SOURCE: FBEC Worldwide, Inc.

FBEC Worldwide, Inc.

June 09, 2015 16:15 ET

FBEC Worldwide Corporate Update

H.E.M.P.™ Beverage Line to Compete With RedBull and Monster Energy Drinks

CHEYENNE, WY--(Marketwired - Jun 9, 2015) - FBEC Worldwide, Inc. (OTC PINK: FBEC), a beverage company with intellectual property formulas and marketing capability for the production and distribution of proprietary beverages including H.E.M.P.™-branded energy shots and drinks, today provided an update on the Company's pending SEC filings, its expected business growth and product roll outs for the second half of the year.

The Management Team of FBEC Worldwide concluded a conference call with its auditor, MaloneBailey, LLP. (the "Auditor"), on which the Company was informed the Auditor is in the final stages of completing the Company's FY2014 10-K and 1Q2015 10-Q, although the process will require another 3-5 business days to complete the work. Specifically, the Auditor stated that they are close to completing the work and are simply finalizing the confirmations.

Robert Sand, CEO, stated; "We have a number of actions running simultaneously; the launch of our new website, the acquisition of intellectual property for our hemp formulas, the manufacturing and packaging processes to build inventory, establishing distribution channels, the securing of shelf space, and of course, our public market responsibilities including SEC filings, maintaining liquidity of our shares and shareholder equity. I will continue to inform our shareholders and the public of our progress in all of these endeavors. We have a strong team of experienced professionals as our driving force to deliver one of the most innovative beverage products of its time. Our product platform is designed to be competitive with the likes of Red Bull and Monster in the fast-growing, multi-billion dollar energy drink market, while offering a more effective, great tasting and better balanced energy drink."

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.

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