PBS Holding, Inc. (PBHG) Signs $5 Million Funding Deal
11 Março 2014 - 2:55PM
Marketwired
PBS Holding, Inc. (PBHG) Signs $5 Million Funding Deal
DALLAS, TX--(Marketwired - Mar 11, 2014) - PBS Holding,
Inc. (OTC Pink: "PBHG") (PINKSHEETS: PBHG), (the "Company"), today
released an update to shareholders.
Today, PBS Holding Inc. is proud to announce the signing of a
major funding deal with Mastiff Funding Group for $5 million over
the course of 36 months. This funding will be used immediately
to fund the projects we have been working on over the last several
weeks.
"The past few weeks we have made great efforts to expand our
product development to include and provide for the new and emerging
multi-billion dollar marijuana markets. We understand the
importance to execute and get our products in this ever growing
market place at once. The $5 million funding will make this
possible. We want our shareholders to know we are taking the
marijuana market serious, as we see major revenue going to our
bottom line with the products we have. This market sector is
enormous, and has just begun. It will only grow bigger as more and
more states legalize marijuana," stated Mr. Vakser.
The products will be marketed thru traditional retail, branded
and co branded wholesale, and as legalization expands, into the
retail markets. We see the edibles area of this marketplace as
being a niche, high profit area. Our selections will include
candies, drinks, soups, and ice cream, pop cycles, chewing gum,
vitamin substitutes, range of desserts and many others items.
Examples of products ready to produce are:
Chill Drinks - A cool smooth relaxing drink with added natural
relaxation herbs to help deal with today's over stressed
lifestyles. These drinks will be available in a variety of flavors
and strengths that will help with different needs, such as
relaxation to a sleep aid.
Cannabis Candles and Scent Oils - A wonderful selection of
candles and oils to sooth and relax away the days stress. "I must
say I laughed when this idea was brought to me, but Jazz Candles
have an amazing scent range and really have a stress relieving
nature. This is a touch and smell item that will do very well at
retail, and direct sales marketing, as we have a broad range of eye
catching designs," said Mr. Vakser.
We will be updating our shareholders frequently on our new
products as they roll out, and as distribution agreements are
signed with various retail chains and convenient stores.
About Jazz Candles
We strive to provide our customers the safest and highest
quality products available on the market today. In an age when the
candle industry has been inundated by candle marketers, we stand
fast to our commitment to the craft and art of making quality
highly scented candles. It takes a careful formulation of quality
ingredients to create strong scented candles, with brilliant
colors, true fragrance scents, and a consistency that makes
the candle burn cleanly and safely. We continue to research
and develop fragrances and wax formulations that serve as the
major foundation that has made our candles the leader in the
industry of highly scented candles. Our method is not the
easiest or least expensive way to make candles, but we believe it
is the right way - the only way to get the safest, highest quality
candles you have come to expect from Jazz Candles.
www.jazzcandles.com
About PBS Holding, Inc. PBS Holding Inc through its direct sales
group, recently launched, "De Vie Sun", which is translated,
"Healthy Life". This product is the first to be introduced by the
Company, which is focusing on the development, marketing and
distribution of nutritional and functional beverages for consumers.
The Company is marketing this product through the home-based direct
sales channel. www.starfestdirect.com
Safe Harbor Statement: This release includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934. Certain statements set forth in this press release
constitute "forward-looking statements." Forward-looking statements
include, without limitation, any statement that may predict,
forecast, indicate, or imply future results, performance or
achievements, and may contain the words "estimate", "project",
"intend", "forecast", "anticipate", "plan", "planning", "expect",
"believe", "will likely", "should", "could", "would", "may" or
words or expressions of similar meaning. Such statements are not
guarantees of future performance and are subject to risks and
uncertainties that could cause the company's actual results and
financial position to differ materially from those included within
the forward-looking statements. Forward-looking statements involve
risks and uncertainties, including those relating to the Company's
ability to grow its business. Actual results may differ materially
from the results predicted and reported results should not be
considered as an indication of future performance. The potential
risks and uncertainties include, among others, the Company's
limited operating history, the limited financial resources,
domestic or global economic conditions -- activities of competitors
and the presence of new or additional competition and conditions of
equity markets.
CONTACT: PBS Holding, Inc. IR@pbsholdings.info 214-418-6940
PBS (CE) (USOTC:PBHG)
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