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Carlsbad stockbroker pleads guilty to $6M fraud scheme
Posted 11:52 AM, June 3, 2015, by FOX 5 Digital Team, Updated at 12:00pm, June 3, 2015
SAN DIEGO — A Carlsbad stockbroker pleaded guilty Monday to stealing more than $6 million from local investors through a risky day-trading strategy that ultimately turned into a classic Ponzi scheme.
Sunil Sharma, 68, admitted in San Diego federal court that he committed wire fraud through his financial manipulations, which hinged on covering up his clients’ extensive losses and continually claiming that their investments were doing well.
Sharma faces a maximum sentence of 20 years’ imprisonment, a $250,000 fine and restitution, according to prosecutors.
Sharma diverted about $2.5 million worth of his customers’ money for his own personal use, including some $700,000 toward the down payment of a $2 million home off Artesian Road in San Diego, $12,000 for a cruise in the Mediterranean and cash for leasing two cars, a Mercedes SL and a BMW, court documents state.
Sharma, a licensed broker who had worked for Merrill Lynch and AG Edwards, moved to San Diego in 2000, where he continued to practice as an independent broker.
Due to the market crash that followed 9/11, in which Sharma and his clients lost a substantial amount of money, the defendant voluntarily gave up his license to act as a securities broker.
Sharma then began to work in the insurance industry. In 2002, Sharma sold insurance from his business in Rancho Bernardo. He also began teaching seminars highlighting various types of insurance and annuities which could be purchased by his clients.
In 2007, Sharma attended an “Investools” workshop that convinced him that he could make money trading stock options conservatively. After attending the meeting, he set up Gold Coast Holding LLC as a vehicle to trade options.
Sharma initially funded Gold Coast with about $50,000 of his own money that he had made selling insurance, court documents state. Using a bull-and-bear spread analysis, Sharma was able to begin generating profits of more than 10 percent on his investment by late 2007.
Due to the fact that his insurance clients were making very little money on their personal investments due to low interest rates, Sharma believed they could make a better return if he could day-trade their money and keep the difference, according to prosecutors.
Recognizing that his insurance customers would not have given him money for such a venture, he lied to them, claiming that Gold Coast was an extremely safe way to earn a monthly retirement income.
Sharma guaranteed investors a rate of return for two to three years and urged his clients to liquidate their retirement accounts and annuities based upon the safety of his investment scheme.
Though Sharma initially planned on buying BRIC bonds with half the investor funds and day-trading with the other half, he never purchased BRIC or any other type of bonds.
Instead, Gold Coast Holding — and later a second company he established, Safe Harbor Tax Lien Acquisitions — day-traded options using a TDAmeritrade trading platform.
Between January 2008 and November 2014, Sharma raised $8.36 million from 32 clients using the two companies. In order to attract new investors, Sharma paid $2.12 million in supposed returns to clients from funds generally derived from the contribution of later investors.
• Huge 2014 Brian Weber KU racing series article
Through a 2014 interview CEO Brian Weber reveals it was always about racing. "Then I got the fever and had a little bit of money". In 2012 "he" bought the modified that he crashed? LOL!
http://webcache.googleusercontent.com/search?q=cache:jBxJEa7gyxsJ:digital.turn-page.com/i/249505-issue-4-2014/15+&cd=15&hl=en&ct=clnk&gl=us
(added rough paragraph spacing for easier reading)
PAGE 16 - AREA AUTO RACING NEWS - TUESDAY, JANUARY 28, 2014 Brian Weber Outlines Plans For New Southeast Based KOMA Modified Series
Kevin RICE Questions Or Comments Received at NEChatter@aol.com Southern Style
This weekend, a tentative 2014 schedule for the "KOMA Unwind Modified Madness Series" is expected to be released. As stated in the most recent issue of AARN, this is a brand new series for Modified teams, with up to ten races planned for the inaugural season, all in the southeast region of the country.
In an exclusive interview with AARN, Brian Weber, co-founder of the series, part-time racer and CEO of BeBevCo of Statesville, N.C., revealed what the objective of the new series is. He also spoke about the tracks in play and many more of the details surrounding what he hopes will bring more popularity to the open-wheeled cars in the south.
