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You mean it's not capitulation and note selling like it's been the last 12 months? Ohhhh... oh. LoL.
How soon to trips now?
True words. :)
Don't get stuck. Close in the black.
Good luck to you as always CT.
Agreed on Silence = lost interest in this volume trap of a security based on a business that has "0" sales, 1 employee and massive amounts of debt.
CEO has not been able to recover from terrible position previous CEO left company in.
We are overvalued with "0" sales.
It's well known in OTC PINK land not to take chart reads as anything serious.
What a great skid into the next day!
Volume dries up and you get one day to trade when the PR hits.
If any of those trades were real buys they are stuck in the same volume trap everyone else is now.
Only thing the CEO states is that the websites are launched.
Nowhere in the release does it state there is new product or distributors.
"This is just the beginning. As we begin the second half of 2016 I look forward to continuing to grow this company which obviously includes putting real "numbers on the board""
There is no clear path to revenue or products.
No New products as the CEO stated.
They are "working" on new products. Very clearly stated nothing new is on shelves.
I think if you told anyone off the sidewalk that and asked them to put money in a companies stock that hasn't produced anything substantial for 12 months, has a mountain of debt and no prospects to speak of they'd have a good laugh and keep walking.
Maybe he's including the "EXCLUSIVE IR" group we have an agreement with that pays them thousands a month in fees and millions of shares? Remember those guys?
So many agreements and paper has been printed it's hard to keep track of all these amazing deals, JVs, revenue generating ideas that the company keeps saying we are doing, then changes course and re brands every 10-12 months.
Best part is, close to 0 sales the entire time.
Depends on your snapshot.
If you are looking over the last 2 days, it looks good.Over the last 5, not that good. Over the last 3 months..Anemic borderline untenable.
Over the last 6 months, horrendous.
Over the last 12 PPS and Volume factoring in it's a bloodbath for any holder...
Predictable PR from our OTC PINK with run of the mill 'rebranding'. Same thing the last amateur CEO tried to do. Predictable low volume trading pattern, sell on news.
Yeah I can see the RS on the horizon. Same way it happened last time.
I would wager the CEO will say it's for the health of the company.
After all that silence from the companies 1 employee, we get standard OTC PINK PRs...explains the absence of real volume that can be traded properly.
The only news I hear being pumped is a website that's supposed to be coming out soon!
Isn't that Krud Kleen we bought from those other people considered an asset?
Look like it clarifies that FBEC never trademarked anything.
Oh ya, a veritable cauldron of burning churning volume on this one for sure.
I have a feeling the current CEO is looking for an exit after he realized what was going on behind the scenes with management.
So "Healthy Hemp" is a free and open Trademark?
What does the company mean when they told us this then?
"it has successfully acquired & registered the trademark "Healthy Hemp™". FBEC's Healthy Hemp™ is trademarked "
I'm confused.
Oh man we aren't at .14 yet? I've been hearing we will be for almost a year.
Now we all know and have confirmed who has been and continues to be connected to this security, the reasoning as to why we haven't produced a product besides paper is becoming clearer.
Hindsight is always 20/20 as a chart the past represented with pretty lines.
OTC Pinks PPS are driven by forces much stronger than a chart read imo.
I hope you end in the black.
Hard to rely on a chart read in OTC Pink land imo.
So there are two domains with our companies name on them but the only one that we own is "http://fbecworldwide.com/"?
"Message From CEO
To grow our business, we have targeted exciting acquisitions of additional revenue-generating beverage companies we expect to announce near term. These new additions will bring our beverage products to the forefront of our competition, help us develop our niche market and differentiate ourselves to our distributors, wholesalers, customers’ stores and of greatest importance, our consumers.
Robert Sand, CEO"
"Company Contacts
Officer Contacts
Robert Sand - CEO
Directors/Contacts
Robert Sand - Chairman
Michael Wilcox - Director"
This is our website?
That's what usually keeps big block buyers away. PPS does not mean money can be made on a trade. Volume.
How is it possible for you to confirm anything?
Statement of fact should be supported by evidence.
Company releases cannot be considered accurate as they are clearly not accurate in relation to information able to acquired from other sources.
