Replies to post #217180 on Bebida Beverage Company (BBDA)

[Wormey]

How about expansion? How about marketing? There are 2 answers for you. Do you think growing a business is free....or cheap, for that matter.

[weathersmark]

According to the company's fiancial statements they've book $2.3 MILLION dollars in profit over the last 5 quarters, and yet they show less than $800K of assets on the balance sheet. Ask yourself...if the income statement is accurate then where has all of that money gone?

Payroll. Their office is absolutely stacked with employees right now.

[Whiplash_Investor]

According to the company's fiancial statements they've book $2.3 MILLION dollars in profit over the last 5 quarters, and yet they show less than $800K of assets on the balance sheet. Ask yourself...if the income statement is accurate then where has all of that money gone?

Marketing, COGS, and other overhead. Now many have said the fins aren't to be believed because they are unaudited. Yet the moment a negative can be drawn from the numbers, they are suddenly correct. So which is it?