Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NEWS OUT! Vape Holdings Announces Justin Braune as New Chief Executive Officer
Current CEO Kyle Tracey to transition into key consulting role; Company announces significant progress with new Vaporizer Pen product
CHATSWORTH, CA / ACCESSWIRE / December 11, 2015 / VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE") a holding company focused on providing healthy, efficient, and sustainable vaporization products, today announced the appointment of Justin Braune as Chief Executive Officer ("CEO"), effective immediately. Current CEO Kyle Tracey will transition into a consulting role that will better utilize his ability to explore lucrative licensing deals and key strategic partnerships for the Company. Mr. Tracey served as CEO for nearly two years and has led VAPE Holdings through its important formative years of capital formation and brand building.
CEO Kyle Tracey stated, "VAPE Holdings is a great company with diverse customers, outstanding employees and strong growth prospects. I am confident in Justin Braune's ability to guide our Company through the next phase of its growth as we strive to create superior returns for stockholders. As both a significant shareholder and dedicated advisor, I will continue to be actively involved in several aspects of the Company as we manage this executive transition. By sitting outside the office of CEO, I will be better positioned to leverage meaningful distribution channels for HIVE Ceramics as we grow this industry-leading brand." Mr. Tracey will remain an active, key participant in VAPE's operations and has agreed to contribute new capital as well as restructure and extend repayment on existing debt as proof of his ongoing, long-term commitment to VAPE.
Justin Braune brings a broad base of experience to VAPE that ranges across several industries, from semiconductor sales to precious metals and medicinal cannabis. During his tenure at Lear Capital, Mr. Braune partnered with the primary investors of Vapor Wild and FLiP (Flavor Infused Pod), two of the fastest growing companies within the medicinal cannabis vaporizer and e-cigarette vaping industry. During his term as COO, Justin developed deep relationships across the entire supply chain, from product development and manufacturing to sales, marketing and distribution channels. Justin is a graduate of the United States Naval Academy, and served as commissioned officer in the US Navy for ten years where he helped manage nuclear reactor systems aboard the USS Ronald Reagan. He holds an MBA from the University of Southern California's Marshall School of Business.
"We're very grateful to Kyle for his hard work, vision and commitment to our Company," said Mr. Braune. "Kyle helped build a strong leadership team and a winning corporate culture. He leaves behind a Company that is committed to constant product innovation in its core HIVE branded ceramics line. Concurrent with Kyle's departure, we are pleased to announce the outstanding progress that we have made on our new Vaporizer Pen. Small, discreet and ergonomic, it was a major success at the recent Secret Cup Finals on Dec 5 and 6 in Los Angeles, California. This strong reception is emblematic of the many different success stories within the VAPE umbrella. My plan for the future of VAPE is to realign its business focus to that of its ticker and namesake - namely refocusing on vaporization products, e-cigarettes, e-liquids and other consumer-focused product lines. In deciding to re-focus the core business of VAPE on these products we recognize that past overtures into real estate development and management consulting in the cannabis industry (whether due to disruption of capital sources, legal risks associated with the regulatory environment, etc.) is not an area of business that is in the best interests of shareholders. I am excited to build on the strong foundation that Kyle has laid out as we turn a new chapter in the Company's young history. Shareholders have a lot to look forward to."
About Vape Holdings, Inc.
VAPE Holdings, Inc. focuses on designing, marketing, and distributing various vaporization products. The company offers medical and food grade ceramic products primarily under the HIVE Ceramics brand throughout North America, Europe and South America. HIVE offers a nonporous, non-corrosive, chemically inert ceramic vaporization element, which can be used for a range of applications, including stand-alone vaporization products and electronic cigarettes. The company is based in Chatsworth, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
VAPE is NOW Trading Below Its CASH VALUE = THE KEY
1,000,000 Shares Cost a Measily $5K Bucks. Still a very Favorable Share Structure and a Legit Business
My initial 1,000,000 Shares I believe cost me around $35,000 at. 035. I Rhode it up to around. 07 cents and had not sold!
NO NEW NOTES BEING ISSUED PER MANAGEMENT AND THE EXISTING NOTE IS WRAPPING UP! THE NEXT Convertible Note that was issued in August has a 6 month Restriction Which means the stock can rally hard without any pressure from existing note holders from now until February 2016.
VAPE is now trading around or below its CASH VALUE!
The One Thing Management Should Get Credit For is the fact that they File Everything in a timely matter and are not hiding anything!! Everything is pretty straight forward in the filings.
