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Financials were due August 15th.
Time Limit for Attorney Letter submission within 30 days after financials.
Interesting how Brian gave interview on the 11th where he stated it was to his advantage to buy back shares at a lower price and an attorney letter was magically never filed. Company has been current with filing attorney letters since November 2011.
So....What changed??
http://www.otcmarkets.com/companies-advisors/upgrade-otc-tier
Ongoing requirements for Current Information:
Post subsequent Quarterly Reports pursuant to Section Two and Annual Reports pursuant to Section One of the Guidelines for Providing Adequate Current Information (PDF).
Post an Attorney Letter for each period end.
OTC Markets will automatically be alerted to the posted documents and will:
Verify that the company has posted the required Quarterly Reports within 45 days following each quarter end and Annual Reports within 90 days following each fiscal year end. Companies will be downgraded to Limited Information if reports are not posted in this timeframe.
Confirm that an Attorney Letter is posted for the period end. Companies are given an additional 30 days beyond the disclosure statement due date to post the Attorney Letter
Brian SPECIFICALLY SAID he wants a core group of 30-40 investors including himself with capital holding 70% - 80% of the shares. Then they could initiate a buyback offer to get the other 20% - 30% to sell out. He SPECIFICALLY SAID he wants 30 investors not 4,000. You say he needs under 300 investors to go back private? How about if only 30 own all the shares of the company?
STT Radio Interview 09/11/2012 Time 41:47 - 44:08
43:45 - "We'll decide how to move collectively from there..."
http://ih.advfn.com/videos/market-commentary/stt-radio-ceo-interview-bbda-brian-weber-9-11-2012_5cW3OPxF7vs
BTW, he also said in the same interview it's not to his advantage to buy the stock back at higher pps.
Go back to the interview. I was going to post this comment back then but figured it was a waste of time - all the longs would just poopoo the post. Now that the stock has been moved to a LIMITED PINK for failing to file properly which there is no excuse for I'll post my thoughts.
I spent over an hour listening to the replay of Brian Weber's interview. When he discussed the buyback he came out with a statement about the "top 30 to 40" investors pooling to help out. I distinctly was given the impression Brian wants to take this company back to PRIVATE with limited investors involved. If he has private financing already (the 4 million credit line) then schmucks like you and I buying his stock on the OTC Market are no longer needed. The only thing we were needed for is capitalization - seed money to keep Bebevco rolling until it becomes self-sufficient thru sales. I think that Bebevco is doing ok as a company but that doesn't translate to its stock without real data, aka "audited financials".
Now we find out that Bebevco did not file information with OTC Markets/SEC and has had their status changed. Why? Who benefits from that? Even if Brian was going to "buyback" the stock it benefits him to get it as cheap as possible. That is why I am SKEPTICAL about the value of this stock now. The initial MOJO is over, Walmart has not moved to add another state(s) of stores in action alley rollouts, and they are announcing minor distribution deals. I don't see any incentive for Bebevco/Brian to keep this stock steamrolling upwards. Disagree with me if you want but I'm suspicious Brian wants to take his toys and go home to play by himself now.
Yes it is growth. Is it worth a PR? Absolutely not. Brian is trying to hype everyone. A tractor trailer load would be of consequence. I could sell a skid at the county fair next to the cotton candy booth. That means nothing.
I don't think you get it. A case is 24 cans. To get FFA shipping from Bebevco you have to purchase 40 cases or a total of 960 cans @ $21/case. That's a $840 purchase. It's a worthless PR.
Check Edland Distributing's Facebook page.
Hmmm, it only took a purchase of 40 cases of Koma Unwind to create that magnificent PR or roughly about 1.5 skids that went into a Walmart store. Big Purchase, Big Distributor, eh. What else does this company distribute? Oh, yeah, his facebook page also says he distributes "cocaine" drink. Sounds like a winner to me.
