FBC Holding Positioned for Rapid Growth - CEO Offers Public Update; Sales, Innovation & Budding Divisions
March 14 2014 - 10:29AM
Marketwired
FBC Holding Positioned for Rapid Growth - CEO Offers Public Update;
Sales, Innovation & Budding Divisions
Adding Licenses, Evolving Business Model & Growing
Departments Expected to Establish Q2 Revenues
NEW YORK, NY--(Marketwired - Mar 14, 2014) - FBC Holding,
Inc. (PINKSHEETS: FBCD) ("FBC" or the "Company") an international
product development Company, primarily focused on license/creation
management and product sales/distribution through DRTV, announced
that the Company will provide its first corporate update to
shareholders on Tuesday, March 18th, 2014, to briefly provide a
status update on the Company's current position, recent
achievements, growth propositions and financial outlook.
"For the first time since taking the reins, FBC Holding's is
finally positioned for rapid and sustained growth," stated Mr.
Frank Russo, Chief Executive Officer of FBC Holding. "With complete
immersion in our 'Interactive Division,' we've been able to begin
building our 'Health & Wellness Consumer' brands; managing the
development of our first product to the extent, we expect to move
over one million unit orders within the 2nd Quarter of this
year."
Putting this into perspective, one million unit orders of FBC's
first Health & Wellness Consumer product, equates to $20+
Million in retail sales. FBC anticipates these orders to be
transacted by the end of the 2nd Quarter. Material
opportunities like this have inspired a renewed confidence in
management, as the direction FBC has now taken, is deliberate,
flexible and expandable.
Mr. Russo continued, "This is the type of information we look to
briefly cover in our update. Q2 is going to be a very
important 90 days for us. Whether we are unveiling a unique and
exciting new concept in gift-wrapping, launching sophisticated
accessory technologies for an estimated 2.3 billion smart phones,
or, perhaps growing our opportunities to take advantage of an
emerging $3 Billion Dollar market, we expect this to be a
prosperous year... beginning with Q2."
"Next week's update will be a prelude to those affirmative
announcements we trust will be forthcoming and inspiring to our
shareholders," concluded Russo.
About Frank
Russo Mr. Frank Russo is an authority in implementing sales
distribution and product strategy, sales team leadership,
marketing, market analysis and business development. The
former President of Gladiator Sales, Inc. -- once the exclusive
North American sales agency for Puma -- Mr. Russo led Gladiator in
assisting Puma in reestablishing the Puma brand to prominence.
Under Frank Russo's stewardship, sales revenue increased to over
$75 million with just 13 sales associates, and Gladiator was named
Brand Agency of the Year -- two times -- during his
tenure.
About FBC Holding,
Inc. FBC Holdings develops and markets innovative products
using a 'new proprietary' technology whereby buttons, switches,
wires and other electrical components can be printed on nearly any
media. Management is experienced in Direct to Consumer
Marketing (design, manufacture and market creative products
leveraging cutting edge technology). FBC's market is diverse,
covering consumer products, health care related products,
and toy and entertainment products.
Safe Harbor This
news release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some
cases, you can identify forward-looking statements by terminology
such as "may,'' "should,'' "expects,'' "plans,'' "anticipates,''
"believes,'' "estimates,'' "predicts,'' "potential'' or "continue''
or the negative of these terms or other comparable terminology.
These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or our
industry's actual results, levels of activity, performance or
achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by these forward-looking statements. While these
forward-looking statements, and any assumptions upon which they are
based, are made in good faith and reflect our current judgment
regarding the direction of our business, actual results will almost
always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested
herein. Except as required by applicable law, including the
securities laws of the United States, the Company does not intend
to update any of the forward-looking statements to conform these
statements to actual results. Readers are referred to the sections
entitled "Risk Factors'' in the Company's periodic filings with OTC
Markets and/or the United States Securities and Exchange
Commission, which can be viewed at www.otcmarkets.com
and http://www.SEC.gov, respectively. For all
details regarding working interests in all of FBC Holding's
interest, and/or any previous news releases, go to OTC Markets
website (www.otcmarkets.com). You should independently investigate
and fully understand all risks before making investment
decisions.
FBC Holding, Inc. Email Contact
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