Replies to post #218846 on Bebida Beverage Company (BBDA)

[Whiplash_Investor]

Why can't a company that isn't a scam and is making millions of dollars in net income hire an accountant, an auditor, and ungag their TA?

They can, but they've chosen not to...yet. I think it's a mistake as it will deter many fron buying in. But I don't run the company. He does, so his choice. Mine is to buy, sell, or hold.

That's all it would take to prove that their claimed success is real.

Agree and PPS would quickly double, but...see above.

For a company as simple as BBDA we're talking a max of $100K a year for both the accountant and the audit.

Yes...agree.

With $1.7 million a year in net income that's chump change and would go a LONG way towards increasing the PPS.

That number is substantially higher than previous years, so maybe he'll look into doing it.

They won't of course, because the company is a scam and the numbers are fabricated. BW isn't interested in creating shareholder value, he's interested in racing.

Could be, but I've got the time to wait and see which way it goes. When he audits, I'll look to buy in.