some major revs coming here. multiple subsidiaries with multiple revenue streams would indicate the pps is undervalued here imo.
from an email nicely breaking things down:
PSGI is focused on the food and beverage, entertainment, hospitality, risk management, healthcare and disaster relief industries.
PSGI wholly owned subsidiaries include:
AllStar
AllStar markets, sells, and distributes product lines under the brands: Hemp-C, Hawaiian Tropical Ice, NeOgyn, Fusion Geyser, Geyser Sport, and Geyser Fruta.
These brands produced over $3.1 million in combined annual revenue for PSGI.
The products are developed and geared to the health conscious consumer looking for an alternative to products containing high sugar and/or caffeine.
AllStar's clientele include grocery and convenience store retail operations, governmental agencies, and wholesale distributors who in turn sell to retail stores, convenience stores, schools and other outlets.
It is PSGI's goal to re-establish AllStar's footprint in over 12,000 locations it had previously.
Intela-Pac, Inc.
Intela-Pac makes SmartPax™, a proprietary, film-based, flexible pouch packaging that can be used to store and transport beverages such as milk, juice, alcoholic beverages, frozen and shelf-stable liquids, and water in pouches ranging in size from one ounce to one gallon.
SmartPax's innovative design allows the product to be used in various business segments as an alternative packaging option for military, schools, health clubs, and retail consumers.
The SmartPax™ pouches are eco-friendly and superior to any other packaging of its category currently available in the market place.
The H20 pouch costs approximately 80% less than PET bottled water to produce and takes up approximately 90% less space in landfills, offering a tremendous savings to the consumer and the environment.
Intela-Pac's SmartPax™ pouch had been previously used for disaster relief contracts where water and ice were transported to critical needs areas.
SmartPax's innovative technology has created the perfect combination of durable product at an economical price point.
Intela-Pac's filler technologies include pasteurized cold fill, hot fill and UHT aseptic.
Additionally, Intela-Pac builds, owns, operates and rents their F-4000 Series Filler and H-1000 heat processor, which are used to produce SmartPax™ pouches and then fill the pouches with product.
Wild Grill Foods, Inc.
Wild Grill is a manufacturer of healthy, gourmet seafood products designed to give consumers the type of foods they desire at a price that is affordable.
Wild Grill produces seafood items such as Lobster, Salmon and Shrimp Fusion Sliders and Mahi-Mahi, Pacific Salmon, and Ahi Tuna Fish Burgers, which are high in healthy Omega-3 fatty acids and taste great.
All products are gluten free, dairy free, all natural and contain no preservatives.
Wild Grill has received purchase orders and contracts of over $1.25 million for Q4 2009.
Wild Grill has expanded its wholesale and retail supermarket distribution channels by adding 1,200 new locations throughout the United States.
Wild Grill has now over 4,000 locations where its products will be available, including regional and national supermarket chains.
Wild Grill projects over $8.5 million in revenue for 2010 without adding to its current customer base.
Arcina Risk Group, Inc.
Arcina is an insurance case management company with international clients such as Toyota, Nissan, and Honda.
Arcina was borne from a passion to help companies skillfully uncover aged policies, facilitate maximum recovery and preserve insurance assets in order to keep the client's core business, financial security and reputation intact.
Arcina's services include:
Claims Administration and Advocacy
Insurance Asset Review, Recovery and Preservation
Historic Insurance Archaeology and Solvency Services
Electronic Policy Libraries
Data Management, Repository, and Storage
Financial Management for Mass Tort and Complex Liabilities
Insurer Solvency Monitoring and Recovery
Customized Settlement Support Software and Database Design
The economical climate has created an increased demand for Arcina's services as companies, municipalities, and non-profits look to avoid litigation, yet expect remuneration from their insurance programs.
Arcina is positioned to offer expertise and service while providing quicker delivery and implementation in conjunction with a value-based pricing model over its competitors.
As the business unit grows domestically, PSGI intends to reinvest in the operation to include additional risk management consulting services and expand into the European and Asian markets for increased revenue.
