$BCDH Looking for a major bounce from .0051.
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."