Fraudulent Chart, Buddy. That is not a chart for BBDA.
http://www.otcmarkets.com/stock/BBDA/chart
Well, there were 3.6 million shares purchased at .014 this morning at opening bell so I was just wondering if he purchased, purchased and sold, or if it was hype. 5k down indeed if so.
Did you buy $50,000 in shares this morning??
STT Radio a Barnett Consulting LLC. Co. expects to be compensated $1500 in cash only for a CEO Interview of BBDA by the company
http://stocktraderstalk.com/compensation
Coffee drinks were concepted/promised back in 2010 but they NEVER came out with them. Dunkin donuts, Starbucks, etc sell a ton of iced/cold coffee drinks so it would be a good sell IF they came out with them. Of course it's a relaxation drink versus a stimulus drink but that's why they make decaf, people just like the taste of coffee.
I have Walmart's cost per can pegged in the low .90's. The figure I gave for BBDA .30-.40 profit per can took into account all costs involved (salary, administrative expenses, travel, etc) as listed in their 2nd quarter filing. They made a net profit last quarter of 37% of total sales. If Walmart paid the same as they charge everyone else their profit percentage would go up because they can make more Koma with a marginal increase in payroll expense and the cost of materials. Administrative costs are going to be flat. However, Walmart is going to get a discount from the normal price so profit margin for BBDA will either stay the same or go down a little next quarter. Of course, total profit will be up based on increase in sales.
Then you could use your profits from selling Koma to fund more share buying lol. Symbiotic.
Buy some BBDA stock on a dip and sell on a peak, let BBDA stock be the source of your funds to get started. Heck, only $840 for an initial order of Koma. Biggest expense would be gas for your vehicle.
grrr, had a whole post written on the math of this and accidentally hit the back button.
In short form, based on all the numbers I see BBDA only making net profit of .30 - .40 per can selling to Walmart depending on expenses for 3rd quarter. Profits for 3rd quarter will be somewhat higher, may take til 4th quarter to start seeing big money in profit.
Walmart is mopping the floor with Koma profits.
jmoney13, if you can do it you should be able to get about $.95 profit per can selling Koma @ $2.00. Not bad.
So who got the 750,000,000 shares in the last capitalization block? Does Bebevco hold some of them still and sell into market at will? Does a 3rd party have them? Someone complained earlier today that every time the stock takes off huge sells come up that "chillax" the climbing stock price. I hadn't thought about that until today, so I went back and did some math again.
In the last quarter 750 million shares were issued (financial report has another error listing only 750,000 shares) but market capitalization was only listed as $138,467.50.
$138,467.50 # 750,000,000 shares = .000185 revenue per share
I went back and checked the charts and during the months of April - June the share price averaged from .0003 - .0009 before June 18th (Brian's announcement for the end of shares issued for capitalization.) Were some of those 750 million shares held back for future selling? Could some of those shares be being sold now at the highs and re-bought at the lows? If you think about it the Wal-mart deal was PR'ed on June 28th. When did Bebevco get the contract? How long did they know? It would be a great opportunity for Bebevco to get more working capital at the current prices than the .000x prices. Maybe I'm seeing shadows in full sunlight and have gone bonkers. Just musing. Would also be a way to finance buyback of shares. Ka-ching.
BTW, today was a fluff PR. 28 convenience stores with 2 rows of Koma in their coolers? Whatever. Is it good for BBDA long term? Heck Yeah, Brian can keep signing em up left and right. Still good for business. However, we all know the real PR is when extra Walmarts get signed up, a professional commercial becomes reality, or a large grocery chain brings Koma onboard. That's when we can start talking rocket ship again.
I appreciate all your posts MikeLandfer but MNST has way more cash ($420 million), net income($371 million est this year) and assets ($1.6 Billion) than BBDA does and only 176,000,000 outstanding shares. They are going to buy back $250 million worth of shares. At today's price that equals 4.5 million shares or 2.5% of the total outstanding shares.
