PBS Holding, Inc. (OTC Pink: PBHG) (PINKSHEETS: PBHG) (the "Company") would like to announces the completion of the manufacturing and distribution facility for Water To Fuel Technology Inc. Yesterday we started full production on the MagDrive HHO generators. We want to thank Jim Cornell, CEO of Fuel from H2o, who has given Water To Fuel Technology Inc., a subsidiary of PBS Holding Inc., the exclusive rights and technology to manufacture and distribute worldwide their proprietary technology in converting the components of water (hydrogen/oxygen) to a supplementary fuel. Jim has spent the past month in Dallas setting up the facility, getting all supplies ordered in, and training our staff to build the MagDrive HHO generators according to his exact specs. Our main focus now is to build the HHO generators and get them shipped out to fulfill in hand purchase orders. We especially want to thank our President, Michael Reed, for helping Jim set up the facility and undergoing the training to know exactly how to build the HHO generators. Mr. Reed over delivered on his promise to have the units ready by May 10th, 2014. He will now be overseeing the full production and exclusive worldwide distribution of these HHO generators.
Major efforts will now be made to continue marketing and selling these MagDrive HHO generators to the trucking industry, motor home industry, the heavy equipment industry along with heavy equipment construction companies, and generator manufacturers.
"We are very excited with the direction the Company has taken as we are striving to bring in major revenue for 2014 and beyond. We have made 2 acquisitions this year. We estimate combined revenue from both of these companies; Jazz Candles and Water To Fuel Technology Inc., to be over $3.2 million for 2014, based on their past year's revenue, and in hand purchase orders. We are very excited to have both of these companies in our portfolio. Both are well-established companies that will bring instant revenue to the Company," stated Mr. Reed.
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. We currently have 10 distributors in the USA, along with distributors in each of the following countries: Africa, Bolivia, Brazil, Italy, and the Dominican Republic Of Latin America.
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, 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.