FBC Is Now a Current Filer With OTC Markets -- Prepares for Audit and Sales Expansion
May 02 2014 - 8:43AM
Marketwired
FBC Is Now a Current Filer With OTC Markets -- Prepares for Audit
and Sales Expansion
NEW YORK, NY--(Marketwired - May 2, 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 achieved "Current Filer" status with OTC
Markets in the mist of preparing for a major sales expansion
through significant license acquisitions.
"While we intend to remain a 'Current Filer' with OTC Markets
only for a limited time before uplisting, we expect shareholders
would still appreciate our willingness to make public disclosures,"
stated Mr. Frank Russo, Chief Executive Officer of FBC Holding,
Inc. "Considering the growing demand for our copper based
technology fabric compression sport sleeve, expansion into the
agricultural markets, and most important, the two incredible
products we anticipate acquiring the licenses to this quarter, we
foresee a very healthy sales expansion to occur over the next 9
months. With this, we are more than happy to continue making public
disclosures to offer transparency to our shareholders."
Management made the decision to de-register FBC for
approximately 120 days while pursuing the proper completion of the
Company's audits for a possible up-list in the third quarter.
During this time, management has set its sights on two licenses
that executives believe will rapidly expand the Company's sales.
One such product could be, "one of the biggest DRTV and general
market products to be invented," continued Mr. Russo.
Mr. Russo concluded, "We have entered into negations to acquire
two licenses that will not only expand FBC's industries, but surely
expand and boost our sales capacity to a level we would not have
anticipated as a possibility for 2014. We are extremely excited
about the prospects of completing the acquisition of the targeted
licenses and bringing what we believe will be significant and
almost immediate value to FBC Holding."
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.
For investor relations, FBC Holding, Inc. Email Contact
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