SOURCE: FBEC Worldwide, Inc.

FBEC Worldwide, Inc.

August 19, 2015 09:00 ET

FBEC Worldwide Reports Upward Trend in Assets and Equity

FBEC Company Growth in Revenues and Equity Is Imminent

CHEYENNE, WY--(Marketwired - Aug 19, 2015) - FBEC Worldwide Inc. (OTCQB: FBEC), an innovative beverage company designed to compete with the global energy drink market is pleased to announce that the company is showing strength and growth pursuant the most recent quarterly filing ending June 30, 2015.

On August 14, 2015 FBEC filed its quarterly report ending June 30, 2015. According to the auditor, Malone-Bailey, this report indicates an increase in its assets of $128,465 as compared to the previous year. There was also a decrease in the Company's derivative liabilities ending June 30, 2015 as compared to the previous year. The derivative liabilities ending June 30, 2015 were $679,223 as compared to $902,551 ending December 31, 2014.

Robert Sand, Chairman and Chief Executive Officer, stated; "When I came aboard in April-2015 my immediate objective was to make sure that the existing shareholders had a company that was current with public disclosure with a plan moving forward. This plan was to build upon the existing beverage asset of FBEC and strengthen its intellectual property as well as provide a clear path to revenues. Our company will report its first revenues on the new 'Wolf-Shot" beverage for the period ending September 30, 2015."

FBEC became current in its filings on June 29, 2015 when it filed the 10-Q for the period ending March 31, 2015. Previous to this filing the company filed its 10-K on June 23, 2015 for the year ending December 31, 2014.

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. Through our relationships with key industry figureheads, FBEC Worldwide looks to corner the market built on the preface that our product and recipes will not be duplicated or reverse engineered.

The Company's current product, WolfShot, holds a proprietary blend of herbal ingredients including hemp infused natural fruit extracts, probiotics, amino acids and FDA approved, clinically tried buffered caffeine. Due to the clinical nature and agreements in place, FBEC will become the only energy drink company to say that it can truly reprogram the body's response to regular caffeine and prevent the adverse effects of traditional caffeinated products including adrenal exhaustion and other metabolic drawbacks.

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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