PTS, Inc Announces Discussion to Acquire Key Ideas HK Limited
10 February 2015 - 7:50AM
Business Wire
PTS, Inc, (the "Company") (OTC Pink: PTSH) announced today
that it has entered into discussion to acquire Key Ideas, HK Ltd.,
a privately held company. Under the terms of the agreement, the
Company will acquire the subsidiary for an undisclosed amount of
stock.
"We are pleased with interest in entering such an agreement,"
stated Lowell Holden, President and CEO of PTS. "Once we finalize
our agreement and acquisition, the Company will assist in providing
the required business and financial backing to grow the
acquisition."
"The pending agreement will provide us with the added resources
to expand our business and operations," stated David Whitaker
Founder and CEO of Key Ideas HK Ltd.
About PTS: PTS, Inc. is a company which recently divested its
former operations and is seeking to invest in energy related
projects including waste to energy, geothermal collection fields,
natural gas and petroleum production. The administrative office is
in Los Angeles, CA.
About Key Ideas HK Limited: Key Ideas HK Ltd (KIHK) has been
created as an investment vehicle to source, manage and direct
specific high growth technology investments. KIHK currently manages
a portfolio of companies and products, which have been specifically
chosen or designed to form part of a growing and symbiotic
ecosystem.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. These forward-looking statements generally
can be identified by phrases such as PTS, Inc. or its management
"believes," "expects," "anticipates," "foresees," "forecasts,"
"estimates" or other words or phrases of similar import. Such
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
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
new business opportunities and development stage companies. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
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:Lowell HoldenEmail: ltholden@comcast.netTelephone: (612)
961-5656
ComcastLowell Holden, 612-961-5656ltholden@comcast.net
PTS (CE) (USOTC:PTSH)
Historical Stock Chart
From Nov 2024 to Dec 2024
PTS (CE) (USOTC:PTSH)
Historical Stock Chart
From Dec 2023 to Dec 2024