3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc (OTC Pink: TDEY) (PINKSHEETS: TDEY): After talking with our rep groups/showrooms it was determined we needed to offer a custom E-Cig for the gift market industry. The majority of customers shopping at retail gift stores are women. We need to offer an E-Cig that will appeal to them. We are currently in negotiations with one of the largest E-Cig manufactures to make us a custom E-Cig that has embossed jewels and designs that will be appealing to women, at a wholesale price point that will work for the gift market industry.
The E-Cigarette market did $2.5 billion in sales in 2013, and is projected to do $10 billion by 2017. Being the first to the gift market industry has the potential to offer huge revenue. We believe we can generate $8-10 million in annual sales. Our sister company PBS Holding Inc. acquired Jazz Candles, whose previous owner has strong ties to the gift market industry. He has connections with all the major rep groups/showrooms and is working to secure representation across the entire United States to sell our E-Cig products.
We are proud to announce that Cathy & Co. has come on board to sell our E-Cig products to the gift stores in Missouri, Iowa, Nebraska and Kansas. Cathy & Co. has been in business for 20 years and has 7 reps covering these 4 states. This very experienced rep group has been with Cathy & Co for an average of 14 years. You can visit them at www.cathyandcoinc.com.
We now have 3 major rep groups/showrooms covering 21 states, with 30 reps, that will sell our E-Cig products to the gift market industry.
The big part of the E-Cig market is the reorder on the vapors. All of our vapors will be manufactured in house by Jazz Candles, which is currently working on developing their signature scents into food grade flavor vapors for our E-Cigs.
By doing the vapors in house it will give us greater QC, more flavors choices and increased profit margins, which will bring more profit to our bottom line on what will be our biggest reordered product.
Our sister company, PBS Holding Inc. signed a lease to rent the entire 27,000 sq. ft. building located at 1322 Round Table, Dallas Texas. This will be the new home for Jazz Candles and the location of the E-Cig Company. We will continue to keep you updated with developments as they happen.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
3D Entertainment Holdings, Inc
SOURCE: 3D Eye Solutions, Inc.