DALLAS, TX--(Marketwired - Jun 17, 2014) - PBS Holding, Inc. (OTC Pink: PBHG) (
PBS Holding Inc. has an exclusive distribution contract from the licensee of framed 3D images of Thomas Kinkade art. This unique process is only available to PBS Holding Inc. We want to thank Best Of American Art Inc. for working with us and establishing this exclusive opportunity for the Company.
The Company also wants to thank Michael Reed for his service as President over the past few months. Now that Water To Fuel Technology Inc. is in full production of manufacturing, installing and distributing the HHO generators, we needed Michael to devote all his time on the growth of that division of the Company.
PBS Holding Inc. has made two acquisitions year to date and now has several income producing divisions, licensed Thomas Kinkade™ framed 3D art, Jazz Candles, and Water To Fuel Technology Inc., who have the exclusive rights and technology to manufacture and distribute worldwide Fuel From H2O HHO generators. We are excited with the direction the Company has taken as we are striving to bring in major revenue for 2014 and beyond. We have made two 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 current purchase orders This does not include the potential revenue from the sales of the Thomas Kinkade™ framed 3D art. The Company looks forward to reporting to you in the coming weeks on our progress as we are aggressively implementing our nationwide expansion of sales of the HHO generator, fulfilling purchase orders and completing the move of Jazz Candles, along with the sales of the Thomas Kinkade™ framed 3D art.
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 Of Republic 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. is a publicly trading company whose goal is to acquire, develop and secure companies and revenue producing projects in order to grow its portfolio. The company's growth is accomplished by strategic mergers and acquisitions. 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. This sales and marketing division will also be selling r exclusive licensed Thomas Kinkade™ 3D art and other Art, Memorabilia and Lifestyle Lines of Products and Services. The Company is marketing these products through its Enterprise Software 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.