The math does not compute. If Brian announces buyback of 2.5% of shares right now at today's price he would pay $680,625. That is twice the net profit from this last quarter. BBDA does not have the freedom to use their profits for stock buyback right now or in the future. Brian will have to use that money to grow the company which will make the share price go up more. And even if they could it would only decrease shares by 56 million.
2,250,000,000 -
56,250,000 =
2,193,750,000 shares. Still 2 Billion + shares. I don't think that is going to make an impact on the share price to make millionaires out of us. No offense but still not like MNST.
No buyback, will be reverse split. Only way we make out is if Brian follows path that Whiplash laid out in his earlier post:
#163913
Nasdaq is not happening this year or next year.
Just the math.
October at earliest, probably more like November based on timing of last 2 quarters filed with the OTC.
Whiplash, this is an awesome job and a lot of hard work to show this information. You've also by your presentation made a case for the need for Bebevco to have audited financials by pointing out one "mistake" on reported financials to the OTC. I also find it strange that "total assets" and "total liabilities" magically come out to the same amount among other things. Bebevco is still classified as a small business so I don't believe the 50k audit cost number thrown out is applicable right now and I don't think Brian wants anyone really looking at the books right now. He's going to do whatever it takes to make Bebevco profitable though because he will benefit in the end.
I know all the "longs" and koolaid drinkers on this board are going to be mad at this statement but look at the scenario Whiplash has drawn out and he's being conservative. No matter how much you want it to be so and no matter what Brian says it is going to be financially impossible for Bebevco to purchase back shares unless this stock dropped back to the .0000 netherland again. THERE WILL BE NO BUYBACK! The only way Brian can handle this situation is a reverse split. Any new investors need to see the reality not the lucky pot of gold at the end of the rainbow that can't be found.
That being said, the value of this stock now belongs in the performance of Brian and gang increasing distribution and brand recognition and thus increasing sales. More sales = more profit = more value to stock (theoretically). There is still money to be made in short term runs. How high will the stock go? Who knows, this is pennyland and strange things happen here. Are we all going to be millionaires? Questionable. We go right back to the problem of 2.25 BILLION shares. It's a catch 22. Somewhere along the line Brian is going to have make this company more desirable as a stock. The only way to do that is to lower the shares to increase the PPS to over a dollar and yet show true valuation. Thus, a reverse split. When that happens there are going to be a lot of "longs" left holding the bag if the PPS is too high because BBDA will see a red red day(s) until valuation equalizes. New investors please note - is BBDA a beast or a train? It might be, feel free to jump in, the more the merrier, but don't be afraid to jump this train when it gets to the top of the hill. This isn't a 1-5 year hold stock by any means.
And last of all, please please stop dreaming about a buyout from Coke or Pepsi or someone else. Hope that doesn't come until after we've had our fun and moved on because we will all lose on that day and Brian will win. You can buy all 2.25 Billion shares and you're still only going to get 30% of any purchase price offered. Those are just the cold hard facts. The other 70%? Yeah, that goes to the owners of DLR associates - Brian and Daisy and maybe someone who threw a 4 million loan to Bebevco.
GLTA.
I checked the last 2 OTC filings and the cost of goods to make all their products seems to consistently be 24% of gross sales. They also had net gain after all expenses of 26% for quarter 1 and 44% for quarter 2. As sales are increasing with Walmart let's go with the 44% number rough estimate the 1,000 Walmart store possibility scenario laid out earlier again:
$1.128 gross profit per can x 4.5 million = $5,076,000 gross profit.
$5,076,000 x .44 = $2,233,440 net gain.
All conjecture at this point but there is an idea of true profit in that scenario.
Someone was claiming they had 30 million shares, sorry if I attributed that to you improperly, thought it was your name that posted that. However, as I said in another post, if you are getting personal text messages from a CEO and he's not posting that info for all the public to see then technically you are getting "insider trading" info. I don't think I'd be posting for all the public to see that I was illegally getting such info. Just my .02
You're still forgetting to take into account what price Walmart is buying cans at. A retailer like Lowe's makes an average of about 35-40% margin on store sales, I'm betting Walmart is the same or a little higher on drinks. Let's say they get 40% margin.
