(FBCD) Receives Additional Purchase Order For 100,000 Compression Knee Sleeves
NEW YORK, NY, United States, via ETELIGIS INC., 09/10/2014 – – 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 received an additional purchase order for 100,000 units for a compression knee sleeve.
Understanding that our goal was to utilize our contacts within the industry and build a product that would be successful, not only by the company but ultimately the consumer. Having delivered approximately 1.4 million compression knee sleeves to date and now receiving this additional 100,000 unit order, is very exciting for our company said Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. To date the total retail value of all the orders have reached approximately $15 million and has been an extremely successful venture for our company in such a short period of time.
Having executed this project really opened our eyes, seeing that the marketplace is accepting of compression fabrics that have been infused with copper. With that said, we are not only exploring sports related support items but looking at products that are used in our everyday life stated Mr. Russo, One of our goals is to introduce an item or items that have value, serve a benefit for the consumer and drive revenue for the company. Margin is the key to a successful business model and our focus is on the $15 million program that has been delivered to date. We learned many valuable lessons during this process, most importantly controlling our own destiny in order to capitalize on our own ability to develop, manufacturer and deliver product under the Copper-Tech brand.
Having the ability to develop the fabric from the yarn level has provided our company with the following benefits: 1) Retention of copper in the yarn of 99.9% after 30 wash cycles, 2) Anti-Microbial properties that kill fungus, bacteria and have odor eliminating properties as well, 3) Kills approximately 70% of P-Acne and 4) Reduction of body heat by 30 degrees Fahrenheit over a 40 minute frame. With these benefits, we are now awaiting finished samples that will reflect the above mentioned benefits that we can review and potentially make changes to construction, confirming fit and sizing.
About FBC Interactive Division
FBC Holdings 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 Interactives 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). FBCs 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 Holdings 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.
Related Links:
http://finance.yahoo.com/news/fbc-holding-positioned-rapid-growth-142935672.html
http://finance.yahoo.com/news/fbc-interactives-direct-response-marketing-140000170.html
For Investor Relations,
FBC Holding, Inc.
info@fbcholdinginc.com
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