Continental Beverage Brands Corporation
CBBB
Other OTC0.20
USD
+0.00
- -
Continental Beverage Brands Corporation
CBBB
(Other OTC)
Recent
price
0.20
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Continental Beverage Brands Corporation (CBBB) operates as a shell company following its pivot from aviation brokerage and dormant beverage distribution activities through inactive subsidiaries Continental Beverage Inventory and Warehousing Ltd. and Continental Beverage Marketing and Promotion, Inc.; through its acquisition of Everything Produce Inc., it engages in fresh produce brokerage, sourcing fruits and vegetables from growers in Mexico, Colombia, Costa Rica, and other Central and South American countries for distribution into the USA and Canadian markets, alongside value-added processing of secondary produce into longer-shelf-life products such as concentrates, freeze-dried fruits under the Happy Child brand targeted at parents seeking additive-free snacks for children, and powders. Founded in 2008 as Hermes Jets, Inc. in Nevada and headquartered at 800-855 West Georgia St., Vancouver, BC V6C 3H1, Canada, the company serves brokers, buyers, sellers, and end consumers in the North American produce industry with a focus on cost-effective sourcing and product innovation. In late 2020, it completed a significant share-for-equity merger acquiring 100% of Everything Produce Inc. for 38,500,000 common shares alongside the cancellation of 49,000,000 related-party shares and issuance of 6,500,000 shares for debt settlement, appointing Nathan Nowak as President, COO, Secretary, Treasurer, and director while Andrew Gaudet retained CEO and director roles; more recently, the company has undergone a name change to Blue Chip Technologies Corp., a business transition from big data analytics in gaming and fintech to facial recognition technology solutions including acquisition of related intellectual property from Waqas Nakhwa, leadership changes with Waqas Nakhwa assuming roles as President, CEO, CFO, Treasurer, Secretary, and Chairman following Gurneet Kaur's resignation, a ticker shift from CBBB to CCTC, and a 1-for-450 reverse stock split effective October 14, 2024, amid ongoing quarterly filings reflecting minimal revenue, operating losses, and going concern uncertainties addressed through planned private equity financing.