Bebida Beverage Company (BBDA)

[kidnova]

No, that's not correct. The transfer agent knows exactly how many shares are issued and outstanding at any given time.

http://www.sec.gov/answers/transferagent.htm

Transfer agents keep records of who owns a company’s stocks and bonds and how those stocks and bonds are held—whether by the owner in certificate form, by the company in book-entry form, or by the investor’s brokerage firm in street name. They also keep records of how many shares or bonds each investor owns.