Business
PTS, Inc Announces the Formation of Sleepaid Holdings to Acquire Yugosu Investments Limited
PTS, Inc Announces the Formation of Sleepaid Holdings 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 has \n formed a subsidiary, Sleepaid Holdings LLC, to acquire Yugosu Investment \n Limited., a privately held company. The Company has named Cheung Wie \n Riggs as officer and Director of Sleepaid Holdings\n \n \n \"This is the next step in our pending agreement,\" stated Lowell Holden, \n President and CEO of PTS. \"We are pleased to have Mr. Riggs to head the \n team for this acquisition.\n \n \n “I am delighted to have the opportunity to lead Sleepaid’” states Cheung \n Wie Riggs, “We are positioned to grow and expand the business once we \n have completed the acquisition.”\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 th...