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You mean like filing Annual Statements and forgetting to include everything other than the 4th quarter. How about a Balance Sheet that doesn't balance. There's dozens of those errors right in the filings.
I don't know about you but I've never filled out an instruction sheet when it's clearing instructing on how to fill out the form.
We being a few of us on the board that were questioning ownership when no common shares were held and the corporate charter with the SOS had no preferred shares listed. It was discussed here on the board. It hasn't been that long since the preferred shares were added. It's sad when management needs a message board to guide them.
He did issue way above the authorized. Several agencies were notified by quite a few people from this board. It was subsequently raised. Those other preferred shares were on the filings while no preferred shares were recorded with the secretary of state. We pointed out that owning no shares in the company meant anyone with majority could take it over and within days, the SOS had preferred shares. It's been a comedy of errors.
it would be unlikely he would be that stupid.
He's a paid stock tout.
Yes, that's happened before too.
It's mostly because he's using old filings are templates and he had 800 Million before and probably meant to change it to 5 Million but screwed up as usual. Both Common and Preferred share totals have to add up to the Authorized and clearly they don't. Either way, who has 800 Million preferred shares anyway. The entire filing is fubar so none of it really means much.
That website is run by a stock promoter that wants people to believe in fairy tale short squeezes. In reality, the numbers are really unsettled trades that are marked as short until they settle. The only real numbers that count are put out twice monthly by Nasdaq. In this case, as in most, the real short is nothing.
http://www.nasdaq.com/symbol/bbda/short-interest
Are you sure now? This is the 3rd time I've updated the sticky. lol
Yeah, but it's not that difficult. Click on the Inactive disclosures tab on otcmarkets.com to see how many failures at filing there's been. There's a reason there's so much distrust. The CEO even initialed the instruction form on one of them thinking it was the actual form. So how are some of us supposed to believe that he's capable of any type of success?
But they neglected to include the annual numbers. No big deal.
Huh? There's no such thing as a 4th quarter report. It's an annual report encompassing the other quarters. The other crap you posted about mergers, reverse mergers and share structures was fubar too.
There's no such thing as a 4th Quarter quarterly report. It was supposed to be an annual report but for some reason, that concept is too difficult to comprehend for management and the staff accountant that supposedly puts these reports together. There's even verbiage from 2009 that's never been updated. A complete mess.
You have it backwards. Shell companies aren't looking to merge, they're looking to sell the shell to a company like BBDA that would reverse merge into it. There's plenty of them but very expensive. Many are owned by attorneys that filed Form 10's and S-1's and get them listed. They could care less who the purchasing company is, what they do or how much they make. They exist solely to be sold.
Actually, the opposite is true. Many pink sheet shells start off on a higher exchange and delist down to the pink sheets over time due to business failure, bankruptcy, etc.
If the company is listed on a senior exchange, they've already registered their shares so the Form 10 has already been filed and accepted by the SEC. That's the point. Filing a Form 10 registration with BBDA the way it is today, would be a disaster as financials are missing and everything's a mess. Of course buying a listed shell on a higher exchange will cost anywhere from $500,000 to $2 Million or more. A Form 10 would take a year and a few hundred thousand dollars.
He's not referring to real operating companies, he's referring to shell corporations that you can buy to reverse merge into.
Same thing:
This would benefit the Company by having a much cleaner capital structure and benefit shareholders of BBDA by having a higher- priced stock.
Quite the opposite. A Form 10 is a registration statement for registering stock with the SEC. A listed shell would just be a reverse merger. The cost of either option is very high and doubt either will happen. I just sounds good to stock holders.
No, they don't get anything. And they won't win as they usually run a few laps and then come up with an excuse to park it. If you're lucky, you might see the logo for a second or two on speed channel (only if you're looking for it) but probably not as they don't show the back of the pack very often unless there's a problem like a crash or breakdown. Sponsorship is a complete waste of money.
No. I just said that a known brand in over 30,000 locations did a little more than BBDA? I don't trust that is true. I see Dream Water and some of the others all the time. I've never seen 1 can of Koma Unwind nor any shots. Shoot, I've never seen Potencia either.
If you believe the numbers. I don't. Dream water is in over 30,000 locations (major pharmacies and food stores) and did a little more than $10 Million so I don't trust BBDA's numbers much at all. And it sells for almost $3 a shot. Drank started the category and hasn't amounted to much. I don't buy this success that BBDA claims.
Energy drinks aren't for me either. And there's a lot of people that have suffered health issues because of them. This could go either way, I'm not sure. So far I just don't think the industry is doing much to promote relaxation beverages at all.
Depends on where. Montreal was cold and dark. As was Ottawa. Toronto was just like the US. I'm not sure what the import laws are like up there so maybe there's reasons that beverages like these have a tough time. I know in Europe there's laws about Melatonin and other supplements.
Drank tried that and invented the whole relaxation sector. And they're not doing so hot. Personally, I think the shots are what will succeed, not 8 oz of soda before bed.
You can't import things that aren't approved. Not sure why Canada would need sleep aids. It's dark and cold most of the year!
Yeah, but the relaxation beverage market started in 2006 so not sure how early to the show that is now.
I'd even take those numbers with a grain of salt. People exaggerate to make a point all the time.
Maybe because they know you're into it? I work for a large corporation and have never seen nor talked about relaxation beverages ever with anyone.
When I saw the figures, I knew it couldn't be right. lol
I didn't say you were pushing an agenda. I said the writers of these silly studies push them, just like CNBC "analysts" say whats in the interest of their personal or corporate agendas.
And it's been a big fail since. People push agendas. So far, relaxation beverages have been a major fail from where they should be.
Wrong. Zico coconut water was at $7 Million and went to $75 Million, not "Just Chill". lol
That's complete BS and not close to being believable.
Sales actually decreased and costs almost tripled.
Secretary of state says 2.5 Billion so that's what it is. 2.495 Billion for the common which is why you were told that.
Great minds think alike. I was just searching on that and the address. Most likely the source of funding.
2.495 Million is the number of common shares authorized. Add the 5 Million preferreds and that's the total authorized for the corporation, 2.5 Million.
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=139156196253141251029028070039008175089079194136
That just shows the 5 Million preferred. It doesn't show detail on conversion rate but 100 for 1 is probably what it is.
Preferreds are 5 Million according to the only source that matters, the secretary of state. 500 Million is probably what they convert into for common shares. Even that it's possible since the authorized is maxed out. Don't be surprised if the authorized is raised again and these preferreds used as an excuse for doing so.
The report is complete garbage. It's not even an annual report. What kind of bonehead doesn't understand that an annual report is for the entire year. There's no such thing as a 4th quarter report. Good grief.