Bebida Beverage Company (BBDA)

[PennyMann]

This is a misleading statement.

Effective 5/1/14, OTCQB companies have a year to institute the new requirements and then another 120 days to be in compliance from their FYE. 

It's my understanding from OTC Markets that OTC QBs will be effected only at this time. Here's a link for further reading:

http://www.otcmarkets.com/learn/otcqb

Some events planned to discuss further:

http://www.otcmarkets.com/news/otcm-events

Here's a link from a securities attorney discussing Pink to OTC QX changes so far in 2014:

http://securities-law-blog.com/tag/sec-rule-12g3-2b/

It appears Pinks are having less restrictions with recent regulation changes.

BBDA is Pink Current so this particular OTC QB change 5/1/14 doesn't effect the company.