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I hope you share whatever you find, it appears people are selling on the news.
Might as well head back to bed, it was just a LOI.
Another letter of intent that doesn't require an 8-K.
Any other ground breaking releases?
16:00:31 0.00159 0.00009 19,153,683
:)
FBEC CEO heading back to Vegas to "crush the craps tables" as per his twitter.
Oh and he mentioned "close last weeks deal", What ever that was.
139K volume so far today. FBEC.
That's true, I might not be using Ebay incorrectly when I searched the Sellers name and come up with 0 items for sale.
Searching that sellers profile on Ebay I see 0 items for sale.
http://www.ebay.com/sch/heimaada/m.html?_nkw=&_armrs=1&_ipg=&_from=
I find that interesting and confusing.
Unfortunately I don't see that happening based on the tickers chart.
If there were to be a large increase in volume from a well run awareness campaign I can see a PPS increase from these levels.
However at .04 there would be a lot of selling pressure from previous holders which would be hard to break through, as well as at the .06 to .07 range.
It would take a great deal more effort from FBEC to get anywhere near the .14 target in the next fiscal year let alone the next quarter.
.14 target should be explained as a potential high in 12-24 months time.
"Why is the product being marketed to the stock market and not to consumers?"
Very good question...you only market to people you want to buy your product right? So what product would FBEC have for the stock market if they don't have a product readily available to consumers?
Yeah, maybe they will clarify. I mean they said it was being tested in Canada, so what's stopping Ebay from shipping there too?
Wolfshot Ebay "May not ship to Canada" Why not?
If it were in the form of capital for future stock considerations it would have to be 8-ked and not necessarily Form 4.
I know that FBEC did not post an 8-K to the SEC indicating that as required by law within the last 4 days.
SEC filings are the only factual statements of company operations to go by.
If the CEO had invested some of his own money into the company I think it would have had a much better chance for getting traction in the market and in the industry.
Being able to buy inventory is a key factor in running a profitable business, if the business is producing a product.
Totally Agree. If Promo does not occur, I can see the PPS capitulating downward.
AGREED.
"Unless there is a PR or an SEC filing disclosing factual material events; how can anyone in their right mind not lose confidence in this company ?"
Chalk it up to mgmts lack of experience.
If this is the third, does that mean he gets 3 x $10,000 blocks of shares of rest. stock as per his company agreement that he signed?
That's pretty much what I was thinking.
Another "head fake" as the CEO used to say back when he was giving hints to his twitter followers on which stock he wanted to buy.
And in the preceding tweets to the ones you posted he asks about a CEO of the year award. In a following tweet he curses at someone.
In the tweet after that he says: "WolfofWeedStreet ?@WolfOfWeedST Oct 29
http://bit.ly/1hOelvY @MarijuanaStocks @Technical420 @Hemptres @Invest420 #moneyshow tomorrow panel & CEO talk $fbec"
His "alter ego" twitter is clearly attached to FBEC and it is definitely in context.
I believe it's on "successful product launch" and units sold.
FBEC does not disclose what entails a successful product launch, so in theory, this supposed launch that happened is a trigger for his shares.
"CEO Jason Spatafora will be able to receive further bonuses; $10,000 worth of restricted common stock for every successful product launch, as well as $20,000 worth of restricted common stock for every 1 million units of WolfShotâ„¢ and/or any future FBEC Worldwide, Inc. product sold. Full details of the described employment contract will follow in a Form 8-K."
It's available again?
I missed the first time it was available apparently. When was that product launch and product availability?
I don't think the past or present management has any history of running successful beverage companies.
Wasn't the CEO of FBEC in Vegas this past week?
Maybe he put together some amazing deals in Vegas during his first few months as being the only employee of FBEC.
I wasn't able to find any recording of the interview advertised on the CEO of FBECs twitter.
I followed a link provided by Lasernat but it took me to what appeared to be a stock promotion website and was requiring me to register to hear the content. I did not register.
Was it only available to people who would register to a stock promotion website?
Wasn't the CEO of FBEC supposed to be on a podcast or interview of some kind earlier today?
There was another on his Wolf of Weedstreet twitter that asked if there was a CEO of the year award. I imagine if there were you'd need to be CEO for more than a few months.
There are other ways besides US dollars a CEO can be compensated in the event the company has no liquid cash to pay him.
Didn't a previous CEO of FBEC get compensated for some money owing him?
The lack of professionalism by FBECs CEO and only employee is worrisome.
Did the current CEO invest any of his own money into FBEC?
I have read about CEOs buying into their own company as a means to show support.
Some would consider it a dead ticker until then and move on.
I then ask, what or who will move it without a proper awareness campaign?
There doesn't seem to be that many people content to let money sit in an OTC for any length of time.
10.3K volume so far today would make it hard for anyone with a sizable position to get out without a severe PPS drop don't you think?
The lack of volume on FBEC is worrisome, regardless of what the company is saying it is intending to do.
An awareness program is critical at this stage for a company with no sales and no revenue to generate enough interest so that this ticker is able to traded effectively.
The FBEC day job that is supposed to pay him $15,000 a month right?
What surprises would you speculate on?
FBEC has said that it is intending to do a great many things and if they do them they shouldn't come as a surprise at all.
Is the surprise that they won't be doing many or any of those things?
Agreed.
The lack thereof should be a cause for concern.
It appears by your reply you are ok with the CEO current position as a stock promoter for other companies.
The previous post is a position I support in that at this time this company needs the ONLY employee to dedicate as much time as possible to bringing the trading volume up as well as further the business interests of FBEC.
$15,000 a month should be enough for someone to put other money making ventures to rest for a period I would think.
There has been no hiring.
No promotional campaign to raise awareness or trading volume.
No signed agreements.
The list of things the CEO is not doing in a timely manner is growing.
AGREED. Proper promotional activity is needed.
FBEC might be using the word "launch" erroneously if there technically wasn't anything launched.
They did say they took delivery of some amount of product, which if you consider that then maybe their producer "Launched" it to them?
I don't have a degree in spinglish so I can't be too sure.
When is the "re launch"?
I thought we already had the "HARD" re launch that was re labeled by management to something like a soft launch last week?
Is there another launch I missed for FBEC?