Bebida Beverage Company (BBDA)

[JennySmithy55]

Will make Net Profit with Cheech and Chong!

Bebida Beverage Company recently filed their annual report or the year ended December 31, 2013 which detailed $123,610 in cash, $512,100 in inventory and $407,007 in accounts receivable. To offset those liquid assets, BeBevCo had a total of $613,707 in liabilities making the health of their balance sheet a non-factor when assessing risk.

Net sales for the 12 months ended December 31, 2013 came in at just over $2 million with costs of those sales coming in around $742 thousand providing for a gross margin of approximately $1.125 million. Although total operating expenses ate up the gross margin from sales, creating a net loss of just over $17,000, the addition of the Cheech and Chong line of frozen products should immediately boost sales as soon as those products are in freezers around the legalized areas to sell cannabis related products.