PTS, Inc Signs Letter of Intent to Acquire Matcjedje Motors, Limited
09 June 2014 - 11:00PM
Business Wire
PTS, Inc. (the "Company") (OTC Pink: PTSH) announced today that
it has entered into a Letter of Intent with Matchedje Motors,
Limited of the Provincia do Maputo, Africa to acquire the company
as a subsidiary of PTS, Inc and supply an initial investment. "This
agreement will give us an initial investment in a growing market
place," stated Lowell Holden, President and CEO of PTS. "Once we
finalize our due diligence, we will be able to move forward to
expedite the acquisition.”
About PTS: PTS, Inc. is a company which recently divested its
former operations and is seeking to invest in projects that can be
identified as growing sectors of the worldwide economy. The
administrative office is in Los Angeles, CA.
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term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
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can be identified by phrases such as PTS, Inc. or its management
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forward-looking statements include, among other things, the
development, costs and results of new business opportunities.
Actual results could differ from those projected in any
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Although we believe that any beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our annual report for the most
recent fiscal year.
Contact Information
PTS, Inc. Lowell Holden, CEO
612-961-5656Ltholden@comcast.net
PTS, Inc.Lowell Holden, 612-961-5656CEOLtholden@comcast.net
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