PTS (PTSH) Share Structure
FOR: PTS, INC.
MAY 25, 2012 - 09:25 ET
Lock Up Agreement Reduces Share Structure Restricted and Free Trading To 45,776,558 and Float To 28,275,755
HENDERSON, NEVADA--(Marketwire - May 25, 2012) - PTS, Inc. (PINKSHEETS:PTSH) www.ptspi.com management and its subsidiary Navistar Global Logistics Ltd (Navistar) www.navistar.co.uk concerned with the recent trading patterns irregularities, and decline or erosion of its valuation and or share price brings attention to a certain financial report filed with OTC Markets of even date, namely:
• May 25, 2012 Officer/Director/Affiliate Stock Transactions (http://www.otcmarkets.com/financialReportViewer?symbol=PTSH&id=82618) - Directors and Financiers Stock Lock Up Agreement
• May 25, 2012 Notice of Change in Substantial Holder Interest (http://www.otcmarkets.com/financialReportViewer?symbol=PTSH&id=82616)
|• Lock up agreement (Both Restricted and Free Trading) shares||45,776,558|
|• Free trading shares and estimated float. "THE FLOAT"||28,275,755|
The company expects its share structure to remain unchanged at 28,275,755 until at least December 2012.
Further details about regular business developments will follow shortly.
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PTS, Inc. subsidiary Navistar Global Logistics Ltd is an international logistics freight forwarding company with high quality warehousing in London, Birmingham, Manchester, Newcastle and at all ports and airports, and with north American alliance Starbase Global Logistics.
Navistar Global Logistics are specialists in air freight, sea freight and road haulage, transfer customs clearance, storage and fulfillment. Navistar can collect and deliver door-to-door, anywhere in the world.
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.