FBC Holding, Inc. Announces National Distribution Deal Larger Than Current Market Cap of Company
NEW YORK, Nov. 13, 2014 /PRNewswire/ -- FBC Holding, Inc. (OTC: FBCD) an international product development company and its retail health and beauty holding, COCO-AMO have announced they've received first round purchase orders from online retailer, Miami Bikini Shop for the full line of COCO-AMO. The Miami-based retailer's interest in COCO-AMO increases the far-reaching demand for COCO-AMO. The agreement comes on the heels of the hair care line's expansion into European markets earlier this week.
Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. stated, "The size of this deal alone is currently larger than our market capitalization today. We are currently undervalued and the COCO-AMO asset continues to bring significant value to our company."
Darian Braun, Founder and President of COCO-AMO, stated, "The products are selling themselves. Miami Bikini Shop directly solicited us. They approached us, and that is a very good sign."
Darian Braun founder COCO-AMO
COCO AMO produces a line of hair care products for the modern world - formulating its products for all hair types, producing beautiful results regardless of "what you look like, how old you are, or where you are from." The COCO AMO brand is headed by industry veteran, Darian Braun, who is personally credited with two "World Beauty" awards. Launched in October 2014 COCO AMO has an aggressive growth plan to reach global distribution in year one.
Visit the company at- www.coco-amo.com
Visit Miami Bikini Shop at- www.miamibikinishop.com
About FBC Interactive Division
FBC Holding's Interactive Division is solely focused on marketing cutting edge technologies and innovative products. FBC Interactive employs only the most proven methodologies - primarily Direct Response Television (DRTV) - to advertise, market, and distribute its products, commanding a dominant retail presence in any and all targeted markets. The company's repertoire is diverse, with primary focus and expertise honed on toy and entertainment products, as well as consumer and healthcare products and branding.
About FBC Holding, Inc.
FBC Holdings Inc. develops and markets new proprietary technology - specifically incorporating buttons, switches, wires and other electrical components that can be printed on nearly any media. The company has an extensive history of accomplishments in the design, manufacture, and direct-to-consumer marketing of products that use cutting edge technologies. FBC's focus lies primarily in consumer, healthcare, and the toy and entertainment markets.
Safe Harbor
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 http://www.SEC.gov. 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.
SOURCE FBC Holding, Inc.
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