Check out this DD on $FBEC .0028 (5/19) - company has big plans and I/R says that news will be coming soon... Guessing this week since current filings just released... FLOAT 69MIL - News of summer concerts booked will send this flying! Short term targets 0.0045 / 0.0060
Frontier Beverage Company, Inc. operates in two main segments within the live entertainment business, including live music events and talent booking services with continued development of beverage products.
The live music industry includes concert promotion and/or production of music events or tours. Typically, to initiate live music events or tours, booking agents directly contract with artists to represent them for defined periods. Booking agents then contact promoters, who will contract with them or directly with artists to arrange events. Booking agents generally receive fixed or percentage fees from artists for their services. Promoters earn revenue primarily from the sale of tickets. Artists are paid by the promoter under one of several different formulas, which may include fixed guarantees and/or a percentage of ticket sales or event profits. In addition, promoters may also reimburse artists for certain costs of production, such as sound and lights. Under guaranteed payment formulas, promoters assume the risks of unprofitable events. Promoters may renegotiate lower guarantees or cancel events because of insufficient ticket sales in order to reduce their losses. Promoters can also reduce the risk of losses by entering into global or national touring agreements with artists and including the right to offset lower performing shows against higher performing shows on the tour in the determination of overall artist fees.
For music tours, two to nine months typically elapse between initially booking artists and the first performances. Promoters, in conjunction with artists, managers and booking agents, set ticket prices and advertise events. Promoters market events, sell tickets, rent or otherwise provide venues and arrange for local production services, such as stages and equipment.
Frontier Beverage Company, Inc. continues with the development, marketing and distributing New Age/Alternative Beverages and snack products. “New Age/Alternative Beverages” is an industry categorization for a group of products that include energy drinks/infused water, fruit juices and drinks, dairy and dairy substitutes, and bottled/canned teas. Our mission is to supply the highest quality New Age/Alternative Beverages and snack products at the most economical cost to distributors servicing the retail industry and directly to consumers through our website. We believe our service-oriented business model integrates the elements of research, development, product quality assurance, packaging/distribution efficiency, and advanced management systems to generate higher profit margins for our retailers.
Name of Beneficial Owner Shares Percentage Christopher Bailey President, Secretary and Director 6,000,000 2.63% William Coogan Director 3,000,000 1.32% Michael Jamison Director 3,000,000 1.32% All Current Officers and Directors as a group (1 persons) 12,000,000 5.27% Ruben Yakubov Former Officer and Director 15,978,000 7.00%
On October 9, 2013, the Company entered into share exchange agreement to acquire 100% of the issued and outstanding share capital with Gallant Acquisition Corp. (GAC) the 100% owner of all of the issued and outstanding share capital of 22 Social Club Productions (22 SCP) and its subsidiaries, Blue 22 Entertainment and Appquest, Inc. for 140,000,000 common shares of the Company and 5,000,000 shares of common stock of the Company to Appquest, Inc. Effectively, 22 SCP held 89% of the issued and outstanding common shares of the Company and the transaction has been accounted for as a reverse merger, where 22 SCP is deemed to be the acquirer and or the surviving entity for accounting purposes.
The transaction is accounted for using the purchase method of accounting. As a result of the recapitalization and change in control, 22 SCP is the acquiring entity in accordance with ASC 805, Business Combinations. Accordingly, the historical financial statements are those of 22 SCP, the accounting acquirer, immediately following the consummation of the reverse merger.
22 Social Club Productions, Inc. and Blue 22 Entertainment possess certain contracts for the production of live music concerts. The business plan calls for immediate expansion production and development of entertainment content including production of live events, production and development of independent films, reality television and management and talent booking services.
On December 31, 2013, the Company sold 30% shares of 22 Social Club Productions, Inc. to GAC, a related party in return of 100,000,000 restricted common shares from the share exchange agreement entered into on October 9, 2013.
On October 9, 2013, the Company issued 30,000,000 shares of common stock for conversion of notes payable of $150,000 valued at $0.005 per share.
In November 2013, the Company issued 38,000,000 shares of common stock for services rendered of $993,500.
