New management was brought on in late summer of 2012 and former management was terminated. New management consisted of Frank Russo as director and CEO. New management promptly discovered numerous issues from judgments against the company to lack of financial controls and a business plan that was ill-conceived being.
FBC Holding Inc
60 Cedar Lake West
Denville, NJ 07834
[email protected] 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.
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.
FBCD Security Details
| Market Value1 || $888,421 || a/o May 02, 2014 |
| Shares Outstanding || 269,218,504 || a/o Mar 27, 2014 |
| Float || Not Available |
| Authorized Shares || Not Available |
| Par Value || 0.001 |
| Shareholders of Record || 74 || a/o Apr 24, 2014 |
- Capital Change=shs increased by 15 for 1 split Ex-date=08/07/2007. Rec date=07/30/2007. Pay date=08/06/2007.
- Capital Change=shs decreased by 1 for 300 split Pay date=11/20/2008.
- Capital Change=shs decreased by 1 for 500 split. Ex-date=02/06/2013.
Transfer Agent(s) Island Stock Transfer
FBC Holding, Inc. Releases Update to Shareholders
FBC Holding Positioned for Rapid Growth - CEO Offers Public Update; Sales, Innovation & Budding Divisions
Adding Licenses, Evolving Business Model & Growing Departments Expected to Establish Q2 Revenues NEW YORK, NY, Mar 14, 2014 (Marketwired via COMTEX) -- 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 will provide its first corporate update to shareholders on Tuesday, March 18th, 2014, to briefly provide a status update on the Company's current position, recent achievements, growth propositions and financial outlook.
"For the first time since taking the reins, FBC Holding's is finally positioned for rapid and sustained growth," stated Mr. Frank Russo, Chief Executive Officer of FBC Holding. "With complete immersion in our 'Interactive Division,' we've been able to begin building our 'Health & Wellness Consumer' brands; managing the development of our first product to the extent, we expect to move over one million unit orders within the 2nd Quarter of this year."
Putting this into perspective, one million unit orders of FBC's first Health & Wellness Consumer product, equates to $20+ Million in retail sales. FBC anticipates these orders to be transacted by the end of the 2nd Quarter. Material opportunities like this have inspired a renewed confidence in management, as the direction FBC has now taken, is deliberate, flexible and expandable.
Mr. Russo continued, "This is the type of information we look to briefly cover in our update. Q2 is going to be a very important 90 days for us. Whether we are unveiling a unique and exciting new concept in gift-wrapping, launching sophisticated accessory technologies for an estimated 2.3 billion smart phones, or, perhaps growing our opportunities to take advantage of an emerging $3 Billion Dollar market, we expect this to be a prosperous year... beginning with Q2."
"Next week's update will be a prelude to those affirmative announcements we trust will be forthcoming and inspiring to our shareholders," concluded Russo.
About Frank Russo Mr. Frank Russo is an authority in implementing sales distribution and product strategy, sales team leadership, marketing, market analysis and business development. The former President of Gladiator Sales, Inc. -- once the exclusive North American sales agency for Puma -- Mr. Russo led Gladiator in assisting Puma in reestablishing the Puma brand to prominence. Under Frank Russo's stewardship, sales revenue increased to over $75 million with just 13 sales associates, and Gladiator was named Brand Agency of the Year -- two times -- during his tenure.
FBC Holding's Interactive Division to Deliver First Revenues -- Secures 100,000 Unit Purchase Order
Over $1.5 Million Retail Sale Value; Course Now Set for FBC to Hit Q2 Target NEW YORK, NY, Mar 17, 2014 (Marketwired via COMTEX) -- 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."
FBC Holdings Picks Up Additional $10 Million in Retail Sales Valued Purchase Orders
FBC Solidifies Q2 Target With Second P.O. for 600,000 Units of Copper Based Compression Fabric Sports Sleeves NEW YORK, NY, Mar 20, 2014 (Marketwired via COMTEX) -- 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."
