FBC Holdings Picks Up Additional $10 Million in Retail Sales Valued Purchase Orders
20 Marzo 2014 - 2:03PM
Marketwired
FBC Holdings Picks Up Additional $10 Million in Retail Sales Valued
Purchase Orders
FBC Solidifies Q2 Target With Second P.O. for 600,000 Units of
Copper Based Compression Fabric Sports Sleeves
NEW YORK, NY--(Marketwired - Mar 20, 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, 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.
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-holdings-interactive-division-deliver-130109914.html
http://finance.yahoo.com/news/fbc-holding-positioned-rapid-growth-142935672.html
http://finance.yahoo.com/news/fbc-interactives-direct-response-marketing-140000170.html
For investor relations, FBC Holding, Inc. Email Contact
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