22 Social Club Productions, Blue 22 Entertainment, AppQuest LLC - Continued growth of our company through live event production, artist booking/management services, merchandising, publishing and licensing services, music and film distribution and the development of broadcast programming products, along with the development of new web and mobile apps.
President - MICHAEL JAMISON Mr. Michael Jamison is Chairman of the Board President of Frontier Beverage Company Inc. Mr. Jamison is a seasoned broadcaster and entertainment professional Mike Jamison has up 30 years in the entertainment industry. He has also enjoyed a vibrant career as a Television Meteorologist News Reporter at several TV outlets and then he launched Lexium Entertainment Talent Agency.
Michael Jamison also owns http://www.lexiumentertainment.com/ LEXIUM ENTERTAINMENT & TALENT AGENCY is a global entertainment & talent booking agency that represents top name recording artists for tours, concerts, fairs, festivals, casinos, corporate events, endorsement deals, and all media outlet appearances. We work with many of today's most in demand vocalists and award winning musicians. Our formidable roster is composed of established Current, Classic and Legendary recording artists in Jazz, R&B, Rock, Rap, and Pop music.
In addition, we have an outstanding roster of comedians, theatrical stage plays, speakers and authors.
Response from I/R Thank You for being a shareholder and your patience. Yes the authorized is 500mm and 231mm outstanding. No more share have been issued. As far as the direction, without divulging to much, they are currently focusing on the entertainment side of the business in several different areas. There has been on-going discussions related to this and news should be forth coming shortly The leaders don't just want to put out press releases without some solid news and and confirmation of contracts and ventures.
I hope this helps. While I can't tell you to stay,sell or buy more, I think this company is going in the right direction and will reward the shareholders down the road. A good company takes time to develop that aspect.
I am always available if you need anything else or have additional questions. Feel free to contact me anytime.
Thanks again.
Alain Lewand Managing Director Institutional Analyst Chicago 312-339-3017
Michael Jamison became President of the Company on January 2, 2014. His term on the Board of Directors of was extended through December 31, 2014. The Company has chosen to cease the use of its subsidiary Appquest immediately. The beverage division will change its marketing strategy to outsourcing its product distribution. In addition to the salary of $8,000 per month, the Executive shall be granted Eight (8) Million Shares of the common stock as of January 2, 2014 or sooner should the Company be sold or there is a change of ownership.
In January, the Company contracted Alain Lewand to provide Investor Relation services with the payment of 3 million restricted common shares with a value of $11,400. William Ballou was contracted to provide data base services receiving 2 million restricted common shares with a value of $7,600.
On January 24, 2014, the Company filed amendment to the Articles of Incorporations with a designation of the preferences for the Series A Preferred Stock which provides for the voting rights of 66.67% of all votes regardless of the number of outstanding common shares.
On February 1, 2014, the Company purchased 90% of Vinyl Groove Productions, Inc. with issuance of 10,000 Series A Preferred shares creating a change of control. William Coogan is the beneficial owner and control party. This acquisition will be accounted for as a reverse acquisition.
In February 2014, the Company contracted Britishmania to provide concert services for 2,000,000 restricted common shares valued at $7,600. 5,000,000 restricted common shares were issued to hold a potential acquisition.
In February 2014 the Company entered into a $50,000 debenture agreement and received an initial $10,000 with original issue discount of 10%, interest rate of 8% and matures January 5, 2015. The note is convertible at 50% of three lowest intraday trading prices during 15 days prior to conversion.
On March 5, 2014, the Company entered into employment agreement with William Coogan with a term of thirty days that may be extended. In addition to the salary of $5,000 per month, the Executive shall be granted Three (3) Million Shares of the common stock as of April 5, 2014 or sooner should the Company be sold or there is a change of ownership.
On December 31, 2013, the Company sold 30% shares of 22 Social Club Productions, Inc. to GAC, a related party in return of 100,000,000 restricted common shares from the share exchange agreement entered into on October 9, 2013. GAC held 30% of the outstanding common shares after this transaction.
