FBCD FBC Holding's Interactive Division to Deliver
Post# of 72711
NEW YORK, NY -- (Marketwired) -- 03/17/14 -- 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-pos...35672.html
http://finance.yahoo.com/news/fbc-interactive...00170.html
For investor relations, FBC Holding, Inc. Email Contact
Source: FBC Holding, Inc.