VAPE $Vape Holdings, Inc.: Summary, Stock Quote & Trades for Vape Holdings, Inc. - OTCMarkets.com http://www.otcmarkets.com/stock/VAPE/quote
NEWS IS DUE OUT Per Corporate Release Future Catalyst
Vape's collaboration with Puffco for a new breakthrough portable vaporizer pen is on schedule for a December release. It is in its second phase of prototype testing with final prototypes expected in November. HIVE's ceramic insert and Puffco's proprietary atomizer eliminates direct contact with the heating coil, thus solving the most eminent problem with current models while greatly improving the functionality and taste of the next-generation Puffco vaporizers. Puffco's business is growing rapidly every month and its Puffco Pro was named Best Vaporizer of 2015 by High Times Magazine. For more information, please visit: http://puffco.com.
Additionally, HIVE Ceramics has several new innovative products nearing roll-out:
- Omni nail collaboration - first orders out as of October 6
- Honey bucked with mothership - initial run in production. Expected delivery date in 60-90 days
- One piece club banger and carb cap with Quave - in production in 60-90 days.
- Silicon nitride ceramics - going into production within 2 weeks; expected delivery date in December
Did some additional research! The companies now on the verge of being debt free w over $1 million in cash on the books from all the conversions. Market Capitulation is way to LOW here!
If there is 125 million outstanding we are only worth $625k at. 005 per share! Risk vs Reward is extremely favorable again!
I Like Jason, but he bit off way more then he can chew and has put his reputation on the line on something that can possibly destroy any credibility he has built!
Pinksheets.com is now showing FBEC as delinquent in its filings.
The Late 10Q is Mind Boggling! The CEO basically Stated He Guaranteed it by Fridays Close in a Press Release.
Agree, Great Post! There is obviously a lot more Convertible Notes Outstanding then most including myself were fully aware of.
At this point in time, it's quite nerving knowing we have almost $2 million in notes converting!
I'd say most here, are debating on whether to take the tax loss or not. There's only a couple of weeks left to do so.
Pretty Confident The MANAGEMENT Committed Some Type of Fraud Here!
Being One of the Largest Shareholders, I could easily take legal action against the CEO based on his last Corporate Update back around September.
You can not possibly make the #'s make any sense with the most recent filing! The December 8th 2014 8k was for $565,000 in Convertibles not $Millions.
Then The BS Insider Buy for like 10k to prop the stock up while they continue to Dilute shareholders.
I owned just under 10% of the shares outstanding when there were less than 20 million outstanding, which actually was a real ownership in the business.
Now It's 1/5th the % I originally owned.
Current Report Filing (8-k) http://ih.advfn.com/p.php?pid=nmona&article=69596104Item 3.02 Unregistered Sales of Equity Securities.
Vape Holdings, Inc., a Delaware corporation (the “Company”), has issued the following shares of its common stock pursuant to conversions of convertible notes since the filing of a Current Report on Form 8-K filed on November 20, 2015:
On November 23, 2015, the Company issued 4,127,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $23,111.20.
On November 27, 2015, the Company issued 4,500,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $24,750.
On November 30, 2015, the Company issued 5,741,627 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $30,000.
On December 2, 2015, the Company issued 4,500,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $18,450.
The original issuance of the above convertible notes, and their subsequent amendment, were previously disclosed on our Current Report on Form 8-K dated December 8, 2014 and in our Quarterly Reports on Form 10-Q dated February 17, 2015 and August 14, 2015, respectively, which disclosures are incorporated by reference herein.
In making the above sales without registration, we relied upon the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
As of December 4, 2015, the total number of shares outstanding of the Company’s common stock was 101,442,875.
SBFM Short Report | $SBFM Short Interest Quote Data Positions http://otcshortreport.com/index.php?index=sbfm&action=view#.VmNVN5BOnHx
$FBEC #News JUST OUT
December 2, 2015 - 12:24 PM EST
FBEC 0.0508 0.0009
Today 5d 1m 3m 1y 5y 10y
FBEC Worldwide Inc. CEO Letter to Shareholders
CHEYENNE, WY / ACCESSWIRE / December 2, 2015 / FBEC Worldwide, Inc. (OTCQB: FBEC), a beverage company with intellectual property formulas and marketing capability for the production and distribution of proprietary beverages, is pleased to give this CEO Update.
On Monday November 30th FBEC Worldwide Inc announced our partnership with DuBe(R), a company that has a significant portfolio of products as well as their own version of a Hemp Energy Drink. This partnership was one that did not happen overnight by any stretch of the imagination, in fact I have known about DuBe(R) long before I had even heard of FBEC. The context of which I heard about DuBe(R) was from a conversation I had with another private company trying to acquire or partner with them in some capacity. Either way, I knew who they were and later learned what they were doing from a broader perspective. The DuBe(R)/FBEC partnership is very straightforward for those trying to understand it, but just in case here's a synopsis.
