Replies to post #203523 on Bebida Beverage Company (BBDA)

[money6870]

To expensive to buyback

[Cisco_Tajuara]

Sorry to bust your bubble, but you are wrong in many many points. First, BW will never do a buyback because is just not feasible. Just to retire 100 million shares to reduce the OS from 2.3 to 2.2 billion shares the company needs $480,000 at this level. Now, I don't care how much Koma some people think BBDA is selling, but I hardly doubt that BW is going to spend that much money just to increase the share value and make some investors happy, and even if he spend that much money to retire 100 million shares, 2.2 billion shares still an awfully lot of shares. Audits on the other hand will give the company a legitimate status showing exactly where all the money is going. Is he actually doing all the selling through and for Bebevco? Is he using another LLC to move the money and just using BBDA as a share selling machine? An outside audit will clarify all this speculation and show exactly how much the company (BBDA) has grown. I found particularly strange that BW put emphasis in a buyback (he called discretionary buyback) when he know that is really really hard to do a buy back (see scenario above), but he is kind of making everyone forget about the audits. I just wonder why is that, just wonder, nothing personal against our supreme CEO Mr. Speed Racer.

[Whiplash_Investor]

Releasing a PR about audited financials will not grow the PPS. Growing the business and then buying back the shares will.

If folks believed the sales, he wouldn't need the audits. But you are correct that growing the business isparamount, but if you want PPS to grow, too...audits of fins will be required to get sideliners to invest.