STATESVILLE, N.C.,
Dec. 22, 2014 /PRNewswire/ -- Bebida Beverage
Company (OTC: BBDAD), (BeBevCo), a developer,
manufacturer and marketer of relaxation and energy products is
pleased to announced today that the CEO has authorized and signed a
resolution approving a stock dividend to all stockholders of
record.
The exact timing and setting of the official record date will be
shortly announced, pending FINRA's final approval.
As a reward for their loyalty and patience, the CEO has approved
a Stock Dividend that will pay all shareholders of record a
5% stock dividend. This dividend will issue each shareholder
five (5) new Bebida Beverage Company shares for every 100 (shares)
held.
New share certificates will be mailed directly to all qualifying
shareholders of record by the Company's Transfer Agent within 30
days of the Record Date. The company recommends that all
stockholders contact their brokers to ensure their mailing
information is current so that there will not be any issues in the
delivery of the new stock certificates.
"I am extremely elated that we were able to give back to our
shareholders in this way," stated BeBevCo CEO Brian Weber.
"Being a leader means making very many tough decisions for the
health and growth of the company, both short and long term. This in
fact was not one of them. Our shareholders has been amazing over
the years.
"As we position to start our share buyback and entertain
tremendous opportunities from within the industry, I thought it to
be a fantastic way to say 'Thank You' and approve the first Stock
dividend in our company's history."
The dividend common shares will be "restricted" as defined in
the Securities Act of 1933. Rule 144 allows for the public resale
of restricted securities, only if certain holding period and other
conditions are satisfied. The start date for the holding period for
the dividend shares shall be the record date of the FINRA
approval.
Per FINRA requirements for market transparency, the company is
required to provide notice to and receive acceptance from FINRA
prior to the actual distribution of the dividend. Pending any
unforeseen delays from FINRA, the company plans to have the
aforementioned stock dividend paid and distributed within the next
several weeks. The payment of the dividend will not require an
increase in the total number of authorized shares of common stock
nor is there a need for an exchange of certificates.
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.
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SOURCE BeBevCo