Pamlab. Nestle said it was not disclosing terms of the deal. It has also acquired U.S. firm Prometheus Laboratories, which makes tests and drugs for inflammatory bowel diseases, and UK-based CM&D Pharma Ltd, which makes a chewing gum for kidney patients.
Nestlé S.A., together with its subsidiaries, provides nutrition, health, and wellness products worldwide. The company was formerly known as Nestlé Alimentana S.A and changed its name to Nestlé S.A. in 1977. Nestlé S.A. was founded in 1866 and is headquartered in Vevey, Switzerland.
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