Business
FBEC Worldwide, Inc. Announces 50,000,000 Shares of Common Stock to be retired, immediately
FBEC Worldwide, Inc. Announces 50,000,000 Shares of Common Stock to be retired, immediately.
About this update from Fbec Worldwide, Inc.
[{"type":"text","content":"\n\n\n\nFBEC Worldwide, Inc. Announces 50,000,000 Shares of Common Stock to be retired, immediately\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nFBEC Worldwide, Inc. Announces 50,000,000 Shares of Common Stock to be retired, immediately\nPR Newswire\nCHEYENNE, Wyo., Mar. 31, 2016\n\n\n\nCHEYENNE, Wyo., Mar. 31, 2016 /PRNewswire/ -- FBEC Worldwide, Inc. (FBEC), a  lifestyle brand company with a focus on hemp & CBD infused consumer products, is pleased to announce 50,000,000 common shares will be retired immediately.\n\nFBEC has been informed by Midam Ventures LLC that they will be retiring 50,000,000 shares back to the Company's Treasury immediately.\n\nMidam's managing partner Adam Heimann stated, \"Myself and the entire MIDAM team care deeply about the longevity and success of FBEC Worldwide, Inc. We know that success and longevity is contingent upon many things. While we can't do everything, we can certainly do our part. We are retiring 50,000,000 shares of FBEC common stock in an effort to further improve its capital structure. We believe in this company and will do everything within our power to see it succeed.\"\n\nCEO Jason Spatafora said, \"I got the call from Mr. Heimann this morning, and to say I was floored would be an understatement. It is such a rarity to work with people & companies that truly believe and support you & your company's efforts. MIDAM Ventures & Adam Heimann have shown such support.\" \n\nAbout FBEC Worldwide, Inc. \n\nFBEC Worldwide is a lifestyle Brand Company with a focus on hemp & CBD infused consumer products, both domestic and abroad. We are committed to increasing our market size and scope through the optics of creative marketing and most importantly customer satisfaction. Our growth strategies focus on a number of major initiatives, including unique branding opportunities that will be targeted at key demographic groups and to develop strong community and distributor relationships.\n\nFBEC Worldwide is currently developing and building hemp & CBD infused consumer products, focused on strong rates of growth...