PTS, Inc Announces New Business Relationship with KC 9000
2014年12月9日 - 6:30AM
ビジネスワイヤ(英語)
PTS, Inc. (OTC Pinksheets: PTSH) announced today that it is
finalizing a Letter of Intent to acquire KC 9000, a proprietary
technology owned by Freedom Energy Holdings, Inc. (Pinksheets:
FDMF) Under the terms of the agreement, the ownership of KC 9000
will be transferred to a newly formed subsidiary and PTSH will
acquire the subsidiary for an undisclosed amount of stock.
"We are pleased with this pending agreement," stated Lowell
Holden, President and CEO of PTS. "Once we finalize our agreement
and acquisition, the Company will be positioned for growth through
further acquisitions and internal business development."
Brian Kistler, CEO, FMDF stated, "In keeping with our previously
announced plans, once completed, the stock being exchanged for the
KC 9000 will be eventually distributed to the FDMF shareholders of
record (as a stock dividend) on the date of declaration still to be
determined. I am confident that through the efforts of PTSH, the
real and true value of the KC 9000 will be able to be fully
realized."
About PTS, Inc.:
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 KC 9000:
KC 9000 is a proprietary technology found to be very effective
in decreasing the viscosity of Heavy Crude Oil. A breakthrough
technology which provides an effective and cost efficient system to
enable heavy oil deposits to flow without heat promises to
revolutionize current recovery processes being utilized.
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, Inc.Lowell Holden, (612) 961-5656ltholden@comcast.net
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