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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.
Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.
The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.