Contact Information: Contact: Investor Relations Andrew Barwicki 516-662-9461
Pacific Sands Closes 10 Cent Options
| Quelle: Pacific Sands, Inc.
RACINE, WI -- (MARKET WIRE) -- March 1, 2007 -- Pacific Sands, Inc. (OTCBB : PFSD ) announced
today that on February 14, the company invoked its right to call the 10
cent options that were issued to a group of investors in December of 2006
as part of a financing package.
As part of the financing package, the investors were granted a total of
625,000 options to purchase additional Pacific Sands Restricted Common
Stock at 10 cents a share. The company retained the right to call the
options on Feb. 1, 2007 and did so on Feb 14. The investors had 10 days to
respond.
As a result, 200,000 RESTRICTED common shares have been sold to these
investors; the remaining 425,000 options are expired.
About Pacific Sands
The company's core product lines are nontoxic and incorporate a proprietary
combination of blended botanicals, pure mineral extracts and "tuned" enzyme
technologies to deliver safe, effective and inexpensive alternatives for
household cleaning, pet care and pool and spa maintenance. Pacific Sands
has demonstrated quarter over same revenue growth for the past 9
consecutive quarters.
Information on Pacific Sands and its product lines is available at:
www.pacificsandsinc.com.
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.