FBEC Worldwide Inc (FBEC)

[Jon Bovi]

FBEC This may be one example.

"Item 1.01 Entry into a Material Definitive Agreement

On June 17, 2015 the Company entered into a Consulting Agreement and Engagement Letter with Midam Ventures, LLC for purposes of providing business advisory services for creating market awareness of the Company’s products within the guidelines and regulations of OTC Markets and the Securities and Exchange Commission. Midam Ventures LLC will be working with the Company’s Investor Relations consultant, John Mattio, President of Lamina International. The term of the agreement is for ten (10) months. In addition to and not in mitigation of, or substitution for, any additional fees enumerated in any services provided, the Company shall issue to Midam Venture LLC consideration of Ten Million (10,000,000) restricted common shares as consideration for the term of this Engagement. The restricted common shares will be issued in 10 equal monthly installments commencing on the date of this agreement and each thirty (30) days thereafter. There is a 6 month maturity restriction at the time the shares are issued, and the current market value of the 10,000,000 restricted common shares is approximately $600,000. Please refer to Exhibit 10.1.
"

Enriching himself and his associates on the backs of shareholders.

It's not even a good deal imo LOL.