Business
FBC Holding Files Disclosures; Prepares for 4th Quarter Audit
FBC Holding Files Disclosures; Prepares for 4th Quarter Audit.
About this update from Fbc Holding, Inc.
[{"type":"text","content":"\n \n \n FBC Holding Files Disclosures; Prepares for 4th Quarter Audit\n \n \nFBC Holding Files Disclosures; Prepares for 4th Quarter Audit\n \n NEW YORK, NY--(Marketwired - Jun 17, 2014) - 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 today that the Company has completed the necessary disclosures to remain a Current Filer with the OTC Markets; anticipating a 4th Quarter up-list. \n \"Remaining a 'Current Filer' with the OTC Markets is a top priority for us, as we prepare to complete an audit inside of the fourth quarter,\" stated Frank Russo, Chief Executive Officer of FBC Holding, Inc. \"Complying with the filing requirements under the 1934 Act, and up-listing, will certainly strengthen our transparency efforts and assist us in securing more favorable financing. This is especially important as orders for the copper based technology compression fabric sports sleeve continues to grow.\"\n Management indicated that the Company has just exceeded its initial targeted sales numbers for the copper based technology compression fabric sleeve. These revenues are expected to be reflected in the next quarterly disclosures. Additionally, opportunities with celebrity spokespersons have recently availed themselves. Management believes that should an endorsement deal come to fruition, demand for its first health and wellness product could increase significantly; further strengthening the Company's financial outlook. \"We'd like for these accomplishments to be clearly reflected for our shareholders through audited financials,\" concluded Mr. Russo.\" \n About FBC Holding, Inc.\n 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.\n Safe Harbor\n This news release contains forward-looking statements. Forward-looking statements are statements which relate to fut...