FBC Holding Inc. (OTCMKTS:FBCD) Working to Sign Letter of Intent with Music Rap Artist

On Wednesday, FBC Holding, Inc. (OTCMKTS:FBCD) via its wholly owned subsidiary, Formrunner Apparel Inc., announced on October 12, 2022 about being involved in discussions with a Music Rap Artist for collaboration purposes, along with Brand Ambassadorship opportunity for Formrunner Apparel.

Trading Data

On Wednesday, FBCD stock ended flat at $0.0003 with more than 7.20 million shares, compared to its average volume of 45.30 million shares. The stock moved within a range of $0.0002 – 0.0003 after opening trade at $0.0003.

FBC Holding, Inc. (FBCD) Enters Into Letter of Intent With Music Rap Artist

President & CEO Lisa Nelson says that the Rap Artist they are talking with, has more than 5 million followers on Instagram. They are an ideal fit for their specific style of clothing. It is going to do wonders for the company, while boosting revenue and bringing more growth opportunities with time.

Formrunner Apparel Inc. has built its reputation and credibility, by providing both quality and affordable prices. That is why, it has emerged as one of the most respected and reliable names in the retail clothing space.  Customers are extremely fond of their varied, high-end clothing, top notch customer service, competitive pricing, and easy payment alternatives. Since Hyperviolent first opened, Formrunner Apparel Inc. has managed to set up valuable long-term relationships with customers and distributors.

The Rap Artist is all set to become a brand ambassador of Formrunner Apparel. They will create content tailored exclusively for the brand, and help spread its message. FBC Holding, Inc. is quite hopeful about this association. Detailed updates will soon be provided to shareholders.

Key Quote

President & CEO Lisa Nelson states, “The Rap Artist we are working with has well over 5 million followers on Instagram and is a perfect fit for our specific style of clothing!”

Technical Data

FBCD stock is trading below the 20-Day and 50-Day Moving averages of $0.0003 and $0.0003 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0006.