FBCD FBC Holdings Picks Up Additional $10 Million
Post# of 72708
NEW YORK, NY -- (Marketwired) -- 03/20/14 -- 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, announces that a its Health & Wellness Consumer brand product is generating an extremely high volume of interest, as FBC Interactive snags another purchase order for 600,000 units of the copper based technology compression fabric sports sleeve; justly supporting the Company's revenue targets.
"We have already begun fielding interest for many additional purchase orders," stated Mr. Frank Russo , Chief Executive Officer of FBC Holding, Inc. "We certainly anticipate the unit orders for this particular sports related product to exceed $20 million dollars in retail sales value."
The CEO extends much of the credit for the Health & Wellness Consumer brand's success, to FBC Interactive's lead consulting manager, Frank Alfieri . Mr. Alfieri , who was hand-picked as a Product Expert for Oprah Winfrey's National Product Search, possesses decades of experience in Direct Response Television (DRTV). This affords FBC the ability to distribute a wide range of products that FBC will either create and/or license to distribute.
Mr. Russo and Mr. Alfieri -- between them -- have launched and grown multiple brands garnering hundreds of millions of dollars in retail sales. Management expects that the marriage between these two experts will ultimately result in hundreds of millions of dollars of successful brands being launched and/or distributed by FBC Holdings.
Mr. Russo concluded, "We do expect that we will be able to announce an additional purchase order for at least half a million more units before long, given the current pace. This would allow us to exceed our target of one million unit orders by the end of the second quarter and certainly accelerate the tempo in meeting 2014 revenue estimates."
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.
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