Fuss Brands Corp - FBDS stock

From OTC Wiki

About Fuss Brands[edit]

Description[edit]

Fuss Brands Corp (OTC: FBDS) is a company that focuses on developing and distributing a range of consumer products, including health and wellness products, household products, and personal care products. The website emphasizes the company's commitment to using high-quality ingredients and sustainable practices in its product development and manufacturing processes. Fuss Brands Corp also appears to have a strong focus on e-commerce and digital marketing, with the company's products available for purchase through its website and other online retailers.[1]

The Business Description on OTC Markets website is: "Fuss Brands has the exclusive global rights to market a unique range of fully expandable, versatile, durable suitcases for smart travel. We're proud to offer travelers the ultimate in convenience & versatility with our unique range of fully expandable, durable suitcases for smart travel. This is the first line within the Fuss Brand family."[2]

The profile description on Yahoo Finance is: "Fuss Brands Corp. does not have significant operations. It intends to explore and identify business opportunities within the United States, including a potential acquisition of an operating entity through a reverse merger, asset purchase or similar transaction. The company was formerly known as China Botanic Pharmaceutical Inc. and changed its name to Fuss Brands Corp. in July 2022. Fuss Brands Corp. was incorporated in 1988 and is headquartered in New York, New York."[3]

Name Change[edit]

China Botanic Pharmaceuticals Inc. changed its name to Fuss Brands Corp in July, 2022. The company made the decision to change its name to reflect its new focus on the development and distribution of branded consumer products.[4]

Licensing Agreement[edit]

Fuss Brands Corp has signed a licensing agreement with Anyvention Ltd to acquire the intellectual property rights for several products in the personal care and wellness categories. The acquisition includes several patented products that are expected to enhance Fuss Brands Corp's existing product portfolio and provide new growth opportunities for the company. This is a common strategy for companies seeking to expand their product offerings and strengthen their market position. It will be interesting to see how Fuss Brands Corp leverages its newly acquired intellectual property rights to drive innovation and growth in the competitive consumer goods market.[5]

China Botanic Pharmaceuticals[edit]

Latest Information[edit]

China Botanic Pharmaceuticals formerly traded on the OTC pink sheets market under the symbol CBPI.

An SEC filing in June, 2022 discloses the offering and sale of unregistered securities in the amount of $100,000.[6]

In a tweet dated May 20, 2022 the company announced that they expect to change the name and ticker symbol of the company, and then create a new website and new branding. The tweet notes that the current website is very generic.[7] As of April, 2023 the twitter account no longer exists.[8]

A tweet on May 19, 2022 mentioned that a symbol, name change and reverse split were dependent on FINRA (requested information has been sent by the company). Status is pink current.[9] A name change to Fuss Brands was made in August 2022 and the company intends to pursue a new line of business.[10]

China Botanic Website[edit]

As of April, 2023, the website is no longer active and states that it moved to www.fussbrands.com along with a link to this site. It is not clear if there is a connection between China Botanic and Fuss Brands.

The website, as of May 20, 2022, is one page with the message: "China Botanic Pharmaceutical Inc. does not have significant operations. Previously, it engaged in the research, development, manufacture, and distribution of botanical products, bio-pharmaceutical products, and traditional Chinese medicines in the People’s Republic of China. The company was formerly known as Renhuang Pharmaceuticals, Inc. and changed its name to China Botanic Pharmaceutical Inc. in November 2010. China Botanic Pharmaceutical Inc. was incorporated in 1988 and is based in New York, New York."[11]

  1. Fuss Brands website. Home. Read on 4/16/2023.
  2. OTC Markets. FBDS Stock Profile. Read on 4/16/2023.
  3. Yahoo Finance. FBDS Stock Profile. Read on 4/16/2023.
  4. Market Screener. China Botanic Pharmaceuticals Inc. has Changed its Name to Fuss Brands Corp. July 22, 2022.
  5. KFOR.com. Fuss Brands Corp. Signs Licensing Agreement with Anyvention Ltd. to Acquire Intellectual Property Rights. November 4, 2022.
  6. Seeking Alpha. China Botanic Pharmaceutical Inc. (CBPI) - FORM D | Small Company Offering and Sale of Securities Without Registration. June 14, 2022.
  7. CBPI Official Twitter. May 20, 2022
  8. Twitter. China Botanic. Read on 4/16/2023.
  9. CBPI Official Twitter. May 19, 2022
  10. Fintel.io. Form 8-K Filing. 8/26/2022
  11. CBPI-inc.com. As of 5/20/22

The page is authored by: Wisdom Tree