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FBC Holding & HandTrux, LLC Ramp Up Partnership Discussions
Expansion Into DRTV Toy Category Imminent With HandTrux Toys
|By Marketwired .
|May 21, 2014 09:37 AM EDT
NEW YORK, NY -- (Marketwired) -- 05/21/14 -- 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's partnership negotiations with toy designer and manufacturer, HandTrux, LLC., have ramped up as the two companies explore a market expansion of the popular and versatile toy line, HandTrux (http://www.handtruxtoys.com/).
In a previous release, Frank Russo, Chief Executive Officer of FBC Holding, Inc., noted that what originally caught his interest in HandTrux toys was an episode of The Weather Channel's Reality TV show "Prospectors." It was in this unsolicited televised display, the children's toy -- simple in design, use and function -- was actually used for mining. With FBC having launched an initiative to enter into the DRTV toy category, management focused on toys that were simple, novel and economical with proven sales history, prompting Mr. Russo to say, "We just had to jump at the opportunity to bring this product [HandTrux] to FBC Interactive's DRTV market."
Ongoing discussions between FBC Holding and HandTrux, LLC revealed certain opportunities to grow the business of both companies while increasing the marketability and overall sales of the HandTrux line of toys. With the success of HandTrux's Backhoe sales, along with its current purchase orders, HandTrux, LLC has already secured a number of manufacturing and distribution deals; lending to FBC's overall interest in the toy manufacturer. FBC is confident that DRTV's toy category can be leveraged to greatly enhance the overall sales and marketability of HandTrux to deliver additional income to FBC Interactive's current and continuously increasing revenue stream.
Executives have completed a series of discussions which FBC's management believes will likely result in a rapid and lucrative expansion to benefit both companies.
About HandTrux, LLC.
HandTrux, LLC. is an American Toy Company dedicated to offering refreshing, unique, creative and imaginative branded toys, entertainment products and media content. The brainchild of inventor and former professional heavy equipment operator, Ernest Autumn Van Den Heuvel, HandTrux is a line of unique sandbox-sized machines that look and work like big industrial machinery, allowing the user to physically transform into a digging machine. The line, comprised of the Backhoe, Dump Truck and Bulldozer, have created a national buzz amongst everyone from parents watching their children play at the beach to The Weather Channel's "Prospectors" (Reality TV show) dig through dirt and rock, mining for valuable minerals.
These unique sandbox sized dirt machines look and work just like the Big Iron. With the patented Handraulic power-grip® hidden inside each machine, kids can really do precision digging and excavate sand, loose dirt, mud, and snow for hours of unstructured imaginative playtime.
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.
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.
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