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Thursday, 12/18/2014 2:04:33 PM

Thursday, December 18, 2014 2:04:33 PM

Post# of 289427
There will be no bait and switch, no OTC games

In my February 25 update, I spoke about up-listing and all types of options for us and that I would spend a lot of time with consultants and advisors on clarifying a path to the big boards. Well that path has become more clear, in early April we formed BeBevCo, Inc.. It’s not Bebida Beverage Company it’s not BBDA. It is a Brand New Company. In the coming weeks the corporate kit will be turned over to our attorney and the process of auditing & new accounting will be established.

After all the conversations and facts are on the table, I made the best decision for the future of our Company and its Shareholders.

Now I know that this decision and update probably will create more questions than answers on this subject. I am also positive that the haters and rhetoric mongers will have a feast, but it is fairly simple:

Up-listing BBDA with its pre-Brian Weber random owners and random business failures was not our best option. Buying a better vehicle had too many risks and building a nice new vehicle seemed more my style. We are still working out many of the details, but I promise everyone reading this we will be responsible and clear as possible during the process. When the transition happens, every single shareholder will get his equal piece of our new BeBevCo. So, the more BBDA you own, the more of the new BeBevCo you will own when the transition is made.

No One gets left out. There will be no bait and switch, no OTC games… We will finally be free of the micro cap stigma and move to a welcoming home at the NYSE. This process will not happen until late 2013 or early 2014 but it is the path I have chosen and I hope you all will join me.

http://bebevco.com/shareholder-update-for-7-may-2013/


Wait... what? CEO BW didn't even reverse split enough to satisfy PPS to uplist. HE FORGOT ABOUT THAT PUMP! Hilarious!