Replies to post #288568 on Bebida Beverage Company (BBDA)

[tdbowieknife]

19. On or about June 26, 2017, Weber sold his controlling share interest in Bebida (the “Bebida Control Block”) to Individual B for $8,000. (Exhibit J attached hereto).

20. The Commission staff has spoken several times to counsel for Individual B. Counsel for Individual B told the Commission staff that or about October 18, 2019, Individual B assigned the Bebida Control Block to another entity.

22. On March 7, 2019, Articles of Incorporation were filed for Bebida under a new Filing ID, identifying James McCallister as its President/Director and providing a telephone number for the company. (Exhibit K attached hereto)

23. The Commission staff called the number numerous times. The person who finally answered did not know anything about Bebida, did not know James McCallister, and said that the telephone number was for a different company.

24. For the three-month period prior to February 25, 2019, trading in Bebida stock averaged a daily trading volume of approximately 377,097 shares and an average closing price of $.0001 per share. (Trading Run attached hereto as Exhibit L)

25, and the average closing price of Bebida stock rose to almost 9 times its average over the three-month period prior to February 25, 2019. Id.

26. In March 2019, the domain name bebidabevco.com was registered. (Exhibit M attached hereto). As of today’s date, the webpage date still says that the page is “under construction” and simply refers viewers to the Company profile page on OTC Link’s website, OTCMarkets.com. https://www.bebidabevco.com/

https://drive.google.com/file/d/1o3wQImUrGpg_XDjmc200M8UGPJSjAmVQ/view


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[janice shell]

Good for the SEC. This is a step in the right direction, and one they often omit:

While Bebida is no longer an operating company and the Court has already entered final judgment against Weber, it is critical that the Court also enter relief against the corporate entity as the Commission is concerned that, without such relief, the entity will be used as a vehicle for additional fraudulent conduct. Notably, notwithstanding that Bebida no longer has operations, its stock has recently experienced several suspicious trading spikes in over the counter markets, which appear related to false information being disseminate online about the company. The relief sought based on Bebida's bad acts will help prevent further fraudulent conduct.

https://drive.google.com/file/d/1bLWl3v7W86mNoVAS2m2egRxPWYW1KOu-/view

[janice shell]

Do you happen to have Exhibit J? That's the one about Weber's sale of the BBDA shell to, presumably, Lance Quartieri.

[tdbowieknife]

Still waiting..

Full docket text:
ORDER re [15] Motion for Default Judgment -- The Clerk of Court having entered default, this matter is referred to Magistrate Judge Robert M. Levy to conduct an inquest, if necessary, as to damages and/or legal fees. So Ordered by Chief Judge Dora Lizette Irizarry on 1/6/2020. (Carosella, Christy)

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[tdbowieknife]

Default Judgement against Bebida Beverage Company has been granted and ordered by the Judge.

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