DuBe(R) is already established in a variety of markets, they have spokespeople, products, are self funded and also have one of the biggest legal commercial grows in the state of Nevada with Green Cross of America (i'll get back to that later). FBEC partnering with them DuBe(R) means we instantly have additional distribution pipeline that is already established. This means that we save time searching for these distributors that like the idea of a drink with Hemp in it making us more productive and efficient with our time. Instead of trying to convince someone and explain the difference between hemp and cannabis we now have the ability to go right to the decision maker. DuBe(R) on the flip side gets to target areas where our relationships come into play as well as expand their digital footprint. They expand, we expand much quicker than if we went at it alone, simple as that. With that comes more revenue for them and much more revenue for us potentially. Revenue is the key because without having the pipeline to sell WolfShots or DuBe(R) shots or the Ma` brand CBD then we will be like everyone else in this market, and that does not work for me or my shareholders. This market will vastly change in 2016 and it is my unbiased feeling that many companies trying to get their product to market for the last 2 years will go the way of the dodo bird, FBEC plans on standing out by way of revenue & growth. If that sounds like "pie in the sky" then keep in mind that DuBe(R) expects all product sales revenue to reach $2,000,000 for 2015 and that very impressive considering they only started the company in 2014. Also let's not forget the Ma` Brand and the high end CBD unit we already have made for the United States and Europe. The first 10,000 units that are ready for sale have a retail value of close to $500,000, if we can turn over that retail volume every quarter that's significant, especially given the high demand for high grade CBD; but I digress, back to DuBe(R).
A question I get sometimes is "Why have two shots?"; for the same reason Coke and Pepsi exist or Monster and RedBull for that matter. Two shots just like the others sets the market, it creates competition and it stomps out other brands. Name another soda similar to Coke or Pepsi in your head…I'm sure it's not easy, but now you see my point. Just like Coke and Pepsi or Monster and Redbull, we hope that employing a two product approach helps us cannibalize our competition or stops brands from competing all together; keep in mind this is just the shots we are talking about.
This partnership with DuBe(R) and CBD Globe means we have multiple product lines that target different retail locations, that all have the ability to sell any of our products collectively, but we have the ability to lead into each location with the product that best suits their clientele, thus opening the door to get our other lines placed.
Green Cross of America in Nevada is co-funded and co-founded by president and owner of DuBe(R), Phil Restifo. The grow is a large scale commercial grow with multiple licenses related to the cultivation, extraction and creation of EDIBLES, DRINKS ETC. If you are unfamiliar with what the cost of a large commercial grow is then let me give you a conservative figure for the land, the security, the licenses, the legal expense, etc for a grow over 20,000 square feet runs in the millions of dollars. This expense is upfront, not over time, so people interested better have millions of dollars. DuBe(R) in my eyes will eventually have products that contain THC like their shot or the Wolfshot for that matter in states that are legal. This puts FBEC just about as close to the "Green Line" as possible for companies in the United States that are public. In my estimation other companies trying to get a grow or cultivation center that are public will never be able to raise enough money to do so, but they are also running a risk with regulators considering Cannabis is federally illegal. FBEC's partnership with DuBe(R) put us about as close as a company can get, which makes FBEC WorldWide Inc very unique in the market.
Also I wanted to address another topic unrelated to the great news that has come out in the last few weeks with DuBe(R) and CBD Globe INC and that is on the reduction of the authorized shares (A/S). Most shareholders understand that we took control of FBEC from prior management and inherited everything that was done prior to our takeover. We updated shareholders yesterday on the status of our quarterly report and how we had to figure out the conversion process for our valuation. Once we file our quarterly by close of business Friday we will restart the process of reducing the authorized shares. Had we reduced our shares first that could have potentially created issues for us in the future, so instead of putting the "cart before the horse" so to speak we are doing it this way, mainly because it is the right way to do it. Having the authorized share count the way it is is unnecessary given the growth strategy we have. The process of reducing the Authorized shares will be happen as soon as we can do it, that's a guarantee.
Regards,
Jason Spatafora
CEO FBEC Worldwide Inc
About FBEC Worldwide, Inc.
FBEC Worldwide is an innovative beverage company dedicated to offering proprietary products focused towards significant target markets, 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 will 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.
As we look ahead, FBEC Worldwide will develop and build name brands focused on strong rates of growth within key fundamental consumer groups. Our company is dedicated to becoming a leading developer of name brand beverage alternatives geared specifically towards large, significantly important demographics within major markets.
About DuBe(R)
DuBe's(R) vision of quality and relevance birthed a desire to create an elite brand that will evolve and thrive as the cannabis movement (legalization) transitions from its infancy stage of public adoption into a way of life, while also overcoming barriers of perception and instead promote the many benefits of cannabis & Hemp products.
