Bebida Beverage Company (BBDA)

[gauvdog]

The product was just to give the illusion of a real company.

You couldn't be more correct! And as far as that went, he gave the illusion well enough to have his personal ATM AND stay above reproach from the SEC.

We have all spoken about his hillbilly stupidity, but if you look at the 5 to 6 years of him going to the ATM to finance high living, I'd say he played it very well. Folks invested like crazy even with the writing on the wall.

He's morally bankrupt, but financially he did very well and he still has all of those assets to cash in on. He's got how many semi's? How many pick-ups? A full sized travel bus. At least one boat. Probably a decent house too. He's still able to cash in on those assets.

We can point the finger at him all we want. It is true he is a pathological lier. It is true he scammed the heck out of all on this board. It is true he's a con artist.

But an honest gut check will tell us it was us who bought into his lies. We financed him. We got excited about his pumps. We made the choices to buy his load of crap even when we had suspicions he might be a con.

For me, lessen learned.