FBC Holding & HandTrux, LLC Ramp Up Partnership Discussions
May 21 2014 - 8:36AM
Marketwired
FBC Holding & HandTrux, LLC Ramp Up Partnership Discussions
Expansion Into DRTV Toy Category Imminent With HandTrux Toys
NEW YORK, NY--(Marketwired - May 21, 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's partnership negotiations with toy designer and
manufacturer, HandTrux, LLC., have ramped up as the two companies
explore a market expansion of the popular and versatile toy
line, HandTrux (http://www.handtruxtoys.com/).
In a previous release, Frank Russo, Chief Executive Officer of
FBC Holding, Inc., noted that what originally caught his interest
in HandTrux toys was an episode of The Weather Channel's Reality TV
show "Prospectors." It was in this unsolicited televised
display, the children's toy -- simple in design, use and function
-- was actually used for mining. With FBC having launched an
initiative to enter into the DRTV toy category, management focused
on toys that were simple, novel and economical with proven sales
history, prompting Mr. Russo to say, "We just had to jump at the
opportunity to bring this product [HandTrux] to FBC Interactive's
DRTV market."
Ongoing discussions between FBC Holding and HandTrux, LLC
revealed certain opportunities to grow the business of both
companies while increasing the marketability and overall sales of
the HandTrux line of toys. With the success of HandTrux's
Backhoe sales, along with its current purchase orders, HandTrux,
LLC has already secured a number of manufacturing and distribution
deals; lending to FBC's overall interest in the toy
manufacturer. FBC is confident that DRTV's toy category can be
leveraged to greatly enhance the overall sales and marketability of
HandTrux to deliver additional income to FBC Interactive's current
and continuously increasing revenue stream.
Executives have completed a series of discussions which FBC's
management believes will likely result in a rapid and lucrative
expansion to benefit both companies.
About HandTrux,
LLC.
HandTrux, LLC. is an American Toy Company dedicated to offering
refreshing, unique, creative and imaginative branded toys,
entertainment products and media content. The brainchild of
inventor and former professional heavy equipment operator, Ernest
Autumn Van Den Heuvel, HandTrux is a line of unique sandbox-sized
machines that look and work like big industrial machinery, allowing
the user to physically transform into a digging machine. The
line, comprised of the Backhoe, Dump Truck and Bulldozer, have
created a national buzz amongst everyone from parents watching
their children play at the beach to The Weather Channel's
"Prospectors" (Reality TV show) dig through dirt and rock, mining
for valuable minerals.
These unique sandbox sized dirt machines look and work just like
the Big Iron. With the patented Handraulic power-gripĀ® hidden
inside each machine, kids can really do precision digging and
excavate sand, loose dirt, mud, and snow for hours of unstructured
imaginative playtime.
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.
For investor relations FBC Holding, Inc. Email Contact
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