FBEC Worldwide Inc (FBEC)

[Thomas91882]

There is no disclosure to verify anything !

We will need to wait to read the 10-Q ending September 30, 2015. There is no other current disclosure to confirm any product inventory, product sales, affiliate loans made to FBEC, distribution sources, or how Heimann purchased the 1,000 Preferred Shares on September 10, 2015 to oust Robert Sand from the helm of FBEC.

The true missing disclosure is what agreement was made between Robert Sand, Jason Spatafora, Adam Heimann and Mathew McMurdo in order to allow Robert Sand possession of 203,000,000+ common shares of FBEC / $6,000,000+ worth of FBEC shares, after an 8K was filed saying the following:

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


Effective at 10 P.M. EDT September 10, 2015 the employment contract for Robert Sand was suspended pending the outcome of a corporate investigation related to his activities as Chief Executive Officer and Chairman of the Board of Directors, for actions detrimental to the corporation, conflicts of interest, breaches of fiduciary responsibility and potential fraud. A corporate investigation of his actions is underway and all legal and equitable actions that can be taken by the corporation for recovery of assets or capital have been approved.

Adam Heimann and Joseph Spatafora were nominated to the Board of Directors to fill the vacancies. This action was taken at the consent of 66.67% of the shareholders votes capable of voting on the removal of the members of the board of directors and was then approved by the newly appointed Board of Directors.

Mr. Heimann was elected as the President and Chairman of the company with Mr. Spatafora as Secretary/Treasurer. Additional officers and directors will be added as they are qualified and agree to their inclusion.

Employment contracts with Mr. Heimann and Mr. Spatafora will be filed separately as they are agreed to.

The Company received and accepted the resignation of Michael Wilcox as a member of the Board of Directors.