$PBHG PBS HOLDING, IN. - PRESS RELEASE – FOR IMM
Post# of 1187
Posted On: 03/25/2014 10:38:38 AM
$PBHG PBS HOLDING, IN. - PRESS RELEASE – FOR IMMEDIATE RELEASE
PBS Holding, Inc., (PBHG) Announces The Acquisition Of A World Leader In Water To
Fuel Technology.
Dallas, TX- March 25th, 2014 – PBS Holdings, Inc. (OTCPK: “PBHG”), (the “Company”),
announces the acquisition of a world leader in water to fuel technology.
PBS Holdings Inc. would like to announce the acquisition of all the exclusive rights, and
technology, to manufacture and distribute worldwide, this proprietary technology in
converting the components of water (hydrogen/oxygen) to fuel. The Company has begun
moving this Atlanta based manufacturing and distribution center to Dallas where it will be
placed into and operate under the name Water To Fuel Technology Inc., a subsidiary of
PBS Holdings Inc. The website information for Water To Fuel Technology Inc. will be
released later this week.
As we see the growing concerns of rising fuel prices, it only made sense for us to offer an
inexpensive and affordable way to help increase fuel mileage and efficiency with the
installation of a Hydrogen Generator. By converting the components of water into its
primary elements of Hydrogen and Oxygen (HHO) and introducing the hydrogen/oxygen
gas it produces in conjunction with your regular fuel, our Hydrogen Generators have shown
to improve the fuel economy of your engine from 15 - 45%+ as well as drastically reduce
emissions to exceptionally clean standards. Our Hydrogen Generators can be used on any
piston-powered engine such as those in cars, trucks, diesel trucks, boats or stationary
engines such as power generators and irrigation pumps. Our Hydrogen Generators will
work on a wide range of fuel such as gasoline, diesel, bio-diesel, vegetable oil, ethanol,
E85, E10, CNG and LPG. By converting your vehicle in to a Hydrogen Hybrid, this
alternative renewable energy will not only improve fuel economy but it will also drastically
reduce emission exhaust levels. Hydrogen Generators are an on demand supplemental fuel
system.
We are extremely excited that our negotiations were completed in a timely manner, and
appreciate Mr. Stokes accomplishment in securing this deal so quickly for PBS Holding
Inc. Now that this acquisition has taken place, Mr. Stokes has chosen to step down as the
CEO, and continue as an outside consultant to bring more deals and acquisitions to the
Company. Our newly appointed president, Michael Reed, has a degree in engineering from
Texas A&M. He will be a tremendous asset to the company as he brings a wealth of
experience and management skills that will make this acquisition run and operate smoothly.
“This is our second major acquisition in less than 2 months. We estimate combined revenue
from both of these companies; Jazz Candles and the acquired company being placed into
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 will continue to work in making PBS Holding
Inc. completely diversified, by having multiple revenue channels, which will provide a major
stream of income to our Company”, stated Mr. Vakser. More updates to our shareholders will
come as developments take place.
PBS HOLDING, INC.
1322 Roundtable Drive
Dallas, TX, 75007
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.
CONTACT: PBS Holding, Inc.
IR@pbsholdings.info 214-418-6940
(0)
(0)PBS Holding Inc. (PBHG) Stock Research Links
Scroll down for more posts ▼