DOVER, N.H., Sept. 29, 2010 (GLOBE NEWSWIRE) -- FBC Holding (OTCBB:FBCD) is pleased to announce that the company has secured two million dollars in equity financing with Wearology Limited USA. The equity shall be purchased through preferred stock; the price will be determined based on individual tranche notices that the company submits to Wearology. As such, the price will be determined by a five day volume weighted average price. "We are extremely pleased with the financing," said Christopher LeClerc, the company's president. "It allows us to roll out new product lines across many of our newly acquired licenses." FBC Holding will be changing its name to Super Rad Industries, as per the option and asset purchase it acquired from Super Rad Toys of Los Angeles California. "We feel Super Rad is very well positioned in the toy industry with many exciting licenses and products; the Super Rad lines offer our shareholders the growth we have been positioning ourselves for," said LeClerc.
CONTACT: FBC Holding Inc. Christopher LeClerc 603-540-0828 cjleclerc@pgcinv.com
