NEW YORK, NY–(Marketwired – Mar 25, 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 that the Company has fully explored category expansion opportunities; concluding that an agricultural division could seamlessly tie into FBC Interactive and maximize the DRTV model.
Management indicated that the focus of its agricultural division will be on those products and services that can effectively leverage the emerging multi-billion dollar hemp and cannabis marketplace, by having a wide enough versatility to be sold and marketed through FBC Interactive. Products would demonstrate versatility, having some other additional useful and practical application aside from primarily being a marijuana based consumer product.
“We are finding that the general marketplace is rapidly increasing for those consumer products that lean toward being organic, clean, reusable, sustainable and naturally medicinal in nature,” stated Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. “While having been keenly focused on successfully securing plausible second quarter revenues, we have also been engaged in discussions with a number of parties who have endeavored to develop agricultural based consumer products that have ample utility and application.”
Mr. Russo concluded, “We have currently explored three licensing opportunities. Each of which truly fits the mandate of our new agriculture division. We anticipate having the ability to execute on at least one of these exciting prospects in the very near future — officially inaugurating our new agricultural division with a very useful and versatile consumer product.”
About FBC Holding, Inc.
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.
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