SOURCE: Bebida Beverage Company

Bebida Beverage Company

April 26, 2011 10:05 ET

Bebida Beverage Company Furthers Transparency Efforts With Planned Migration to OTCQB

STATESVILLE, NC--(Marketwire - Apr 26, 2011) - Bebida Beverage Company (PINKSHEETS: BBDA) (BeBevCo) announced today that the Company is transitioning down the path to the well respected Over-the-Counter or 'Open, Transparent, and Connected' Marketplace (OTC Markets Group, Inc.), a place where broker-dealers decide securities to trade, typically based on investor demand, for companies not listed on a U.S. stock exchange. The Company is excited to inform investors that Bebida Beverage Company will be listed on the world's largest interdealer electronic quotation system: the OTCQB market tier and trading system. Bebida Beverage Company is working with their Securities Counsel McMullen Associates of Charlotte, NC in an effort to make the transformation as seamless as possible. The company's expectations are to complete this transition by the beginning of Q-3 this year. As a result, Bebida Beverage Company will no longer be quoted on the OTC Pink Sheets and will be quoted exclusively on the OTCQB quotation platform (http://www.otcmarkets.com) once the company is fully compliant with all SEC reporting requirements.

"Becoming fully reporting and current with our SEC filings and moving up the publicly trade stock tiers is one of the primary goals set forth by me and our COO Daisy Ramirez," stated Brian Weber, CEO of BeBevCo. "This transition demonstrates our commitment to shareholders while we provide the public with accurate and timely information about our company. Moving from the Pink Sheets to the OTCQB is expected to provide investors with faster quotations and greater trading transparency while also attracting new investors that limit their portfolio to fully-reporting companies," concluded Weber.

For more information about Potencia Energy Drink and Koma Unwind, please visit http://www.BeBevCo.com/. Follow us On Twitter: KOMAUNWINDnews

About BeBevCo
BeBevCo (Bebida Beverage Company) develops, manufactures and markets beverages including Koma Unwind "Chillaxation Drink™," Koma Unwind Sugar-free "Chillaxation Drink™," and Koma Unwind "Chillaxation Shot™" as well as Potencia Energy Drink, Potencia "BLAST" energy shot 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 Information

  • CONTACT:
    Heritage Corporate Services, Inc.
    Jeffrey Staller
    (704) 660-0226, ext 5.
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