FBCD..... Holding develops and markets proprietary skateboards, snowskates and other innovative boards such as a skateboard/snowboard. The Company’s range of products includes the Flowboard, Flow Saucer and Snowskate. Now these aren’t your average every-day boards either. For instance, FBCD’s Flowboard operates like a skateboard, but due to its 14-wheel design it allows the rider to make curving motions like a surfer or snowboarder. Watch it in action in the video below:
Flowboard Video
The following are a few key highlights:
FBCD is currently at just .0082. We know you love them and so do we. With such a unique product in a massive market the potential for growth here is huge.
There is a gigantic market out there for FBCD’s products. In the U.S. alone about 118M people participated in one or more action or extreme sport in 2009.
Retail sales of action/extreme sports equipment and accessories covered in this report increased 8.8% in 2010, reaching $2.4 BLN.
The total US Surf and Skate industry is worth over $7.2 BLN and has not only survived but thrived through the global economic crisis.
Action and extreme sports participants are young and live in higher income households, one of the best markets to sell to, and one that is enormous.
One of the largest extreme sports events, the Winter X Games was watched by 35.4M people in the U.S.
According to a recent report by Global Industry Analysts, Inc. the global demand for extreme sports is expected to surge, backed by increasing participation and spending.
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.
As part of their marketing strategy, FBCD recently entered a consulting agreement with Sport Technology Inc. and Michael Kern for consulting services related to the development, marketing and sale of the licensed products.
FBCD will also be marketing the Flowboard through advertisements, endorsements and touring at extreme sports events and action-sports trade shows in a 40-foot long promotional Flowboard tour bus.
FBCD recently made an enormous development featured in their recent press release, regarding the execution of a LOI with Dutch Gold Resources relating to gold mining or gold mining services in Nicaragua
Something big could be happening here!
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