Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines

FAMILY ROOM ENTERTAINMENT CORPORATION

22600-C Lambert Street

Suite 902

Lake Forest, CA 92630

949-689-061

Website: https://fmlyroom.com/

Email: markcheung@fmlyroom.com

SIC Code: 5251

Quarterly Report

For the Period Ending: September 30, 2021

(the "Reporting Period")

As of September 30, 2021, the number of shares outstanding of our Stock was:

Common: 71,962,493

Preferred: 1,621,625

As of June 30, 2021 (Prior Fiscal year-end), the number of shares outstanding of our Stock was:

Common: 71,962,493

Preferred: 1,621,625

As of June 30, 2020 (prior Fiscal year-end), the number of shares outstanding of our Stock was:

Common: 71,962,493

Preferred: 1,621,625

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):

Yes:

No:

Indicate by check mark whether the company's shell status has changed since the previous reporting period:

Yes:

No:

Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:

Yes:

No:

1 "Change in Control" shall mean any events resulting in:

  1. Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the
    Company's then outstanding voting securities;
  2. The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
  3. A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
  4. The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
  1. Name and address of the issuer and its predecessors (if any)

In answering this item, please also provide any names used by predecessor entities and the dates of the name changes.

Family Room Entertainment Corporation: since 5-22-2000

Cobb Resources Corporation: Since 5-15-1969

Date and state (or jurisdiction) of incorporation (also describe any changes to incorporation since inception, if applicable) Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):

New Mexico Corporation originally organized and incorporated: 5-15-1969

Current standing: Active

Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors:

None

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

Acquired Safestarr Inc. in October 2018, a California corporation.

Address of the issuer's principal executive office and place of business:

Check box if principal executive office and place of business are the same location:

22600-C Lambert Street

Suite 902

Lake Forest, CA 92630

Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in the past five years?

Yes:

No:

2)

Security Information

Trading symbol:

FMYR

Exact title and class of securities outstanding:

Common

CUSIP:

30705R 20 4

Par or stated value:

$0.001

Total shares authorized:

2,000,000,000 as of date: September 30, 2021

Total shares outstanding:

71,962,493 as of date: September 30, 2021

Number of shares in the Public Float2:

6,679,671 as of date: September 30, 2021

Total number of shareholders of record:

1,017 as of date: September 30, 2021

2 "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.

Trading symbol:

n/a

Exact title and class of securities outstanding:

Preferred

CUSIP:

n/a

Par or stated value:

$0.001

Total shares authorized:

5,000,000

as of date: September 30, 2021

Total shares outstanding:

1,621,625

as of date: Sept 30, 2021

All additional class(es) of publicly traded securities (if any):

None

Transfer Agent

Name:

Signature Stock Transfer, Inc.

14673 Midway Road, Suite 220, Addison, Texas 75001

Tel: 972-612-4120

Email:

signaturestocktransfer@msn.com

Is the Transfer Agent registered under the Exchange Act?3 Yes:

No:

  1. Issuance History

The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.

Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares or any other securities or options to acquire such securities issued for services. Using the tabular format below, please describe these events.

A. Changes to the Number of Outstanding Shares

Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods:

3 To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.

Shares

outstanding as of

Second Most

Opening Balance:

Recent Fiscal

Year end

6/30/2018

Common: 43,072,234

Preferred: 3,535,581

Date of

Transaction type (e.g. new

Value of

Were the

Reason for share issuance (e.g. for cash

Restricted or

Exemption or

Number of Shares

shares issued

shares issued Individual/ Entity Shares were issued to (entities must have

Unrestricted

issuance, cancellation, shares

Class of Securities

or debt conversion) OR Nature of

Registration

Issued (or cancelled)

($/per share)

at a discount

individual with voting / investment control disclosed).

as of this

Transaction

returned to treasury)

Services Provided (if applicable)

Type?

at Issuance

to market

filing?

