PBS Holding, Inc. (OTCPK: PBHG) Announces the Appointment of New CEO, Board Members and President
March 21 2014 - 9:12AM
Marketwired
PBS Holding, Inc. (OTCPK: PBHG) Announces the Appointment of New
CEO, Board Members and President
DALLAS, TX--(Marketwired - Mar 21, 2014) - PBS Holding, Inc.
(OTC Pink: PBHG) (PINKSHEETS: PBHG) (the "Company") today released
the following update.
PBS Holding Inc., would like to announce the appointment of
Thomas Stokes as the new CEO and Michael Reed as our new
President. Mr. Stokes has been a consultant to the company and one
of the original investors. For the past ten years he has been
involved as an investor and business developer in several microcap
companies. He will lead and manage the business development and
business plan implementation, as well as Mergers and Acquisitions
for the company. Mr. Stokes will join the Board of Directors along
with the company's new President, Mr. Michael Reed. Mr. Reed
brings over 20 years experience in business, logistics and asset
management, along with product development, to PBS Holding
Inc. He has conducted media events and developed strategic
relationships with NASCAR teams and other motor sports entities
(NHRA, SCCA, CART, ARCA). Mr. Reed will certainly compliment
our new company officers and new professional services provider.
PBS Holding Inc.'s goal is to begin the process to become a
fully reporting filer and move to the next trading tier.
Recently, the company completed several acquisitions and
distribution agreements:
Our company, PBS Holding Inc., represents several products from
its own wholly owned subsidiaries, such as DeVieSun ("Healthy
Living") products, Jazz Candles and various products for the new
and emerging Marijuana Markets. The distribution deals with GPP and
CMG, are perfect strategic partners to represent our products to
all segments of retail and distribution chains. GPP and CMG have a
tremendous background and have developed relationships and clients
with some of the largest retail stores, and markets across the
country. "Our current 'direct sales' approach is being developed
for the MLM and Direct Sales industries, while the distribution
deal with GPP and CMG, will open doors to a wider audience to
increase our sales potential for all of our product lines in the
retail markets. By doing this we will be completely diversified by
having multiple revenue channels, which will provide a steady
stream of income to our company," stated Mr. Vakser.
We will continue to update our shareholders frequently on our
new products as they roll out and as distribution agreements are
signed with various retail chains and convenient stores.
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
About GPP and CMG companies:
Global Product Placement LLC, http://gppallaccess.com/, ( GPP),
a strategic partner and sister company of Cold Mountain
Group Inc., (CMG). www.coldmountaingroup.com are companies
with a vast experience and background in sales and distribution of
hundreds of products on a National and International level.
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,
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
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