FBC Holding Files Disclosures; Prepares for 4th Quarter Audit
June 17 2014 - 7:58AM
Marketwired
FBC Holding Files Disclosures; Prepares for 4th Quarter Audit
NEW YORK, NY--(Marketwired - Jun 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, announced
today that the Company has completed the necessary disclosures to
remain a Current Filer with the OTC Markets; anticipating a 4th
Quarter up-list.
"Remaining a 'Current Filer' with the OTC Markets is a top
priority for us, as we prepare to complete an audit inside of the
fourth quarter," stated Frank Russo, Chief Executive Officer of FBC
Holding, Inc. "Complying with the filing requirements under the
1934 Act, and up-listing, will certainly strengthen our
transparency efforts and assist us in securing more favorable
financing. This is especially important as orders for the copper
based technology compression fabric sports sleeve continues to
grow."
Management indicated that the Company has just exceeded its
initial targeted sales numbers for the copper based technology
compression fabric sleeve. These revenues are expected to be
reflected in the next quarterly disclosures. Additionally,
opportunities with celebrity spokespersons have recently availed
themselves. Management believes that should an endorsement
deal come to fruition, demand for its first health and wellness
product could increase significantly; further strengthening the
Company's financial outlook. "We'd like for these accomplishments
to be clearly reflected for our shareholders through audited
financials," concluded Mr. Russo."
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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