HENDERSON, NEVADA--(Marketwire - Oct. 24, 2012) - Pts Inc. (PINKSHEETS:PTSH) www.ptspi.com is pleased to announce a definitive point in the Company's history with the recent shareholder vote approving the United Waste and Energy purchase and transaction finalization. Starting immediately, this pivotal point in PTS's operations allows the Company to focus on corporate expansion and development, such as:
- Develop & enhance producing assets through strategic JV partnerships;
- Expand equity base and increase market cap to strengthen corporate value;
- Continue to evaluate and develop new prospects;
- Identify and evaluate strategic growth opportunities
PTS's success hinges on a diversified expansion plan that will constantly advance the Company's financial position and corporate reputation. Initial stages are focused on developing and producing new assets. The importance of meeting this milestone is to provide the Company with cash flow, and expand the net asset base in the Company's portfolio. Through the development of assets and cash flow, PTS can increase its share value and market cap to provide a strong return for its shareholders.
While in the development stage, additional value-added services, such as Solar Farm and other waste to energy projects, will be evaluated for economic potential. Please visit PTS's website at www.ptspi.com for details on the new developments. The process of evaluation is a limited capital expense and will provide core data in estimating the true economic potential of site-specific properties and projects.
Production aids and technologies that enhance the production capabilities of PTS assets are also a focus of the Company.
In other company news and events; United Waste over the next several weeks the company intends to launch a new site which will be announced under a separate cover. Additionally, PTSH followers should monitor OTC Markets PTSH filing where the Company will post new preferred shareholder stakeholders backing, and plans of actions regarding meeting various environmental agencies thresholds, rules regulations and compliance with laws.
More updates will follow on a timely basis.
Safe Harbor Statement
Information in this release may contain statements about future expectations, plans, prospects or performance of PTS Inc. (PINKSHEETS:PTSH) that constitute 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. (PINKSHEETS:PTSH) cautions you that any forward-looking information provided by or on behalf of PTS Inc. (PINKSHEETS:PTSH) 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. (PINKSHEETS:PTSH)'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. (PINKSHEETS:PTSH)'s control. In addition to those discussed in PTS Inc. (PINKSHEETS:PTSH)'s press releases, public filings, and statements by PTS Inc. (PINKSHEETS:PTSH)'s management, including, but not limited to, PTS Inc. (PINKSHEETS:PTSH)'s estimate of the sufficiency of its existing capital resources, PTS Inc. (PINKSHEETS:PTSH)'s ability to raise additional capital to fund future operations, PTS Inc. (PINKSHEETS:PTSH)'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PTS Inc. (PINKSHEETS:PTSH)'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. (PINKSHEETS:PTSH) 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.