FBEC Worldwide Inc (FBEC)

[Rock7768]

From social media:

"Remuda Capital Group ?@RemudaCapital · May 2

Regarding $FBEC, It appears the stock fell after concerns the 10K wouldn't be filed on time. We have until Monday so let's see what happens"

Which Monday? This was posted on May 2, a Monday.

Different rules for different fools I guess.

Its not that the K is actually filed. That shouldn't be regarded as some high achievement by any standard. Its late, whatever "excuse" is used.

Its late in part because someone has to figure out the old "CEO's" self-served 50K Christmas bonus on 12-24-2015. In part because some "accounting firm" has to deal with that issue. Won't know about the "dealing with it" part, which occurred on 04-19-2016, until the Q for the second quarter, which of course we were into the second quarter when it was "dealt with". So that Q wont be available until mid August, if then. Still don't know what method was used to "deal with it".

Its what information the K contains that matters, and how that information is factually analyzed that matters most. Unaudited, of course.

Of course the "company" may now have an "accounting firm" on board. Who knows.