PTS Inc. (PTSH) (the “Company”) www.ptspi.com is pleased to announce the finalization of its merger with United Waste and Energy Inc. (UWE), an Ohio based entity. With the finalization of the merger, PTSH intends to appoint new officers and directors. Over this coming weekend, the Company intends to update its corporate website www.ptspi.com. The Company also intends to resume its subscription to OTC Markets and commence filings of its financial statements, officers and directors CV”s and other relevant information. Although PTSH over the past endured several reverse splits, no such action is planned by the current management. Moreover, no additional common shares were issued in this merger. The merger was completed via complex preferred shares collateralization with financial assistance of an accredited investor. The Company has created a corporate introduction PowerPoint, including its financials which can be viewed on this link: www.tinyurl.com/9djre6t, to aid, assist and acquaint the Company followers and shareholders with PTSH new business model and direction.
The new business direction PTSH has chosen to take stems from circumstances beyond its control. PTSH current operation subsidiary Navistar Global Logistics (UK) Ltd has filed for bankruptcy protection in UK. Notice: 1652641 (Issue:60242) August 17,2012 Page number: 15907. See this link for details: www.london-gazette.co.uk/issues/60242/notices/1652641. Save and except the write-down which PTSH undertook on the Navistar asset(s) and as outlined in PTSH current financials www.tinyurl.com/9autd5l (PTSH financials). The UK bankruptcy of Navistar does not affect the future or the day to day operations of PTSH in any shape or form whatsoever.
