Bebida Beverage Company (BBDA)

[OlafKjelldsen]

All the info I have about this company and stock is or was publicly available. I claim no special knowledge, only that I have paid close attention for a long time and have a good memory (plus a lot of accumulated notes, links, pictures, etc.) I also form opinions of my own based on how that info fits together over time.

Are you talking about the 1B+ shares given to Hochstedler for the personal debt or all the shares issued directly before the declaration of an end to marketplace capitalization via share sales?

For the debt shares, here is the relevant part of the transcript of a deposition by Hochstedler:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55346837

As far as the statement about already issued shares, I have no specific "proof" I can direct you towards, it is, as it says in that post something that "seems to me" to not be inconsistent. That's an example of an observation based on knowledge of the past. This statement:

the CEO once again violating the trust of and willfully hurting BBDA shareholders for his personal benefit

makes reference to the Hochstedler shares, among other things. Weber has never addressed those shares to this day, including not claiming that Hochstedler is not telling the truth. At no time during discussion of why the share structure was increasing was it mentioend that the CEO was paying off old, personal debts with shares, yet there were dozens of PRs about beverage company operations, many of which claimed growth as the reason for the rampant dilution.

while his privately owned products are being sold in Walmart and he trades already issued shares for inflated cash. The company's own annual report says they hold no licenses for the product they have been selling since 2009.

A private corporation owned by the CEO and COO of Bebevco holds the trademarks for all the products. The company openly acknowledges this and says BBDA owns a 30% minority equity stake in that company. Bebevco does not completely own Koma Unwind. They don't even claim to. Beyond a stated $1 a year paid to the CEO's company (DLR Associates) to license the trademark for Koma Unwind (and other products), absolutely nothing is known about any financial relationship between DLR and BBDA. Nothing.

The incredible number of shares issued directly before the declaration that market capitalization via share sales had ended have to have gone somewhere. The CEO said that his claimed $4M in private financing is not equity based, yet he recently said the company would trade equity for debt. I don't know if the shares issued before the declaration of cessation were traded for that debt, nobody knows, because the company doesn't file for material events like a legitimate, transparent company does. {b]IMO it is not inconsistent with previous misdirection by the company that the issued shares could have been sold during the period when market cap through share sales had apparently stopped, but it is jus an opinion. Whiplash has compiled some info that suggests it is illogical that it happened. Take it all into account and make your own judgement on what happened. IMO the large number of shares issued before the declaration may have been sold during the period of apparent stoppage. The CEo's recent statement that dilution will be done if necessary [b[appears to me to signal that dilution will resume, presumably because the large block of previously issued shares has run out.