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Saturday, October 13, 2012 12:26:06 PM
the decision has been made to set the share cap at 9.5 billion shares. This cap will accomplish several things at once. It will tell the shareholders that we stand behind our investors not to have an unlimited share mentality as being a cash printing press.
"Trying to avoid reverse splits by any means possible and staying true to our goals of category dominance over the next 6 months is our primary focus, as the receivables increase we will start a systematic share buyback as the months go on," added Brian Weber.
2/1/2010 - BeBevCo and Koma Unwind Partner With First Coca-Cola Distributor
another tenured distributor has been added to the rapidly expanding network of BeBevCo partners. Binks Beverages, founded in 1903, is located in Escanaba, MI.
"We have made some headway with several AB (Anheuser-Busch) houses, and been in works with some other major industry brand names, but this is our first official deal with a Coca-Cola franchise and distributor," stated CEO Brian Weber.
"We are excited about working with Bink's Beverages, officially our first Coca-Cola distributor, and are pleased to know that with 4 counties under their umbrella, we can look forward to increased sales numbers and shareholder value," added CFO Daisy Ramirez.
2/8/2010 - BeBevCo & Koma Unwind Lock Down Uppy's Distribution Outlet
Novelties Express, a division of M.R. Williams. M.R. Williams, Inc. is one of the fastest growing convenient stores suppliers on the east coast and services over 1,000 retailers with over 10,000 SKUs. The new relationship with M.R. Williams has developed into a distribution arrangement with one of their larger Virginia based clients, Uppy's Convenience Stores.
"This is one of several new distribution outlets that we have secured, or are on the verge of securing, and we will be announcing the remainder in the following week. BeBevCo is really starting to take shape as a relaxation category leader, and we feel very confident that our shareholder value will reflect this in the near future," added Brian.
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