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This document serves as a definitive information statement provided by FBEC Worldwide, Inc. to notify stockholders of the authorization to increase the number of authorized shares of common stock to 7,000,000,000, as approved by the Board of Directors and a majority stockholder. It outlines the implications of such an increase and the rationale behind it, emphasizing potential growth and investment opportunities for the company.
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What is form def 14c?
Form DEF 14C is a filing required by the Securities and Exchange Commission (SEC) for certain companies to provide shareholders with information about a proposed action that requires shareholder approval, typically related to corporate governance matters.
Who is required to file form def 14c?
Companies that are publicly traded and are planning to solicit shareholder votes on certain corporate matters, such as mergers or significant corporate changes, are required to file Form DEF 14C.
How to fill out form def 14c?
To fill out Form DEF 14C, the filing company must provide detailed information, including the nature of the proposed action, the rationale behind it, and financial implications. The form must be completed in accordance with SEC guidelines and may require the assistance of legal or financial advisors.
What is the purpose of form def 14c?
The purpose of Form DEF 14C is to ensure that shareholders are fully informed about significant corporate decisions that may affect their rights and investments, allowing them to make informed voting decisions.
What information must be reported on form def 14c?
Form DEF 14C must report information such as the details of the proposal, the reasons for the proposal, any material risks involved, any financial aspects, and the voting procedures that will be followed.
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