FBC Holding's Interactive Division to Deliver First Revenues -- Secures 100,000 Unit Purchase Order
March 17 2014 - 9:01AM
Marketwired
FBC Holding's Interactive Division to Deliver First Revenues --
Secures 100,000 Unit Purchase Order
Over $1.5 Million Retail Sale Value; Course Now Set for FBC to
Hit Q2 Target
NEW YORK, NY--(Marketwired - Mar 17, 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, has
received its first purchase order for the Interactive
Division's (FBC Interactive) Health & Wellness Consumer brands
-- establishing first expected revenues for Q2.
"First revenues are always the most difficult, but these
purchase orders support revenue targets," stated Mr. Frank Russo,
Chief Executive Officer of FBC Holding, Inc. "We firmly
believe that we will surpass one million unit orders by year end;
achieving revenue goals."
The Company expects unit orders for its Health & Wellness
Consumer brand's primary sports related product, to exceed $20
million dollars in retail sales value. Supported by this first
purchase order for 100,000 units (approximately $1.7 Million in
retail sales value) of the copper based technology compression
fabric, FBC management believes the company is positioned to hit
its target numbers.
FBC is also exploring rapidly emerging markets that should
leverage the Interactive Division's DRTV model as well as
management's expertise; licensing various cultivation and security
products.
Mr. Russo concluded, "Our Interactive Division has a number of
products in the Health & Wellness Consumer pipeline. The
products currently taking the lead in generating revenues
incorporate or apply a copper based technology and/or incorporate
conductive ink technology. However, we are very excited about
the products soon to come online through imminent acquisitions and
new license agreements that will contribute to both immediate and
near-term revenues."
About FBC Interactive
Division
FBC Holding's Interactive Division markets innovative products
generally incorporating new proprietary technologies. FBC
Interactive, leverages Direct Response Television (DRTV) formats to
advertise, market and distribute its products; gaining retail
footholds in various markets. FBC Interactive's market place
is diverse, with a primary focus and expertise in toy and
entertainment, consumer and health care, products and brands.
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 the
United States Securities and Exchange Commission, which can be
viewed at http://www.SEC.gov. For all details regarding working
interests in all of FBC Holding's interest, and/or any previous
news releases, go to OTC Markets website. You should independently
investigate and fully understand all risks before making investment
decisions.
Related Links:
http://finance.yahoo.com/news/fbc-holding-positioned-rapid-growth-142935672.html
http://finance.yahoo.com/news/fbc-interactives-direct-response-marketing-140000170.html
For investor relations, FBC Holding, Inc. Email Contact
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