Record Ecommerce Sales at Pacific Sands, Inc.
(firmenpresse) - KENOSHA, WI -- (Marketwired) -- 03/30/16 -- Pacific Sands, Inc. (OTCQB: PFSD) () -- Pacific Sands, Inc. would like to announce that in only its second full month of operations the company''s newly designed website had record sales for the month of March 2016. The company''s ecommerce annual run rate for sales across all platforms is now approaching $200,000 per year.
Additional company products will be added to ecommerce in April, including a promising new product that should be announced and launched before April month-end.
One convertible debenture holder, with whom we have been unable to reach an agreement to repurchase their note, continues to convert their debt to equity from time to time. The company has no control over the amount and timing of these conversions. Conversion of this debenture should end soon and will not cause the outstanding shares of the company to exceed our authorized total of 400 million shares.
The company has no plans to increase its authorized share total or issue any new convertible debt.
The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company''s business. Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.
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Investor Relations
262-925-0122
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Datum: 30.03.2016 - 14:41 Uhr
Sprache: Deutsch
News-ID 1424960
Anzahl Zeichen: 2537
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Specialty Chemicals
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