Weber's racing interest began as a teenager, working on a crew of a Street Stock at the now closed Islip (N.Y.) Speedway on Long Island. That soon led to him racing as a teen in 1983, first in a Strictly Stock car and then on to the ACT and NASCAR Busch North Series, now known as the K&N Pro Series East. "Then I moved to North Carolina and found out I wasn't rich or good looking so I had to keep making money," Weber joked.
For the next ten years he worked a day job, but Weber also raced on occasion. A 1994 appearance at Lime Rock (Conn.) in a Jamie Aube ride was one of roughly a dozen starts over that ten year period. "Then I got the fever and had a little bit of money," he quipped. "I spent $7-800,000 and had my own Busch team. I think we made about 23 races that season. In '03 we made 13 Busch race attempts. Then I decided that I was going to go back to work again and I developed a beverage." That beverage business, known as KOMA Unwind has been very successful since it opened in 2009, and it is becoming available in more stores daily worldwide.
This new Modified Series is part of Weber's plan to spread the word about his beverage company. Despite his business success, it's evident that Weber can't get away from his love for auto racing.
"The very first KOMA Unwind truck was at Talladega (Ala.) in 2009 with my good friend Steve Park," Weber recalls. "In 2010 we had a truck team and we went to Daytona (Fla.) and finished tenth and fourteenth with J.J. Yeley and Carlos Contreras. "We made it through the season and then decided to focus on the drinks, not racing. That (sponsorship exposure) was good for the brand, but we didn't really have the time or the resources to do both." Forward to 2012, and Weber found himself back into another racing venture. This time it was with his first love, the Modifieds. He is among the board members selected to comprise the schedule, rules and ideas for this new KOMA Unwind Modified Madness Series. His return to the Modifieds made headlines of a different sort last season.
"I've always had a love of the Modifieds and bought a Modified in 2012 from a Long Island guy," Weber explained. "Last May I went to Bowman Gray (N.C.) and I hit (and cleared) the guard rail coming off turn four and ended up on the Fox News Alert at 10:00 p.m. That was it for that one. It tore the hell out of the car. I just got my new chassis from the paint shop a couple of weeks ago. I may buy another Modified to have two so if I do that again I've got a backup." Weber hopes to have guest drivers in his car to help get the new series going. Steve Park and Jennifer Jo Cobb are among the names he mentioned as possible drivers.
The KOMA Unwind Modified Madness Series inaugural race is tentatively scheduled for the third weekend in March, which is an off weekend for the NASCAR Whelen Southern Modified Tour. "This is not trying to take them down," Weber emphasized when asked if the series would conflict with any NWSMT races. "This is trying to get more places to run for the Modifieds and bring all of the hot dogs together. "We're hoping this brings some people out of the woodwork. I'd rather run on a Wednesday night than run against the tour. There may be one race that's a conflict, but I'm pushing hard to not have that happen. It doesn't help anybody to do that. If Bowman Gray Stadium is running on Saturday, we will run either Friday or Sunday. If there is a Sunday event after the Stadium runs, that will be a close location for the teams."
Among the tracks certain to be on the schedule according to Weber are Ace Speedway, Southern National Motorsports Park and Hickory in North Carolina; and also Anderson Speedway in Williamston, South Carolina. Other tracks that could be in play next season if not this year are: Myrtle Beach, Dillon Motor Speedway and possibly Greenville-Pickens. All are located in S.C. Gresham Motorsports Park and Motor Mile Speedway in Virginia, the Nashville (Tenn.) Speedway and even Montgomery, Alabama if that track remains open are being looked at for future events.
"We opened our office up at the beverage company for our first (Modified Series) meeting and 30 people showed up, so the interest is there," Weber noted. "That was just to get a feel for if people were interested. We want to have safe racing that pays more money and in more places and quite frankly I told some of the drivers I'm going to ask you to drive a little further for two or three races out of ten. You've got to remember that I'm building a global brand here with my beverage. "For us there's a major front side of brand building at these race tracks. We have pretty specific attendance goals in mind. Modified racing is extremely exciting. I'm going to be all about making this successful as a company." To do that, Weber is asking some of his corporate partners through the beverage company to get involved by sponsoring events and allowing car displays to be set up at businesses near tracks before events. His hope is that this can add fans to both the Modifieds and his KOMA Unwind beverage at the same time. "We're in most of the Walmarts here in the south," Weber added. "Where the races are near we'll do a pre-event promotion, giving away tickets and working on the local radio stations. We plan to have a play area for kids; an unwind zone for them to play and try to bring fans back to the short tracks races and leave with some memories. We will sell shirts at a reasonable price. Kind of do the things that tour racing used to do that they don't do anymore."
