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Wednesday, November 21, 2012 8:08:31 PM
This is confirmed by a FB posting exchange BW had with a gentleman named Pedro. He asked why the share dilution of 51M. Brian answered that the capitalization number was 2.4B shares and that the current number of 2.3 was still 100M under what Bebevco stated back in June. BW's plan, IMO, was to capitalize the company with 2.4B shares.
PS - I posted the exchanged here a couple of weeks ago, but here it is again.
Here is a FB reply from BBDA regarding the 51M shares. It puts things in a different perspective. Apparantely June message from Brian regarding the OS of 2.4 is viewed this way. They were expecting to use 2.4B for capitalization, but instead have only used 2.3B. So the 2.4B is what the company was planning to use for expansion and they have only used 2.3B to date.
Go BBDA!!!
Bebida Beverage Company (OTC markets: BBDA) (BeBevCo), a developer, manufacturer and marketer of liquid relaxation products, announced today that the Company will no longer need to raise capital in the marketplace. A significant announcement coming next week will be self-explanatory as to why the Company no longer needs capital raised via the sales of stock.
In a Live Video Conference held by CEO Brian Weber on 6 March, 2012, Mr. Weber explained the capital structure and how the marketplace capitalization would end in the late spring and early summer for BeBevCo. The Company is holding at 2.4 billion shares outstanding with 2.5 billion authorized. BeBevCo is expected to see substantial growth in revenues and profits for the rest of the year and into the foreseeable future.
about an hour ago · Like..
This is exactly what was said , Nothing has changed except the company has used less than expected to date!
about an hour ago · Like..
http://www.facebook.com/#!/BeBevCompany?fref=ts
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