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Post# of 353270
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Alias Born 07/06/2007

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Friday, 05/16/2008 12:40:59 PM

Friday, May 16, 2008 12:40:59 PM

Post# of 353270
PTSH!!!! ....final stage Letter of intent/joint venture or acquisition....


Subsequent to the quarter ended March 31, 2008, the Company formed a new subsidiary, PTS Group Limited, a Hong Kong, China Company and intends on assigning the Glove Box ™ to this new entity. As of the date of this report, the Company is in the final stage of executing a letter of intent to acquire a medical equipment company through either a joint venture or acquisition. It is the Company’s objective that the acquired medical equipment company will be utilized to develop and market the Glove Box ™ in conjunction with their existing medical equipment and product lines.

http://www.sec.gov/Archives/edgar/data/1080924/000126246308000085/pts1q20081.htm

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