The idea for the KOMA Unwind Modified Series originally came from a conversation Weber had with Randy Myers. Randy was heavily involved with the former SMART Modified Tour, which held events across the south until 2005. Myers is listed as the organizer of the current series. The races will pay $3,000 to win, and $475 to start, with a four Hoosier Tire limit per race event. Drivers running in the limited Modified divisions at both Ace and Caraway (N.C.) will also be allowed to compete with some rule modifications to help them be more competitive. The highest finisher among those cars will learn a $200 bonus. "I was kind of hardcore about having a discussion with American Racer but Hoosier seems to be the one to go with because they will put money into the point fund," Weber revealed. "Randy only wants a three year deal and then hand it off to someone else. I've put the brand behind the series. We want safe, economic racing where everybody is treated fairly."
Exact amount immediately thrown onto the ask.
Diluter back on the ask as well?
Brian Weber scamming since at least 2003!
CEO Brian Weber continues the shareholder delusion and simply repeats his past. Dividends sound familiar? Anyone receive theirs yet?
http://web.archive.org/web/20031006223533/http://www.brianweberracing.com/ownership.htm
Brian Weber & Associates, LLC is making available 40% of stock in the Brian Weber Racing Team. This offering is being made to raise capital for the growth and expansion of the existing Brian Weber Race Team of the NASCAR Busch Series. Units of Brian Weber & Associates are available in four different levels with a total of 1034 Units available. Our goals are to develop and maintain a competitive NASCAR race team. Stock Holders will receive a Stock Certificate and quarterly reports.
Before you decide to purchase our ownership shares, in addition to the following summary, you are urged to read the entire Agreement carefully. Please review the risks of investing in our units as discussed under “Risk Factors.”
Summary
In early 2002, Brian organized a BUSCH Team consisting mostly of volunteers and successfully competed in15 of 25 race events in 2002. The Team has had notable finishes of 16th at Talladega and 23rd at Daytona. Brian finished the season 43rd in owner’s points and 50th in driver’s points with minimal sponsorship. Prior to BUSCH, Brian competed in the NASCAR BUSCH North Series, Modified, late model stock cars, as well as other short track racing.
Owner Brian Weber has decided to position 40% of his ownership for the purpose of raising annual working capital. Four levels of ownership will be available. In addition, we intend to offer our Share Holders a number of Owner Privileges. Within this 40% no one Share Holder may purchase more than 10% of the total stock available.
Brian Weber & Associates is a North Carolina Limited Liability Company. Our offices are located at 125F Trade Ct #9, Mooresville, NC 28117. Our primary contact number is 704-619-8918.
OWNERSHIP AGREEMENT
Owners of Shares agree to pay a yearly maintenance fee for the first five years for each Share purchased. This allows for Brian Weber & Associates to maintain the program, plan, commit resources and maximize our preparation for the future. (See Ownership Levels for Fees)
Shares of Brian Weber & Associates are transferable and resalable. Brian Weber & Associates will attempt to resale your share provided there are no available Shares in your Ownership Group. If Shares are available the Share Owner is solely responsible for the resale of their share.
Share owners that fail to pay their maintenance fee 30 days after the due date face forfeiture of their Share to Brian Weber & Associates.
Share owners may upgrade to the next level if an opening becomes available. Share owners must pay the difference between shares, the yearly maintenance fee and surrender their existing stock to Brian Weber & Associates.
Brian Weber & Associates will publish a “Team Operating Requirement” for each season. This will include the team goals for the season and the projected dollar amount of our budgeted expenses.
