STATESVILLE, N.C., Aug. 9, 2011 /PRNewswire/ -- Bebida Beverage
Company (OTCmarkets: BBDA) (BeBevCo), a developer, manufacturer and
marketer of relaxation and energy drinks, announced today that the
Company has filed their latest quarterly report and net profit for
BeBevCo increased 84% to $461,000.
This also represents a substantial increase over all of 2010
whereby net profit came in at $232,351. Q2 profits alone represent an increase
of 99 percent over the entire previous year.
Additionally, revenues for BeBevCo are well ahead of the 2010
pace with nearly $1.1 million in
revenues so far this year with $1.4
million in all of 2010. The merging of Potencia Products
into the BeBevCo portfolio have also contributed to these
gains.
"Obviously we are pleased with our growth but the second quarter
was just about over when the lid came off of our business. With all
the new partnerships and distributorships, we expect Q3 to be
substantially ahead of the pace for the first two quarters of this
year," said Brian Weber, CEO of
BeBevCo. "I think the fact that we are profitable and growing at a
substantial pace is something that few seem to be aware of. People
assume that because we are a micro cap company that we are rolling
in debt and misery and that simply is not the case with us," Weber
continued.
"As the nation the world continue to go through a period of
increased stress and anxiety over so many issues, quite frankly
these conditions sadly are the energy behind the rapid expansion of
our Relaxation drinks," explained Weber.
About BeBevCo
BeBevCo (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.
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Contact:
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Jeffrey Staller
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Heritage Corporate
Services
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704-660-0226
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extension 5
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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.
SOURCE Bebida Beverage Company