NEW YORK, NY — (Marketwired) — 10/20/14 — FBC Holding, Inc. (PINKSHEETS: FBCD) (“FBC” or the “Company”) an international product development company primarily focused on license/creation management and product sales/distribution through DRTV, announced that the company received great reviews from a retailer that sold over 200 units in just 9 days and over 120 units via the internet campaign in just over 10 days.
“We are very encouraged by the sales and more importantly the strategy that we are taking concerning COCO-AMO brand,” said Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. “Over the past two weeks, we have been able to place a purchase order for 7,000 units of COCO-AMO, rounding out our offerings with LOVE – Leave in Conditioner, and introducing two shampoos — HYDRATE – Moisturizing and PURE a Sulphate-Free Shampoo.”
Darian Braun, Founder and President of COCO-AMO, “I–m really excited about the retail sales results that we have had over the past two weeks and I–m thrilled with the response on the LOVE product. Going out of the gate with LOVE was very strategic and now that we are coming back to the market with our two Shampoos, I expect both increased interest and sales.” Mr. Russo then stated, “We have aligned ourselves with influential personalities, who are using the product and spreading the word about the results they have personally received. Getting this type of an endorsement is powerful and we are hoping to expand our base of influential personalities.”
“This is our first step into the market and as a result, we are now in negotiations with a very well known sales / distribution agency that wants to represent our brand and sell to their retail clients” said Mr. Braun. “They currently sell Health and Beauty items but feel that COCO-AMO is an up and coming product line. If we are able to come to terms, we–ll have to readjust our forecasting model because fulfilling thousands of doors with three SKU–s will be a task that I–m looking forward too.”
“FBC–s core business strategy tries to address a certain need in the marketplace by taking the actions that we have with COCO-AMO over the past two weeks, makes us confident in our process. We are trying to build a foundation and that takes time but we feel that this method will build confidence in our shareholder base,” said Mr. Russo.
FBC Holding–s Interactive Division markets innovative products generally incorporating new proprietary technologies. FBC Interactive, leverages Direct Response Television (DRTV) formats to advertise, market and distribute its products; gaining retail footholds in various markets. FBC Interactive–s market place is diverse, with a primary focus and expertise in toy and entertainment, consumer and health care, products and brands.
FBC Holdings develops and markets innovative products using a –new proprietary– technology whereby buttons, switches, wires and other electrical components can be printed on nearly any media. Management is experienced in Direct to Consumer Marketing (design, manufacture and market creative products leveraging cutting edge technology). FBC–s market is diverse, covering consumer products, health care related products, and, toy and entertainment products.
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as “may,—- “should,—- “expects,—- “plans,—- “anticipates,—- “believes,—- “estimates,—- “predicts,—- “potential—- or “continue—- or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry–s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled “Risk Factors—- in the Company–s periodic filings with the United States Securities and Exchange Commission, which can be viewed at . For all details regarding working interests in all of FBC Holding–s interest, and/or any previous news releases, go to OTC Markets website. You should independently investigate and fully understand all risks before making investment decisions.
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