On February 3, 2014, the Company entered into a stock purchase agreement receiving 90% of Dance Broadcast Systems, Inc. from Vinyl Groove Productions, Inc., and issuing 10,000 Series A Preferred shares with a voting privilege of 66.67% of all outstanding shares regardless of the number of common shares outstanding, to Vinyl Groove Productions, Inc. The transaction has been accounted for as a reverse merger where Dance Broadcast Systems, Inc. is deemed to be the acquirer and the surviving entity for accounting purposes.
The transaction is accounted for using the purchase method of accounting. As a result of the recapitalization and change in control, Dance Broadcast Systems, Inc. is the acquiring entity in accordance with ASC 805, Business Combinations. Accordingly, the historical financial statements are those of Dance Broadcast Systems, Inc., the accounting acquirer, immediately following the consummation of the reverse merger. Dance Broadcast Systems, Inc. was incorporated on January 13, 2014.
22 Social Club Productions http://www.22socialclubprod.com/ "Our Mission is for continued growth and success with the introduction of new Entertainment Products, Services and Concepts through our in-house productions and global partner network!" Our goal is to sign 22 artists to our exclusive 22 Social Club Productions Family By the end of 2014! About The ALL NEW ENTERTAINMENT COMPANY with EVERYTHING EVERY ARTIST NEEDS....Artist Development, Distribution, Talent Booking, Live Concert Events and More!! "A Unique Opportunity For A Chosen Few!" Mission “Our Mission is for continued growth and success and the introduction of new Entertainment products, services and concepts through in-house production and via our global network partners for increased revenue growth and profitability!” Company Overview Our Company is led by Entertainment Professional Billy Jon Coogan, an experienced Musician and Entertainment Professional with many years experience. 22 SOCIAL CLUB PRODUCTIONS offers Diversified Entertainment Services that include artist development and Live Events as then continue development of their video productions and broadcast programming products and merchandising, publishing services.
The idea for the company was born out of a long standing family tradition. In the 1950’s friends a family living in the Bronx, NY started a club, The 22 Social Club that produced Live Events and Lounges Shows etc. So to continue with the tradition and expand the scope Mr. Coogan developed The 22 Social Club Productions. With the demand for new entertainment content and programming and the growth of the broadcast and media world “Content is King” and our network of professionals and the addition of new professionals joining the network the company’s future growth plan looks promising and prosperous.
About VINYL GROOVE PRODUCTIONS, a LIVE EVENT TALENT SERVICE promoting and co-promoting MUSIC ARTISTS of ALL GENRE; ROCK, DANCE, FREESTYLE, RnB and TRIBUTE ACTS. Company Overview VINYL GROOVE PRODUCTIONS, promoting & co-promoting LIVE EVENTS, from Clubs to Large Venues with Major and Independent Artists. VINYL GROOVE PRODUCTIONS, also handles booking for Tribute Acts, such as BRITISHMANIA (Beatle Tribute), EMPTY SKY (Elton John Tribute) and Dance / Freestyle Recording Artists such as JOYCE SIMMS. Also, with a Major Network of promoters, producers, we will have access to Major RnB Artists. Description VINYL GROOVE PRODUCTIONS, the BEST in LIVE EVENT TALENT SERVICES, working with 22 SOCIAL CLUB PRODUCTIONS and BLUE 22 ENTERTAINMENT, will be handling ARTISTS in all genre, ROCK, DANCE, FREESTYLE, R & B and TRIBUTE ACTS; with such acts, BRITISHMANIA (BEATLES TRIBUTE), EMPTY SKY (ELTON JOHN TRIBUTE), Dance Recording Artist JOYCE SIMMS and much more..
Frontier Beverage Company, Inc. owns 22 Social Club Productions, Inc. and Blue 22 Entertainment Bought in Oct 2013 140 Million common shares, and 12/31/13 the Company sold 30% of 22 Social Club Productions, Inc for the return of 100,000,000 restricted common shares originally issued for the purchase on October 9, 2013.
From 10K 22 Social Club Productions, Inc. and Blue 22 Entertainment possess certain contracts for the production of live music concerts. The business plan calls for immediate expansion production and development of entertainment content including production of live events, production and development of independent films, reality television and management and talent booking services. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9923930
Many live Music Concerts coming this summer 2014, FBEC will have PR’s & Revenue for shareholders
FBEC is a buy at this low price, company has a plan & things will unfold soon
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