IE: CEOs personally run LinkedIn profile show no listing his employment with FBEC.
Or
The Fighter they touted as their new corporate sponsor type person has no deleted all connection to the company.
The list of inaccuracies in information provided by the company pushes it into the realm of "suspect"
Any proofs pertaining to these supposed products need to be hard evidence.
"probably has caller ID and is selective in who he communicates with imo ..."
LMAO. You'd think he'd want to talk to anyone and everyone who calls hoping, wishing, praying it's someone that is willing to pay upfront for the DRINK product management has been touting for over a year. Pay upfront so we can pay the 50% deposit required by our manufacturers. Can't sell drinks if you can't pay to have the people mix the powders with water and put it in itsy bitsy bottles.
Remember we're supposed to be a beverage company and krud clean people!
Looks painfully capitulated.
RS incoming probably.
His personal LinkedIn doesn't show he is associated with FBEC as of checking today.
Which is odd. You'd think if he was the CEO he's tell us on his personal LinkedIn.
https://www.linkedin.com/in/greenejeff
Management seems to have managed a great potential SS into a volume trap for big block buys.
With the ongoing and upcoming conversions the SS doesn't even look that appealing.
last 12 months from today is down 75%, isn't this pretty close to the same SS as then? Oh my.
That's almost half of the CEOs monthly salary! We're almost halfway there!
That's probably right.
The mountain of conversions that happened will make it almost impossible to overcome, given the kind of "deals" that amateur made.
We are still glad we're paying outrageous fees and shares to an IR company owned by the ex CEO right? They must still be getting paid, they seem to have a presence here.
I doubt anyone would be able to have such a positive outlook on the state of affairs and into the future if they weren't getting paid.
Agreed.
Even the SS can't save us at this point.
Any "big news", or "great things" coming will be met with enormous selling pressure.
We don't have the money to pay for the OTC QB annual fee ($10,000/year) let alone get enough people involved to fix the governance issues.
I doubt this CEO will stick around much longer either once he grasps the true terrible state of affairs that the last ex CEO created and left us wallowing in.
"it was relayed to me by a gentleman at the Alberta Securities Commission ... "
Please provide proof of that exchange or very easy to call BS.
You could also add to that the fees and shares he was and is making and receiving being a part of our "exclusive IR".
RE: CTO in Alberta.
Alberta has very good securities laws, when they see something fishy within a company they put a clamp on it as we can see with FBEC. The story given that it is because that is where an affiliate lives is not the reason and to state that is misleading to anyone not capable of finding the information out themselves.
HOWEVER.
A very simple search on CTOs in Canada shows us this:
Even for a company that doesn't even have a product on a shelf this volume is a trap for any big block buyer, no matter how appealing the SS may be on paper.
With the ongoing and upcoming conversions that have had a continual negative effect on PPS, it would be an insurmountable task to bring any substantial change to this security in its current state, given the sheer number of shares that are slated to enter the market.
Those that have been here for the past 12 months know now that this company hasn't managed any substantial sales of any of its drink product or krudkleen. It has managed to sell a substantial amount of it's own securities at rock bottom prices during the same time period.
So is this amazingly crafted PR no longer valid?
"On February 19, 2016, FBEC Worldwide, Inc., (“FBEC”) entered into a Lock-up Agreement (the “Lock-up Agreement”) with MIDAM Ventures LLC (“MIDAM”). Pursuant to the Lock-up Agreement, MIDAM will act as the exclusive provider to the Company of the following services: (i) investor relations and public relations, (ii) product marketing; (iii) product development; (iv) day to day business advice; (v) assistance in writing and submission of all press releases and public filings; (vi) fund raising; (vii) optimizing corporate structure: (viii) bookkeeping; and (ix) vendor relations (collectively, the “Services”)."
I wonder if those amateurs are still getting paid by the new CEO.
You think they'll file a lawsuit for FBEC not honoring a contract? Sounds familiar.
I wonder if they are still getting their outrageously priced IR monthly fee and shares.
Another volume trap.
Big block buyers will continue to stay away while these ongoing and upcoming conversions have a negative effect on this securities PPS.
You'd be up 3.5% from open 2 days ago to close today.