Bebida Beverage Company (BBDA)

[gumbie05]

And here was my post from 1/13/14...re posting to show that it played exactly to a tee.

Yes, true but you can never disregard "greed"! Since the Note Holders that are converting know that they're the only ones who are really applying the pressure - they then "spike" it right after they convert in order to sucker more people (i.e. for more liquidity- game is worthless without liquidity, regardless of pps). In the case of BBDA it's easier to unload your 500 Million plus shares after spiking it to $0.001 (up from $0.0007 with your cost avg of $0.00035 from the discounted conversion). It might "cost" them the buying of 50M shares or so, after they're done converting, to juice it back to $0.001 but that's peanuts compared to what they'll make selling it from $0.001 back down to $0.0006 or lower. Remember that they're already net short coming into the conversion (which is suppose to be illegal but done nonetheless). The remainder of the shares are the shares converted but not yet "covered" (this now makes them "net long" after being net short before converting) from sells that took it down to begin with. The reason this sad puppy always seems to go lower after each subsequent "spike" is because the company keeps going back to the well for more $$ (i.e. funding- sic) and so the process just repeats itself at lower prices!