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good DD but read their last 10q. defines whats gonna take place.
looks bullish!1
great article chocherita
This pretty much sums it up....
On August 7, 2013, we entered into a securities purchase agreement with Asher Enterprises, Inc. Under the terms of the agreement our company issued an 8% convertible promissory note, in the aggregate principal amount of $63,000, which note matures on May 9, 2014 and may be converted into shares of our company's common stock at any time after 180 days from August 7, 2013, subject to adjustments as further set out in the note. The conversion price shall be at a variable conversion rate of 58% multiplied by the market price, being the average of the lowest three trading prices for our company's common stock during the 10 trading day period ended on the latest complete trading day prior to the conversion date, subject to adjustments as further set out in the note. Our company has the right to prepay the note within 60 days of August 7, 2013, in consideration of the payment of an amount equal to 130%, multiplied by the sum of the then outstanding principal amount of the note plus accrued and unpaid interest on the unpaid principal.
Source 10Q for NANI Aug 14
ok this looks great..
thanks for the post
I'm a bag holder of this stock (own lots and lots of shares), yeah i'm fantasizing that it'll eventually trade a penny. At the same time, I'm realistic. For me total its total speculation.
JMO
I totally get what your say. I'm sure they are trying. I know a beverage company who did something very similar. They actually were able to pour the product into 4000 stores in the NYC area. At the time the stock was trading around .75 cents.
They're philosophy was to bum rush the market, posted crazy sale figures, pr after pr... stock flew.. CEO and his group sold stock like no tomorrow.
Eventually most stores dropped the product because it didn't sell. Management didn't care. stock today is a shell. That CEO has another company, its in BIO.. LOL
trust me i know the business like the back of my hand. By Dec 1, JMO this stock will ether .0001 or post r/s. product will be nowhere in the NYC area.. I spoke to a few distri and ski.. I dare them to contact manhattan beverage LOL...
AGAIN JMO
LMFAO
yeah i know, they're renting a small space in brooklyn lol
when you do any demos in a given area, your product should be available for purchase in that area. Product is not available and its not easy to get in that market. I can give a list of beverage companies that know this. contact reed inc.. they'll tell you. btw its a publicly listed company that trades at $5..
jmo
the closes store the product is available according to the demo rep (wearing a white tee shirt with the symbols bbda.pk) is in long island. hahahaha.. demo was nothing more than a cheap way to promote the stock. failure of even that.
jmo
watching people vomit Koma yesterday was hilarious
CLASSIC BW Sshare structure statement....
I am the CEO of Bebida Beverage Company, a Nevada corporation. I am the leader of the corporation and I am the leader of the shareholder base. When I took over this company I did it a bit hastily, and our team missed a couple of documents and the meaning to us of what they were. That I regret, very much so.
The share structure updates and the Nevada State website will be updated in the coming days to indicate a 7 billion share cap. That is what I’ve decided after reviewing and understanding where the company is and was. There are currently slightly more than 5 billion shares in the trading right now. I have decided to add 2 billion shares to that amount and make the cap 7 billion for the purpose of raising capital for the future if needed to grow this brand. I will not let this brand wither away because we don’t have the ability to raise capital, and we don’t want to go outside of the shareholder structure and my personal investment into this company.
There will be no reverse splits at this time or for the foreseeable future. I have decided that we will not be doing any reverse splits until I can enthusiastically offer to you, the shareholders, a two consecutive quarters of reporting audited financials. That will solidify the fact that we are an absolutely legitimate company with sales. If necessary at that time, and it’s a good business decision, we may consider a reverse split. At this time there is absolutely no reverse split on the horizon.
There may also be some buyback at some point in the coming months depending on how this cold drink season goes. In the fall there very well may be a buyback of some portion of shares. That I just cannot tell you yet as we don’t know what this next three months will bring us.
Our team has continued to determine what had transpired that raised the share volume has any legal ramifications for either us or the former ownership of this company. We will not make a conclusion until a final determination is reached. All indications so far indicate that what had transpired was absolutely legal. However, it could have been very well ethically repulsive.
On another note, me and my team have formed an additional Delaware corporation of Bebida Beverages Company. The sole purpose of doing that was to eliminate any possible chance that anybody from the history of the Bebida BBDA company could circumvent the BBDA that we all know and work hard for and ever take the opportunity away from us to continue to grow this brand and increase shareholder value. That company is in our desks in the office. It is locked up. It is the non-functioning corporation that we will hold tightly and that will eliminate the possibility of any other future possible intrusions into this company and the running of it.
Where do we go from here? I’ve been thinking about this for several weeks, as it appears that I bought into a little bit more than I bargained for. But after Daisy finally talked me off the ledge, several things still exist:
-- We have a strong and powerful brand in Piranha and KOMA and a lot of interest throughout the country and the world in these products.
-- We have a fantastic strong shareholder base in a company.
-- We’ve already made our investment as the new owners of this company.
-- We have distributors calling from all parts of the world and the country interested in bringing in our brands.
-- In the last seven weeks we have done more to legitimize, maximize, and sterilize this company for future growth and we continue to do just that. We’re going to grow this brand until we are all very successful.
So we will not dwell in the past, but focus on the future.
I have set a gross sales goal for Bebida Beverage Company of $2 million before the end of this year and $10 million in gross sales by the end of 2010.
Beverage industry financiers calculate the value of a beverage industry company at 3 times the value of the sales at the end of 36 months. That puts us in pretty good positioning for growth and expanded product lines for our portfolio, which also puts the shareholders in a very good position at this point, as I expect the share value to go up exponentially over the next 12 months. And I hope that you stay with us and join and be part of that growth.
