Monday, July 23, 2012

BBDA - Next Leg Higher Coming?

After making a move from $.0003 to almost $.004 BBDA has pulled back and consolidated.

 I think we are on the verge of seeing another big move higher for BBDA.  The stock withstood a strong sell off after hitting recent highs and has been trading in a tight range ever since.  Volume has been dwindling compared to the volume we saw at the start of this rally in early June.

The risk is also there for a decline back to prior levels.  I think that will happen at some point this year, but for now from a bullish perspective the chart look compelling.  With the company stating they are not diluting the stock further and additional buying pressure should send the stock past resistance at $.004.

BBDA issued news today July 23rd:

BeBevCo Adds More Distribution Partners in South Carolina in Wake of Announcement with Major Retailer

STATESVILLE, N.C., July 23, 2012 /PRNewswire via COMTEX/ -- Bebida Beverage Company (OTC markets: BBDA) (BeBevCo), a developer, manufacturer and marketer of liquid relaxation products, announced today that the following distribution partners have been added to the ever growing family of distributors for BeBevCo's liquid relaxation product, KOMA UNWIND.
BeBevCo adds Liquid Culture Distribution to service the 7 counties surrounding Charleston SC, General Wholesale, the Miller-Coors distributor located in Spartanburg SC will handle the 4 counties in the Spartanburg region. Also Yahnis Distribution, the Coors-Miller distributor will penetrate the Myrtle Beach area as well as northeast area of SC which includes 12 counties. Finally, several other areas are still filling which will result in full SC coverage for the worlds fast growing liquid relaxation product, KOMA UNWIND; the delectable, multi-berry tasting, lightly carbonated product which is relaxing and helping more consumers sleep better every day.
"Shortly, we will have all of South Carolina covered. Getting a major retailer has had a profound and very positive effect on our Company and our product distribution. We are now planning the expansion on all fronts for the surrounding states. For the time being, expect a steady stream of announcements regarding the exponentially increasing distribution of our products," said Brian Weber, CEO of Bebida Beverage Company. "The relaxation revolution is in full swing and we are at the top!" Weber concluded.
About BeBevCo
BeBevCo (Bebida Beverage Company) develops, manufactures and markets liquid relaxation products including KOMA Unwind "Liquid Relaxation" (TM), KOMA Unwind Sugar-free "Liquid Relaxation" (TM) and KOMA Unwind "Liquid Relaxation" Shot(TM) as well as Potencia Energy, Potencia "BLAST" energy shot, Relax 5 shots and Piranha Water.
Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.
Contact: (704) 660-0226 extension 5

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