Business
PBS Holdings, Inc., (PBHG) Announces Additional Products in Its Cannabis Product Line Geared Toward the Hispanic Market
PBS Holdings, Inc., (PBHG) Announces Additional Products in Its Cannabis Product Line Geared Toward the Hispanic Market.
About this update from Pbs Holding, Inc.
[{"type":"text","content":"\n \n \n PBS Holdings, Inc., (PBHG) Announces Additional Products in Its Cannabis Product Line Geared Toward the Hispanic Market\n \n \nPBS Holdings, Inc., (PBHG) Announces Additional Products in Its Cannabis Product Line Geared Toward the Hispanic Market\n \n DALLAS, TX--(Marketwired - Mar 18, 2014) - PBS Holdings, Inc. (OTC Pink: PBHG) (PINKSHEETS: PBHG) (the \"Company\"), today released the following update.\n PBS Holdings is proud to release additional items to its cannabis product line geared toward the Hispanic Marketplace and Update of our Current Share Structure. \n The company would like to announce a line of cannabis infused seasonings geared towards the Hispanic consumer. We have in development a seasoning line much like the popular seasonings made by Goya. We plan to expand a full line of cannabis infused edibles geared towards the Hispanic Marketplace. This sector of the foods market (Hispanic) is expected to grow to over $10 billion next year, which we feel, will marry nicely with cannabis edibles. This will be the third addition to our cannabis edibles product line, which we believe will be the hottest growth sector within the cannabis sector for the foreseeable future. \n We would also like to announce our current share structure as it has been subject to much speculation and incorrect information recently. We want to be as transparent with our shareholders as possible. Our current count of shares outstanding is 403,422,890 million shares, of which; 146,918,120 are \"free trading\". The \"free trading\" block consists of: Cede & Co. (in a street name) 87,985,596 shares, and 58,932,524 in \"insiders\" hands, (officers, employees and directors), of which 7,500,000 free trading shares will be returned to the treasury and cancelled. Once these 7,500,000 free trading shares are cancelled the total shares held by the \"insiders\" hands, (officers, employees and directors), will be reduced to 51,432,524.\n The company is in the final decision process on choosing and announcing new company officers and new professional services providers. The goal is to begin the process to become a fully reporting filer and move to the next trading tier. \n \"We are striving to increase transparency and quickly take advantage of the tremendous opportunity presenting itself in the cannabis...