Replies to post #209973 on Bebida Beverage Company (BBDA)

[Whiplash_Investor]

There were a couple of crucial incorrect assumptions with the spreadsheet.

What were they?

My statement is BBDA dilution continues. Dilution is dilution. Stating that dilution is slowing down is a specious argument.

OK, let's look at the 2012 numbers, shall we? Qtr 1, 2012 - 846M issued. Qtr 2, 2012 - 750M issued. Qtr 3, 2012 - 51M. Qtr 4, 2012 - 0 issued. What exactly do you call a change from the beginning to the end of 2012? Numbers don't lie...Dilution dropped substantially.

I have my proof, a phone call to the T/A and being told the BBDA O/S had increased by 63,000,000 shares.

o now prove it to everyone else. Now, even if we assume your info is accurate, 63M is almost nothing compared to 846M in the same qtr last year.

Obviously, you don't put much credence in the financials provided by BeBevCo. So, there really is no proof for your statement.

Not accurate. I believe they are reasonably accurate on revenues and wholly accurate on shares issued (TA has verified), but they do have some math errors. So far, though, every math error, once corrected, has improved the profit, thus the fins with errors are likely conservative.