Replies to post #234876 on Bebida Beverage Company (BBDA)

[Sputnik]

If you currently own BBDA you have been "plucked" (like a chicken) by Brian Weber. He is killing BBDA. It will be no more.

[WhiteFish]

In my opinion, you will lose money unless you sue.

[Greenback773]

It will be the second. But since you are not worried maybe you could tell me what % you will get of the new company? 30%? 20? 10? 5? 1%?

[John_Langston]

Will current share holders see their investment sort of roll over to the newer company?

Yes

they are being audited

Not at this time.

[elbiatcho1]

If the latter, then I'm not concerned at all. It would simply mean they are doing really well, they are being audited and they will be listed on the NYSE... to me that is good.

Note that the company no longer has an in-house accountant and has never submitted (during current CEO reign) a SEC financial report.

Impossible to get to any higher exchange without valid financial reporting.

[elbiatcho1]

If current share holders own BBDA, will their investment be lost 100% when the new company gets traded on the NYSE? Will current share holders see their investment sort of roll over to the newer company?

The company says that current shareholders are supposed to get 1.5x the VALUE of whatever their BBDA holding is at the time BBDA shuts down.

Thats all the public info. There are no official documents to state a minimum value (insurance that it doesn't go too low where shareholders end up losing money during the transition).

Anything can change and often does with this CEO, so take it for what its worth considering he doesn't report to the SEC.

[John_Langston]

You will lose money if you smell something "fishy" and you listen to the stench.