FBEC Worldwide Inc. CEO Letter to Shareholders

CHEYENNE, WY / ACCESSWIRE / December 2, 2015 / FBEC Worldwide, Inc. (OTCQB: FBEC), a beverage company with intellectual property formulas and marketing capability for the production and distribution of proprietary beverages, is pleased to give this CEO Update.

On Monday November 30th FBEC Worldwide Inc announced our partnership with DuBe(R), a company that has a significant portfolio of products as well as their own version of a Hemp Energy Drink. This partnership was one that did not happen overnight by any stretch of the imagination, in fact I have known about DuBe(R) long before I had even heard of FBEC. The context of which I heard about DuBe(R) was from a conversation I had with another private company trying to acquire or partner with them in some capacity. Either way, I knew who they were and later learned what they were doing from a broader perspective. The DuBe(R)/FBEC partnership is very straightforward for those trying to understand it, but just in case here’s a synopsis.

DuBe(R) is already established in a variety of markets, they have spokespeople, products, are self funded and also have one of the biggest legal commercial grows in the state of Nevada with Green Cross of America (i’ll get back to that later). FBEC partnering with them DuBe(R) means we instantly have additional distribution pipeline that is already established. This means that we save time searching for these distributors that like the idea of a drink with Hemp in it making us more productive and efficient with our time. Instead of trying to convince someone and explain the difference between hemp and cannabis we now have the ability to go right to the decision maker. DuBe(R) on the flip side gets to target areas where our relationships come into play as well as expand their digital footprint. They expand, we expand much quicker than if we went at it alone, simple as that. With that comes more revenue for them and much more revenue for us potentially. Revenue is the key because without having the pipeline to sell WolfShots or DuBe(R) shots or the Ma` brand CBD then we will be like everyone else in this market, and that does not work for me or my shareholders. This market will vastly change in 2016 and it is my unbiased feeling that many companies trying to get their product to market for the last 2 years will go the way of the dodo bird, FBEC plans on standing out by way of revenue & growth. If that sounds like “pie in the sky” then keep in mind that DuBe(R) expects all product sales revenue to reach $2,000,000 for 2015 and that very impressive considering they only started the company in 2014. Also let’s not forget the Ma` Brand and the high end CBD unit we already have made for the United States and Europe. The first 10,000 units that are ready for sale have a retail value of close to $500,000, if we can turn over that retail volume every quarter that’s significant, especially given the high demand for high grade CBD; but I digress, back to DuBe(R).

A question I get sometimes is “Why have two shots?”; for the same reason Coke and Pepsi exist or Monster and RedBull for that matter. Two shots just like the others sets the market, it creates competition and it stomps out other brands. Name another soda similar to Coke or Pepsi in your head…I’m sure it’s not easy, but now you see my point. Just like Coke and Pepsi or Monster and Redbull, we hope that employing a two product approach helps us cannibalize our competition or stops brands from competing all together; keep in mind this is just the shots we are talking about.

This partnership with DuBe(R) and CBD Globe means we have multiple product lines that target different retail locations, that all have the ability to sell any of our products collectively, but we have the ability to lead into each location with the product that best suits their clientele, thus opening the door to get our other lines placed.

Green Cross of America in Nevada is co-funded and co-founded by president and owner of DuBe(R), Phil Restifo. The grow is a large scale commercial grow with multiple licenses related to the cultivation, extraction and creation of EDIBLES, DRINKS ETC. If you are unfamiliar with what the cost of a large commercial grow is then let me give you a conservative figure for the land, the security, the licenses, the legal expense, etc for a grow over 20,000 square feet runs in the millions of dollars. This expense is upfront, not over time, so people interested better have millions of dollars. DuBe(R) in my eyes will eventually have products that contain THC like their shot or the Wolfshot for that matter in states that are legal. This puts FBEC just about as close to the “Green Line” as possible for companies in the United States that are public. In my estimation other companies trying to get a grow or cultivation center that are public will never be able to raise enough money to do so, but they are also running a risk with regulators considering Cannabis is federally illegal. FBEC’s partnership with DuBe(R) put us about as close as a company can get, which makes FBEC WorldWide Inc very unique in the market.

Also I wanted to address another topic unrelated to the great news that has come out in the last few weeks with DuBe(R) and CBD Globe INC and that is on the reduction of the authorized shares (A/S). Most shareholders understand that we took control of FBEC from prior management and inherited everything that was done prior to our takeover. We updated shareholders yesterday on the status of our quarterly report and how we had to figure out the conversion process for our valuation. Once we file our quarterly by close of business Friday we will restart the process of reducing the authorized shares. Had we reduced our shares first that could have potentially created issues for us in the future, so instead of putting the “cart before the horse” so to speak we are doing it this way, mainly because it is the right way to do it. Having the authorized share count the way it is is unnecessary given the growth strategy we have. The process of reducing the Authorized shares will be happen as soon as we can do it, that’s a guarantee.

Regards,

Jason Spatafora
CEO FBEC Worldwide Inc

About FBEC Worldwide, Inc.

FBEC Worldwide is an innovative beverage company dedicated to offering proprietary products focused towards significant target markets, 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 will 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.

As we look ahead, FBEC Worldwide will develop and build name brands focused on strong rates of growth within key fundamental consumer groups. Our company is dedicated to becoming a leading developer of name brand beverage alternatives geared specifically towards large, significantly important demographics within major markets.

About DuBe(R)

DuBe‘s(R) vision of quality and relevance birthed a desire to create an elite brand that will evolve and thrive as the cannabis movement (legalization) transitions from its infancy stage of public adoption into a way of life, while also overcoming barriers of perception and instead promote the many benefits of cannabis & Hemp products.

DuBe‘s(R) goal is to be recognized as a one-of-a-kind lifestyle brand with a reputation for quality product lines, management and operations in the hemp, cannabis and active lifestyle industries. The company offers quality products at competitive prices that will exceed all expectations, surpassing its competitors by being the brand of choice based on its commitment to quality. DuBe(R) will define the industry’s standard for “best practices” in all areas of operations to insure longevity, simultaneously improving on their already excellent relationships industry wide.

About CBD Globe Distributors Ltd.

London based CBD Globe Distributors Ltd (CBDG), creator and owner of the Ma brand, is a focused and energetic young business. The company’s objective is to distribute CBD based products as rapidly and widely as possible, across Europe and overseas using the Ma brand as the prestigious messenger. Firm believers in CBD and the health benefits and integrity of this remarkable product, CBDG’s mission is to expand their range across all categories and to work with the most advanced market leaders in this field.

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company’s operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company’s periodic filings with the U.S. Securities and Exchange Commission.

SOURCE: FBEC Worldwide, Inc.

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