DuBe's(R) goal is to be recognized as a one-of-a-kind lifestyle brand with a reputation for quality product lines, management and operations in the hemp, cannabis and active lifestyle industries. The company offers quality products at competitive prices that will exceed all expectations, surpassing its competitors by being the brand of choice based on its commitment to quality. DuBe(R) will define the industry's standard for "best practices" in all areas of operations to insure longevity, simultaneously improving on their already excellent relationships industry wide.
About CBD Globe Distributors Ltd.
London based CBD Globe Distributors Ltd (CBDG), creator and owner of the Ma brand, is a focused and energetic young business. The company's objective is to distribute CBD based products as rapidly and widely as possible, across Europe and overseas using the Ma brand as the prestigious messenger. Firm believers in CBD and the health benefits and integrity of this remarkable product, CBDG's mission is to expand their range across all categories and to work with the most advanced market leaders in this field.
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.
SOURCE: FBEC Worldwide, Inc.
Source: Accesswire IA (December 2, 2015 - 12:24 PM EST)
News by QuoteMedia
www.quotemedia.com
Can you Kindly Elaborate
This is a Reverse Merger of Dube into $FBEC. Impressive News!
Major News Out FBEC Worldwide, Inc. Signs Joint Venture Agreement with DuBe®
CHEYENNE, Wyo., Nov. 30, 2015 /PRNewswire/ -- FBEC Worldwide, Inc. (OTCQB: FBEC), a beverage company with intellectual property formulas and marketing capability for the production and distribution of proprietary beverages, is pleased to announce the signing of a Joint Venture agreement (JV) with nationally recognized hemp energy shot brand, DuBe®. The agreement instantly adds significant revenue and cash flow to FBEC Worldwide, Inc. and gives the Company four more products to add to their portfolio.
The Joint Venture partnership will cross market and distribute all WolfShot™ and DuBe® products. Sales revenue will be consolidated through the new entity majority owned by FBEC Worldwide, Inc. The JV will also work closely with FBEC Worldwide's Scientific Advisory team to develop and bring to market additional hemp, CBD, and cannabis related products.
DuBe® already has a strong, national distribution network placing their hemp infused energy shot in 12 states. The company expects to sell about 1,300,000 units of their 2 ounce energy shot and realize approximately $2,000,000 in total sales revenue from all products for 2015. The JV will utilize the existing distribution network to increase sales of WolfShot™ while working towards developing new distribution pipelines for both brands and create stand alone brands jointly.
In addition to the energy shot, DuBe® brings sales of a hemp infused lip balm, CBD vaporizers, and natural hemp rolling papers to the JV. The two companies are already in talks for future products including coffee, teas, power bars, and infused liquor products.
The Company will also leverage DuBe's® relationship with legal marijuana grow Green Cross of America in Nevada to develop THC and CBD versions of DuBe® & WolfShot™ products.
CEO Jason Spatafora said, "Our joint venture with DuBe® is a key component to the long term strategy for FBEC Worldwide Inc. Their team, network and ability to execute on both sides of the Hemp & Cannabis markets distinguishes them amongst their industry peers. Jointly, we feel that can expedite the process of expansion in a way that should expand our revenue streams, solidifying our place among both public & private companies within the Hemp & Cannabis space. We couldn't be more pleased with this Joint venture with DuBe® and our partnership with CBD Globe which we announced just two weeks ago. Shareholders should be very excited as we go into what will surely be an electric 2016 year for the entire Hemp and Cannabis space nationwide."
About DuBe®
DuBe's® vision of quality and relevance birthed a desire to create an elite brand that will evolve and thrive as the cannabis movement (legalization) transitions from its infancy stage of public adoption into a way of life, while also overcoming barriers of perception and instead promote the many benefits of cannabis & Hemp products.
DuBe's® goal is to be recognized as a one-of-a-kind lifestyle brand with a reputation for quality product lines, management and operations in the hemp, cannabis and active lifestyle industries. The company offers quality products at competitive prices that will exceed all expectations, surpassing its competitors by being the brand of choice based on its commitment to quality. DuBe® will define the industry's standard for "best practices" in all areas of operations to insure longevity, simultaneously improving on their already excellent relationships industry wide.
About FBEC Worldwide, Inc.
FBEC Worldwide is an innovative beverage company dedicated to offering proprietary products focused towards significant target markets, 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 will 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.
As we look ahead, FBEC Worldwide will develop and build name brands focused on strong rates of growth within key fundamental consumer groups. Our company is dedicated to becoming a leading developer of name brand beverage alternatives geared specifically towards large, significantly important demographics within major markets.
