Replies to post #38686 on FBEC Worldwide Inc (FBEC)

[stockmasterflash]

i can make a case in my kitchen too

But this company has over $1 million in debt

4 Billlion shares outstanding vs 100 million at the beginning of this year.

Delinquent on it's filings

Has no company headquarters

Has no manufacturing facility

Owes it's CEO $15,000 per month

Has Kurt and Seth Cramer as debtholders which FINRA and the SEC have labeled as "bad actors" meaning the company can do no corporate actions.

Pennystock promoter Adam Heimann owns 66% of the shareholder votes here regardless of the share count, meaning he can do whatever he wants, whenever he wants and shareholders have no say.

What I posted is the total amount of activity the CEO has done for the company in the past 4 months. A "concert" at a nursing home and standing outside a health club giving away free samples.

Last year we had reports of people buying off of their website too. $5,000 in sales for the year. (that's 10 days of salary for the CEO)