Directors, Executive Officers and Control Persons
Brian Weber Owner and Chief Executive Officer
Jared Hochstedler TBA
Mark Westrick Ownership Administrator & Marketing
Ownership Benefits & Levels
The following are the four levels of Ownership available. The initial cost and maintenance fees are listed after each. The maintenance fee is required to be paid for the first 5 years. Failure to pay the maintenance fee will result in forfeiture of the owner share.
Share Owners will see a return on their investment from a “Race Winnings Fund” (RWF). This return on investment is guaranteed and will work in the following manner, during the 2004 Season 3% of the total Race Winnings will be placed into the RWF. Each Share Owner will receive a dividend from this 3% at season end. During the 2005 season 4% of the total race winnings will be placed into the RWF and each Share Owner will receive a dividend from this 4% at season end. The percentage placed into the RWF will be increased to 5% in 2006 and remain at that level for each season thereafter.
At the Platinum Level, Pit Passes will be distributed based on seniority according to date of Share Purchase. Share Owners will be permitted to pick Pit Passes for the race of their choice using this method.
• KOMA UNWIND BOAT DESTROYED!
Shareholder money LITERALLY WENT UP IN FLAMES! Absolutely hilarious!
Maybe that was a good idea to destroy any scam evidence?
https://www.facebook.com/shamelessracing/posts/439589016193877
Shameless Racing
March 10 ·
Well 2015 got off to an unfortunate start in Lakeland, Florida. As Brandon was testing the Lil Miss Koma Unwind something started a fire. As the boat shut off it was instantly engulfed in flames. Brandon was able to escape without injury but crews struggled to get the boat extinguished in time. The boat is badly burnt and will not return to racing. Brandon went on to run the 5 liter and NM for the Budget Buster racing team. Both boats handled great for Brandon. The 5 liter had a motor issue and no other boats showed up to run as a NM. Other news as to which 2.5 the team will run and some big news for our GP team coming soon! Stay tuned!
Alert racing community CEO Brian Weber+crew = scammers
BBDA management still pumping racing over product.
https://www.facebook.com/pages/3-Wide-Life/213214601297
These people don't have a real office?
Main address is a post office box? Jeez, how unprofessional.
312 S Beverly Dr #3401
Beverly Hills, CA, 90212
He also used about $15,000 on plastic surgery for his wife and spent $11,000 for a weekend at a Las Vegas Hotel with his girlfriend, according to the indictment.
The Company is funded and essentially self sufficient at this point.
Ex Koma Unwind driver sponsored JoCobb is an idiot.
http://nascartalk.nbcsports.com/2015/05/29/jennifer-jo-cobb-wrecks-in-truck-race-at-dover-is-called-to-nascar-hauler-for-her-actions/
Jennifer Jo Cobb wrecks in Truck race at Dover, is called to NASCAR hauler for her actions
May 29, 2015, 6:27 PM EDT
NASCAR officials beckoned Camping World Truck Series driver Jennifer Jo Cobb to the infield hauler following an incident in Friday’s Lucas Oil 200 at Dover International Speedway
Cobb, who owns her truck team and runs it on a $300,000 annual budget (the top teams spend $3-4 million a year)
Who is Red Michael?
Previous owner of Big Red Inc which is now the Bebevco warehouse?
http://north-carolina-unclaimed.org/data/1304+N+BARKLEY+RD+STATESVILLE,+NC,+28677/RED+MICHAEL/39410080.html
Shareholders should buy ACE SPEEDWAY!
CEO BW & management recently raced on this race track April 18 2015:
http://www.marketwired.com/press-release/bebevco-donates-title-sponsorship-to-autismsmilesllcorg-for-upcoming-event-otc-pink-bbda-2008285.htm
(oh there's another KU race there on June 19th!)
April 17 2015, Ace Speedway was up for sale:
http://www.racingjunk.com/NASCAR-ARCA-ASA-HOOTERS/2845223/RACETRACK-4-SALE-SUPER-GREAT-TAX-WRITEOFF.html
CEO Brian Weber and his tool crew should get together, grab more shareholders and buy this race track! TAX WRITEOFF! (although Brian Weber has a serious problem with taxes)
Wonder which race track shareholders are going to end up buying?
http://www.racetrack4sale.com/home.html
Where are the 100 Statesville jobs?
http://www.statesville.com/news/article_b47a4ea2-3151-11e3-bd71-0019bb30f31a.html
Posted: Wednesday, October 9, 2013 11:30 pm
By John Hamlin
The beverage company expects explosive growth in the near future, said CEO Brian Weber, with plans to add 100 jobs in Statesville over the next 24 months in a variety of positions, including sales, customer service, shipping, logistics, marketing and brand management.
