InvestorsHub Logo
Followers 82
Posts 4145
Boards Moderated 0
Alias Born 05/28/2012

Re: None

Monday, 06/18/2012 10:07:25 AM

Monday, June 18, 2012 10:07:25 AM

Post# of 289423
GREAT NEWS!!!

BeBevCo CEO Comments on End of Marketplace Capitalization
5 minutes ago - PR Newswire via Comtex

Bebida Beverage Company (OTC markets: BBDA) (BeBevCo), a developer, manufacturer and marketer of liquid relaxation products, announced today that CEO Brian Weber issued the following comments regarding the end of capitalization in the marketplace:

"We have worked on obtaining private investors to fund our Company's growth for the foreseeable future. To that end, we have now obtained a funding commitment of up to $4 million to facilitate the rapid growth of our KOMA UNWIND relaxation drink," said Brian Weber, CEO of Bebida Beverage Company.

"So, between this private financing, increasing revenues and profits at the organic level, we feel it is time to end marketplace capitalization through the sales of stock into the marketplace. Additionally, by the end of this year and into next year, we will begin to systematically buy back the stock in the marketplace and substantially reduce the amount of stock outstanding," Weber continued.

"Those long term and loyal investors that have been through the entire process with us deserve the increasing value of the stock that our growth as well as our buyback program will deliver. Nothing about this process over the last couple of years has been easy; but we stayed the course and our time has now come," Weber concluded.