Bebida Beverage Company (BBDA)

[gumbie05]

Hey Gladeshawk....you're absolutely right! It IS "naked" shorting...but you should have continued to finish the point! The question is "WHO" is naked shorting? Let me help you out by finishing the point you failed to conclude: The so called "Shorting" is by Small Equity Funds (JSJ, Asher, Magna, etc...) that have made "LOANS" to BBDA (thank you Mr. CEO) that convert at certain date(s) (usually 90 days or so) into a "defined amount of total dollars (i.e not shares)" which includes the money lent plus the interest! You see the funny thing is that there's no set "floor" on the amount of shares that have to be converted in order to repay the funds that were borrowed (i.e. you know for promising things like sports car racing and non related sponsorship events). To make matters even more interesting the said conversion(s) takes place at a "DISCOUNT" to the average trading price (usually the last avg 10 days price before conversion). If you had a loan due to you (i.e. Convertible Note) and could convert it to what ever amount of shares it would take to be repaid in full plus interest wouldn't you want to do it with the most amount of shares- at the lowest dollar cost average? You see it IS the very same funds that BBDA goes to for funding (again: NASCAR dreams of a CEO) that are "shorting" the stock and yes, technically naked, while their Notes come due to be "repaid" in shares (extremely discounted shares). Once they've converted they initially pause their "shorting" because they then become "net long" after their conversions and they then proceed to pump the stock and BBDA plays along (they have to keep their funding sources happy) by putting out worthless PRs. The process repeats itself every 8 to 10 weeks at lower prices because every cycle creates more and more dilutions! Anyone interested in knowing feel free to message me!