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Re: None

Friday, 11/14/2014 12:18:55 PM

Friday, November 14, 2014 12:18:55 PM

Post# of 11625
FBEC nice 10-q out looks like that R/M coming our way!!!:
On October 9, 2013, the Company entered into share exchange agreement to acquire 100% of the issued and outstanding share capital with Gallant Acquisition Corp. (GAC) the 100% owner of all of the issued and outstanding share capital of 22 Social Club Productions (22 SCP) and its subsidiaries, Blue 22 Entertainment and Appquest, Inc. for 140,000,000 common shares of the Company and 5,000,000 shares of common stock of the Company to Appquest, Inc. Effectively, GAC held 89% of the issued and outstanding common shares of the Company and the transaction has been accounted for as a reverse merger, where 22 SCP is deemed to be the acquirer and the surviving entity for accounting purposes.

REVERSE MERGER....Just what everybody thought!

GO $FBEC

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