Bebida Beverage Company (BBDA)

[kidnova]

Taxes would have been included in expenses and takend out prior to calculating Net Income. Look at my stickied post at the top of this page. If you discount the amount of money raised from the selling of shares, total assets have decreased by over $400K over the 5 reported quarters. That indicates that they have lost a significant amount of money from operations over that time period and is consitent with their need to dilute in Q1 and again this quarter. Something is stinky with BBDA.

Arghhh...no longer stickied, but here's the link.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88567557

12/31/2011 Total Assets = $844,054.65
3/31/2013 Total Assets = $928,107.05
Net Increase in Assets = $84,052.40
Cash from dilution 1/1/2012 - 3/31/2013 = $506,355.24
= Net Increase(Decrease) in Assets excluding sale of stock = $(422,302.84)

So, if you factor out cash raised via share issuance the company's operations have actually lost over $400K over those 5 quarters, and yet the income statement shows a net gain of $2.3 million over the same period. Where is the money?