Bebida Beverage Company (BBDA)

[SKIPPERANDGILLIGAN]

Let me refresh your memory.

MOORESVILLE, NC, Dec. 17, 2009 (Marketwire) --

MOORESVILLE, NC -- (Marketwire) -- 12/17/09 -- Today BeBevCo (Bebida Beverage Company) (PINKSHEETS: BBDA) has announced that in early January it will release the existing gag on the transfer agent that handles the distribution of BeBevCo shares. In an effort to be more transparent to shareholders, this will provide them the ability to see day-to-day where BeBevCo is. Upon doing this there is no immediate plan to install a share cap on the company shares or a reverse split.

"Because there are so many deals in the works currently around the country and internationally, we feel it is essential to keep the share structure as fluid as we can at this time. The sole purpose for this is that it is not inconceivable that during January and February our sales and distribution could grow exponentially, when that happens there will be a situation where raising capital to meet product demands and brand building support is critical to increase overall sales numbers. When the end of Q-1 draws near and the revenues are received, BeBevCo will then start an equal to or greater stock buyback and retire shares," said CEO Brian Weber. "It is absolutely not our intention to run our share structure to the abyss and do a reverse split. However because of the quantity of authorized shares that existed prior to our takeover of BeBevCo, it has created a fine line to balance in moving this company forward. Therefore we will absolutely not handcuff this company and all the efforts of its dedicated staff and management to become the leaders in the Relaxation beverage Category."