PTS, Inc Announces the Formation of PTS Resources
December 23 2014 - 11:45AM
Business Wire
PTS, Inc., (the "Company") (OTC Pink:PTSH) announced today that
it has formed a subsidiary, PTS Resources, Inc., a privately held
company. The Company has named Brian Kistler as CEO and Director of
PTS Resources, Inc.
“This is the next step in our pending agreement,” stated Lowell
Holden, President and CEO of PTS. “We are pleased to have Mr.
Kistler to head the team for this acquisition.”
“I am delighted to have the opportunity to lead PTS Resources,”
stated Brian Kistler. “With the assistance and support of Mr.
Holden’s team, we are positioned to grow and expand the business
once we have completed the acquisition.”
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 PTS Resources: PTS Resources has been formed to utilize
the technology of KC9000 and grow the company by introducing the
technology into the oil industry to show how the product can be
used to clean oil sludge and reduce the viscosity of heavy oil.
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.
For PTS, Inc.Lowell Holden, 612-961-5656ltholden@comcast.net
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