Attached files
| file | filename |
|---|---|
| EX-23 - EXHIBIT 23.1 - PETRONE WORLDWIDE, INC. | ex23.htm |
| EX-21 - EXHIBIT 21.1 - PETRONE WORLDWIDE, INC. | ex21.htm |
| S-1 - FORM S-1 - PETRONE WORLDWIDE, INC. | pfwis1.htm |
Exhibit 5.1
LEGAL& COMPLIANCE, LLC
|
LAURA ANTHONY, ESQ. LAZARUS ROTHSTEIN, ESQ. CHAD FRIEND, ESQ., LLM MARC S. WOOLF, ESQ.
OF COUNSEL: JOHN CACOMANOLIS, ESQ. CRAIG D. LINDER, ESQ. PETER P. LINDLEY, ESQ., CPA, MBA STUART REED, ESQ. |
WWW.LEGALANDCOMPLIANCE.COM WWW.SECURITIESLAWBLOG.COM WWW.LAWCAST.COM
DIRECT E-MAIL: LANTHONY@LEGALANDCOMPLIANCE.COM |
February 3, 2017
Petrone Worldwide, Inc.
2200 N. Commerce Parkway
Weston, Florida 33326
Re: Petrone Worldwide, Inc. Registration Statement on Form S-1
Gentlemen:
We have acted as counsel for Petrone Worldwide, Inc., a Nevada corporation (the “Company”), in connection with the registration under the Securities Act of 1933, as amended (the “Act”) of 7,506,942 shares of common stock (the “Registered Shares”) offered for resale by that certain selling stockholder (the “Selling Stockholder”) named in the Company’s registration statement on Form S-1 (the “Registration Statement”), filed by the Company with the Securities and Exchange Commission on February 3, 2017.
We have examined originals or certified copies of such corporate records of the Company and other certificates and documents of officials of the Company, public officials and others as we have deemed appropriate for purposes of this letter. We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to authentic original documents of all copies submitted to us as conformed and certified or reproduced copies.
Subject to and in reliance upon the foregoing, we are of the opinion that the Registered Shares have been validly authorized and are validly issued, fully paid and non-assessable.
We express no opinion with regard to the applicability or effect of the law of any jurisdiction other than, as in effect on the date of this letter, (a) the internal laws of the State of Nevada; and (b) the federal laws of the United States.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to our firm under the caption “Legal Matters” in the Registration Statement. In so doing, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Act and the rules and regulations of the Securities and Exchange Commission promulgated thereunder.
| Legal & Compliance, LLC | ||
| By: | /s/ Laura Anthony | |
| Laura Anthony, Esq. | ||
330 CLEMATIS STREET, #217 ● WEST PALM BEACH, FLORIDA ● 33401 ● PHONE: 561-514-0936 ● FAX 561-514-0832
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