PTS, Inc. (PTSH) Corporate Update
Henderson Nevada, April 15, -- PTS, Inc (PTSH) www.ptspi.com The issuer for the past few months has been focusing on completing its required filings. This includes thee issuers 2009 annual report and the 2010 first quarter financials. Up to this point, very little effort has been emphasized on merger and acquisitions. Mr.Marc Pintar, Interim officer/director of PTS, Inc., said “now that we have the filings behind us and our ducks in order with adequate resources at our disposal PTSH is now ready to focus on looking at various business opportunities.
“Our focus has been internal, getting our 10k and 1st qtr financials completed. We anticipate filing our 10Q timely as well. We are making great headway. We got our arms around our financials, and we’ve made great strides to reduce our debt load.” said Pintar
Pintar added “PTSH has been working closely with Mina Mar Group (MMG) www.minamargroup.com our mergers and acquisitions firm. They have proposed several viable candidates for the possibility of various business cooperatives. We are keeping all options open at this point. Our next step is to conduct due diligence to determine the validity of these targeted companies.”
“I want to emphasize that these are vital times for PTSH and we are extremely excited for the future of this company. Equally exciting are the significant opportunities we will be exploring these next few weeks”, concluded Mr. Pintar.
Updates will be made available on a timely basis.
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of PTS, Inc. That constitutes forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. PTS, Inc. cautions you that any forward-looking information provided by or on behalf of PTS, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PTS, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PTS, Inc.'s control. In addition to those discussed in PTS, Inc.'s press releases, public filings, and statements by PTS, Inc.'s management, including, but not limited to, PTS, Inc.'s estimate of the sufficiency of its existing capital resources, PTS, Inc.'s ability to raise additional capital to fund future operations, PTS, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PTS, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PTS, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.