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Benztech you're right, super thin. This stock moves...
up quickly. Any buying pressure and it will take off. The smart money has accumulated these cheap shares. It has bottomed over the past month.
Take care my friend,
Mike
Looks like a little consolidation today. Shake out the weak hands for the next move up.
Love the green in my account! Closed up 29%!!
Looking good up 33%
PBHG green for me as well
UP 29% on only 394,000 shares traded...
Can't say we have not told peeps to get in while you can. Real company here that is taking it to the next level.
Take care my friends,
Mike
Wow looking strong up 29%. So much for...
the dilution rumors.
Take care my friend,
Mike
Looking like another good day, up 16%!!
Health it was a nice spike in volume that started this move.
I just like how thin this stock is. Takes very little to move it.
Take care my friend,
Mike
UP 61%! When this move is moves quickly. Just goes to show the float is stil really thin.
Take care my friends,
Mike
Looking very strong here today. Shows once again very few shares move this up quickly. Float remains low. That is why this moves so quick so fast.
Take care my friends,
Mike
Mlsses I still here. Waiting on the announcement of the new CEO.
Then we will have someone who can follow thru with content.
Take care my friend,
Mike
Pennylanepam you are 100% correct. Looks like from your DD when you called the company they said they are doing about $500,000/yr. What was just listed was approx. $250,000/yr. Looks like Jazz business has been growing. Direct sales model PBHG has is a great addition to the revenue this company already has.
Here is what was in the PR:
Over the past 10 years we have been impressed with the business model that Scentsy has used and liked the fact that PBS Holding Inc. can bring that sales model to Jazz Candles,” says Mr. Steele president of the company. Mr. Steele went on to say, “We have watched Scentsy sales continue to do very well in the candle industry during this economic slowdown. Scentsy was founded in 2004 and watched their revenue climb from $140,000/year in 2004 to $535 million/year in 2011 using only a direct sales model. Their growth did not slow during the peak of the recession doing over $1 billion in sales from 2004 to 2011.Seeing how well this business model has done, we were very excited to be acquired by PBS Holding Inc. and allow their direct sales model to grow the Jazz Candles brand. This will allow for a huge increase to our already established revenue as it has been proven to work in the candle industry.”
My wife has several of her friends that sales Scentsy. I see peoples car windows with big stickers that says "call me for Scentsy Products". They make anywhere from $200-$1000 per month of extra money. Scentsy only uses a direct sales model having Suzy homemaker selling their product. I believe PBHG has some 20,000 members in their direct sales model. If each one only sold one of the Jazz Candles wax bars which shows to sell on their website for $4.99 that would be $100,000/month in revenue. Now I understand that all memebers will not sell, but I only figured the sell of 1 wax bar. My wife said her friends buy at least 5-7 per a month. So I can see how the people selling Scentsy can make $200-1000 per month.
Direct sales model has made billion dollar revenues for Amway, Avon, Mary Kay, Tuperware, Home Interior, Scentsy and many other companies. Do doubt that sales model works no matter what anyone says! Can't argue with results like that. I'm liking the direction PBHG is going, especailly entering this $2 billion candle industry. Proven business model with Scentsy doing $535 million/year in revenue and now PBHG owns a successful candle business that they can add to their revenue by simply using their direct sales model. Even if they do 1% of the sales Scentsy does that brings in $5.35 million in revenue on top of the money Jazz is already doing. Good move for PBHG.
Take care my friend,
Mike
Hey Pennylane I agree with you. Looking forward to what ever else they have coming down the line. I hope they keep adding companies with revenue.
Take care my friend,
Mike
Pennylanepame you make a good point. Many other items can come into play with the candle business. PBHG is starting to put together a nice group of businesses to sell product and make money. I like the diversity they are putting together.
Take care my friend,
Mike
MGREGO I have notice that as well. If we really had 1 billion shares in the float the volume would be way higher then what it is trading. Also would be 10's of millions of shares on the ask on each tick up. Not even close to that. Yesterday's movement proved that once again.
Take care my friend,
Mike
Clean4U I remember Clark told me that we will have instant revenue once Ipoint was mergered into SWRF. We will see this run soon. I think .001 was the bottom.
Take care my friend,
Mike
Big time buys today with this amount of volume. From no bid to big bid support and pretty thin ask at .0003 which we have not had before.
