The latest:
PBS HOLDING, INC.
1322 Roundtable Drive
Dallas, TX, 75007
____________________________________________________________________
PRESS RELEASE – FOR IMMEDIATE RELEASE
PBS Holding, Inc., (PBHG) New Management Change,
Shareholders Update.
Dallas, TX– June 29, 2013– PBS Holding, Inc. (OTC: “PBHG”), (the “Company”),
today released a letter to shareholders from its President/CEO, Edward Vakser. In the
letter, Mr. Vakser summarizes significant occurrences within the Company this year and
cites goals for 2013.
Dear Shareholders:
This past year has been an eventful one for PBS Holding, Inc., and many of our public
entities’. The complex, yet rational relationship between all these groups and service
providers will benefit the shareholder base for all of our groups: (PRPM), (SWRF),
(TDEY), (ARTS), and of course: PBHG. We want to share the news with you, and I want
to draw your attention to some milestones that have occurred.
First, in January, your Company underwent a complete change of executive management
and membership of its board of directors in order to refocus and reposition the Company
in its marketplace.
Second, we relocated the Company from Florida back to Texas, where its new officers
and directors reside. Also, that will allow our staff to be closer to the manufacturing
facility and our fulfillment center. ( see: www.deviesun.com)
“Our staff, and myself included, have a long history in marketing and producing results in
“Direct Sales” and Network Marketing Industries. Our past results and industry contacts
will give our team a major “Head Start” in what is otherwise a very competitive
marketplace. While our “retail” team is concentrating on placing our products into the
rotation for the major chains, convenience stores and distribution centers, our Network
Marketing Team is focused on signing up some of the best knows and powerful Direct
Sales Veterans in the industry.” Stated Edward Vakser, who returned to lead as a
Chairman and CEO for PBS Holding Inc.
Third, as of today’s date, we have restructured the amount of debt being carried by the
Company with our investment group buying out the current Debt Holders, and capturing
the convertible finance and Notes. With this current transaction, the new Debt Holders
agreed to reduce the Debt and the Notes by over Two Million Dollars.($ 2,000,000.00 ),
while managing what otherwise would’ve been severely dilutive and toxic Conversions.
PBS HOLDING, INC.
1322 Roundtable Drive
Dallas, TX, 75007
____________________________________________________________________
Fourth, going forward in 2013 our first objective will be to increase shareholder value
through the rapid growth of the sales and marketing of our "De Vie Sun" Functional
beverages and lifestyles products. We have been putting considerable effort this year into
establishing its sales and marketing program, with the intent of distributing it nationally
through a network of home-based resellers. We believe distribution will scale fast so that
our distribution footprint will quickly become broad. We are already gearing up for
significant production to meet demand in what we believe will be a continuing growing
market for healthy non-alcoholic beverages.
“I feel energized and motivated by watching our CEO, Edward Vakser and other
investors acquiring and developing several major public companies. Companies such as
ProTek Capital Inc, (PRPM), 3D Eye Solutions Inc, (TDEY) and Swordfish Financial
Inc, (SWRF). I admire what they’ve done by acquiring, cleaning up and bringing these
companies to a current status in order to combine the financial strength, and synergies
while vertically integrating the services, assets and developments between all the entities.
The major focus on reducing Outstanding Shares, Debt and other Liabilities is giving all
of us, as shareholders, confidence in the Leadership and overall goal setting for these
companies. This will tremendously enhance PBS Holding Inc’s ability to develop its
marketing and create an impactful launch for all of our products!” stated Scott Tassan,
Treasurer, and Board Member of PBS Holding Inc.
By this letter we wish to signal the markets that we are a renewed enterprise, intent on
executing a strategy for the benefit of our investors that is more aggressive in scope than
what previously existed. We will continue to grow and share with our sister companies
and optimize the synergies of the collective companies.
In the coming weeks and months I look forward to providing you with further updates on
our Company and the progress that we are making.
Very truly yours,
Edward Vakser
President/CEO
PBS Holding, Inc.
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.
PBS HOLDING, INC.
1322 Roundtable Drive
Dallas, TX, 75007
____________________________________________________________________
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.
Edward Vakser, ev24903@gmail.com PH# 214-418-6940
AI
