SOURCE: FBC Holding, Inc.
NEW YORK, NY--(Marketwired - Mar 17, 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, 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.
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