And try to sell some other crap products.
http://www.newgenica.com/
I guess the R/S was good news?
It did spike up the PPS, too bad shareholders couldn't sell off due to the time it took to convert shares!
CEO BW should announce another "share buyback", seems to have worked and grabbed a few more suckers.
Marvin Johnson posted fake CNN news?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105193917
Wonder if its this Marvin Johnson, which you may have already known:
https://www.linkedin.com/in/marvinjohnson1
Interesting how much insider info he might have had?:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80718693
OK,
The NYC news broke today like I said it would. The bounce is coming. On Monday, buy as much as you can at the opening. More good and big news on the horizon. Looking to hit at least 2 cents. Top Secret: Jenifer Lopez!
...
Big Things Coming. Stock going to 5 cents plus. Large private investor coming in. Big news about to be announced. Buy early and often at the bell tomorrow. This is Big New York City News, with lots of players and lots of $$$ involved. Thank Me Later!!!
MJ
Yet another attorney overlooking worthless companies.
All those companies are failing, just like the last attorney and the one before that.
BBDA hiring Bunker Law Group, Las Vegas
BBDA just hired a new attorney.
http://www.otcmarkets.com/financialReportViewer?symbol=BBDA&id=139185
Anyone know much about this Benjamin Bunker lawyer out of Las Vegas?
http://bunkerlawgroup.com/
https://www.linkedin.com/pub/benjamin-bunker/25/972/5a0
Ex-BBDA Europe management tweeted that they split from main company 1 year ago even though BBDA CEO maintained the idea that Europe was still relevant. After this discovery, BBDA CEO Brian Weber quickly responded on FB about this "shocking" revelation. BBDA IR stated on FB that, per their council, they had to wait for the ex-Europe management to "make the first move"... whatever that means.
Open letter to Shareholders.
Dear all,
Some of you know by now that our EU partnership has devolved. It was certainly a huge blow to me both personally and professionally. With thousands of hours invested and hundreds of thousands in money spent. Due to advise of counsel both domestic and international we will not be able to share any more info with the exception that, We have steadily built the KOMA Unwind Brand from scratch, We have always maintained its chemical & physical identity since the onset. Our council is reviewing hundreds of documents and over a hundred hours of both saved audio and video's.
Know one knows were and when this will have a final outcome, but we are dedicated to the protection of the brand, all the investors interest and continue to explore our international opportunities.
CEO
Brian
Sxxx Sxxx It would have been nice to find this out from BBDA first hand instead of hearing it from an outside source.
Yesterday at 12:30pm · Like
Ken Fletcher we needed him to make the first move. per our attorneys.
Yesterday at 12:32pm · Like · 3
https://m.facebook.com/groups/1529190150685829?view=permalink&id=1588799064724937
• New Attorney - Bunker Law Group
Out of Las Vegas... why so far away from home state?
http://www.otcmarkets.com/financialReportViewer?symbol=BBDA&id=139185
https://www.linkedin.com/pub/benjamin-bunker/25/972/5a0
So the shareholders were diluted of $1 million "type of shares with value development that we all know well and have", 1/3 went overseas for actual product purposes while 2/3 went to CEO BW and racing.
CEO & management received over $700 thousand dollars play money!
THANK YOU SHAREHOLDERS FOR THE $1,000,000! AND HAVING A SMALLER PRODUCT FOOTPRINT THAN PREVIOUS YEARS!
Give CEO Brian Weber $1,000,000 and the result is =
product removed from Amazon
product removed from Walmart
David Paske (main salesperson responsible for getting product into Walmart) no longer works for company
no Cheech & Chong products
5 LLC companies tax delinquent
no more product samplings at various stores
free baseball games at various East Coast ballparks for Bebevco crew
free Beerfest for Bebevco crew?
pumping someone else's pot product that's not available
support for upcoming races and the end of year banquet
What a FDA response may look like.
http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/2015/default.htm?Page=7
So some may see that another company that received a warning letter the same day as Bebevco, Bragg Live Food, actually fixed their problem and received an OK by the FDA (response letter).
