Bebida Beverage Company (BBDA)

[kidnova]

Oh, these make perfect sense. Let's see...

The shareholders equity section is a total mess, as usual.

Apparently Cost of Sales is a revenue stream, as according to the income statement you add them to Gross Income to come up with Gross Margin. LOL. I guaranty his Gross Income number includes the $300+ raised through dilution during the quarter.

Also according to these the OS was over 346 million as of June 30. It's late, so my memory may be fuzzy, but wasn't the filing to increase the AS to 500 million done AFTER that date? So, at some point he had more shares outstanding than were authorized? Suprise, surprise.

He really didn't even bother trying to pretend to know what a statement of cash flows was this time.

Yes, I'm sure these were prepared by somebody with years and years of accounting experience. Somebody who should never be allowed to touch a calculator again.