PTS, Inc Announces the Formation of Sleepaid Holdings to Acquire Yugosu Investments Limited
16 Décembre 2014 - 3:00PM
Business Wire
PTS, Inc, (the "Company") (OTC Pink: PTSH) announced today
that it has formed a subsidiary, Sleepaid Holdings LLC, to acquire
Yugosu Investment Limited., a privately held company. The Company
has named Cheung Wie Riggs as officer and Director of Sleepaid
Holdings
"This is the next step in our pending agreement," stated Lowell
Holden, President and CEO of PTS. "We are pleased to have Mr. Riggs
to head the team for this acquisition.
“I am delighted to have the opportunity to lead Sleepaid’”
states Cheung Wie Riggs, “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 Yugosu Investments Limited: Yugosu Investments Limited is
a company which distributes mattresses under their name brand. The
Company is located in Guangzhou China.
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.
Contact:Lowell HoldenEmail: ltholden@comcast.netTelephone: (612)
961-5656
PTS, IncLowell Holden, 612-961-5656ltholden@comcast.net
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