PBS Holding, Inc. Signs $1,000,000 Investment and Master License Agreement
03 Décembre 2013 - 2:50PM
Marketwired
PBS Holding, Inc. Signs $1,000,000 Investment and Master License
Agreement
PBS Holding Enters China Strategic Investment and Sales of
Master License
DALLAS, TX--(Marketwired - Dec 3, 2013) - PBS Holding, Inc. (OTC
Pink: PBHG), (the "Company") a developmental stage nutritional
beverage company, announced today the signing of a definitive
Master License agreement for the People's Republic of China, which
includes an agreement for an investment into the Company; the
agreement was signed with Tanke, Inc. (OTC Pink: TNKE) a
diversified holding company with the mission to develop, manage and
finance
emerging companies. The initial value of the deal is worth
$1,150,000, plus royalties and a minimum
$3,000,000 sales commitment. In addition to the license
agreement, the deal includes an investment of $1,000,000 in
PBHG.
PBHG, expands to China through their brand with this agreement.
PBHG brings industry experience and market knowledge to the
deal. Tanke, Inc. (OTC: TNKE) brings its significant
experience in the China market to PBHG.
"We are thrilled to enter the market in China with this deal.
This is the fastest growing market in one of the fastest growing
sectors of lifestyle products consumption in the world. The
prospects for garnering a large consumer base in China are massive.
After all, China is the world's second largest economy next to the
US," said Edward Vakser, Co-Founder and Chariman of PBHG.
According to Euromonitor International, China is expected to
overtake the US as the largest market for lifestyle consumption
products in 2014; a market currently worth over $800 billion
dollars. Just in food and beverages China is expected to consume
some 87 million tonnes over the next five years. Furthermore with a
growth rate averaging around 30% per annum, and expected to
intensify as a result of increasing demand for lifestyle
products.
"This master license advances our footprint globally to become
the a leading lifestyle products public company and is extremely
important to secure our brand globally," stated Mr. Vaskser. "To
enter China, we needed a well connected and experienced partner who
shares our passion for doing things right, and now we have that
with our strategic alliance with Tanke. The strategic investment
will also allow us rapid deployment in addition to have a more
comprehensive strategy which translates to a larger business
plan. As such, we have great confidence that subsequent
expansion deals will follow very shortly," added Mr.Vasker.
"We are very excited and thrilled to enter into this
relationship with PBHG, with our vast network and access to
strategic distribution channels throughout China, we want to
immediately deploy the PBHG brand. We see PBHG products and its
Starfest platform as an important player in the lifestyle products
market which has the ability to build a quality consumer brand that
we can depend on," said Xiaoying Zhang, CEO of Tanke.
About PBS Holding, Inc. PBS Holding, Inc. and its direct sales
group, Starfest Direct, recently launched a Functional Beverages
product line, "De Vie Sun," which is translated, "Healthy Life."
The company is using its Direct sales Starfest Technology web
portal to market and advertise sales opportunities in home based
direct sales business.
About Tanke, Inc. Tanke Inc. is a publicly traded holding
company and is traded under the symbol TNKE (OTC: TNKE). Tanke
is a diversified holding company with the mission to develop,
manage and finance emerging companies which is focused on the
development of environmental technologies. As a diversified
company Tanke works to mitigate risk hedging several sectors
against the ups and downs and uncertainties in the
market. Tanke believes the emergence of Asia stresses natural
resources, water, energy and food and that environmental
technologies will be at the forefront of this new paradigm shift in
usage of resources. Through its subsidiaries, Tanke seeks to
grow through acquisitions, organic growth and in the USA and in
emerging markets. For more information contact
info@tankeinc.com or visit www.tankeinc.com.
Safe Harbor Statement: Certain statements and information
included in this release may constitute "forward-looking
statements" as defined in the Federal Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the company to
be materially different from any future results, performance or
achievements expressed or implied in such statements. Additional
discussion of factors that could cause actual results to differ
materially from management's projections, estimates and
expectations is contained in the Company's disclosures. The Company
assumes no obligation to update any forward-looking statements as a
result of new information, future events or developments, except as
required by federal securities laws.
Or contact: Investor Relations at: ev24903@gmail.com
214-418-6940
PBS (CE) (USOTC:PBHG)
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