Bebida Beverage Company (BBDA)

[ToldYaSo]

diddi, I agree--makes no sense. However, I even asked the lady I was speaking to at Madison if she could tell me when the A/S had been raised, but she said all she could tell me was the A/S and O/S.

My guess is that they sold shares to generate revenue to begin getting the European operations off the ground. They may have had to open the TA for a couple of days to allow verification by the authorities over there? Certainly just a guess!

The biggest thing that bothers me right now is that IR has not returned my phone call. I called the company a few times, and never got a person--just an answering machine with a directory of extensions. So finally I left a message at the IR extension....still waiting for a call.