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Ive been seeing alot of yip yap on it for awhile now and its time hahahha, also looks like a good stock
gonna grab some EXTO 35s
you having a good time Semi??
GNPG .0543 up!!
FOFU looking very good!!! I should of grabbed some earlier
grabbing up some GNPG!!
Originally in YIPI at .65 now .84s up!!! looking for paperland!!
I think u may have a very good point imo
FBCD back to even today, what a bunch of BS imo!!! No way this should be under .03, peeps need to wake up and smell the money!!
grabbing some more PDOS at .03
Liking the silver huh
that .03 support is pretty strong!!!
seems like .0345 is huge resistance area for FBCD!!
even without the 8k, FBCD is a stock that should be .10 or alot higher right now IMO
FBCD .031s up!!! time for the next leg here imo!!!
FBCD .03s holding good here in AH
FBCD look at that bid support!!! 8k AH yesterday, huge volume this morning!!! http://ih.advfn.com/p.php?pid=nmona&article=48415048
FBCD moving on 8k!!! http://ih.advfn.com/p.php?pid=nmona&article=48415048
FBCD 8k for those who havent seen it yet!!! Current report filing (8-K)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 12, 2011
(July 6, 2011)
FBC HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other
jurisdiction of incorporation)
000-52854
(Commission
File Number)
71-1026782
(I.R.S. Employer
Identification No.)
66 Piscataqua Road
Dover, NH 03820
(Address of principal executive offices) (zip code)
(603) 540-0828
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On August 11, 2010, we entered into a binding Asset Purchase Agreement (the “Agreement”) with Super Rad Corporation, a Nevada corporation (“Super Rad”), under which we acquired all rights, title and interests to all of Super Rad’s assets in exchange for $250,000 and the issuance of 12,500,000 shares of our common stock. The Super Rad assets we acquired include all of the licenses, inventory (including all toys, accessories and dolls), and future licenses. Further details regarding the Agreement can be found in our Current Report on Form 8-K/A filed with the Commission on March 7, 2011.
Since August 11, 2010, we have entered into several subsequent agreements with Super Rad regarding the asset purchase, including a Stock Transfer Agreement dated September 2010, an Amended Asset Purchase Agreement dated February 10, 2011, and an Amended Stock Transfer Agreement dated February 10, 2011. Under these subsequent agreements Super Rad has now sold, transferred, conveyed, assigned and delivered free from all liens and encumbrances, its assets to us.
On July 6, 2011, we entered into a Second Addendum to the Amended Stock Transfer Agreement with Super Rad to clarify the remaining payment terms for our purchase of the Super Rad assets (the “Second Addendum to Stock Transfer Agreement”). Under the Second Addendum to Stock Transfer Agreement we agreed to pay the remaining One Hundred Forty Five Thousand Dollars ($145,000) to Super Rad (the “Total Payment Obligation”) along the following schedule: Sixty Thousand Dollars ($60,000), as well as agreed-upon payments for expenses associated with Super Rad’s website development, product production and freight delivery, legal fees, third-party licenses, storefront lease obligations, and consulting agreements (“Operational Expenses”), by no later than July 13, 2011; and the remaining Eighty-Five Thousand Dollars ($85,000), by delivering Ten Thousand Dollars ($10,000) per month to Super Rad not later than the first (1st) day of each month, beginning on August 1, 2011, until the remaining Eighty-Five Thousand Dollars ($85,000) is paid in full. (These monthly payments shall be referred to herein as the “Monthly Payments”). Additionally, we agreed with Super Rad to conduct a detailed accounting of all funds paid or loaned to Super Rad in connection with the asset purchase and we agreed to pay the difference between that determined amount and the full working capital amount of One Million Five Hundred Thousand Dollars ($1,500,000) we agreed to pay pursuant the transaction documents, by December 31, 2011.
Under the Second Addendum to the Stock Transfer Agreement, if we fail to make any of the payments outlined above after a ten (10) day cure period after receiving a late payment notification from Super Rad, then Super Rad will have the right to terminate the Amended Stock Transfer Agreement and Amended Asset Purchase Agreement and keep all monies paid by us to Super Rad in connection with the asset purchase through date of termination.
Item 7.01 Regulation FD Disclosure.
On July 6, 2011, we issued a press release announcing the Second Addendum to Stock Transfer Agreement, a copy of which is furnished with this Current Report as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
10.1 Second Addendum to Amended Stock Transfer Agreement by and among FBC Holdings, Inc. and Super Rad Corporation dated July 6, 2011.
99.1 Press release dated July 6, 2011 issued by FBC Holdings, Inc., announcing Second Addendum to Amended Stock Transfer Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: July 12, 2011 FBC Holdings, Inc.
a Nevada corporation
/s/ Christopher J. LeClerc
By : Christopher J. LeClerc
Its: Chief Executive Officer
FBCD has been my longest hold this year, been very patient with it, lets now see if the patience will pay off!!
FBCD .034 up!!! moving on 8k AH yesterday!!!
FBCD moving!!! .033 up, 8k out AH yesterday
FBCD .033 up!!!
MEDT ;)
is FBCD gonna do it today????
GM 10 baggas!!
Ya PF. Maybe a lot of peeps have lost interest in FBCD but watch it move!!!
I think its about time FBCD moves to previous highs of .11 and beyond now!!!
FBCD 8k finally out AH!!! http://ih.advfn.com/p.php?pid=nmona&article=48415048
FBCD 8k finally out AH!!! http://ih.advfn.com/p.php?pid=nmona&article=48415048
FBCD 8k finally out AH!!! http://ih.advfn.com/p.php?pid=nmona&article=48415048
FBCD 8k finally out AH!!! http://ih.advfn.com/p.php?pid=nmona&article=48415048
Yep. See ya 2morrow morning $P!
I must say, another great day 10 baggas!!!
im grabbin some BOCL at .0011
PDOS ive been in it since .02!!!!!
MEDT looking nice!!!
MEDT 55s up!!!
FBCD 28s up, not looking too bad
Yep. PDOS looking to break .03 and beyond bayyybayyyyy!!!! ;)