Bebida Beverage Company (BBDA)

[trackman19]

This is true.

But, the catalyst for that move was when he stated that they are no longer selling shares to grow the business, but will rely on profit from sales and a $4 million line of credit. Additionally, the tease of having a stock buy back fueled speculation as well.

That is what the market initially reacted to.

Then the anticipation of being in Wal-mart moved the stock further.

Fast forward to now.

The selling of shares started again. Buy back is off the table for all intents and purposes. And the Walmart revenue has not panned out as much as many had hoped.