$1.88 x .60 = $1.128 cost per can.
This is gross profit per can for BBDA.
Now if your 15% is true then:
$1.128 x .85 = 95.88 cents net profit per can.
.9588 x 4.5 million = $4,314,600 net profit.
In reality you still have to take administrative expenses, travel, and payroll out to get the final number of profit for the company.
I agree. Everything else is hearsay. I am waiting for Bebevco to post such info to the public or file with earnings to the OTC.
Besides, getting "text messages" regarding BBDA's status and income personally from a CEO would be um, yeah, "INSIDER TRADING" and would be illegal.
You saying Bebevco got a 3rd payment because BW sent you a text message is "hearsay". It has no validity. Anyone on this board can say anything they want and they do whether trying to pump this stock or create a dump. As you claim to be holding 30 million shares (if that is true) then you are going to obviously be pumping the stock like crazy so you can get out with a boatload of money on someone else's back.
Stoutman's response is best, wait til we get "official" 3rd quarter numbers to know the truth. Until those numbers are audited by a 3rd party (and there is no reason for Bebevco not to audit their books unless they don't want to as well as tax implications) we don't know their validity but at least reporting to OTC is public info being offered to all parties.
BTW, I specifically responded to IV's post and he is still claiming idiocy with his "Walmart Model" garbage.
So who owns 70% of DLR Associates and who is going to own 70% of the new Bebevco EU-Asia business? Is it Brian and Daisy? In the end, whoever owns the 70% is going to be the big winner takes all. I think there is still opportunity and money to be made with the BBDA 30% we are allowed to play "investor" with but unless this gets some crazy momo I don't think anyone is making millions with this stock unless you put a lot on the table. Unfortunately, crazy momo is usually reserved for the fraudulent shells and fakes promoted by APS and the other con pump & dumpers.
OK, I see it now. I went straight to Bebevco.com and it wasn't linked up, have to go thru that Facebook link to get to it. Thanks.
I'm talking about the "e-mail" pinned at the top and no, it's not on the Bebevco website.
How about a screenshot of that e-mail? Doesn't it seem funny that an e-mail would have so many misspelled words in the day and age of spell checker? Even if this e-mail was real there are no preferred shares and the intellectual rights to Koma Unwind, etc are owned by DLR associates so that is going to always be a detriment to the value of this stock. If Coke or Pepsi or someone else wanted to buy the product they would buy the intellectual rights so stockholders of BBDA would only get 30% of any sale. Those companies own their own bottling companies - they don't need BBDA or Bebevco Holdings.
This stock is controlled by daytraders now. Right now there is not enough new investor interest to drive up and hold the price and won't be until some decent news comes out. I saw where this was going yesterday and got out in time to lock in my profit. I'll keep an eye on this and probably jump back in when the smoke clears. As much as some don't like the negativity it implies Olaf's points about the company structure of BBDA are justifiably an issue for long term growth as well as the sheer magnitude of shares. If DLR owns the intellectual rights to Koma then a buyout offer from someone like Coke or Pepsi will not help the shareholders any either. I don't see this stock going to a dollar without some major buzz but I think with good sales numbers from Wal-mart and with distribution and brand recognition increasing there is long term potential. I was agreeing with G Gekko's earlier thoughts on a potential up to $.10 pps. At least there is a company actually making a real product with real sales.
On a side note, it kills me how this stock can't get traction on buzz alone, bounced off $.02 pps and yet a POS pump like VLNX which is a complete fraud gets thousand of trades from idiots looking to lose money which they did. Could you imagine if they had jumped on BBDA instead? This stock would be very positive now instead of falling.
igor52, you should have bought the 20 packs, they are priced better than 12 packs by both Amazon and Bebevco.
Koma Unwind will be here next week. Just purchased a case online, might as well try some out since I have stock, could use it as I'm a night owl and get my sleep schedule turned around easy which doesn't help getting up in the morning for work. LOL, too bad I don't still live in South Carolina, I could have some NOW!