Common Stock

7/1/2018

New issuance

2,072,650

Common

0.0200 no

Charlie Abujudeh

Debt conversion

Restricted Exempt

8/31/2018

Cancellation

(10,000,000)

Common

0.0200 no

James Haas - Cancellation

Consulting fees

Restricted Exempt

8/31/2018

Cancellation

(10,000,000)

Common

0.0200 no

Owen Naccarato - Cancellation

Consulting fees

Restricted Exempt

8/31/2018

Cancellation

(5,000,000)

Common

0.0200 no

Maqsood Rehman - Cancellation

Consulting fees

Restricted Exempt

8/31/2018

Cancellation

(1,500,000)

Common

0.0200 no

Justin Wall - Cancellation

Consulting fees

Restricted Exempt

8/31/2018

Cancellation

(291,667)

Common

0.0200 no

Qin Media Limited - Justin Wall

Consulting fees

Restricted Exempt

9/4/2018

New issuance

30,000,000

Common

0.0200 no

Mark Cheung

Consulting fees

Restricted Exempt

9/14/2018

New issuance

159,295

Common

0.0100 no

Longview Fund L.P. - Michael Rudolph

Convert Preferred Shares

Restricted Exempt

11/1/2018

New issuance

25,000,000

Common

0.0200 no

Jason DeSalvatore

Acquisition - Safestarr

Restricted Exempt

12/12/2018 Cancellation

(6,000,000)

Common

0.0620 no

Greengro Technologies, Inc. - James Haas

Cancel Weed Wall acquisition

Restricted Exempt

Balance 6/30/2019

67,512,512

7/8/2019

Debt Conversion

2,600,581

Common

0.0200 no

Intermarket Associates, LLC - Charlie Abujudeh

Convertible Debt Coversion

Restricted Exempt

7/8/2019

Debt Conversion

1,849,400

Common

0.0200 no

Intermarket Associates, LLC - Charlie Abujudeh

Convertible Debt Coversion

Restricted Exempt

Balance 6/30/2021

71,962,493

New Issuance

0

Balance 9-30-2021

71,962,493

Preferred Stock

6/5/2018

Conversion

(366,081)

Preferred

no market no

Greg Terkovich

Debt

n/a

Exempt

9/14/2018

Conversion

(1,647,875)

Preferred

no market no

Longview Fund L.P - Michael. Rudolph

Debt

n/a

Exempt

Series A

1,521,625

10/1/2018

New issuance

50,000

Preferred

no market no

Mark Cheung

Acquistion

n/a

Exempt

10/1/2018

New issuance

50,000

Preferred

no market no

Jason Salvatore

Acquistion

n/a

Exempt

Series B

100,000

Balance 6/30/2021

1,621,625

New issuance

0

Balance 9/30/2021

1,621,625

Share Outstanding on Date of this Report

Ending Balance

Ending Balance

Date:

September 30, 2021

common:

71,962,493

Preferred:

1,621,625

B. Debt Securities, Including Promissory and Convertible Notes

Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.

Check this box if there are no outstanding promissory, convertible notes or debt arrangements:

Conversion Terms (e.g.

Reason for

Date of Note Issuance

Outstanding

Principal Amount at

Interest Accrued ($) Maturity Date

pricing mechanism for

Name of Noteholder

Issuance (e.g.

Interest Rate

Balance ($)

Issuance ($)

determining conversion of

Loan, Services,

instrument to shares)

etc.)

Convertible Notes

7/12/2017

$

51,825

$

37,582

$

14,243

7/12/2018 par value

Charlie Abujudeh

Assignment

4%

5/2/2017

$

1,882

1,547.00

$

335

5/2/2018 oar value

Charlie Abujudeh

Assignment

4%

3/16/2018

$

36,798

31,142.00

$

5,656

3/16/2019 par value

Abraham Abu

Assignment

4%

7/6/2015

$

11,615

9,008.00

$

2,607

7/5/2016 par value

Abraham Abu

Assignment

4%

6/25/2011

$

255,309

118,482.00

$

136,827

6/24/2012 $30.00 per share

Charlie Abujudeh

Assignment

6%

357,429.37

197,761.00

Notes Payable

-

9/5/2018

245,266.00

245,266.00

-

on demand

Charlie Abujudeh

Loan

0%

9/5/2018

28,830.00

28,830.00

-

on demand

Owen Naccarato

Loan

0%

274,096.00

Total September 30, 2021

$

471,857

$

159,668

  1. Financial Statements
  1. The following financial statements were prepared in accordance with:
    U.S. GAAP
    IFRS
  2. The financial statements for this reporting period were prepared by (name of individual)4:

Name:

Michael Berg

Title:

n/a

Relationship to Issuer:

Consultant

Financial Statements are incorporated by this reference.

4 The financial statements requested pursuant to this item must be prepared in accordance with US GAAP or IFRS by persons with sufficient financial skills.

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Family Room Entertainment Corporation published this content on 10 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 December 2021 20:21:07 UTC.