Pacific Sands (OTCBB: PFSD) Completes Purchase of Natural Choices Home Safe Products LLC
Pacific Sands, Inc. (OTCBB: PFSD), manufacturer
of the 'low-chem' ecoone lines of water treatment and cleaning solutions,
announced today that the company has completed its acquisition of Natural
Choices Home Safe Products LLC ("Natural Choices").
On February 8, 2008, Pacific Sands and Natural Choices commenced joint
operations.
"Natural Choices was the perfect acquisition candidate for Pacific Sands,"
commented Pacific Sands President and CEO Michael Wynhoff. "The over 100
SKUs of the Natural Choices, Allergy Free and Oxy-Boost lines, combined
with more than 25 Private Label and Custom formulation lines opens a nearly
limitless stream of new sales opportunities for us in the rapidly expanding
environment and health conscious marketplace. Additionally, by applying our
in-house marketing and sales resources to Natural Choices existing sales
channels, I firmly believe that we will grow the combined companies at a
substantially faster rate than the two companies were able to grow
independently of each other."
The final purchase price for the assets of Natural Choices was $890,000
(approximately 1.5 times trailing annual sales), of which the company has
paid $100,000 in the form of one million shares of restricted common stock
and $60,000 in cash. The balance is due on a payment schedule of cash and
stock through 2010. Management anticipates that future cash payouts for the
purchase of Natural Choices will be made primarily by the profits from the
combined companies.
Other Highlights and Expected Benefits of the Natural Choices Purchase:
-- Substantial increase of overall sales -- Consistent cash flow -- Balance sheet improvements with increased assets -- 3,000 + new customers -- Combined new sales channels for ecoone and Natural Choices product lines -- Reduced overhead costs and increased profitability of combined companies -- Private label, custom formulation and consulting businesses -- Access to 'big box' sales channels through existing private label business -- Two highly qualified, experienced and environmentally conscious chemists on staff -- Streamlining of Natural Choices manufacturing, marketing and sales operations
For Interviews and additional media information about Pacific Sands and
Natural Choices, contact the company at 262-619-3261.
About Pacific Sands
Pacific Sands, Inc., promoting earth, health, pet and kid-friendly
chemistry solutions, is publicly traded on the NASDAQOTCBB. The company's
core ecooneŽ pool, spa and household cleaning product lines deliver
earth, health and kid-safer alternatives. More information is available at
www.pacificsands.biz, www.oxyboost.com and our newly created e-commerce
site: www.ecoONE.biz.
Safe Harbor Act Disclaimer
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.