Take care my friends,
Mike
Welcome ppattishal! Looks like we have a winner here. News today is huge. I like what the company is doing.
Take care my friend,
Mike
Great call ArchiH. You could see it all day as they are accumulating on the bid. Then at the end they pound the ask for the next step up. You are right I was here for the run to .14 a few months ago. They did it exactly the same way. The shares are really thin here. It takes nothing to move this up. Chart is turning up nicely and when the chart players hit like you said it is on like donkey kong!! I just hope this time runs nice and slow as all this news gets absorbed in. Todays news was huge. Have a company that has a great product and revenue.
Take care my friend,
Mike
Trading 101 if they buy on the bid it does not go up.
They are not. Just like yesterday at the close that 180,000 share block that showed as a sell was actually a buy on the bid. Same thing happening here today. I know who has bought over 500,000 share on the bid and they are showing as sells.
Take care my friend,
Mike
Looks like they are saying everything they can to keep the price down so they can load up. Everything that has been said about dilution is all a bunch of crap. This stock moved up so quick yesterday on only 1 million shares. Today went up 47% in the first 5 minutes on 49,000 shares. ANY buying pressure on the ask and this goes up fast. Happened yesterday, happened this morning.
They own a real company that has revenue of $500,000 that is a fact as we seen in the PR today. So that means they are doing things to bring in money. Far from a scam if you ask me.
Take care my friends,
Mike
Someone really wants some shares. .0003 up and traded 281 million in about an hour.
Take care my friends,
Mike
Huge buying going went from no bid to now a bid of .0002 and ask of .0003. Something is going on. Thanks for the cheap shares.
Take care my friends,
Mike
Penny your right no proof of dilution...
Yesterday less then a million shares sent this up 50%. This morning less then 48,000 shares had us up 47%. All this talk over the past 2 months about dilution is completely wrong. No way this moves up that fast unless we still had a really low float of less the 30 million shares.
Take care my friend,
Mike
GREAT DD PENNYLANEPAM! THANK YOU FOR YOUR EFFORTS...
Sounds like they made a great buy with this company. I don't care what anyone says on this board about no money Jazz Candles just confirmed they were bought out in a cash deal. That is all that matters. This company did not sell for cheap if they did $500,000 in sales and have no debt on the company. So all the stuff about PBHG being posted and them not having anything is not true.
Take care my friends,
Mike
Up 47% in 5 minutes on 47,000 shares!!!
ArchiH says in the PR they bought Jazz Candles.
NEWS$$$$$ PBHG BUYS JAZZ CANDLES ENTERS $2BILLION INDUSTRY...
PBS Holding, Inc., (PBHG). Acquires Jazz Candles.
Dallas, TX– February 6th, 2014 – PBS Holding, Inc. (OTC: “PBHG”), (the “Company”), today released an update to shareholders.
PBS Holding Inc. enters into the $2 Billion candle industry with acquisition of Jazz Candles. PBS Holding Inc. has acquired Candle Cave Inc. dba Jazz Candles that was started in 2005. They have been one of the fastest growing candle businesses in the south. Jazz Candles is known throughout the industry for having one of the strongest scented candles, wax melts, and room sprays in the market today. “We have had over 200 retail stores that have brought in our products in the past few years as our business continues to grow. One thing we are always looking for is ways to increase our revenue. Over the past 10 years we have been impressed with the business model that Scentsy has used and liked the fact that PBS Holding Inc. can bring that sales model to Jazz Candles,” says Mr. Steele president of the company. Mr. Steele went on to say, “We have watched Scentsy sales continue to do very well in the candle industry during this economic slowdown. Scentsy was founded in 2004 and watched their revenue climb from $140,000/year in 2004 to $535 million/year in 2011 using only a direct sales model. Their growth did not slow during the peak of the recession doing over $1 billion in sales from 2004 to 2011.Seeing how well this business model has done, we were very excited to be acquired by PBS Holding Inc. and allow their direct sales model to grow the Jazz Candles brand. This will allow for a huge increase to our already established revenue as it has been proven to work in the candle industry.”
