SOURCE: Pacific Sands, Inc.

March 01, 2007 12:01 ET

Pacific Sands Closes 10 Cent Options

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.

Contact Information

  • Contact:
    Investor Relations
    Andrew Barwicki
    516-662-9461