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.
Contact:
Investors:
Joe Sirianni
MIDAM Ventures LLC
(305) 707-7018
jsirianni@MidamIr.com
www.MIDAMIr.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fbec-worldwide-inc-signs-joint-venture-agreement-with-dube-300185174.html
SOURCE FBEC Worldwide, Inc.
Source: PR Newswire (November 30, 2015 - 8:12 AM EST)
Good luck on getting a response. The guys like a high school drop out!
1st time I'm seeing your post! Speechless!
The $ Amount of the Convertible Note issued on Dec 8 2014 was equivalent to the amount converted up to October 29th 2015.
So is the company using the loan note on December 8th, 2014 as a COVER to continually issue more shares without raising a RED FLAG ?? Somethings not Right!
FILINGS SHOWING ALL CONVERSIONS FROM THE SAME NOTE ISSUED ON DEC 8th 2014
VAPE Holdings Closes $500,000 Capital Infusion Accesswire (Mon, Dec 8)
VAPE HOLDINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct
Current Loan Note reference to
$560,000.00 less an original issue discount ("OID") of $50,000.00 and transaction expenses of $10,000.00 for a total purchase price of $500,000.00
AS OF OCTOBER 22nd 2015 $461,990 TOTAL CONVERTED OF $560,000 NOTE
AS OF OCTOBER 29th 2015 ADD $461,990 + $96,860 = $558,850 OF $560,000 NOTE CONVERTED!!! CAN YOU !!!
Here is the entire break down, taken from the 8K's
On October 23, 2015, the Company issued 2,333,786 shares of its common stock pursuant to a conversion notice from a Noteholder in the amount of $25,800.
On October 23, 2015, the Company issued 1,731,602 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $20,000.
On October 26, 2015, the Company issued 2,200,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $24,420.
On October 29, 2015, the Company issued 2,400,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $26,640.
On October 15, 2015, the Company issued 1,271,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $14,680.
On October 16, 2015, the Company issued 1,636,364 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $18,900.
On October 19, 2015, the Company issued 1,298,701 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $15,000.
On October 19, 2015, the Company issued 1,500,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $17,400.
On October 21, 2015, the Company issued 1,515,152 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $17,500.
On October 21, 2015, the Company issued 1,500,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $16,650.
On October 1, 2015, the Company issued 1,548,822 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $23,000.
On October 1, 2015, the Company issued 675,676 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On October 5, 2015, the Company issued 675,676 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On October 6, 2015, the Company issued 961,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $13,261.80.
On October 7, 2015, the Company issued 865,801 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On October 9, 2015, the Company issued 865,801 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On October 9, 2015, the Company issued 1,011,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $11,727.60.
On October 12, 2015, the Company issued 1,271,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $14,680.
On October 13, 2015, the Company issued 1,000,052 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $11,600.60.
On October 13, 2015, the Company issued 1,818,182 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $21,000.
On September 22, 2015, the Company issued 232,558 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On September 23, 2015, the Company issued 606,061 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $25,000.
On September 24, 2015, the Company issued 390,625 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On September 25, 2015, the Company issued 518,135 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On September 29, 2015, the Company issued 900,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $36,590.
On August 26, 2015, the Company issued 446,428 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $25,000.
On September 3, 2015, the Company issued 445,196 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $25,000.
On September 8, 2015, the Company issued 446,428 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $25,000.
On September 14, 2015, the Company issued 469,925 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $25,000.
On September 16, 2015, the Company issued 188,679 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $10,000.
On September 18, 2015, the Company issued 469,925 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $25,000.
Anyone Else Notice the Convertibles are not converting to the correct share price!
For example, 50% Discount for the 3 lowest closing prices in the previous 10 trading sessions.
The math never adds up. The conversions seem to be getting 60¥%+ discount!?!?
THE IR GUY is an absolute PR*CK. Very Unprofessional and gave me an attitude telling me he had other calls to answer and had an attitude!
I called multiple times, and finally he called me back saying I kept calling and hanging up. I called and he never answered and I didn't want to leave a message.
A real loser!
That's Not Correct. Don't be Misleading. There's no such rule stating 5 days extension!
THE 10Q WAS ALREADY EXPLAINED / ON NOV 15th THEY EXPLAINED WHY THE 10Q WAS GOING TO BE LATE
FBEC Worldwide Inc. CEO Update on Upcoming 10Q - Yahoo Finance http://finance.yahoo.com/news/fbec-worldwide-inc-ceo-upcoming-212300294.html
FBEC Worldwide Inc. CEO Update on Upcoming 10Q
Accesswire Nov 15, 2015 4:23 PM
Switch and save!