There is a lot of desperation to drive the price down today to get in on the cheap. I believe the quarterly report will be turned in to OTC on Monday the 20th (was due 15th but they got a 5 day extension due to generally being busy). Also, if they announce another Walmart expansion this stock will rocket again. See tons of excitement on their Facebook pages. More exposure = more sales = higher value to company.
Right Turn, you still out there? Where's everyone's $1.00/share at? I don't think you're going to be buying an island in Chile or Brazil at this point. Hmmm, I'll bet he's rocking in the corner with his thumb in his mouth like everyone else that lost their heinies on this pump pos. Absolute shame to all involved.
Actually, Brazil seems nice. The chicks are hot, too.
CJ, that chart does look good. Maybe a little dip again before it goes wild, lol. Could be a nice play.
I just think it's funny how everyone buys all the BS cause the pump puts out a Marketwire Report. It's a pink and it's a pump. Most of these stocks are frauds. Heck, Nasdaq has them too on a bigger scale. Can you make money on it if you play it right? Sure you can. Mob mentality and MM manipulation is what runs the stock market. The only tough thing is how many of those playing this stock work a job where you get pulled away from a computer only to come back 20 minutes later and realize you missed the dump and just lost a ton. Or you stop out when a selling spree runs the stock down and miss out on the 100% increase the stock reverts too. GLTA involved.
8,876 trades on first day is crazy. It's like pump and dumps are crack and everyone on the OTC was suffering extreme withdrawal or something. Could be interesting tomorrow, could go up with fresh blood (PT Barnum style) or down or I'm envisioning a gap and trap. One thing is for sure. A lot of someone's are going to get left with the short end of the stick eventually.
Here is the real winner of this pump and dump.
211 Million Shares. Wow! 56% of the stock. Bet if you could look at the check to APS and the other pump sites this is the name you'll see signed at the bottom.
"Item 14 BENEFICIAL OWNERS.
The following table sets forth certain information regarding the ownership of our Common Stock as of the date
hereof, by (i) each person known to us to own more than 5% of our outstanding common stock, (ii) each of our
directors, (iii) each of our executive officers, and (iv) all of our directors and executive officers as a group. Unless
otherwise indicated, all shares are owned directly and the indicated person has sole voting and investment power.
Title of
Class
Name and Address
Of Beneficial Owner
Amount and Nature
Of Beneficial Ownership
Percent
Of Class
Common Shilo Capital 211,794,460 56%"
Uncle Shilo, can I borrow the Bugatti tonight? roflmao.
Shilo Capital. Winning. Unlike Charlie Sheen.
Here is an interesting excerpt. "currently there are no "mobile plasma gasification systems operating in the world, so in that context there is no direct competition."
And Yet They admit they DON'T have PATENT PROTECTION!!!!! "
LMAO, maybe Apple can patent their sh*t and charge them licensing fees if this is real. Try Googling "Cell Runner Inc from Japan" and see what you find. Nothing but today's announcement.
Here is the excerpt about Patents:
"The intellectual property used by the
Company has limited protection
The process of seeking patent, industrial design and trademark protection can be time consuming
and expensive and there can be no assurance that patents, industrial design registrations or
trademark registrations will issue from future applications or that the existing intellectual
property rights used by Carbon Based Partners or any new patents, industrial design registrations
or trademark registrations that may be issued will be sufficient in scope or strength to provide
meaningful protection or any commercial advantage. There can be no assurance that any pending
or future patent, industrial design or trademark applications will be granted in respect of the
technology used by CBP or that any existing, pending or future patents, industrial design
registrations or trademark registrations will not be challenged, invalidated, ignored,
circumvented or otherwise rendered unenforceable."
Nice.
Hope you all make some money on this one, I'm not touching it, don't stay in too long lol.
yeah, it's terrible i bought more shares slightly above that on the dip could have had even more shares at that price!
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