BeBevCo to Retire 38 Million Shares of Common Stock
"Daisy and I have thought this through and we believe this is the best action we could take now to show our shareholders that we are serious and dedicated to build this company," said BeBevCo CEO Brian Weber .
Nov 16 2011 --- Bebida Beverage Company a developer, manufacturer and marketer of relaxation and energy drinks announced that, CEO Brian Weber will retire 20 million shares of common stock that were issued as deferred compensation for 2009 and 2010. COO Daisy Ramirez will retire 18 million shares of common stock that were issued as deferred compensation in 2009 and 2010 as well.
"Daisy and I have thought this through and we believe this is the best action we could take now to show our shareholders that we are serious and dedicated to build this company," said BeBevCo CEO Brian Weber . "We have had a very successful 2011 and we are expecting big things in 2012 in North and South America and with our expansion to Europe . With the money we expect to raise in Europe in addition to our revenues, we expect to start the process of retiring more stock and a soft stock buyback in early 2012," said Weber.
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