FBC Holding Explores High-Tech Personal Indoor Grow System for Marijuana & Organic Planting; Executes Deal With HY-POD TEK
April 10 2014 - 9:26AM
Marketwired
FBC Holding Explores High-Tech Personal Indoor Grow System for
Marijuana & Organic Planting; Executes Deal With HY-POD TEK
Manufacture of Compact Grow POD Environments Provides FBC
Holding A Complement to its Cannabis Seed Distribution
Proposition
NEW YORK, NY--(Marketwired - Apr 10, 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 has furthered its new Agricultural Division with
the execution of a Memorandum of Understanding (MOU) with HY-POD
TEK, Inc.; exploring licensing rights of an automated and
integrated personal indoor grow pod system for organic plants
and cannabis harvesting.
"The legalizing of marijuana in Colorado and Washington, along
with the decriminalizing of marijuana possession in several states,
has given way to a whole host of opportunities," stated Mr. Frank
Russo, Chief Executive Officer of FBC Holding, Inc. "The
HY-POD actually fits right in with our business model for the
Agricultural Division. It demonstrates relevance of use,
versatility, multiple application and offers synergy with other
contemplated division products -- such as cannabis seeds. Most
important, there is an opportunity to align the HY-POD with the
Interactive Division's DRTV model; reason simply, you can grow
organic fruits and vegetables, etc., right in your basement,
garage, backyard or city roof top."
HY-POD TEK, Inc., the maker of the portable indoor growing
system, has produced a mobile environment that affords "green
thumbs" the ability to grow the very best organic plants,
regardless of the crop, by duplicating nature's various climate
conditions. Aside from the many incredible features of the
HY-POD, one of the most exciting is the HY-POD COMM communication
software that allows a grower to remotely control the POD's
functions from a mobile device.
Frank Russo continued "We have explored several mobile and
personal 'grow environments' over the past few
months. However, none of the indoor growing systems reviewed
offered an automatic digital controller that gives an individual
the ability to monitor and control the growing process -- virtually
from anywhere in the world. This gives us reason to strongly
believe that the HY-POD could be the next innovation in organic
planting and/or the growing of cannabis for personal use."
Mr. Russo concluded, "Whether a 'Doomsday Prepper' or just a
health conscious individual wanting to eat organic fruits and
veggies, or, a person living in a cannabis tolerant state that
wishes to grow and harvest their own strands of marijuana from the
comfort of their home -- for medicinal personal use -- the HY-POD
seems to be the perfect indoor grow system. The current MOU
gives us the opportunity to explore the viability and feasibility
in licensing this particular system."
The MOU with HY-POD TEK, Inc., will allow FBC ample time to
review and test market the POD, which already has a proven sales
record, to determine if HY-POD will become a permanent part of FBC
Holding's rapidly growing Agricultural Division.
About HY-POD TEK,
Inc.
The HY-POD's designers and principles bring over 40 years of
experience in solar energy, solar design, solar and environmental
control systems, agriculture research and development and remote
monitoring of environmental factors. The HY-POD Controller has
been used successfully for over 20 years in world-wide applications
for telecom, oil and gas, solar, wind, military and government
operations. Thousands have been installed in remote, harsh
conditions, deserts to jungles to mountain tops, in temperatures
from - 40ºF to 130ºF.
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
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known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity,
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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,
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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
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