FBEC Worldwide Inc (FBEC)

[Jon Bovi]

It takes one board meeting, a couple signatures and some postage to get it done in a perfect world. 30 days is ample time to accomplish that if all the "ducks are in a row" as they say.

Whatever problems they are having with that process whether intentionally delaying or not, FBEC hasn't disclosed. If they don't have the vote to do it from the SHs it won't get done.

As I recall there was some mention of the old CEO being vested a great deal of shares. Those shares while supposedly not trade-able, should carry a vote.

Look to who controls the vote and you will see who controls the company. The CEO answers to them.