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Looks like an endless supply of stock up at $0.04....Thank God I got out above that!
There ISN'T 9,800,000,000 Authorized Common Shares? Then please explain to the rest us (for us little folk) why it says so on the WY Sec of State Website:
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=139156196253141251029028070039008175089079194136
When you were issued hundreds of millions of shares below "par"...who cares where you sell!!
Wow...talk about completely turned my post upside down! BBDA can issue Convertible Notes to whomever, under any terms it sees fit! The article you're talking about was about Pink Sheet companies....I am talking the FUNDS that finance them....that's who the SEC is now targeting! What do you think will happen once the SEC turns off the spigot to companies like BBDA? Believe me- there will be some people (no names please) that will be praying that everything that has been said, promoting this company, were in fact true because it'll have to find a way to operate under its own steam!
As an FYI- I was in conf call last week regarding another public co (fully reporting) and they were talking about funding from the JSJ, Asher's of the world and apparently the SEC has got wind that some funds (won't name them) have been using overseas accounts to "illegally" short stocks here. They were saying the SEC had informed them that they were starting to crack down on these funds doing these Conv Notes to Pink Sheets. Why do I say "illegally"? Because these same funds are the same funders (thru the Convertible Notes which I've covered at length) financing companies like BBDA. Remember that being a pink sheet co, BBDA can only issue restricted shares that are not eligible to be register for ONE year (Fully Reporting its 6 Months). These funds are not waiting but instead are using overseas accounts to illegally short these stocks. They do this because the Company (BBDA) keeps "rolling over" these Convertible Notes (meaning that they keep issuing notes to people like JSJ EVERY month to tune of $130K-$180K!! That my friends is why there are 9.8 BILLION Authorized shares and 4.2 BILLION Shares issued already...and this is AFTER the last Reverse Split! Wow!
Well that says it all doesn't it? Without audited financials there is absolutely NO WAY to confirm "retention" of accounts which is THE MOST important part of any beverage brand! BBDA can spend eternity announcing "NEW" product placements since there are literally more than a million potential retail locations (in the US alone). With audited financials we would know exactly how much they've sold into Walmart and what the reorder rate has been. As a FULLY Reporting company they would have to disclose how many Walmarts they're actually in as well as which distributors (they've announced in the past) have discontinued their products!
Are these stores that are "no longer" carrying KU??
Old News? Maybe (last week that they released their filing). Important News to know before putting your hard earned money into this...."priceless"!
Yes, you're right my apologies....I was off by 5 million shares out of a total of 447 Million! I should watch my typing next time. And I'm glad we agree that it's important for the retail investment community to know that BBDA issued 447 MILLION Shares to JSJ (in a month no less) for what amounted to $177K which gave JSJ a dollar cost average of ONLY $0.00039 per share. So no one can blame JSJ for wanting to sell them their shares right here right now at
$.0025, I mean $0.0024, make that $0.0023. Well, you get the picture!
Now you're just playing with us... right? You're kidding- correct?
Page 4 in Section 4 Issuance History under subheading C "The number of shares offered:" 447,784,000 JSJ Investments and subheading D "The price at which the shares were offered... $177,000". My math tells me a dollar cost average (to JSJ Inv) of $0.000395! Boy was I close: I said $0.0004!
Source:
http://www.otcmarkets.com/financialReportViewer?symbol=BBDA&id=116613
All you need to do is go back to June of last year (2nd week of Jun '13) and see that spike and read the PRs back then, Compare the total authorized shares back then to today. You'll see a pattern...safe yourself money and grief and protect yourself against this puppy!
Read my previous post on the play by play action of those 442 Million Shares to JSJ!!
Is that $11 before or after commissions?
Ouch...what just happened (LOL)? I guess "someone" had to dump 10 Million Shares all at once! Must be nice to have gotten 424 Million Shares in less than a month for an avg price of $0.0004!That would have cost me a mere $180,000. Spend another $120,000 or so to spike it up on coordinated PRs bringing my dollar cost avg to about $0.00067 and now selling it down with an average net gain of $0.00153 on 450 MILLION shares....That's a $688,500 return in less than a month! Gotta love those guys over at JSJ! Believe me they thank you all very much! For those of you who know how the game is played- you'll know exactly the play by play I just described! How did BBDA get for all this work? About $180,000 (less with the interest discounts). How much of that was used for the Daytona Race weekend? O Mag? Radio? Who knows?
That's because the market maker has set his offer to only show 10k but can technically have orders to sell millions. It's a way to not show their full hand...it's a feature all ECNs have had since the early 90's (I use to be a MM from 97- '01).
If this puppy can trade back up to $0.02 on at least 300 to 400 Million Shares traded...that would be a bullish signal!!
There needs to be a slow migration up towards $0.02....enough with dropping the bid below a penny Everytime a sell order comes in!! Start marching this up slowly to $0.02 already!!!
Here comes the liquidator! Must be nice selling worthless paper for cash these days!