Their FDA response letter looks like this:
http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/2015/ucm447690.htm
So Bebevco employees that stated the company received an OK response from the FDA are lying. Bebevco may have received a FDA response letter stating "you still gotta fix that".
Using bus to go party at Beerfest! PHOTO
Looks like management decided to go party at Lake Norman Beerfest last week, May 23,2015. Considering there is an FDA warning on the product, not sure how company can still give away samples:
https://twitter.com/JakeSpillers55/status/602291652938616832
Caught the @KOMAUnwindNews bus up near Lake Norman today in Cornelius, NC
6:54 PM - 23 May 2015
Lots of Facebook message deletions.
Screenshot them if you get a chance.
Our council is reviewing hundreds of documents and over a hundred hours of both saved audio and video's.
Elafifi still hasn't explained why BBDA EU Poland is still active and why he's taken on more shares in it.. and its still shared with CEO Brian Weber and Daisy Ramirez.
Otherwise, he didn't do HIS DD on Brian Weber and got suckered in!
Goes to show you can be in the business for years and still don't "get it".
Also there was a major European beverage staff firing, so all of these ex Red Bull/Monster/etc people had to find a job and unfortunately they found a poor one via the FMCG Adam Smith Conferences.
Still don't understand how one can follow a "leader" who presents themselves this way:
Ken Fletcher, Sam Scheider play racing video games.
Ken Fletcher is BBDA IR but is busy pumping racing instead.
Sam Scheider = Warmick Intl, shares same address as Bebevco:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111090519
Shouldn't they be working pushing product, or fixing it?
https://www.facebook.com/KOMAUNWINDMODIFIEDMADNESSSERIES/photos/a.673909736002405.1073741829.640532949340084/913498252043551/?type=1&theater
Company spent 3 days promoting race instead of product.
ITS RACE DAY!!! after 3 days of handing out flyers and a week of radio ads we are expecting the biggest race... http://t.co/PqiALaOoFs
— Sedang Koma (@sedang_koma) May 22, 2015
KOMA Unwind MMS
?@KOMAUnwindMMS
ITS RACE DAY!!! after 3 days of handing out flyers and a week of radio ads we are expecting the biggest race... http://fb.me/2b6cbdp6A
Retweet
1
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Pro All Stars Series
Doug Wall
5:45 AM - 22 May 2015
BBDA is just another Freedom Financial Holdings.
http://www.theautochannel.com/news/2008/07/08/092448.html
CEO Brian Weber will just find another stock swindle play!
http://www.talk-sports.net/nascar/sucks.aspx/Brian_Weber
125F Trade Court #9, Mooresville, NC 28117
After all these years shareholders still don't know that their main contact address is a UPS mail box. Unless you want to wait around for Brian or Daisy to pick up the mail!
http://www.postnet.com/mooresville-nc116
You'll have to go to the warehouse if you want an attempt at physical contact:
1304 N. Barkley Rd.
Statesville, NC 28677
Ahmed Elafifi needs to explain whats going on with the recent adjustment to the Bebevco EU Poland company.
Earlier this month he raised his shares in it and one of his buddies left, so he lies if he said that they've been "out of BBDA for over a year".
• Bebevco EU - Hatem Elazawy is now gone
2015-05-07 change in BBDA EU Poland company.
Ahmed Elafifi now owns 276 shares of the company, up from 200 shares.
Hatem Elazawy left the company and dumped? his 48 shares.
This leaves Elafifi (276sh), Weber (96sh), and Ramirez (96sh) as the only ones left controlling Bebevco EU.
• TRANQUINI.com website is live
http://tranquini.com/en/
Who We Are
Our journey
Founded by Ahmed Elafifi, TRANQUINI GmbH is a company set to build and lead the new global category of functional relaxation drinks.
How about a Wadachill?
BBDA T/A is now supposedly gagged.
Increase O/S, announce buyback, gag t/a.
Tsk, tsk, tsk...
