May 24, 2013 (ACCESSWIRE via COMTEX) -- PTS Inc. (PTSH) Reorganizational Plan Moves Forward - Massive Share Reduction
HENDERSON, NEVADA - Pts Inc. (Pinksheets: PTSH) www.ptspi.com Management is of the opinion that the latest developments within PTSH constitute a material event which warrants a public announcement to its followers and shareholders.
1. All of the assets held by the company of its previous subsidiary United Energy will be written off to a value of nil.
2. The appointment of Michael Arnkvarn as the company CEO.
3. The Company will redirect all of its efforts and energies to promoting the Collagenna Product line as well as the CinG-X project.
4. All shares which were issued to its previous subsidiary United Energy that were held in escrow will be returned to treasury. This will reduce the Company outstanding share structure by over 250 million shares to 395,276,558.
5. The company is in the process of completing filings with the goal of becoming current with the OTC markets very shortly.
Timely updates will follow as the Company moves forward to fulfill its 10 step reorganizational plan as previously announced.
Safe Harbor Statement
May 10, 2013 (ACCESSWIRE-TNW via COMTEX) -- Henderson, Nevada - PTS, Inc. (PTSH) http://www.ptspi.com/ is pleased to announce that PTSH launched a new website http://www.ptspi.com/. The new website look is based on a lot of research about the latest website design trends and the current business model of PTSH.
The new website contains all info related to both Collagenna and CinG-X work related services and products, as well there is a news feed section where the company updates its press releases. The company created its social profiles http://bit.ly/15vXMxM, http://on.fb.me/YyYx3Yand channels which will additionally affect the company's media exposure.
In other company news and events, PTSH management is using this opportunity to advise its followers that it has been advised by OTC Markets of its acceptance to permit PTSH to resume submission of filings. As early as next week the company will commence posting its financial statements and other filings such as the updated Adequate Disclosure.
More news will follow shortly on a timely basis.
Safe Harbor Statement
Apr 26, 2013 (ACCESSWIRE-TNW via COMTEX) -- HENDERSON, NEVADA - PTS Inc. (Pinksheets: PTSH) www.ptspi.commanagement is of the opinion that the latest developments within PTSH constitute a material event which warrants a public announcement to its followers and shareholders.
1. The purchase of existing preferred shares (stakeholder) of the company by Michael Arnkvarn for $150,000.00 USD
2. The appointment of Michael Arnkvarn as the company CEO
3. A recent SEC 10 Q/A and a subsequent 8k SEC filing completes or removes the overhang which effected and plagued PTSH for several years, including the DTCC issue which is now resolved.
4. The Company is in the process of updating its list of officers and directors with the State of Nevada
5. The Company intends to appoint additional Directors and Officers shortly
6. The Company intends to resume filings on OTC Markets as soon as these filings become effective, with aspirations of being ranked as a "Current Info Filer".
Current -- Shares Outstanding - 645,276,558 - a/o Apr 26, 2013
Float - 228,275,755 - a/o May 25, 2012
Authorized Shares - 988,000,000 - a/o Dec 31, 2011
7. The Company intends to spin out the current subsidiary of PTSH shortly. (United Waste & Energy, Inc) This spin out would reduce the Company outstanding share structure by over 250 million shares to 395,276,558
9. The Company intends to immediately upon the spin out of United Waste & Energy, Inc complete its merger with CinG-X Corporation.www.cingx.com CinG-X being a wholly owned subsidiary of Colagena Skin Care www.collagenna.com would form part of this merger with PTSH as a joint asset.
10. PTSH intends to do a name change and a symbol change to better reflect in the marketplace its line of business.
The CEO audio or YouTube.Com address will be posted on the company corporate web site www.ptspi.com within a few days. The Company invites its followers to visit the web site to hear the vision and intent of the new management moving forward.
Timely updates will follow as the Company moves forward to fulfill this aforementioned 10 step reorganizational plan.
Safe Harbor Statement
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