PBS Holding, Inc. (PBHG) Announces the Move of FuelFromH2o Inc. to
Dallas, TX
DALLAS, TX--(Marketwired - Apr 1, 2014) - PBS Holding, Inc. (OTC
Pink: PBHG) (PINKSHEETS: PBHG) (the "Company") announces the move
of FuelFromH2o Inc. to Dallas, TX.
PBS Holding, Inc. would like to announce the move of FuelFromH2o
Inc., an Atlanta based business since 2004, to Dallas, TX. As was
announced last week, PBS Holding Inc. acquired a HHO generator
company. The company, FuelFromH2o Inc. (www.FuelFromH2o.com), 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.
FuelFromH2o Inc. was founded January of 2004 by CEO/Engineer Jim
Cornell with the introduction of the first MagDrive Hydrogen
Generator Series 8. Jim started his work in developing and
perfecting the Hydrogen Generator as early as 2002 with the Series
1 model. He started selling the Series 8 when it was proven to
be completely safe, and effective in increasing fuel mileage in
2004. Jim's Military background of inertial guidance systems, nuke
arming chains, missile peripherals and making things glow in the
daylight or dark, made it a lot easier to accomplish the quality
product he has created today.
During July of 2008 MagDrive celebrated its 8,000th unit being
shipped, a great accomplishment in 4 short years, that summed up to
over 130 Million pounds of emission reduction of CO2 gases and over
100,000 barrels of oil that America did not have to import.
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. 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.
Our newly appointed president, Michael Reed, has a degree in
engineering from Texas A&M. He was a former distributor and
installer of FuelFromH2o Inc. Hydrogen Generators in Carrolton, TX.
Jim Cornell is currently in Dallas, training Mr. Reed along with 4
other employees on how to build all the HHO generators. Complete
training will be finished in about 30 days. At that time Water To
Fuel Technology Inc. will be the exclusive manufacturer and
worldwide distributor of all products currently being sold by
FuelFromH2o Inc. Mr. Reed 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 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. We will continue to work on making
PBS Holding Inc. completely diversified. Our focus is to have
multiple revenue channels, which will provide a major stream of
income to our Company," stated Mr. Vakser.
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 and with any fuel. We
currently have 10 distributors in the USA, along with 1 distributor
in each of the following countries: Africa, Bolivia, Brazil, Italy,
and the Dominican of Republic, Latin America.
www.WaterToFuelTechnology.com
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
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