FBEC Worldwide Inc (FBEC)

[Jon Bovi]

In April 2016, the Company entered into a convertible debt agreement with a principal amount of $150,000 with 8% interest per annum. This note is convertible at a fixed rate of $.0008. These notes are convertible any time after 179 days from the date of the note at the option of the holder.

When in April?
I can't see an 8k about it.
Is that October? September?
Is my math right, this could be up to 187,500,000 shares?