Bebida Beverage Company (BBDA)

[OlafKjelldsen]

Or is it effort into selling stock to race?

Seen this? About ten years ago, Brian Weber was quite literally trying to sell stock in his race team. And look who was helping him...it's none other than his long time business associate, convicted penny stock scammer and Koma Unwind spokesmodel, Jared Hochstedler!

OWNERSHIP AGREEMENT
Owners of Shares agree to pay a yearly maintenance fee for the first five years for each Share purchased. This allows for Brian Weber & Associates to maintain the program, plan, commit resources and maximize our preparation for the future. (See Ownership Levels for Fees)

Shares of Brian Weber & Associates are transferable and resalable. Brian Weber & Associates will attempt to resale your share provided there are no available Shares in your Ownership Group. If Shares are available the Share Owner is solely responsible for the resale of their share.

Share owners that fail to pay their maintenance fee 30 days after the due date face forfeiture of their Share to Brian Weber & Associates.

Share owners may upgrade to the next level if an opening becomes available. Share owners must pay the difference between shares, the yearly maintenance fee and surrender their existing stock to Brian Weber & Associates.

Brian Weber & Associates will publish a “Team Operating Requirement” for each season. This will include the team goals for the season and the projected dollar amount of our budgeted expenses.

Directors, Executive Officers and Control Persons

Brian Weber Owner and Chief Executive Officer

Jared Hochstedler TBA

Mark Westrick Ownership Administrator & Marketing

Ownership Benefits & Levels

The following are the four levels of Ownership available. The initial cost and maintenance fees are listed after each. The maintenance fee is required to be paid for the first 5 years. Failure to pay the maintenance fee will result in forfeiture of the owner share.

Share Owners will see a return on their investment from a “Race Winnings Fund” (RWF). This return on investment is guaranteed and will work in the following manner, during the 2004 Season 3% of the total Race Winnings will be placed into the RWF. Each Share Owner will receive a dividend from this 3% at season end. During the 2005 season 4% of the total race winnings will be placed into the RWF and each Share Owner will receive a dividend from this 4% at season end. The percentage placed into the RWF will be increased to 5% in 2006 and remain at that level for each season thereafter.

At the Platinum Level, Pit Passes will be distributed based on seniority according to date of Share Purchase. Share Owners will be permitted to pick Pit Passes for the race of their choice using this method.

http://web.archive.org/web/20031009163735/http://www.brianweberracing.com/ownership%20agreement.htm


Bonus links:

http://www.istockanalyst.com/article/viewiStockNews/articleid/1963478

http://www.indianasnewscenter.com/news/local/Man-Charged-in-Money-Laundering-Scheme-to-Stand-Trial-159723365.html

http://www.sec.gov/litigation/litreleases/2011/lr21796.htm