Bebida Beverage Company (BBDA)

[gumbie05]

The filings will only show the shares issued to "settle the loans" at the time of filing....not the Convertible Notes issued post filing (about 6-8 weeks)...hence the higher the stock is when "conversion" takes place the lower amount of issued shares necessary to repay the loan (settle). The problem is that in each cycle there is more and more shares added to the float...hence the reason they call it "Death Spiral Notes". You'll keep noticing that in each subsequent filings the number of shares "issued" (to settle the Notes) keeps getting larger and inversely the dollar amount "loaned" to the company gets less. We are NEVER investors in these transactions (unless you count the days/weeks it takes to unload our shares)! I hope this Helped!

- JSJ Trading