FBC Holding Expands Consumer Based Products, Licenses & Business Development Opportunities With New Agricultural Division
FBC to Leverage Emerging Multi-Billion Hemp & Cannabis Markets With Versatile Consumer Products NEW YORK, NY, Mar 25, 2014 (Marketwired via COMTEX) -- 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 has fully explored category expansion opportunities; concluding that an agricultural division could seamlessly tie into FBC Interactive and maximize the DRTV model.
Management indicated that the focus of its agricultural division will be on those products and services that can effectively leverage the emerging multi-billion dollar hemp and cannabis marketplace, by having a wide enough versatility to be sold and marketed through FBC Interactive. Products would demonstrate versatility, having some other additional useful and practical application aside from primarily being a marijuana based consumer product.
"We are finding that the general marketplace is rapidly increasing for those consumer products that lean toward being organic, clean, reusable, sustainable and naturally medicinal in nature," stated Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. "While having been keenly focused on successfully securing plausible second quarter revenues, we have also been engaged in discussions with a number of parties who have endeavored to develop agricultural based consumer products that have ample utility and application."
Mr. Russo concluded, "We have currently explored three licensing opportunities. Each of which truly fits the mandate of our new agriculture division. We anticipate having the ability to execute on at least one of these exciting prospects in the very near future -- officially inaugurating our new agricultural division with a very useful and versatile consumer product."
FBC Holding Sells Over 1,000,000 Units of Copper Based Sports Sleeve
Sales of FBC Interactive's Copper Based Knee Sleeve Sets New Target Numbers as Company Anticipates the Rollout of Compression Socks -- Quarter Estimates Could Be Surpassed NEW YORK, NY, Apr 29, 2014 (Marketwired via COMTEX) -- 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 a its Health & Wellness Consumer brand, copper based technology fabric compression sport sleeve has generated 1.1 million units in total purchase orders of the Interactive division's knee sleeve; fully supporting management's sales targets.
"First revenue was the initial hurdle," stated Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. "Continually hitting benchmarks becomes the next. However, now having sold 1.1mm units, we are just shy of reaching our target of $20 million dollars in retail sales value of just the knee sleeve alone."
FBC is exploring the real ease of the Copper based technology fabric compressions sport sleeve for other troubled areas of the body, such as the elbow, wrist and ankle. The Company is also exploring compression T-shirts and compression shorts. However, compression socks seem to be taking the lead for the next health and wellness product to rollout from FBC Interactive using the Company's technology. Management estimates that even while orders for the knee sleeve continue to come in, the potential launch of compression copper based socks will gain just as much traction and possibly exceed the knee sleeve initial sales.
Mr. Russo concluded, "We are confident that we will continue to exceed our expectations with the products in the Health & Wellness Consumer pipeline and will continue to focus on those acquisitions and license agreements that will contribute to both immediate and near-term revenues."
FBC Is Now a Current Filer With OTC Markets -- Prepares for Audit and Sales Expansion NEW YORK, NY, May 02, 2014 (Marketwired via COMTEX) -- 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 has achieved "Current Filer" status with OTC Markets in the mist of preparing for a major sales expansion through significant license acquisitions.
"While we intend to remain a 'Current Filer' with OTC Markets only for a limited time before uplisting, we expect shareholders would still appreciate our willingness to make public disclosures," stated Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. "Considering the growing demand for our copper based technology fabric compression sport sleeve, expansion into the agricultural markets, and most important, the two incredible products we anticipate acquiring the licenses to this quarter, we foresee a very healthy sales expansion to occur over the next 9 months. With this, we are more than happy to continue making public disclosures to offer transparency to our shareholders."
Management made the decision to de-register FBC for approximately 120 days while pursuing the proper completion of the Company's audits for a possible up-list in the third quarter. During this time, management has set its sights on two licenses that executives believe will rapidly expand the Company's sales. One such product could be, "one of the biggest DRTV and general market products to be invented," continued Mr. Russo.
Mr. Russo concluded, "We have entered into negations to acquire two licenses that will not only expand FBC's industries, but surely expand and boost our sales capacity to a level we would not have anticipated as a possibility for 2014. We are extremely excited about the prospects of completing the acquisition of the targeted licenses and bringing what we believe will be significant and almost immediate value to FBC Holding."