Business
PTS, Inc Announces Discussion to Acquire Yugosu Investments Limited
PTS, Inc Announces Discussion to Acquire Yugosu Investments Limited.
About this update from Pts, Inc.
[{"type":"text","content":"\n \n PTS, Inc, (the \"Company\") (OTC Pink: PTSH) announced today that it is \n finalizing a Letter of Intent to acquire Yugosu Investments Limited., a \n privately held company. Under the terms of the agreement, the Company \n will acquire the subsidiary for an undisclosed amount of stock.\n \n \n \"We are pleased with this pending agreement,\" stated Lowell Holden, \n President and CEO of PTS. \"Once we finalize our agreement and \n acquisition, the Company will be positioned for growth through further \n acquisitions and internal business development.\"\n \n \n About PTS: PTS, Inc. is a company which recently divested its former \n operations and is seeking to invest in energy related projects including \n waste to energy, geothermal collection fields, natural gas and petroleum \n production. The administrative office is in Los Angeles, CA.\n \n \n About Yugosu Investments Limited: Yugosu Investments Limited is a \n company which distributes mattresses under their name brand. The Company \n is located in Guangzhou China.\n \n \n SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS\n \n \n This news release contains \"forward-looking statements\" as that term is \n defined in Section 27A of the United States Securities Act of 1933, as \n amended and Section 21E of the Securities Exchange Act of 1934, as \n amended. Statements in this press release which are not purely \n historical are forward-looking statements and include any statements \n regarding beliefs, plans, expectations or intentions regarding the \n future. These forward-looking statements generally can be identified by \n phrases such as PTS, Inc. or its management \"believes,\" \"expects,\" \n \"anticipates,\" \"foresees,\" \"forecasts,\" \"estimates\" or other words or \n phrases of similar import. Such forward-looking statements include, \n among other things, the development, costs and results of new business \n opportunities. Actual results could differ from those projected in any \n forward-looking statements due to numerous factors. Such factors \n include, among others, the inherent uncertainties associated with new \n business opportunities and development stage companies. These \n forward-looking statements are made as of the date of this news release, \n and we assume no obligation to update the forward-looking statements, or \n to update the reasons why act...