FBEC Worldwide Inc (FBEC)

[Jon Bovi]

This Midam Ventures company has been taking a fee every month as well as the shares it was originally issued that is not inclusive of these now 150 millions with the supposed 100 million being retired through some accounting magic.

In the 6 months since they became involved as the IR firm the PPS has dropped 61%.

Now the company is getting even deeper involved in that they are not able to approach other entities with a better grasp of what is involved in proper awareness and promotion.

The company has officially handcuffed itself to a fledgling pump group.

This is not good news for any of us that hold shares.

Would like to see where the value here is.