Progressive Insurance Sponsor
?
CHEYENNE, WY / ACCESSWIRE / November15, 2015 / FBEC Worldwide, Inc. (FBEC), a beverage company with intellectual property formulas and marketing capability for the production and distribution of proprietary beverages, announces that the quarterly financial statement will be filed late.
"We are filing our Quarterly report late. We have had much to go through since taking over FBEC WorldWide Inc from previous management. There's a lot that goes into a quarterly report as is but this quarterly report is complicated given the recent takeover of FBEC. I can assure all of our shareholders that our accountant and auditors are working diligently to expedite this process, and this will not be an issue moving forward." Said CEO Jason Spatafora.
He added "Taking FBEC over was no easy task and we knew that there would be a lot to review, but we are ecstatic about the progress we have made in the last 60 days regarding the WOLFSHOT, the LOI's we have with CBD Globe, DuBe and we feel we will have much more to say balance sheet wise moving forward."
About FBEC Worldwide, Inc.
FBEC Worldwide is an innovative beverage company dedicated to offering proprietary products focused towards significant target markets, 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 will 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.
As we look ahead, FBEC Worldwide will develop and build name brands focused on strong rates of growth within key fundamental consumer groups. Our company is dedicated to becoming a leading developer of name brand beverage alternatives geared specifically towards large, significantly important demographics within major markets.
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.
Contact:
Investors:
Joe Sirianni
MIDAM Ventures LLC
(305) 707-7018
jsirianni@MidamIr.com
www.MIDAMIr.com
SOURCE: FBEC Worldwide, Inc.
A Short Seller Manipulation Technique Used by OTC Market Makers | OtcShortReport Blog http://otcshortreport.com/blog/john-lux/a-short-seller-manipulation-technique-used-by-otc-market-makers/
Management should be fired! Very Fraudulent Behaviors and they are running this company into the ground!
Every. 01 cent is now almost $1 Million in Market Capitulation.
When I first bought there was only about 12 -15 million shares. This is pitiful!
They are destroying any upside with the massive Dilution.
The Convertibles Should of been completed by now! Where are the shares coming from?
December 8th 2014 was a $560,000 convertible note, and we are almost up to $1,000,000 Now! Doesn't Add Up!
Current Report Filing (8-k) http://ih.advfn.com/p.php?pid=nmona&article=69439903
Current Report Filing (8-k)
Print
Alert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 13, 2015
VAPE HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware 333-163290 90-0436540
(State of other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
21822 Lassen St., Suite A
Chatsworth, CA 91311
(Address of principal executive office)
1-877-827-3959
(Registrant's telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Item 3.02 Unregistered Sales of Equity Securities.
Vape Holdings, Inc., a Delaware corporation (the “Company”), has issued the following shares of its common stock pursuant to conversions of convertible notes since the filing of a Current Report on Form 8-K filed on November 12, 2015:
On November 13, 2015, the Company issued 4,649,549 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $33,500.
On November 17, 2015, the Company issued 2,727,273 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $16,500.
On November 18, 2015, the Company issued 4,195,804 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $24,000.
On November 19, 2015, the Company issued 2,900,000 shares of its common stock pursuant to a conversion notice from a noteholder in the amount of $12,865.45.
The original issuance of the above convertible notes, and their subsequent amendment, were previously disclosed on our Current Report on Form 8-K dated December 8, 2014 and in our Quarterly Reports on Form 10-Q dated February 17, 2015 and August 14, 2015, respectively, which disclosures are incorporated by reference herein.
In making the above sales without registration, we relied upon the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
As of November 20, 2015, the total number of shares of shares outstanding of the Company’s common stock was 82,719,248.
2
The Floats between 30-50 Million Shares! 200 million shares are RESTRICTED until May 2016
Fantastic Post and DD from another Poster
The 8K From MAY 5th "THE FACTS" SAY THIS;
A Short Seller Manipulation Technique Used by OTC Market Makers | OtcShortReport Blog http://otcshortreport.com/blog/john-lux/a-short-seller-manipulation-technique-used-by-otc-market-makers/
Excellent News Out! Convertible Cancelled
http://app.quotemedia.com/quotetools/newsStory.go?webmasterId=501&storyId=80799323&topic=FBEC
FBEC Worldwide Inc. Retires $20,000 Convertible Liability, Clears Portion of Aged Debt
CHEYENNE, WY / ACCESSWIRE / November 23, 2015 / FBEC Worldwide, Inc. (OTCQB: FBEC), a beverage company with intellectual property formulas and marketing capability for the production and distribution of proprietary beverages, announces that the Company has retired a $20,000.00 (twenty thousand) convertible liability from its balance sheet. The now retired liability belonged to Beaufort Capital Partners LLC and was issued on May 14, 2015 and would have converted this month on November 15, 2015. Beaufort Capital Partners LLC is pleased with the current results and continued progress of the company.
