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Varchild2008 (84.39)

Is BBDA.PK worth it? (Bebida Beverage)

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January 08, 2009 – Comments (10)

Boredom seduced me to buy BBDA.PK shares....

But, the fact that they are sponsoring an MMA competitor and I like to support anyone that supports MMA.....so..whatever... I'm out $80 to be a BEBIDA Beverage shareholder. 

Also, I never heard of a stock trading for less than .0001 a share...so...I am a moron about this but it's probably safe to think that at this level things are stable? more stable? 

Also...  buying some shares now means buying in ahead of the company's Energy Drink.  They plan to release that drink for production/distribution in Q1 2009.... So any day really...any week....

It's fun to speculate but a business like BEBIDA..bleeding expenses out the nose with no clue as to how its getting funded....I donno....Scottrade doesn't list any profit or earnings or fundamentals or financials...at all... So when speculating....spend LITTLE!

10 Comments – Post Your Own

#1) On January 08, 2009 at 4:12 PM, goldminingXpert (30.87) wrote:

You just threw $80 down the drain--which is okay--just don't think about the nice meal you could have bought with your SO had you not gambled on this, but whatever, we only live once, eh?

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#2) On January 08, 2009 at 4:26 PM, carcassgrinder (47.44) wrote:

now..now..it's not down the drain.  Some guy out there just got 80 bucks for his worthless shares. 

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#3) On January 08, 2009 at 4:28 PM, rebelcow (< 20) wrote:

What exactly did you buy it at?  Its at 2 hundreths of a penny now

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#4) On January 08, 2009 at 4:52 PM, Varchild2008 (84.39) wrote:

2 hundreths of a penny is what I bought it at.  So I got market price for the thing.  I probably should have shot for 1 hundreth of a penny and doubled my earnings immediately, but I never saw the asking price drop to that level in spite of the market price fluctuating.

BBDA is still an intriguing stock/company regardless.... I mean they do have a website and all...*shrug*

Funny thing is that I could own 1% of the entire stake of not just the outstanding shares but of all common stock (period) for exactly $2,800 at 2 hundreths of a penny.

Also take note the stock price did spike last year to .006 a share.  It may take ...oh.. I donno....10 years to see that again but when you only spent $80.... who cares...

Besides the commission fee I haven't lost any money on this company and I don't think I will for quite awhile.

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#5) On January 08, 2009 at 4:59 PM, Varchild2008 (84.39) wrote:

I feel I can get my money back should I want it back (minus the small maintenance fee) at any time between now and the end of Q1... (thus avoiding any *ahem* bad news should bad news strike after Q1).

My money is essentially locking up 320,000 worth of stock from anyone being able to sell it / short it or whatever...  That reduces the total outstanding share stake by a good, healthy, amount.

BBDA did reduce their outstanding share total back in October.

Regardless... To do the things BBDA has done in a few short months takes TRUCK LOADS of cash and somehow...somewhere.... the managers in Brazil have had the cash to market and push their Pirahna drink.....

I mean.. sponsorships + website + making the drinks + $5,000+ contest + etc..  All that adds up to a company with some kind of strange DOUGH to work with.

As long as that DOUGH hasn't dried up....I'll stick around.

BBDA can resupply themselves with some cash through press releases in hopes speculators (like me) buy their shares.

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#6) On January 08, 2009 at 5:03 PM, Varchild2008 (84.39) wrote:

I calculate 100% ownership of BBDA outstanding shares to be
1 million and 400 thousand dollars at .0002 a share.

That's some kind of cheap.

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#7) On January 08, 2009 at 5:03 PM, Tastylunch (29.97) wrote:

It's fun to speculate but a business like BEBIDA..bleeding expenses out the nose with no clue as to how its getting funded....I donno....Scottrade doesn't list any profit or earnings or fundamentals or financials...at all... So when speculating....spend LITTLE!

That's not speculation that's throwing money away small amounts or big.

Do you have any rationale for buying this? Do you have any TA, fundamental reasons for thinking it move higher? Have you read any of their SEC filings?

many fraud companies have websites, I would not view that as conclusive evidence of legitimacy.

a company trading at that low of a price must be viewed with suspicion. If their energy drink had any chance of coming to fruition do you really think the market would discount the stock that much?

Well I hope you get you money back and I hope for your sake you use a limit order when you sell it.

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#8) On January 08, 2009 at 7:11 PM, Varchild2008 (84.39) wrote:

I understand quite clearly about "fraud this" and "fraud that."

This company is 100% legit.

It's just like if I were to create a "Development Stage" OTC company and issue press releases everytime my company does something.  No different than that. 

I've studied this company for all of 2008 from when it was RNVO (renovo holdings) and now BBDA.

The stock price is actually 1 tick or so greater than it was before it spiked last year to .006.

There seemed to be a spike in share volume this week which pushed me to make the move.  Shares normally trade at volumes under 50 million and now they are above 50 million.

If volume picks up then that's a sign we are getting closer to energy drink day.

I view this beverage company as a start-up that suffered for years to try and get a product going and finally has a couple products released in 2008.

Now that they have something going....some products....Why not take a stab?  I mean.. my other investments have already made this $80 stab worth the bother.

I do not recommend anyone go out and buy shares of anything for any money.  I fully recommend that if you want to take a risk on something... You do so expecting to lose it all and thus do so with a really...really...tiny $ amount.

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#9) On January 08, 2009 at 7:19 PM, Varchild2008 (84.39) wrote:

Another thing is that even with some penny stocks whose businesses have for 2 years improved and been profitable businesses.... even with companys that show no signs of anything wrong...

I've seen investors absurdly trash stocks down to P/Es of less than 1... (MTL) for example...

I've seen it all....

Share price is always meaningless to me.

I never pay attention to share price other than the P/E ratio and Tangible Book Value./ Cash Flow.

What I like best is speculating and I speculate that BEBIDA has a chance.

Of course... I got my butt kicked speculating on CCBEF.OB (clearly canandian).  I dumped my shares on that speculation for a massive loss.  

Problem with speculation is having to deal with share dillution and other nasty things....   But... such is life...

We only get to live ONCE and while I live my life ONCE... I'll live it with some risk taking. 

Maybe BEBIDA's products land a deal with one of these companys which allows them to package their product with a "known entity" that is selling reasonably well on the market.

If they do so.... then we are looking at a real good thing going there with that.  Regardless of the product...it sells just cause the thing its packaged with sells.

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#10) On February 05, 2009 at 2:14 PM, Mary953 (37.48) wrote:

I know friends that go to casinos and say "I am taking $200 to gamble."  When it is gone, they shop, watch shows, do other things, but they view the $200 as the 'admission price' of the gambling just as they might view paying an admission price at a theme park or Broadway show.  If they win, that's just an added bonus.

It sounds like you are paying the "admission fee" for a box seat to watch the fun with this small company.  You will enjoy the show knowing that your monetary stake is limited to the fee you chose to pay, and if it turns out to be a blockbuster, that's an added bonus.

 

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