PBS Holding, Inc. (OTC Pink: PBHG) (PINKSHEETS: PBHG) (the "Company") signed a 1 year lease on a 27,000 sq. ft. building for the manufacturing and shipping of Jazz Candles products. PBS Holding Inc. went from needing a small office located at 1322 Round Table in Dallas, Texas, to needing the entire building for the manufacturing and shipping of Jazz Candles and any further Company expansion. We are in the process of building a climate-controlled room, being built inside the building, which will be completed in the next 2 weeks. This is where the candles will be poured and all inventory stored.
Jazz Candles has now completed its shipping of all candle orders that was taken during the major Retail Gift Market shows that went on from mid January till early March. There was no way we could have made the move of the company during that time with all the orders being shipped. Our acquisition takeover of Jazz Candles was to take place once all prior orders from the Market Shows were shipped and final payment was made to Mr. Steele. It was only fair to allow Mr. Steele to make the revenue on the candles he sold at the Major Markets as he spent the money for the showroom fees and advertising back in early December 2013. As of today any orders coming in will be PBS Holdings Inc. Also thru Mr. Steele’s connections with the major rep groups/showrooms across the United States, Jazz Candles will go from having their products shown in 11 states to now over 30 states and will now have over 45 reps showing Jazz Candles products throughout the Retail Gift Market.
Also thru Mr. Steele's connections with the major reps/showrooms across the United States, Jazz Candles will go from having their products shown in 11 states to over 30 states and will have over 45 reps showing Jazz Candles products throughout the Retail Gift Market.
The Retail Gift Market is only one area of the market we are going to reach with Jazz Candles. We are also going to take a page out of Scentsy's book and go into Direct Sales Marketing as well. Scentsy did $535 million in sales in 2011 with their wax melts and warmers. We know that sales model is proven to work in the candle industry. By the company adding this Direct Sales Model it will allow a huge increase to the already established revenue that Jazz Candles is already bringing in. We will keep our shareholders updated as we continue to move forward with the company.
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 Water To Fuel Technology Inc.
Water To Fuel Technology Inc., a subsidiary of PBS Holding Inc. has the exclusive rights, and technology, to manufacture and distribute worldwide, proprietary technology in converting the components of water (hydrogen/oxygen) to a supplementary fuel. These HHO generators will work in all piston-powered engines and with any fuel. We currently have 10 distributors in the USA, along with 1 distributor in each of the following countries: Africa, Bolivia, Brazil, Italy, and the Dominican of Republic Latin America.
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, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
PBS Holding, Inc.
SOURCE: PBS Holding, Inc.