CEO Jason Spatafora stated, "Shareholders will be pleased to know that we have been able to clear a portion of our aged debt and in the process save money. The 5/15/2015 note issued to Beaufort Capital Partners LLC, that would have been convertible this month has been retired by Beaufort. In exchange, FBEC has added interest to the convertible promissory note that FBEC issued to Beaufort on 11/14/15 that will, upon maturity, equal $3,000 less than the total balance of the note Beaufort agreed to retire. Additionally, the 11/14/15 note won't mature, and become convertible until 5/14/16. Therefore, in essence, we have now reset the holding period on the $17,000 in added interest, while removing $20,000 of a balance which is over 6 months hold currently."
"I am committed to FBEC shareholders and this move allows us time, saves FBEC money and demonstrates that our previous funders have faith in our team to execute on our business plan. Shareholders can read all of the particulars of this in the Form 8K we will submit and I encourage all prospective shareholders to read it as well," said Spatafora.
About FBEC Worldwide, Inc.
FBEC Worldwide is an innovative beverage company dedicated to offering proprietary products focused towards significant target markets, 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 will 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.
As we look ahead, FBEC Worldwide will develop and build name brands focused on strong rates of growth within key fundamental consumer groups. Our company is dedicated to becoming a leading developer of name brand beverage alternatives geared specifically towards large, significantly important demographics within major markets.
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.
Investors Contact:
Joe Sirianni
MIDAM Ventures LLC
(305) 707-7018
jsirianni@MidamIr.com
www.MIDAMIr.com
SOURCE: FBEC Worldwide, Inc.
Source: Accesswire IA (November 23, 2015 - 8:26 AM EST)
News by QuoteMedia
www.quotemedia.com
Public Float around 30 Million! Rather impressive to see such a small float!
200+ Million are Fully Restricted until March 2016 per SEC Filings!
CGRW has a similar share structure!
COMMENTS?!?
DUE DILIGENCE About the future Catalyst coming on Saturday December 9th 2015
1st thing I want to say: I hope the company has the FBEC Ticker symbol on this mural because, it really is a big Event! If the people like the product, I would sure as hell hope they find out who the company making it is!
FBEC Announces Strategic Marketing Campaign & Event Party during Art Basel Festival in Miami Beach
http://finance.yahoo.com/news/fbec-announces-strategic-marketing-campaign-180300399.html;_ylt=A0LEVvKJMVJWElgARJkPxQt.;_ylu=X3oDMTByMjB0aG5zBGNvbG8DYmYxBHBvcwMxBHZ0aWQDBHNlYwNzYw--
Art Basel Miami Beach
International Contemporary Art Show
https://www.artbasel.com/miami-beach
https://www.artbasel.com/
ART BASEL MIAMI BEACH 2015 PARTY GUIDE
http://www.miaminewtimes.com/music/art-basel-miami-beach-2015-party-guide-8019921
https://search.yahoo.com/yhs/search?p=miami+art+basel+2015&fr2=p%3Afp%2Cm%3Asb&hspart=SGMedia&hsimp=yhs-sgm_fb&type=fx&p=miami+art+basel+2015
http://www.midtownmiamimagazine.com/midtown-miami-magazine-events/art-basel-miami-2015/
LMAO! I dont know the guy, but based on my readings he is a pretty interesting fellow! I can care less about the past, what I care about is the future and this guy has an incredible network!
If he is connected to a million people in the industry, then I think this company will get off the ground because he has a vested interest in making this one succeed.
I like that Marijuanastocks.com and the other one are getting this company highlighted in front of THE TARGET Audience.
In my Opinion, this had been my logic going into this one! THE FACT that they had filed all of the filings and put everything out in the open about previous management and current management was one of the attractive things about FBEC.
Do you really think that Jason and his possy would do anything that he had thought would be deemed as misleading being under the Microscope?
I love the fact that this one has been fully investigated and was able to pick up the pieces and move forward with a business plan that is actually quite mind blowing considering the "Marketing Power" of Jason and his team! Bravo to him!
Monster was not successful for any other reason than the fact that the company had INCREDIBLE Marketing in place.
5 Hour Energy and RED BULL S*CK in my opinion. Have you guys drank a 5 HR energy or a Red Bull? They are not only terrible for your health but taste horrible!!!
Have you guys tried the Wolf Hemp Shot?
Again, I would recommend that you guys do a side by side comparison and even a blind folded taste test and come back and let us know what your findings are.
