Pacific Sands, Inc. Secures Working Capital Funding
(firmenpresse) - KENOSHA, WI -- (Marketwired) -- 03/22/16 -- Pacific Sands, Inc. (OTCQB: PFSD) () is pleased to announce that is has obtained a working capital loan from a long term investor in the company. This loan bears interest at the rate of just 6%.
The working capital will allow the company to continue to reduce its open order backlog, support a recent surge in internet sales volume and better prepare for the current Pool and Spa selling season.
The company has also hired an experienced sales professional to promote the company's EcoOne spa products to dealers, distributors and Spa manufacturers. In keeping with our active overhead control program this is a commission only position.
Products are available at
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.
Contact:
Investor Relations
262-925-0122
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Datum: 22.03.2016 - 15:53 Uhr
Sprache: Deutsch
News-ID 459221
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contact information:
Town:
KENOSHA, WI
Kategorie:
Specialty Chemicals
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