FBC Holding Inc (OTCMKTS:FBCD) Lost In Oblivion
Since the last week of February, the momentum in FBC Holding Inc (OTCMKTS:FBCD) stock has dropped considerably. The company last released an official release a couple of years ago, wherein it provided an overview of its accomplishments of 2014 and how it intended to be positioned in 2015.
Frank Russo, the CEO of FBC Holding, at that reported that 2014 was a milestone year for them. Repositioning the firm within the DRTV industry was one of the key achievements of 2014. First they associated to supply a major DRTV marketing firm with more than 1.4 million compression sleeves, with exclusive technology that filled copper threads into the compression substance.
They gained extensive knowledge within this innovative arena and even deliberated entering into this market with their own line of products. However, as the company explored the industry with the products that they advanced, the firm identified that the demand and prospective ROI was not promising, hence they determined to not take that menace.
As FBC Holding was examining the DRTV marketplace, the firm was familiarized to other potentials which presented exceptional investment prospects. These two autonomous moves in 2014 delivered company, the unique chance to help both firms in introducing and re-introducing their respective brands.
At that time, the CEO had added that rolling into 2015, they are extremely thrilled with their prospects for the firm, as they continue to play a vital role in each of the firm’s business strategies. Focusing on the revenue prospects that each present, they continue to witness the momentum growing with sales, offering a solid base and get revenue for the firm.
Another measure for FBC Holding in 2015 will be an underway measure to engage with company’s shareholders in an increasingly direct manner. The update released at that time was extremely promising, but since then the company has not submitted any official filing with the SEC.© Copyright 2016 OTC News Magazine. All rights reserved.