Bebida Beverage Company (BBDA)

[elbiatcho1]

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.

http://web.archive.org/web/20031009163735/http://www.brianweberracing.com/ownership%20agreement.htm

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.