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Replies to #114 on PTS, Inc. (PTSH)
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emulwa

10/14/06 12:17 PM

#116 RE: rverboatgambler #114

I was in PAIV (now PAVC) when it was at 0.005 by fluke. I was investing on the big boards but when I saw PAIV being talked about on the yahoo message board, I looked at it and saw a penny stock with net income and I went “wow, if I own 1million shares at 0.005 and it hits $1, then I would be a millionaire”. I can see the same trend that PAIV had happening with PTSH. The consecutive gains we’ve had for a week is good enough to attract all the savvy investors to our PTSH just like it happened with PAIV.

Anyway, I kinda agree with you that the retailers might be scrambling after PTSH stock. PTSH was at its bottom for a while at 0.0025 and the only thing I saw was nothing but going UP. Because PTSH did not have any significant stock price activity for weeks, I think the retailers are now trying to accumulate as much as possible especially because there are big signs of profitability due to the $5.2mil contract. I believe the activity in volume has attracted them and they are doing their DD over the weekend, so I think we will continue moving up for a while. We knocked through the resistance this week that was at 0.005 and this would be our new support IMO.

All we need to do is to wait for the company to give us the plan for the reverse merger, hopefully this coming week.
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emulwa

10/14/06 2:13 PM

#117 RE: rverboatgambler #114

Majority ownership could be structured in many different ways.
1.A company could control the target buy buying the target company's stock for cash.
2.A company could control the target company's by assuming liabilities of the target company.
3.A company could control the target company's by issuing its own stock to the target company.
4.A combination of all the three aspects above.

To me, it is not a big deal how the deal is structured because I believe that PTSH is way undervalued and the merger would be for the benefit of PTSH due to its improvement on generating revenues. I can see aome net income around the corner as soon as we fulfill the $5.2 contract. Hopefully by the next quarter.