Must be nice being JSJ Investments these days...right?
Again...misquoting what I said. Repeat: Every time the stock has a brief spike it gives the Toxic Funders the ability to dump their shares (which they obtained thru converting their Notes at much lower prices)!
Don't misquote me...I said, "Increased the total Authorized Shares" in order to be able to get "Toxic Financing"....I'm not here to do other people's DD. Proof? Look at the hundreds of millions of shares being issued EVERY QTR to third parties-it's in their own financials:
http://www.otcmarkets.com/financialReportViewer?symbol=BBDA&id=116613
BTW- In every run up... the MORE the number of shares will be issued (converted) and dumped on the market place.
Then that's the ONLY similarity between these two companies...LOL!
Ok, I'm back...sorry but I had to take care some other "real" biz. I'm really surprised by all the reactions lately. See my post back on January 13th, 2014 and notice that this is simply a repeat of what happened to BBDA back in the middle of June of last year! The ONLY difference this time is that the Spike was a bit more this time (in % terms) since it was from a lower base and the volume was a lot more from the massive dilution since then. Anyone can just go back to that "spike" (that faded) last June and read all the PRs back then see the exact same thing.
My Post from 01/13/14
Yes, true but you can never disregard "greed"! Since the Note Holders that are converting know that they're the only ones who are really applying the pressure - they then "spike" it right after they convert in order to sucker more people (i.e. for more liquidity- game is worthless without liquidity, regardless of pps). In the case of BBDA it's easier to unload your 500 Million plus shares after spiking it to $0.001 (up from $0.0007 with your cost avg of $0.00035 from the discounted conversion). It might "cost" them the buying of 50M shares or so, after they're done converting, to juice it back to $0.001 but that's peanuts compared to what they'll make selling it from $0.001 back down to $0.0006 or lower. Remember that they're already net short coming into the conversion (which is suppose to be illegal but done nonetheless). The remainder of the shares are the shares converted but not yet "covered" (this now makes them "net long" after being net short before converting) from sells that took it down to begin with. The reason this sad puppy always seems to go lower after each subsequent "spike" is because the company keeps going back to the well for more $$ (i.e. funding- sic) and so the process just repeats itself at lower prices!
It's been somewhat quiet yet it seems to be holding the $0.01 mark. I think this is the longest it's held up here...I'm thinking quiet accumulation going on but that's just my opinion!
Wow! Great volume and holding a penny!! Nice to see...
Bought some in the 03s and sold from 06 down to 04...nothing to right home about but if their next quarter #s don't show at least $250K in revenues, for the qtr, with minimum losses then this puppy is dead money and I was right to sell out the position!
Hiring 5 more people only means more expenses which ultimately means more losses that have to be supported by more shares being sold at a discount which means more dilution coming your way! That's why I sold in the $0.04s...I have NO doubts about where this is going: $0.009-$0.005!! Sorry but just calling it the way I see it!
A lot times they pull the products if it doesn't turn over that well and unfortunately no one notices...
I see "Sub Penny" coming to a near future near you! Very little revenues to justify even being here at $0.04.....I'm out!! GLTA!
You see BW thinks that the public is that dumb that they won't figure out bogus PRs about these Dist Agreements with "recently created" distributors with no history or major details about their distribution channels. To fully understand this all you need to do is look how "other" legitimate Beverage Companies operate and announce their distribution Agreements:
Pulse Bev
http://www.marketwatch.com/story/pulse-beverage-signs-agreements-with-foodtown-and-united-grocers-2013-11-15?siteid=bigcharts&dist=bigcharts
Reeds
http://www.marketwatch.com/story/reeds-inc-announces-new-distribution-partnership-in-ohio-and-kentucky-2014-02-18?siteid=bigcharts&dist=bigcharts
Heck, just go back a couple of years and see BBDA's earlier announcements of Distribution Agreements with reputable beverage distributors in different states. What happened to them? Simple: most never really gained the traction they were promised by BW and so most dropped them. Remember Oak Beverage, SKI Beer (NYC), etc...what happened? They flopped so they instead had to set up their "own" distribution when they "created" BeBevCo NYC (see their FB). Look at the recent trend...most of the PRs announcing their Distribution Agreements are with no name (recent start ups). All in order to help their "Funding" Sources sell their Convertible Notes. I FINALLY figured out their game and it all makes sense now! Why the increase of A/S to 9.8 BILLION, why they put out there the need for $5 Million in New Funding (5-6 Billion shares at $0.0008 to $0.001 = ?), why they created a "new" company overseas (Euro Co), Why they gave you the hint of closing down BBDA, and why the stock hasn't been able to budge on such huge volume spikes in the past month? All these will be answered tomorrow and I'll explain, in great detail, EXACTLY what they're they're up to-so stay tuned....Same BBDA Time, Same BBDA Channel!!
"Shake the tree" as they use to say on the desk...LOL!
Give it time....the SEC just got started and don't think that the 255 stocks they halted is all they're going after!
