PBHG PBS Holding Inc. (PBHG) Signs Lease on 27,000
Post# of 144495
DALLAS, TX--(Marketwired - Apr 23, 2014) - 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 future 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.