FRESNO, Calif., Sept. 17, 2012 /PRNewswire/ -- Black Castle
Developments Holdings, Inc. (Pink Sheets: BCDH), a holding company
targeting the acquisition of undervalued, niche companies,
announced that its acquisition of Global Force has the potential to
bring, to Black Castle, conservative revenues of $5m for the year 2013, $17m for the year of 2014, and $35m for the year 2015. Currently
eco.kid's global sales (excluding the
United States) are $20m per
year. The explosive growth of eco.kid is expected to have products
placed in over 50 regional retailers, including TARGET.COM and
AMAZON.COM, within the next 30 days. More than 100
organic/health food retailers, including Whole Foods Market and
Trader Joe's, are anticipated to begin stocking eco.kid in the
third quarter of 2012.
Previously, eco.kid was sold exclusively on an international
basis in over 20 countries. Now available in the United States exclusively by Global Force,
a soon-to-be 100% owned subsidiary of BCDH. eco.kid is
certified organic and FDA-approved as a hair, scalp and skin
consumer product in the United
States. The product line is specially formulated for
children aged 3 to 12 years old. "The power of popular retailers
like Target, Whole Foods and Trader Joe's will enable us to quickly
begin commercializing eco.kid for the first time in the U.S., one
of the world's largest consumers of organic products," Ray Kim, CEO of Global Force.
Blair Waycott, CEO of BCDH added,
"Today's health-conscious parents easily recognize the benefits of
a product labeled 'certified organic', and FDA-approved also puts
us in a unique competitive position. We believe market acceptance
for eco.kid will surpass that of Europe and other developed markets, where
eco.kid has shown strong sales to-date."
About Global Force, LLC.
Global Force has over 20 years of experience in sales, marketing
and distribution with Fortune 500 companies such as Procter &
Gamble, The Coca-Cola Company, ConAgra Foods International, NBC
Universal, GE, Garuda Indonesia Airlines, Cathay Pacific Airways,
and many others. Global Force represents clients in various
industries including: consumer products, technology, finance,
entertainment and aviation among others. The Company has experience
and points of presence spanning five different continents and over
25 countries. For more information, visit
www.globalforcellc.com.
About Black Castle Developments Holdings, Inc.
Black Castle Developments Holdings, Inc. ("BCDH") is a holding
company focused on the merger and acquisition of undervalued,
revenue-generating companies that operate in high-growth niche
markets. BCDH plans to leverage its management resources and status
as a public entity to assist acquired companies to achieve and/or
grow their profitability. For more information, visit
www.blackcastledevelopments.com.
Statements contained in this news release, other than those
identifying historical facts, constitute "forward-looking
statements" within the meaning of Section 21E of the Securities
Exchange Act of 1934 and the Safe Harbor provisions as contained in
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements relating to the Company's future
expectations, including but not limited to revenues and earnings,
technology efficacy, strategies and plans, are subject to safe
harbors protection. Actual Company results and performance may be
materially different from any future results, performance,
strategies, plans, or achievements that may be expressed or implied
by any such forward-looking statements. The Company disclaims any
obligation to update or revise any forward-looking
statements.
Contact:
Black Castle Developments Holdings, Inc.
559-761-7136
info@blackcastledevelopments.com
www.BlackCastleDevelopments.com
SOURCE Black Castle Developments Holdings, Inc.