As of this evening, the Wildcat COBOL Compiler for .NET is now able to compile the 99 Bottles of Beer program, although when executed, the PERFORM loop runs one extra time at the end producing the following output:

Two bottles of beer on the wall, two bottles of beer! Take one down, pass it around, one bottles of beer on the wall!

One bottles of beer on the wall, one bottles of beer! Take one down, pass it around, one bottle of beer on the wall!

One bottle of beer on the wall, one bottle of beer! Take that down, pass it around, no more bottles of beer on the wall!

I'll fix that later when I'm not so tired, and get the next build online.