Thursday, August 01, 2013 4:06:05 PM
“So, between this private financing, increasing revenues and profits at the organic level, we feel it is time to end marketplace capitalization through the sales of stock into the marketplace. Additionally, by the end of this year and into next year, we will begin to systematically buy back the stock in the marketplace and substantially reduce the amount of stock outstanding,” Weber continued. - See more at: http://bebevco.com/bebevco-ceo-comments-on-end-of-marketplace-capitalization/#sthash.ipB6Rsga.dpuf
http://www.investorpoint.com/news/BUYBACK1/46138315/
"Daisy and I have thought this through and we believe this is the best action we could take now to show our shareholders that we are serious and dedicated to build this company," said BeBevCo CEO Brian Weber. "We have had a very successful 2011 and we are expecting big things in 2012 in North and South America and with our expansion to Europe. With the money we expect to raise in Europe in addition to our revenues, we expect to start the process of retiring more stock and a soft stock buyback in early 2012," said Weber.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_XLYhMRTY4Q
Trying to avoid reverse splits by any means possible and staying true to our goals of category dominance over the next 6 months is our primary focus, as the receivables increase we will start a systematic share buyback as the months go on," added Brian Weber.
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