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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 9 - SUBSEQUENT EVENTS

 

Management has evaluated subsequent events through the date of the filing of this report.

 

Effective August 1, 2016, FAB’s Board of Directors spun-off Liberated Syndication Inc. in 1 for 1 stock dividend.  Each shareholder of FAB received 1 share of common stock of Libsyn for each share of FAB held as of the record date, July 20, 2016.  The transaction was recorded as a reverse spin-off.