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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bebida Beverage Company (CE) | USOTC:BBDA | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
From May 2019 to May 2024
STATESVILLE, N.C., Dec. 18, 2014 /PRNewswire/ -- Bebida Beverage Company (OTC: BBDA), (BeBevCo), a developer, manufacturer and marketer of relaxation and energy drinks and shots announced today that its board has approved and submitted the requisite paperwork to FINRA to effectuate a 100-1 reverse stock split.
In light of the company's projected and steady growth, the reverse split is intended to enable the company to enter into agreements for acquisitions, financing and / or capitalization. The restructuring process will also assist the company to remove chill restrictions, as well as shed sub penny abusive trading habits of short stock investors.
"We continuously review our capital structure and I now believe that a stock split of this ratio is in the best short and long term interest of all of Bebida Beverage Company shareholders," said BeBevCo CEO Brian Weber. "A smaller number of proportionately more valuable shares will significantly enhance the companies profile and be more attractive for acquisition opportunities.
This decision is part of an overall long term initiative to send a clear message to the market that we are aggressively taking steps to end stock delusion and begin the tedious stock buy-back process."
Additionally, the company will in the coming week reduce the authorized share cap to 500,000,000 shares.
Finally, in the coming days, BeBevCo will make another public announcement soon regarding the company's first shareholder stock dividend.
Unite with KOMA Unwind for its "relaxation revolution" by joining us on Facebook (Facebook.com/KOMAUnwind) and following us on Twitter @KOMAUnwindNews.
For those consumers who cannot find KOMA Unwind and our other products locally, please visit our website and Amazon.com to place an order.
Shareholders, investors and potential new distributors are invited to be added to the corporate e-mail database for the future distribution of corporate press releases and industry updates by sending an e-mail to BeBevCoInvestors@gmail.com
About BeBevCo:
BeBevCo (Bebida Beverage Company) develops manufactures and markets liquid relaxation products including, KOMA Unwind® Liquid Relaxation®, KOMA Unwind® Sugar-free Liquid Relaxation®, and KOMA Unwind Liquid Relaxation Shots®, as well as POTENCIA Energy, POTENCIA BLAST Energy Shots and Relax 5 Shots.
KOMA Unwind® currently garnishes over 75 percent of brand awareness in the rapidly expanding relaxation drink category in the United States. Additionally, KOMA Unwind® has been featured in O Magazine, Bloomberg News, the Wall Street Journal, Women's Health and many other publications.
Corporate websites accessible at BeBevCo.com, Relaxfive.com and KOMAUnwind.com.
Contact: 704.660.0226 or info@bebevco.com.
Logo - http://photos.prnewswire.com/prnh/20130718/PH49528LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bebevco-announces-stock-restructuring-300011734.html
SOURCE BeBevCo
Copyright 2014 PR Newswire
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