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[Kooka_Duke]

NEW YORK, May 15, 2013 /PRNewswire/ -- (FBCD) FBC Holding, Inc. would like to update its shareholders on recent events.
FBC Holding Inc. reports the resignation of Kevin Wright as director, officer and consultant to the company. Such resignations were effective on May 8, 2013 (as director), and May 9, 2013 (as consultant and officer). Mr. Wright did not provide the Company with a reason for his resignation.

Frank Russo, FBC Holding's CEO, stated that, "Kevin was engaged for his expertise in the action sports industry. FBC is no longer pursuing action sports as a going concern, but will focus on other areas such as technology, manufacturing and natural resources. We have the opportunity to bring on to our board individuals with experience that with assist us in moving ahead with our business plan and the Company's new direction. We are currently in the process of liquidating all of our action sports industry to produce revenues which can be applied to the discovery and incorporation of such new business entities."

In an effort to tighten up their marketing efforts, FBCD hired Frank Russo, who was President of Gladiator Sales when they helped reestablish the Puma brand, to over $75M in revenue.

Kids are always looking for the next big thing and this company’s innovative products could provide a great opportunity to cash in on this massive market.

FBCD recently signed a license agreement with Sport Technology, Inc., under which the Company acquired the exclusive licensing, marketing and development rights to market, sell and develop certain products owned by Sport Technology.