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Re: DJ18 post# 266839

Monday, 08/25/2014 9:13:12 AM

Monday, August 25, 2014 9:13:12 AM

Post# of 289430
Many opinions have been shared about BBDA going to $.0001, then no Bid, and then a reverse split to do it all over again.

Some opinions:

- BBDA financials aren't audited. Accounting 101 application shows many errors.

- BBDA Revenues aren't increasing at a rate that lines up with the CEO's claim of product sake expansions

- BBDA financials don't have a properly formatted cash flow statement, and board accountants that have created a cash flow statement to assist the CEO show $644k or so missing cash from the last quarterly.

- The a/s has been ever increasing, and even the game if decreasing it only to increase it again was played. A reverse split has occurred despite CEO promises to not do so and even uplist to NYSE.

- The CEO has participated in many failed business and has been convicted of many offenses. Litigation is not a stranger to BW.

- The CEO holds branding and product patents in another company. Should BBDA fail only the BBDA shareholders lose.

- The CEO's passion for vehicle racing clouds his judgement for proper product marketing and expenditure. BW even crashed a race car and stated he was so relaxed from drinking his own KU...

- The flagship product, Koma Unwind, is in constant taste test mode where expired product is sampled or simply given away.

- Distributors added can't be verified or are so small that there is doubt of the distribution Chain's success.

- Walmart 90% sales of Koma Unwind was not achieved. Many wonder if there are more than 1-3 Walmarts even selling KU at this point.

- Most retailers that carry the flagship product KU are tiny and sell maybe 1-6 cans a week. That's being optimistic. The KU location locator is a fake as most locations contacted state KU isn't selling.

- The Cheech and Chong Nice Dreams ice cream was to be sold months ago and now appears to be in perpetual delay, as many other promised products such as Koma Kola and Koma Koffee have been.

The most stated opinion is BBDA is a share selling "scam."

All of these facts brings some traders to feel $.0002 or $.0004 is possible. No Bid in a few months.

Did I miss any?
Volume:
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Total Trades:
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  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y