While BBDA's financial filings presentation and missing cash is discussed, I thought I'd compare BBDA with another relaxation beverage's financially and via SS.
Share structure (SS)
BBDA
9.8 billion a/s
3.9 billion o/s
another relaxation beverage's
2.5 billion a/s
1.6 billion o/s
BBDA has 2.9 times more a/s and 1.4 times more o/s than DEWM.
PPS as of this post:
BBDA $.0026
another relaxation beverage's $.0132
BBDA's pps is 5 times less than another relaxation beverage's. So far the SS is pointing to more room for BBDA's pps, because IMO BBDA's pps should be 2.9 times less than another relaxation beverage's based on SS. But the BBDA SS is so high!!!
Financials
another relaxation beverage's has audited financials with a QB status. BBDA had unaudited financials with a Pink Current status.
BBDA 12 months ended (calculated from 4 filings)
3/30/13
Assets $928k
Liabilities $167k
Equity $761k
Revenue $1.6m
Expense $1.1m
Net profit/(loss) $507k
Cash $212k
6/30/13
Assets $1.4m
Liabilities $269k
Equity $1.1m
Revenue $2.0m
Expense $1.7m
Net profit/(loss) $296k
Cash $268k
9/30/13
Assets $1.5m
Liabilities $351k
Equity $1.2m
Revenue $2.2m
Expense $2.1m
Net profit/(loss) $70k
Cash $103k
12/31/13
Assets $1.2m
Liabilities $614k
Equity $606k
Revenue $2.0m
Expense $2.0m
Net profit/(loss) $17k
Cash $124k
12/31/13 Totals
Assets $1.2m
Liabilities $614k
Equity $606k
Revenue $7.8m
Expense $6.9m
Net profit/(loss) $892k
Cash $124k
$1.4 million cash missing per WhiteFish's calculations as of 2013 end. I bet another relaxation beverage's wished it had the cash flow like BBDA to have this much possibly missing to account for in their financials IMO.
another relaxation beverage's 9 months ended (9/30/13 10-Q)
Assets $108k
Liabilities $1.1m
Equity ($998k) with $4.5m APIC and ($6.3m)
Revenue $232k
Expense $1.7m
Net profit/(loss) ($1.5m)
Cash $12k
12/31/13 estimated times 3 divided by 4 (filing isn't made yet)
Assets $108k
Liabilities $1.1m
Equity ($988k)
Revenue $309k
Expense $2.3m
Net profit/(loss) ($2m)
Cash $16k
Financial compares
BBDA has 25.2 times more Revenue than another relaxation beverage's
BBDA has 3 times the Expense than another relaxation beverage's
BBDA is profitable and another relaxation beverage's is not.
BBDA has 11.2 times more Assets than another relaxation beverage's
BBDA has almost half the Debt than another relaxation beverage's
BBDA has positive Equity and another relaxation beverage's does not
All of these comparisons should be thrown out the window because BBDA's financials are unaudited? Filings are current per OTC Markets requirements.
BBDA 2013 OTCMarkets filings
another relaxation beverage's 2013 SEC filings
While we're looking at beverage company comparisons, let's look at A Energy Drink versus BBDA.
A Energy Drink used to be Hansen's Juices. Here's some company A Energy Drink history. A Energy Drink was its own company in the 1997 IPO, but prior to that Hansen's had declared bankruptcy in 1998 before reorganizing and having great spinoff companies like A Energy Drink.
Let's compare BBDA's recent 12/31/13 annual report with Hansen's 3/31/96 10-K at SEC filings (oldest I could find), which is prior toMonster's existence as it's own company:
BBDA 12/31/13 (unaudited):
Revenue $2 million
Net profit $17 thousand
Total Assets $1.2 million
Total Liabilities $613 thousand
Total Equity $607 thousand
Hansen Natural 3/31/96 (audited)
Revenue $7.4 million
Net profit $73 thousand
Total Assets $17.5 million (includes $11 million from intangible assets)
Total Liabilities $9.1 million
Total Equity $8.4 million
So BBDA's most recent profit of $18k looks mighty close to Hansen Natural's $73k, back when Hansen's pps was below $1. Hansen was in business since 1930 and by 1996 it had 10-17 times the assets and debt, 4 times the Revenue, and about 4 times the net profit than BBDA has today from being in business since 2008.
Hansen, and now A Energy Drink, have had there share of legal issues. From bankruptcy, corn syrup usage, to today's legal inquiry about psychedelic packaging concerns (do Google searches) Hansen and now Monster have had their issues as BBDA does today.
Personally, I try to remove emotion from my trading. BBDA has its ups and downs but my goal is to make a ROI of my traded shares. If I'm down 70% and see an opportunity to make the loss back at a later date then why not? I must have traded the stock for a reason to begin with.
If I invested in BBDA back in 2011 at $1.00 and it went to $.0007 then I'd chalk up the loss. I'd re-evaluate why I invested at a $1.00 in the first place, look at why it's at $.0007, and probably conclude from my new wealth of data that maybe the bottom is in. Maybe the unaudited financials were there at $1.00. Maybe the a/s was complained about back at that $1.00 pps. What has changed?
What has changed:
+ A new product is coming- Ice Cream.
Counter: I no likey this idea. The KU should get new flavors.
+ New distributors are on board to move the current products.
Counter: These distributers can't be verified. Even the prior distributors couldn't get the job of distributing done. The filings low about Revenue. KU sucks and doesn't sell.
+ New marketing mediums are being utilized.
Counter: Women shows are dumb. NASCAR fans don't care about relaxing after watching adrenaline producing excitement- they prefer beer to relax. O Magazine was about competitors also- all relaxation product sux.
+ Revenue has increased since 2011.
Counter. The 2013 Q4 showed a slight revenue decrease- pure sign KU isn't selling.
Hindsight indeed. Looking to the future is difficult when emotion clouds your mind from prior loss. Painfully slow pps declined that caused engagement deep within. I don't know what I'd do if I had those emotions. I'd probably miss the changing of the wind and not only have that big loss but also miss the opportunity due gains. Makes total sense trading with emotions. Where do I sign up
AI
