Replies to post #272838 on Bebida Beverage Company (BBDA)

[gumbie05]

Hey Beau....in ref to your post I reposted a couple of my posts from January of 2014!!! He's a quick recap from Jan '14!

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!

[gumbie05]

Originally Posted on 01/12/14

For all those who don't know how these pinks (i.e like BBDA) get funded here is a quick play by play: They get "loans" in the form of Convertible Debt (Death) Notes that are converted into a dollar amount at a discount to market when they come due. Example: $100,000 Note due in 90 days is converted at a discount (usually 40-50% below the market "AT THE TIME of conversion). This of course includes the interest so in a $100K Note the company (BBDA) usually gets maybe $80-$85K but the face value is $100K because it includes the "earned discount". Once the "Funds" (Ashers, Continental, JS, etc...) have converted their debt they "pump" the stock since it was they who were the only ones really selling it down. The Co (BBDA) plays along the scheme by putting out worthless press releases (i.e. distribution this, placement that,etc). The stock has a run up for a few days and these "funds" sell their "cheap" paper to the dummies who bought into the pump! Look at the chart and see that this has been going on in BBDA for 2 plus YEARS!!!