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.
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.