PBS Holding, Inc. (PBHG) Announces the Completion of the Manufacturing & Distribution Facility for Water To Fuel Technology I...
May 06 2014 - 9:30AM
Marketwired
PBS Holding, Inc. (PBHG) Announces the Completion of the
Manufacturing and Distribution Facility for Water To Fuel
Technology Inc.
DALLAS, TX--(Marketwired - May 6, 2014) - 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.
CONTACT: PBS Holding, Inc. 214-418-6940
IR@pbsholdings.info
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