Replies to post #166259 on Bebida Beverage Company (BBDA)

[Whiplash_Investor]

Cause he plans to one day be on the higher exchanges, so will need a minimum $4 PPS, $5 if he wants institutional support. If all he ever wanted to do was double the PPS, he could just start paying for audits. Bigger plans require a reduction in OS, so taking priority.

[Lucent]

If he ever wanted to buy all of the shares back and make BBDA a private company then wouldn't he want the price lower? Having audited financials that would drive the stock upwards would be counter-active to that. I'm not saying that's what's going to happen, just throwing that out there as a possible reason.

[potofgold]

Sounds good to me.

Or he could use some of that line of credit they have to do a buyback then give audited financials.

But at 50k a quarter I don't know how long BBDA could keep that up, even with a line of credit.