Bebida Beverage Company (BBDA)

[traderjoe1973]

I have been thinking about it and have finally dumped my remaining position with this company and moving on to other companies (not penny stocks).

Brian promised buyback and audited financials and we are instead treated to more dilution. I don't fault him for this but think he had no choice because the product just isn't selling like he's hoped. This also explains that 20 for 20 deal and the lack of audited financials.

I was in a SC walmart last weekend in Lexington and did not see any KOMA unwind and have also found it missing from the one here in Concord. Also, 2 bp gas stations here in my hometown have both dropped it.


I just don't think the product is going anywhere because if it was it would not be disappearing from retailers.

Good luck to any of you still holding and hoping.