FBEC Worldwide Inc (FBEC)

[Rock7768]

Confusing.




So yesterday we paid off a 50K Convertible Redeemable 8% Note issued by Union Capital, LLC on 12-24-2015 for 140%.

This is supposedly good news for a note that doesn't come due until 12-24-2017. Not sure why some think that spending 71K plus was such a great piece of news.

Curious where the "company" came up with 71K plus. Hopefully we find out sooner rather than later.

I guess I did not realize the "company" took out yet another Convertible Redeemable Note.

Must have missed the 8K or 10Q or some other filing that came out letting shareholders know.

Still waiting on that alleged e-mail between Hammans and the "company".