FBC Holding Inc (FBCD)

[BigBadWolf]

IMO with management & company contacts like Chris "leCrook" LeClerc & Frank "the skank" Randall how could anything go wrong Now those figures would look good encased in vinyl or prison pinstripes imo
from the 10Q
http://ih.advfn.com/p.php?pid=nmona&article=52017011

The Company has experienced a significant loss from operations as a result of its investment necessary to achieve its operating plan, which is long-range in nature. For the period ended January 31, 2012, the Company incurred a net loss of ($110,652).

The Company's ability to continue as a going concern is contingent upon its ability to attain profitable operations and secure financing. In addition, the Company's ability to continue as a going concern must be considered in light of the problems, expenses and complications frequently encountered by entrance into established markets and the competitive environment in which the Company operates.

The Company is pursuing equity financing for its operations. Failure to secure such financing or to raise additional capital or borrow additional funds may result in the Company depleting its available funds and not being able pay its obligations.

(3) NOTES PAYABLE

At January 31, 2012 and 2011 the Company had two unsecured notes payable outstanding for $523,200 total, all currently due and bearing compound interest at 9% per annum.

The Company does not have employment contracts with its officers and directors. The Company does not have a funding commitment or any written agreement for our future required cash needs with these officers or any beneficial owners of the Company.

The officers and directors of the Company are involved in other business activities and may, in the future, become involved in additional business opportunities that become available. A conflict may arise in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

again, how could anything go wrong?