Bebida Beverage Company (BBDA)

[JRT]

He lied again

Some consider it a lie. I chose to believe that the business model and economy changed after the statement was made. I don’t think BW even in his dreams ever thought the expansion of KOMA would be as fast as it is. I support his decision to post pone the buyback rather than do a buy back and borrow the money to expand. It is true the buyback would boost the share price, but so will growing the company without having creditor issues. I also believe based on the action today on the market that most shareholders agree with me.