Bebida Beverage Company (BBDA)

[SammyTheBull]

Most preferred shares have a conversion to common shares at some ratio. My guess is BW's going to use the preferred shares for acquisitions in order to justify raising tha Authorized again since they can't be converted with the authorized where it is today. Either that or he'll use it to justify a reverse split and make it look like he didn't go back on his word.