I've gotten a lot of positive feedback on Tuesdays pre-market alert on FLST.
$FLST 25 million share float chart looks like it's bottomed and had more news today keep on lookout, and yes 25 million not 250 million
— TheHonestPenny (@pennycheck) May 6, 2014
The reason I was so on top of this is because I had been eyeing FLST for some time and knew when a nice piece of news would finally hit it, it had a very good chance of moving.
I want to share with you another stock I have been watching for a while now and after today I think it's time will be here shortly. I want you to be familiar with this ticker so when the time comes you'll be ready to make a quick knowledgeable decision.
I want to be clear, I don't contend this stock will go up tomorrow. I contend it will make a move soon. I am just putting this stock which is off many peoples radar's on your radar so you will be ready.
Please read the whole post to understand why I am saying this and make your own decision.
The Stock is FBEC. They are fully reporting with the SEC audited financials.
FBEC Security Details
Share Structure
| Market Value1 | $579,452 | a/o May 06, 2014 |
| Shares Outstanding | 231,781,000 | a/o Nov 15, 2013 |
From following this stock closely I can tell you this stock can make big moves literally on air.
I expect big news to be coming shortly.The company does not PR unless it has solid news. But they must file form 8-k's on march 3rd they filed the following 8-k (the day this filing came out the stock quickly flew to nearly a penny).
Item 1.01 Entry into a Material Definitive Agreement.
Frontier Beverage Company, Inc. (the “Company”) entered into a definitive agreement to acquire Dance Broadcast System Inc. a Delaware Corporation from Vinyl Groove Productions Inc., a Wyoming Corporation as the company moves forward with its expansion plan.
The Company holds 90% of the voting rights, and receives 90% of the profits of Dance Broadcast System Inc. and the Company must raise $1,000,000 for the venture during its first year of operation for the planned Production and Development Re-Launch of the Dance Radio Network and development of new web and mobile applications. This venture will be consolidated in the books and records of the Company.
This is an expansion of the company’s current operations as they continue to grow their holding company business and integrate their entertainment operations, traditional and digital marketing, sponsorships and advertising services. The company will continue seeking new acquisitions.
This venture will be consolidated in the books and records of the Company.
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Item 5.01 Changes in Control of Registrant
On February 1, 2014, Frontier Beverage Company, Inc. (the “Company”) entered into a stock purchase agreement (the “Purchase Agreement”) with Vinyl Groove Productions Inc. pursuant to which, the Company issued 10,000 series “A” (the “Shares”) of the Company’s preferred stock par value, $.001 (“Preferred Stock”) to Vinyl Groove Productions Inc. for 90,000,000 or 90% of the issued or outstanding of Vinyl Groove Productions for an aggregate purchase price of $1,000,000, with voting rights of 66.67% of the issued and outstanding Common Stock of the Company.
There are no arrangements or understandings among the Company and Vinyl Groove Productions Inc. and any of their associates with respect to the election of directors or other nominees, and there are no arrangements, including any pledge by any person of the Company's securities of which may at a subsequent date result in a change in control of the Company.
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The fact that no PR was issued tells me this deal is not some fluff move but big things are in the works. A two weeks ago I e-mailed IR asking about the current share structure and when we will see updates this is his reply:
Yes the authorized is 500mm and 231mm outstanding. No more share have been issued. As far as the direction, without divulging to much, they are currently focusing on the entertainment side of the business in several different areas. There has been on-going discussions related to this and news should be forth coming shortly
The leaders don't just want to put out press releases without some solid news and and confirmation of contracts and ventures.
I hope this helps. While I can't tell you to stay,sell or buy more, I think this company is going in the right direction and will reward the shareholders down the road. A good company takes time to develop that aspect.
I am always available if you need anything else or have additional questions. Feel free to contact me anytime.
Thanks again.
After receiving that e-mail I started watching closer waiting for indication something is going to happen. I think today we got that indicator the stock traded over 7 million shares which is 10 times is daily avg of just 700,000 shares. It also large bids at support levels for the first time in a while. This explosion in volume tells me we are on high alert here.
It might be smart to add a starter here and keep this close on your radar. So if you see FBEC come out with a press release pre-market in the coming days or weeks you'll be ready to get in on the ground floor.
In the OTC world of scammy PR's full of fluff it looks like management over here is the real deal. When news comes it should be good.
Disclaimer: I receive no compensation from anyone for this post, all is my own opinion don't listen to me listen to yourself make your own choices with your money.
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