STATESVILLE, N.C., Jan. 22, 2015 /PRNewswire/ -- Bebida
Beverage Company (OTC: BBDA), (BeBevCo), a developer,
manufacturer and marketer of relaxation and energy products
announced today that The Depository Trust Company (DTC) has
determined to lift the Deposit Chill on the company's stock
effective January 21, 2015, and has resumed accepting deposits
of Bebida Beverage Company's common stock for depository and book
entry transfer services.
All deposit restrictions have been removed, and the company is
now once again fully "DTC Eligible", and has resumed electronic
trading of the company's common stock.
A DTC "Chill" is a restriction that requires shares to be traded
and cleared manually, using paper certificates instead of the
electronic system operated by the DTC. It was originally placed on
Bebida Beverage Company several years ago.
The removal of the chill means that shareholders who have
brokerage accounts with firms that do not allow transactions
involving non-DTC eligible issuance's will
once again be able to buy and sell Bebida Beverage Company
common stock through the electronic system that controls clearance
and settlement.
Subsequently, this should bring Bebida Beverage
Company additional liquidity, and save investors from paying
the extra fees some firms charge for non-DTC eligible stock
purchases. The company reasons that a much larger population of
potential investors, now being able to more easily buy Bebida
Beverage shares, should translate into liquidity and a larger
demand for common stock in the company, especially considering
all the recent developments and growth.
"The issue of the chill is one that has handcuffed BBDA and
limited trading of the stock for years," stated BeBevCo CEO
Brian Weber. "The company's legal
counsel and internal staff worked extremely hard to satisfy all of
the DTC's requirements and followed through with one of the several
objectives outlined in December and subsequent stock
restructuring."
According to Weber, the chill removal could not come at a better
time.
The company has many projects and new distribution partners on
the horizon for their flagship product, KOMA Unwind® Liquid
Relaxation® in the coming weeks. This also allows the
company to continue a dialogue with several industry investors, as
well as distribution networks that show interest in a buyout or
significant buy in.
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 The Oprah 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 Bebida Beverage Company