FBC Holding Sells Over 1,000,000 Units of Copper Based Sports Sleeve
29 Aprile 2014 - 3:18PM
Marketwired
FBC Holding Sells Over 1,000,000 Units of Copper Based Sports
Sleeve
Sales of FBC Interactive's Copper Based Knee Sleeve Sets New
Target Numbers as Company Anticipates the Rollout of Compression
Socks -- Quarter Estimates Could Be Surpassed
NEW YORK, NY--(Marketwired - Apr 29, 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 a its Health & Wellness Consumer brand, copper based
technology fabric compression sport sleeve has generated 1.1
million units in total purchase orders of the Interactive
division's knee sleeve; fully supporting management's sales
targets.
"First revenue was the initial hurdle," stated Mr. Frank Russo,
Chief Executive Officer of FBC Holding, Inc. "Continually
hitting benchmarks becomes the next. However, now having sold
1.1mm units, we are just shy of reaching our target of $20 million
dollars in retail sales value of just the knee sleeve alone."
FBC is exploring the real ease of the Copper based technology
fabric compressions sport sleeve for other troubled areas of the
body, such as the elbow, wrist and ankle. The Company is also
exploring compression T-shirts and compression shorts. However,
compression socks seem to be taking the lead for the next health
and wellness product to rollout from FBC Interactive using the
Company's technology. Management estimates that even while
orders for the knee sleeve continue to come in, the potential
launch of compression copper based socks will gain just as much
traction and possibly exceed the knee sleeve initial sales.
Mr. Russo concluded, "We are confident that we will continue to
exceed our expectations with the products in the Health &
Wellness Consumer pipeline and will continue to focus on those
acquisitions and 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
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such as "may,'' "should,'' "expects,'' "plans,'' "anticipates,''
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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
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decisions.
Related Links:
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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