Investors Look For Holy Grail Of Beverage Stocks

MIAMI - Sept. 29, 2015 - PRLog -- Sports drinks have a broad range of classification. For the most part, products such as Muscle Milk, Gatorade, Vitamin Water, and other drinks fall into the category of “enhanced beverages.” There are more and more performance and health beverages being marketing to consumers throughout the year. Analysts have analyzed that by 2017, sports drinks could see $9.3 billion in annual sales. This seems like a high number, but let it be known that after a downturn in 2009, the market rebounded and reached up to $6.9 billion in revenues in 2012.

FBEC Worldwide Inc. has been a part of this rebound by making an energy drink. To make their market reach out to an even wider market, the company infuses hemp, a non-psychoactive part of cannabis. FBEC Worldwide works to offer more proprietary products to distribute both domestic and abroad. The current goal is to increase the size of the market by using creative marketing to appeal to more customers. The company effectively uses growth strategies in order to target specific demographic groups.

On Monday afternoon, FBEC Worldwide Inc. announced that the CEO, Jason Spatafora, would officially begin to take steps towards reducing authorized shares by 58%. To look at things more qualitatively, FBEC is trying to reduce the Authorized Shares from 5 billion to 2.1 billion. "After consulting with new corporate counsel regarding the previously stated share reduction amount, I have been advised that the previous 1.5 billion Authorized Share reduction figure could be detrimental as it does not leave the company a prudent reserve or allow for any type of future expansion. As the reduction is made our goal is to leave it reduced, instead of raising it later on,” Spatafora said.

He continued stating "While we progress forward with FBEC Worldwide, Inc.'s hard launch of WolfShot™ we also felt it necessary to update the shareholders on what we are doing from a share structure perspective. This week we set in motion via our counsel and all pertinent parties the reduction of our authorized shares by 58%, from 5 billion to 2.1 billion.” On that day, FBEC was trading with a volume of 457,076. The stock saw lows of $0.0221 and grew 24.43% to $0.0275.