FBEC Worldwide Inc. Announces 50,000,000 Shares of Common Stock to be retired, immediately.
31 Marzo 2016 - 11:56AM
InvestorsHub NewsWire
CHEYENNE, WY -- Mar. 31, 2016 --
InvestorsHub NewsWire -- FBEC Worldwide, Inc. (FBEC), a
lifestyle brand company with a focus on hemp & CBD infused
consumer products, is pleased to announce 50,000,000 common shares
will be retired immediately.
FBEC has been informed by Midam Ventures LLC that
they will be retiring 50,000,000 shares back to the Company's
Treasury immediately.
Midam's managing partner Adam Heimann stated,
"Myself and the entire MIDAM team care deeply about the longevity
and success of FBEC Worldwide Inc. We know that success and
longevity is contingent upon many things. While we can’t do
everything,we can certainly do our part. We are retiring 50,000,000
shares of FBEC common stock in an effort to further improve its
capital structure. We believe in this company and will do
everything within our power to see it
succeed.”
CEO
Jason Spatafora said, "I got the call from Mr. Heimann this morning
and to say I was floored would be an understatement. It is such a
rarity to work with people & companies that truly believe and
support you & your company’s efforts. MIDAM Ventures & Adam
Heimann have shown such support.”
About FBEC Worldwide,
Inc.
FBEC Worldwide is a
lifestyle Brand Company with a focus on hemp
& CBD infused consumer
products,
both domestic and abroad. We are committed to increasing our market
size and scope through the optics of creative marketing and most
importantly customer satisfaction. Our growth strategies focus on a
number of major initiatives including, unique branding
opportunities that will be targeted at key demographic groups, and
to develop strong community and distributor
relationships.
FBEC Worldwide is currently developing and
building hemp & CBD infused consumer products, focused on
strong rates of growth within key fundamental consumer groups. Our
company is dedicated to becoming the lead developer of name brand
hemp & CBD infused consumer products.
Safe Harbor for Forward-Looking
Statements: This news release includes forward-looking
statements. While these statements are made to convey to the public
the company's progress, business opportunities and growth
prospects, readers are cautioned that such forward-looking
statements represent management's opinion. Whereas management
believes such representations to be true and accurate based on
information and data available to the company at this time, actual
results may differ materially from those described. The Company's
operations and business prospects are always subject to risk and
uncertainties. Important factors that may cause actual results to
differ are and will be set forth in the company's periodic filings
with the U.S. Securities and Exchange
Commission.
Investor Relations Contact:
Joe Sirianni
MIDAM Ventures LLC
(305) 707-7018
jsirianni@MidamIr.com
www.MIDAMIr.com
FBEC Worldwide (CE) (USOTC:FBEC)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
FBEC Worldwide (CE) (USOTC:FBEC)
Gráfica de Acción Histórica
De May 2023 a May 2024
Real-Time news about FBEC Worldwide Inc (CE) (OTCMarkets): 0 recent articles
Más de Fbec Worldwide, Inc. (QB) Artículos de Noticias