SOURCE: FBC Holding, Inc.
NEW YORK, NY--(Marketwired - May 12, 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 the Company has explored expansion opportunities in the Direct Response Television toy category; concluding that the model is favorable -- offering a healthy revenue source to FBC.
Management indicated that FBC has explored several licensing opportunities fitting the toy division mandate. It is anticipated that FBC will have the ability to execute on an agreement with at least one of the toy prospects within the week.
"As with the majority of our endeavors, our acquisitions are focused on products and licenses that can effectively leverage our DRTV model," stated Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. "In less than 10 years, toys have become a formidable competitor for airtime and DRTV produced sales. This category generates hundreds of millions of dollars in sales. We anticipate entering into this arena with already publicized toy products."
Mr. Russo concluded, "We are keenly focused on toys that are simple, novel, inexpensive to make, and in many cases, proven. The company and product we have currently targeted encompasses each of these characteristics; especially sales history. We excitedly look forward to entering into a formal exploratory arrangement within the week as a means to expedite FBC's entering the DRTV toy category."
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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