Important sentences from the filings!
The Company is in the development stage and has not yet realized any revenues from its planned operations, but we
anticipate we will have revenues in our fiscal year ended July 31, 2014, beginning with our quarter ended April 30,
2014.
Our business plan is to continue to develop product based on the technology license we entered into in August of
2013
--- Imo this means more revenues are on the way ---
On January 28, 2014, we issued 91,805,556 shares of our common stock to Frank Russo., in exchange for reduction of
accrued salary expenses of $111,250 and a performance bonus of $54,000.
The value placed on these shares was
$0.0018.
The shares were restricted in accordance with Rule 144.
The issuance was exempt from registration pursuant
to Section 4(2) of the Securities Act of 1933, and Frank Russo is a sophisticated investor and familiar with our
operations.
--- this means from the 270 mil OS already 91 mils are restricted by the CEO Frank Russo - also other issuances where made and restricted! so the public tradeable float must be pretty low imo!! ---
Our first product, which was introduced second quarter is a compression sleeve for knee and elbow created from a
copper infused fabric which has been used by athletes and individuals with active lifestyles. In the third quarter of
2014 we made our first sale of this product. The initial order was for 100,000 units and we anticipate that subsequent
orders will exceed 1,000,000 units.
--- this shows our first revenue stream in a filing!!! its not just a blah blah posting news-release. So imo this got substance they wouldn't take the chance to get heavy problems with the SEC by posting false statements in their Q's imo. >>> REVENUES!!!! ---
As a holding company we expected to obtain additional businesses and incorporate these into our present activities. We
are currently speaking to business owners in the home agriculture and internet security businesses.
--- this means more business options are on the way and may add to companies current portfolio! could mean >>> MORE REVENUES!!! ---
this could change really fast into a big player - who knows. I am now more confident that FBCD could make it right. They just need to take some time - the good thing is that they already got revenues coming in - this could support the ongoing status from the company!!!!