Did anyone read or notice this article today? I think it's going affect a lot companies like APRU:
The SEC is putting a halt to 255 OTC Companies' stocks with more on the way!
http://www.latimes.com/business/money/la-fi-mo-in-massive-trading-suspension-sec-hopes-to-prevent-penny-stock-frauds-20140203,0,6754904.story#axzz2tahwg6XP
Now with your beautiful explanation' of the "Diversity" of these neighborhoods' please go on and tell everyone the Logic of using "NASCAR" marketing and how many of these "ethnic and diverse" groups actually follow NASCAR? You see (or maybe you can't) this whole BBDA scheme was nothing more than a vehicle (no pun intended) to allow BW to support "his" personal hobby! Consider that it will NEVER matter if Koma Unwind becomes a huge success or not because, as some have been warning, BBDA shareholders DO NOT "own" it (i.e. the brand)!!! It is in "private" hands of which BW and DR own it! BBDA only markets and sells it like any other distributor. Have any of you asked BW or demanded, in a shareholders' meeting, to have BBDA own the brand Koma Unwind or have him and DR sell it to BBDA outright??? This is where many will have a case against BW because if most of you longs bought in thinking you owned the brand when in fact you don't then at the very least the company (BBDA) should ALWAYS put a disclaimer in ALL their PRs that BBDA, "is ONLY the marketer and distributor of Koma Unwind and NOT the owner of the brand". BW "stumbled" upon Koma after their other brands like Potencia, Piranha Water, etc...never took hold. But ONE thing was constant and that was the Nascar thing. Do you remember the Potencia Nascar sponsorships? That drink was targeted towards the Hispanic market...did anyone bother to ask, "what % of Nascar followers are Hispanics?". Made no sense then and makes no sense today (Nascar= High Speed, Energy, adrenaline,etc...and Koma Unwind helps you "sleep"???)! Now we get to the last point of the day (one post a day only), for all of you who have been following DEWM, keep this in mind: Even though their signature product currently sells less than Koma, there is ONE big difference between these two companies. DEWM's financials ARE audited and so their numbers are VERIFIABLE!! And in regards to trying to play off DEWM's playbook of using MMJ as a P&D scheme keep this in mind- BW shot himself in the foot (more like BBDA shareholders) when "HE" decided to make NASCAR the signature piece of the marketing strategy because WHO in their right mind would associate MMJ and high speed race car driving? Makes less sense than "Relaxation drinks and driving"! Do you think Nascar will take kindly to being associated with a company promoting some scheme of using MMJ in their products? I think most of you have come to the same logical conclusion that BBDA will NEVER amount to anything significant so long as BW is the CEO and/or has any major role in the company! Please sticky this in case its deleted...
We got to see this run to the $0.02 range on some kind of news of "financial results"! If they can show (or report) some "real revenue" numbers then there would be NO REASON for this to be in penny land much or less below a penny!!!
You nailed it the first time...There will be NO "exchange" in the sense that many (unfortunately for them- wrong) have stated. IF...again IF there is EVER any new company (NewCo) that in essence, takes over the "operations" of BBDA (i.e. acquire the "assets" to market and distribute a "PRIVATE BRAND" [Koma UnWind] owned by two individuals, only, and NOT by the "current shareholders" of BBDA)...BBDA will announce that the current shareholders (the few remaining when this hits $0.0001 with 9 BILLION SHARES ISSUED & OUTSTANDING) will have a "right to purchase" the shares of the NewCo at a "discount to the market" of whatever price it eventually begins trading. Yes, that technically is like a "Subscription Right" or a Warrant but unlike a warrant it's not in the same company you're invested in but in a whole new public co (scheme) that "might be" on the OTCBB (sic- "uplist"). Whether all this passes muster- who knows? At the moment they will most likely "try" to pull off something like this- once this goes down to $0.0001 and they can not (or may not want to) do ANOTHER reverse split! Most will wonder why not simply do another R/S? Simple: they've burnt every bridge possible and there's only so many players that will continue to "loan" BBDA funds (in the form of the Convertible Debt [Death] Notes) at these levels with lower and lower volumes. Remember...the company is probably burning through $100,000 to $150,000, or more, in cash- a month!! That's over a $1Million Dollars each year they have to come up with to keep the company going. Do the math...it's getting harder and harder for them to get the funding (even through the Toxic venues they've been using) they "think" they need just to keep the lights going. The Whole "Up listing", "new" Exchange, "different company", NewCo, etc...is ALL a Smoke Screen in order for them to continue the charade to lure a whole new crop of "newbies" under a different symbol, name, etc....The rest is just conversation.
You could always sell them and buy cheaper....?
That Does IT...I'm selling LOL (sarc)!! I think he meant to say that they needed newbies to be suckered in for the "Long Haul"!!!
Can anyone confirm if APRU has 2 BILLION or 20 BILLIONS O/S???
I want to see their next quarter's revenues...to decide if I want to add more to my position. I'm in the profit now so we'll see....