Loading, Please Wait...
KENOSHA, WI--(Marketwired - Mar 30, 2016) - Pacific Sands, Inc. (
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.
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.