The company had already been investigated with a FINE COMB and are now moving on to bigger and better things with the incredible Marketing Strategy, initiated by Jason.
Good Luck to him and his team.
I have no affiliations to anyone on this message board or with the company. All I am is an outsider looking in, and Yes I read all the filings and did my due diligence, just as you all should do!
DO YOUR OWN RESEARCH and make your own conclusions!
So Who is Going to The Big Event on December 5th 2015 Expecting Tremendous Media Coverage.
I am willing to bet they get tremendous exposure and I would recommend that if you are in the area that you go to this event to speak to management and take pictures of the mural etc.
This will also present a golden opportunity for anyone who has not tried their Wolf Hemp Shots, to do so and make their own decisions, thereafter!!
I will do my best to see if I can attend.
I would expect the company to drum up a ton of press going into the event, which should be a great opportunity for the company to get their name out!
http://finance.yahoo.com/news/fbec-announces-strategic-marketing-campaign-180300399.html
In addition, the Company will be hosting a sponsored event party the night of December 5, 2015. Guests will receive free WolfShot(TM) samples and enjoy a night of libations, music, and food. Details on the event party will be announced soon. The Company encourages all shareholders living in the Miami area to come out and experience the Art Basel festival, see the mural, and join them for a night of fun and free WolfShot(TM) at the event after party.
Amazon Validation
@WolfOfWeedST @FBECWorldwide #CONGRATS! You've officially sold out on @amazon $FBEC #WolfShot More in Stock Soon? https://t.co/6Ros6hSHli
$FBEC's WolfShot™ Hemp Energy™ Shot Available on Amazon.com - Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™ http://marijuanastocks.com/fbecs-wolfshot-hemp-energy-shot-available-on-amazon-com/
Solid Reviews
http://www.amazon.com/gp/aw/reviews/B017V686W4/ref=cm_cr_dp_aw_see_rcnt?ie=UTF8&s=sd
Amazon had sold out on the initial Fulfillment. They restocked of course!!
@WolfOfWeedST @FBECWorldwide #CONGRATS! You've officially sold out on @amazon $FBEC #WolfShot More in Stock Soon? https://t.co/GJeGa6rl77
Jimcramer on Twitter Just asked for a case of Wolf shots!!!!
A hell of a lot better than the stuff he normally drinks, Monster.
Meet the crew & watch @JimCramer chug a @MonsterEnergy drink on #Periscope. Replay here! https://t.co/N7kxC1KG81 https://t.co/o8G05c8xZv
$FBEC vs MNST = $30 Billion Market Capitulation!!!!
The sky's the limit! There's No Reason Why FBEC couldn't be .50 to $1.00 Short Term in my Humble Opinion.
It's all about Successful Marketing and we sure as hell have the right Marketing Strategy and Target Audience!!!!!
I believe this one will go VIRAL!
MNST ? Watchlist
148.09
-1.27 -0.85%
Monster Beverage Corporation Finance http://finance.yahoo.com/q?s=mnst&ql=1
A Red Bull, Rockstar, Monster Future - Yahoo Finance http://finance.yahoo.com/news/red-bull-rockstar-monster-future-204300402.html;_ylt=A0LEVjAr6E9WApUAKJZEDN04;_ylu=X3oDMTBya3R2ZmV1BHNlYwNzcgRwb3MDNARjb2xvA2JmMQR2dGlkAw--
Red Bull GmbH: Private Company Information - Businessweek http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=5503209 Red Bull GmbH Key Developments
Red Bull GmbH Announces Consolidated Earnings Results for the Full Year of Fiscal 2014
Sep 18 15
Red Bull GmbH announced consolidated earnings results for the full year of fiscal 2014. For the year, the company announced profit reportedly grew 1.45%, far slower than in recent years. The company made a net profit of EUR 370 million (AUD 584.3 million). Revenues rose 5% to EUR 2.66 billion, but were outweighed by major marketing cost for Red Bull. The operating profit therefore fell 19% to EUR 333 million. The entire group collected revenues of EUR 5.11 billion, 1.45% higher than in 2013.
The Floats between 30-50 Million Shares! 200 million shares are RESTRICTED until May 2016
Fantastic Post and DD from another Poster
The 8K From MAY 5th "THE FACTS" SAY THIS;
Pursuant to the request of S&L Capital, LLC, the Board has authorized the conversion of 8,999 Preferred Series-A Stock to Restricted Common Stock pursuant the conversion features as stated in the Articles of Incorporation. There will be a 12 month maturity date of the restricted common stock effective May 1, 2016. S&L Capital, LLC agrees to allow the company the right of first refusal to prepay the common stock and retire the restricted common shares back to the treasury on or before the maturity date.
"8K=THE FACTS"