FBEC Worldwide Inc (FBEC)

[Value_Investor]

8-K filed today which confirms the AS is 2.97B shares now! A new President was appointed to replace Thomas Crom! Hope to hear some news or updating from Ian Hobday!


Folks, Let's call the company or email the CEO and President! Let them issue the debts reduction news ASAP in order to clear out the remaining debts (my estimation: around $60K now) since FBEC needs some good news to hold the bid support at 0.0001 to avoid the ask to drop to 0.0001! I've already done so.

http://www.otcmarkets.com/stock/FBEC/news

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10263585

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Frontier Beverage Company Inc. (the "Company") held a Board of Directors meeting on October 21, 2014 (the " Meeting") and approved the hiring of Ian Hobday as President and Director to serve on the Board of Directors as of November 1, 2014. The company also has accepted the resignation of William Coogan from all positions, CEO, Secretary and Chairman of the Board of Directors effective November 1, 2014. The Company has accepted the resignation of Thomas Crom as President effective November 1, 2014. There were no disagreements between the Company by either resigning party.

The contract with Mr. Hobday will be filed as an exhibit when effective via an amendment to this Form 8-K.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On October 16, 2014, the Company filed a Certificate of Amendment to amend the company Articles of Incorporation with the Secretary of State of the State of Nevada (the "Amendment"). The Amendment increases the number of authorized shares of common stock, par value $0.001 per share ("Common Stock"), from 1,970,000,000 shares to 2,970,000,000 shares so that company can meet its obligations with its ability for debt reductions. The Company's stockholders approved the Amendment via consent.