BeBevCo to Retire 38 Million Shares of Common Stock

STATESVILLE, N.C., Nov. 15, 2011 /PRNewswire/ -- Bebida Beverage Company (OTCmarkets: BBDA) (BeBevCo) a developer, manufacturer and marketer of relaxation and energy drinks announced today 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.

For more on BeBevCo, see the three part video interview with CEO Brian Weber at WallStreetBranding.com.

About BeBevCo USA

BeBevCo USA (Bebida Beverage Company) develops, manufactures and markets beverages including relaxation drinks 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: 704-660-0226 ex 5
[email protected]

SOURCE Bebida Beverage Company

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