FBEC Worldwide Inc (FBEC)

[nedmorlef]

I raised this question several weeks ago to crickets. I've never seen it done this way and I assume that nobody else knew what was going on either.
If you go to Yahoo and look at the company profile, for several months it said, they were looking for partners. That implied to me that ,you buy into the company or buy the company outright and do a reverse merger. Maybe something like a SPAC. Therefore, taking on all the shares. Maybe even the debt and assets.
It read like, you're buying a rusted out muscle car just for the VIN number and the title. But all the rust comes with it.
But now that has been changed back to the original company profile of fbec worldwide. So all the IPO talk didn't make sense.
I had considered selling thinking that, what if they just bought the letters and everything else got tossed into a tax write-off. Maybe they get it all and a tax write-off.
I'm concerned because, I could have sold at 29 a couple days before it went expert and made a nice profit. Now I'm thoroughly confused by this whole process.