Bebida Beverage Company (BBDA)

[OlafKjelldsen]

WILL he release the 10Q! Will he do it or not!

IIRC, he has a pretty good track record of coming through with reports after filing an extension, so my vote is yes.

On the other hand, there is almost always something wrong with what comes out and it gets deactiviated, to be followed by another filing, which is frequently also faulty for some reason.

At any rate, it's all just non-audited junk.

Here's something to think about:

http://wallstreetbranding.com/nearly-a-half-million-dollars-worth-of-koma-unwind/

Feb 2012, only a couple months before the Walmart deal materialized.

Here's a the PR where the CEO talks about all the unsold product sitting around from before the Walmart label revision:

http://bebevco.com/bebevco-obtains-placement-for-koma-unwind-in-b-thrifty-thrift-store-in-washington-dc-area/

Now, take the sales amounts from all the quarterly reports since mid 2012. How many millions of dollars of product were sold while this inventory was just sitting around? And where was it sold? Millions of dollars of product going out through 100 Walmarts? The 'revenue' isn't the retail sales price, it's what the company gets for the product. So they sold how many times more product than the 220,000 cans in that picture (which cost the company nearly half a million $ - cost is near $2 a can?!?) to get to the millions in income they are claiming? Where exactly was that all sold? In 78 Walmarts in South Carolina, some of which don't even currently have the product?

If they are making millions per quarter and they still have non-Walmart compliant inventory sitting around a year later, then all those sales must have come from Walmart - where they were just crowing about selling a case an hour. If not Walmart, then how is it there's 220K cans in a picture of the warehouse on Feb 2012, Walmart deal is made in Spring 2012 and there's still a large amount of unsold inventory in Spring 2013?

Sure would be nice to see audited financials to clear up this seeming inconsistency.