Brian Weber bought the Company back in April of 2009 and has done a great job to get it where it is today.
The share price has gone from about .0006 when he took over, through a 1000:1 reverse split 16 months ago to where it sits now at .0006. During the same period of time the number of shares has gone from 5.4 billion, through a 1000:1 reverse split to where they were most recently reported at 846 million. When you take out the mathematical sleight of hand from the reverse split 1000:1, that means it's gone from:
.0006 to .0000006 ( share price 1000x less )
5.4 Billion to 846 billion as of 12/31/2011 ( number of shares increased by more than 150X )
Don't forget the A/S which is now the pre-split equivalent of 1.5 Trillion shares.
Almost three years in, the company still refuses to provide a list of where to buy the products that have been pushing for almost three years. This despite hundreds of PRs about "distribution partnerships."
The future looks great for BBDA.
The past looks exactly and demonstrably like a dilution scam. They have been selling "the future" for three years while simultaneously selling the equivalent of hundreds of billions of shares.
BeBevCo had a good year last year and 2012 looks like it's even going to be a bigger year.
Bebevco is still using the excuse of 'funding increased production' for its incredible amounts of dilution, yet in past financial statements, all unaudited and prepared in-house, they have claimed close to $900K on hand. The financial statements are incompetently prepared and incomplete. Remember we are talking about a company who has added cost of sales to gross revenue and then PRed the resulting phony numbers and have never retracted them ( http://ih.advfn.com/p.php?pid=nmona&article=48760325 ). Never mind that they also declared $132K sale of shares as revenue on the same statement...
Brian Weber is one of the hardest working CEO's in the business. His hard work is paying off big time.
I'm glad I'm not on the receiving end of this 'payoff.'