FBC Holding, Inc. (FBCD) Looking to Expand 3rd Location in Las Vegas

Rhea-AI Summary

FBC Holding, Inc. (OTC PINK:FBCD) is potentially acquiring its third retail location at the Fashion Show Mall in Las Vegas. The mall, known for its high foot traffic and weekend fashion shows, represents a significant growth opportunity for the company. President & CEO Lisa Nelson emphasized the strategic importance of the location for their high-end clothing line, noting Las Vegas's visitor volume surged 91.2% in January 2022 compared to 2021. The planned expansion aims to enhance revenue potential for the subsidiary, Formrunner Apparel Inc..

Positive

• Potential acquisition of a high-traffic retail location at Fashion Show Mall in Las Vegas.
• Visitor volume in Las Vegas rose 91.2% in January 2022 from the previous year.
• Expansion could significantly increase revenue opportunities for Formrunner Apparel.

Negative

• None.

SCOTTSDALE, AZ / ACCESSWIRE / March 17, 2022 / Today FBC Holding, Inc. (OTC PINK:FBCD) through its wholly owned subsidiary, Formrunner Apparel Inc. is pleased to announce that the company may be acquiring a 3^rd retail location at Fashion Show Mall in Las Vegas.

FBC Holding, Inc. is currently getting an application reviewed for a retail location at Fashion Show in Las Vegas. Fashion Show is a shopping mall located on the Las Vegas Strip in Paradise, Nevada. The mall hosts weekend fashion shows on a retractable runway within the mall's central atrium, hence the name. Once location is approved, this is going to be huge and will open many avenues along with growth and massive revenue opportunities.

President & CEO Lisa Nelson states "This is tremendous news for the company as a whole and this location would be absolutely ideal due to the specific high-end clothing that we make and sell!"

Lisa Nelson also stated, "The amount of foot traffic in Las Vegas is immaculate and this is the step in the right direction to get Formrunner Apparel to an explosive level!"

As of January 2022, the visitor volume in Las Vegas is 2,474,800 and it increased 91.2% from 2021. Formrunner Apparel has big plans for 2022 and will keep shareholders updated every step of the way!

About Formrunner Apparel Inc.

Formrunner Apparel Inc. is a wholly owned subsidiary of FBC Holding, Inc. Formrunner Apparel Inc. carries a variety of Top-Notch Streetwear & Accessories located in Scottsdale, Arizona. Formrunner can be viewed and purchased on the Company's website at www.formrunnerapparel.com.

CONTACT:
Formrunner Apparel Inc's main website at www.formrunnerapparel.com
Twitter: https://www.twitter.com/FormrunnerTM
Instagram: https://www.instagram.com/Formrunner
Instagram (Mall Location): https://www.instagram.com/Hyperviolentaz
Hyperviolent Main Website https://www.hyperviolent.com

IR Contact:
info@formrunnerapparel.com

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See FBC Holding, Inc filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Safe Harbor Statement

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking.

SOURCE: FBC Holding, Inc.

View source version on accesswire.com:
https://www.accesswire.com/693407/FBC-Holding-Inc-FBCD-Looking-to-Expand-3rd-Location-in-Las-Vegas

FAQ

What is FBC Holding's latest news as of March 2022?

FBC Holding is looking to acquire a third retail location at the Fashion Show Mall in Las Vegas.

How much did visitor volume in Las Vegas increase as of January 2022?

Visitor volume in Las Vegas increased by 91.2% compared to January 2021.

What impact could the new location have on FBC Holding's revenue?

The new location is expected to open up significant revenue opportunities for Formrunner Apparel.

What is the stock symbol for FBC Holding?

The stock symbol for FBC Holding is FBCD.