Wow, Blackbridge Capital's track record isn't very good at all.
https://www.facebook.com/blackbridgecapital
Seems that their "partnership" announcements occur at a time when the pps is at a higher level.
BBDA Blackbridge Capital LLC
Just released Blackbridge Capital LLC sched 13G, 2 days after BBDA announced a "75M buyback" (which of course propelled the PPS):
http://ih.advfn.com/p.php?pid=nmona&article=66866293
https://www.facebook.com/BeBevCompany/posts/894144467305491
BeBevCo
May 12 at 6:31am ·
Bebida Beverage Company Reduces Outstanding Shares By 75,000,000
STATESVILLE, North Carolina (May 12, 2015) - - Bebida Beverage Company (OTC: BBDA.PK), (BeBevCo), a developer, manufacturer, marketer of relaxation, energy drinks and shots announced today the company has recovered and retired nearly 10 percent of the company’s current issued and outstanding stock.
Furthermore, the company is optimistic that it will continue to repurchase, recover and / or renegotiate and retire additional stock, both common and restricted in the coming months.
“Being an OTC Markets or Micro Cap company has daily challenges, which includes raising capital to keep up with the companies’ growth and the ebb and flow of business in general,” said BeBevCo CEO Brian Weber. “With that said, we are always looking at ways to accomplish our capitalization needs by leveraging our stock in both public and institutional ways to keep the project moving forward.”
Weber added, “It has been six years of steady hard work and growth for our company. Without the amazing and growing numbers of dedicated and sometimes frustrated shareholders and investors, we would be nowhere. I personally see the growth and sign the agreements that will ultimately make Bebida Beverage Company one of the best Micro Cap stories of this decade.
“When the building your in has more equity value than your stock something is obviously very wrong. When you have a single new purchase order worth more than your company’s stock something is certainly wrong. I am optimistic that our buy back will bring our stock price and OTC Markets view back into true focus and the loyal and long term investors have their day,” concluded Weber.
Find us on Facebook (Facebook.com/KOMAUnwind) or follow on Twitter @KOMAUnwindNews.
For those consumers who cannot find KOMA Unwind and our other products locally, please visit our website and Amazon.com to place an order.
Shareholders, investors and potential new distributors are invited to be added to the corporate e-mail database for the future distribution of corporate press releases and industry updates by sending an e-mail to BeBevCoInvestors@gmail.com
About BeBevCo:
BeBevCo (Bebida Beverage Company) develops manufactures and markets liquid relaxation products including, KOMA Unwind® Liquid Relaxation®, KOMA Unwind® Sugar-free Liquid Relaxation®, and KOMA Unwind Liquid Relaxation Shots®, as well as POTENCIA Energy, POTENCIA BLAST Energy Shots and Relax 5 Shots.
KOMA Unwind® currently garnishes over 75 percent of brand awareness in the rapidly expanding relaxation drink category in the United States. Additionally, KOMA Unwind® has been featured in The Oprah Magazine, Bloomberg News, the Wall Street Journal, Women’s Health and many other publications.
Corporate websites accessible at BeBevCo.com, Relaxfive.com and KOMAUnwind.com.
Koma Unwind CA Coalinga distributor be careful!
Multiple reports of Jamie (Jaime) Garcia, the Koma Unwind distributor in California, being bad neighbors!
http://coalingaca.swagit.com/system/agendas/37313/original/Agenda_Meeting.pdf?1391901730
2013-0290 083-292-05 S 1740 Willow Springs Ave Jamie & Eloise M Garcia 4/26/2013 4/26/2013 5/16/2013 Public Nuisance
2013-0509 083-292-05 S 1740 Willow Springs Ave Jamie & Eloise M Garcia 7/3/2013 7/3/2013 7/26/2013 Public Nuisance
Koma Unwind California distributor should be more careful with their lost money.
http://ca-lost-money.org/data/1740+WILLOW+SPRINGS+AVE+COALINGA+CA+93210-9623/GARCIA+ELOISE+M+%3B+GARCIA+JAMIE+J/11783598.html
Look at that, I just found $4.17 for the KU guy!
That's Washington Mutual that got bought out by Chase Bank... and to which Jaime forgot to collect from his savings account! That's not much saved!