FBEC Worldwide Inc (OTCMKTS:FBEC) shares dipped 3.99% and were flat in after-hours trading. The company has a market cap of $4.22 million at 174.85 million shares outstanding. Share prices have been trading in a 52-week range of $0.00 to $0.07.
FBEC Worldwide Inc is a company that is engaged in the sale of hemp-based energy products. It operates a sales, distribution and marketing business for the promotion and sale of hemp-based energy drinks, such as Wolf Shot. In addition, the company has entered into approximately two joint venture agreements to market, distribute and promote over two additional lines of hemp-based energy drink products.
In a recent press release, FBEC Worldwide Inc shared that it has received a purchase order for 35,000 units of WolfShot from Four Link USA, Inc. These are intended for distribution within the Northeast USA. In particular, Four Link will be placing WolfShot within multiple convenience stores within the northeast including 7-11 & ShopRite.
” This is a great step forward for FBEC. The WolfShot™ brand will finally be getting the exposure it deserves. We are currently hard at work to get more purchase orders within other regions of the USA as we make a hard push for our WolfShot™ brand of Healthy Hemp™ Energy Shots. We will be putting out an 8k shortly to include the full details of this purchase order,” said FBEC Worldwide Inc CEO Jeff Greene.
In line with this, FBEC Worldwide Inc is still in the process of developing and building Healthy Hemp™ & CBD infused consumer products, focusing on strong growth rates within key fundamental consumer groups. The company aims to be the lead developer of name brand hemp & CBD infused consumer products.
One of the ways in which it expands its market reach is through the optics of creative marketing and most importantly customer satisfaction. Its growth strategies are focused 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.
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