Bebida Beverage Company (BBDA)

[OlafKjelldsen]

A lot of pré R/S frustration,

People don't like being lied to and screwed out of their money by a dishonest CEO. Go figure.

combined with a (imo misplaced and unproven) disbelief in the Q10 financials.

Since the CEO has been proven to lie in the past, there's nothing misplaced about not trusting financials he won't even have audited. It's not up to people pointing out that Weber's not trustworthy to prove the financials are wrong, it's up to him to prove they're real.

I hear that since the Jennifer Lopez video, they have 4 new distributors and at least 5 small chains moving now about 300 more stores.

This company has a history of claiming new distribution and placement which turns out to be untrue. Without concrete proof, it is safe to assume this claim is also false.

Q1 financials are on their way.
They'll tell the story (and will of course again be met with the usual disbelief by 5 or 6 posters here smile)

If the financial statements are generated in-house and are unaudited, there is no legitimate reason to believe what they contain for numbers. The only story that will be told is the CEO's continuing refusal to back up his own statements with any sort of proof of their veracity.

If the past is any indicator, any interest in the stock generated by the financial statements will be met with massive dilution, as it has been in the past. Please note that the transfer agent is gagged - the only reason being that the CEO does not wish to have shareholders know what's happening with the share count. There's no legitimate reason otherwise.