“PBS Holding Inc. is excited to have acquired one of the best candle companies today, which has a superior product, compared to what the industry offers. According to the National Candle Association candles are used in 7 out of every 10 U.S. homes today, with women buying 90% of all candles. With the mass amount of homes this covers we know this company will fit in well with our business model, www.starfestdirect.com/info ” added Mr. Vakser.
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. http://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,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
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=1074217953
This is huge news for PBHG. My wife has several of her friends that sales Scentsy. I see peoples car windows with big stickers that says "call my for Scentsy Products". They make anywhere from $200-$1000 per month of extra money. They only use a direct sales model as Suzy homemaker is out selling their product. I believe PBHG has some 20,000 members in their direct sales model. If each one only sold on of the Jazz Candles Quarters wax bars which shows to sell on their website for $4.99 that would be $100,000/month in revenue. Now I understand that all memebers will not sell, but I only figured the sell of 1 wax bar. My wife buys several at a time each month. So I can see how the people selling Scentsy can make $200-1000 per month. Direct sales model has made billion dollar revenues for Mary Kay, Tuperware, Home Interior, Scentsy and many other companies. Do doubt that sales model works! Can't argue their with results like that. I'm liking the direction PBHG is going.
Take care my friends,
Mike
SOMETHING VERY INTERESTING ABOUT TODAYS AFTERHOUR T TRADE...
I was looking at the buys at the end of the day and noticed 2 things that stood out on those 2 T Trades that occured after hours. The first one was for 180,000 shares at .0097 and the second was for 500,000 shares at .0076.
Now look down the list of trades in the last 10 minutes. There was 2 trades that matched exactly those 2 T trades. One for 180,000 shares at 15:58:49 for .0099 and one for 500,000 shares at 15:49:02 for .0078. Both of these trades were exactly .0002 more then the after hour T Trades of .0076 and .0097. Seems the MM's made a little money at the EOD on these 2 trades as they settled their accounts and here is the proof.
I have been saying the afterhour T Trades are nothing more the MM's settling their accounts. This is not a coincidence. 2 trades during regular trading hours, both of odd sizes and both match exactly the T Trades afterhours when lots of orders was coming thru. Folks the real truth is T Trades is not dilution it is simply MM's settling their accounts and this clearly shows just that.
By the way the trade of 180,000 shares at 15:58:49 was a friend of mine that put in a buy order on the bid at .0099 and it filled his order. It shows as a SELL, when it was actually a BUY!!! He sent me a email showing me his trade.
Here is a time and trade picture from IHUB trades:
Take care my friends,
Mike
Penny exactly. I noticed someone was bid setting the past few days trying to get filled and could not. Noticed the bid kept creeping up today. Then toward the EOD they decided they wanted in and just hit the ask. I think they probably thought it was not going any lower. It shows how thin it was as they were buying the shares were not there and the price was being moved up because there was little supply of shares. Just the way a low float stock trades.
Take care my friend,
Mike
Carlson it appears someone thought the share price was low enough and wanted in. If you don't own it I would take a position in what I feel is a really good company. Really low share structure and it moves up quickly.
Take care my friend,
Mike
Looks like the float must still be very small as we seen a little buying action at the eod move this stock up 50% on about 1 million shares. Tells me all I need to know.
Take care my friends,
Mike
That is what I like about stocks with low floats. They can move quickly. The share structure on this one is really low both A/S and O/S shares.
Take care my friend,
Mike
Ray patience is a must with any stock. They ALL have their ups and downs. This stocks is no different. I think we are at the bottom. We have been trading here for the past 3-4 days.
Take care my friend,
Mike
Penny you are right. Even that would be considered a low float stock. Don't think we are anywhere near that but. The float on this stock is extremely low at 21 million. Even if it was 40 million that would be considered very low. We will know for sure once it starts to run.
Take care my friend,
Mike
Pennylanepam I like your thinking! This stock has a lot of potential. And a low floater sure makes it one that can move up fast. Don't see to many stocks in penny land that has this low of a A/S and O/S and a tiny float of 21 million shares.
Take care my friend,
Mike
Benztech I've taken advantage of the cheap share price while I was away and added to my position. Been awhile since news has been released. I agree with you news should come out soon.
Take care my friend,
Mike
Marilynt I've been away for a few weeks and did not have much time to post on the board. I was able to add shares to my position the past week. I think we have hit the bottom.
Take care my friend,
Mike