FBEC Worldwide Inc (FBEC)

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NOTE 8 – SUBSEQUENT EVENTS



In January 2017, the Company issued 30,312,206 common shares for the conversion of $41,695 of debt.

On January 5, 2017, the Company entered into a new co-packer agreement with NVE Pharmaceuticals to produce our 2 oz energy shot and the Company’s hemp juice powder.

On January 16, 2017, the Company issued a $53,000 convertible promissory note (“the Power Note”) to Power Up Lending Group, Ltd. in exchange for a $53,000 investment in the Company. The Power Note converts at 42% discount to the average of the three lowest intraday trading prices within the ten trading days prior to the conversion notice being submitted to the Company’s transfer agent.

In February 2017, the Company issued 187,089,260 common shares for the conversion of $190,784 of debt.

On February 17, 2017, the Company issued a $225,000 convertible promissory note (“the Crown Note”) to Crown Bridge Partners LLC in exchange for a $200,000 investment in the Company. The Crown Note converts at 42% discount to the lowest intraday trading prices within the twenty-five trading days prior to the conversion notice being submitted to the Company’s transfer agent.

In March 2017, the Company issued 560,159,598 common shares for the conversion of $65,475 of debt.

In March 2017, the Company issued 65,000,000 common shares for payment of a court settlement valued at $1,228,500.

In April 2017, the Company issued 390,027,368 common shares for the conversion of $106,486 of debt.

On April 14, 2017, the Company amended its Articles of Incorporation to increase the authorized common shares to 7,000,000,000, par value $.001.