Lastly, Africa. We recently announced the partnership of Potencia Beverages South Africa. This is a very exciting time for us at Potencia and the Piranha Water as well as KOMA. This group of connected business professionals in Africa have got the resources, the manpower, and the know-how to bring our product into that country more as a franchisee than as a distributor. They will handle all of the marketing, sales, and distribution partnerships contracts with all of the KOMA, Piranha and Bebida products, as well as Potencia.
I will be flying to Africa sometime in July to also make a partnership with a company there that can manufacture our Piranha Water, as it is not cost-effective to send water across the world. We will find a company in Africa that can produce the bottled water to our specifications and put it in the pipeline alongside the other brands in South Africa.
This is a country of 43 million people and we are very excited to have a company that has the confidence in the products that we offer, as we do here in the United States, and are as excited as we are to build the brand in that whole country. As Africa continues to move forward I suspect we will have brand sales in Africa of 500-700,000 this year, as it does take quite a bit of time for the products to cross the Atlantic and arrive in Africa. As you know there are special cans being manufactured for Africa, as it has different legal codes, legal names, and ingredients and so-forth on the packaging. So by the time the product actually reaches the country it’s going to be the latter part of August, beginning of September. But with that said I still expect to have sales in the 500 to 700,000 range this year.
As you can imagine there have been a lot of other things that have gone in this first seven weeks. We’ve been all over the country, zig-zagging, meeting with distributors, organizing marketing events and so forth. On Monday we have another massive rollout occurring in Manhattan, New York City with our Oak Beverage friends. That will be ending on the 8th, and then on the 13th of June we will have the big 1 million people festival, the 116th Street Festival, which will be 28 city blocks where we will be making our first offer of Piranha Water to the crowds of million. We’ll also have our NASCAR driver there, Dillon Oliver, signing autographs and hopefully one other surprise visitor that we will not announce at this time.
I want to close with this. Some of you will see everything I have said today as good news and some of you will see it differently. I see it like this: When so many of you shareholders bought shares into this company, you knew it was nothing more than a slot machine. Sometimes you win, sometimes you lose. You suspected that it was another pinksheet company that was a lot of paper, a propped-up management team, and perhaps some product. You were almost completely right.
Now I want to tell you that it’s going to be okay. There’s been enough fear in the stock market for a long time. You shouldn’t fear the game, but you should be very skeptical and fear some of the players. But I’m telling you this: You don’t need to fear me. I am not the one you should fear because I will walk alongside you and talk to you and continue to grow this brand and sales until we are all successful. I will remain accessible and approachable and do the very best of my ability to protect my interest as well as the interest of the shareholder.
Thank you for joining me and have a great day.
Yup, imma buyer!
Create a story and sell it.. Thats the nature of the business. I know a guy who created several companies with BS products and made a fortune on printing. "always sell" I am quite familiar with this business. I go as far as the Stratton, duke, days.. To get caught up with the stories, stock structure etc with a penny stock especially, a subpenny stock is a fool.. I own tons of this, once it pops im done. Hope for no r/s :)
jmo
thank you. You been holding this for a long time?
yup, almost time
Thank you but I don't own a share. Doing a simple evaluation. What is the A/S? Sometimes I buy after r/s situations. I look for certain criteria's.
Looks like it wants to go to $7..
is this company alive?
I'm flat right now, just the puts!
I'm projecting in Sept. Late Sept is the Bio conference. Tons of institutions attending. I'll be there.
Oct - Dec trading in the mid teens.
jmo
been trading these types stock for about 20 years and seen it all. Did you buy into their stories and vision?I buy these stocks to trade them. Most are BS and there are very few that are not.
Do your DD and find companies that are real.
I invite CEO's to investment conference groups in NYC. You learn a lot from them, the business, equity structure and what's ahead.
jmo
looks good
Thorsten Heins stands to make $55.6 million if he sells the company and is ousted.
That’s the amount he’s entitled to receive if BlackBerry has a change of control and Heins is pushed out by the new owners, according to a May proxy filing. The figure, which includes salary, incentive payments and equity awards, is based on BlackBerry’s stock price at the end of the fiscal fourth quarter. The plan was approved by shareholders at its annual meeting on July 9.
its more than just ackman that screwed up jcp
im still waiting for $15
the march to $10 continues!
Like i said, go to the stores that sell this vile beverage (KOMA) and ask the store manager. How many resale orders have you done since your initial order.
Yeah the promoters were busy giving free cans of melatonin thats why the stock didn't fall apart today
I've given this company the benefit of the doubt. However, after doing my DD on the company and product. in MY opinion, KOMO has NO chance of succeeding in the NY market.
My close friend (is from a major top distri) even said " they may do well in Long Island, Upstate NY, never manhattan and the surrounding areas. I wouldn't even take it on consignment"
I was at the demo with a very close friend of mine who happens to run a major distr in the NY metro area. What we witness was hilarious.
BTW, i am extremely familiar with energy beverages. I made tons on one well known energy beverage.
If BW has a shot, he needs to hire a sales and merchandising team. I know many of beverage companies that didn't use a distributor in the beginning.
For me this is pure speculation, buy tons and sell it.. thats it.
I will be posting photos shortly
I'm 1000% right. I ran a beverage company and understand the dynamics of the market. Product will never succeed or even in the ghetto areas. I spoke to ski and a few others... its awful! it has no shot at all.. Company is delusional. I can give you list of energy or other emotional stimulation beverages that fail bad.. NY market shelve space is not easy to get on, many stores have been burnt by BS products.. I saw 5 people spit koma out and two vomit like if they were possessed by a demon. I know one person that benefited from the product today. I'll post the pic later
Hey, the stock has potential to pop thats it.
Company was promoting their worthless stock.. I asked the demo group where is BW. " he ran off, might be at some pub to drinking again"
JMO
do you know his stock option prices?