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PTS, Inc. Announces Glove Box(TM) Has Been Granted Patent 3/10/2006
LAS VEGAS, Mar 10, 2006 (BUSINESS WIRE) -- PTS, Inc. (OTCBB:PTSH) management announced today that their Glove Box was granted a U.S. patent by the U.S. Patent Office.
Steins & Associates of San Diego, PTS's patent attorney, advised the Company that a twenty year patent for the Glove Box dispenser product has officially been assigned U.S. Patent number 6,953,130.
"We are pleased to now have patent protection for the Glove Box," stated Peter Chin, CEO of PTS, Inc. "The device is so unique and functionally superior that by having the patent assures us that we can fully exploit the market potential of the Glove Box. And, we believe the patent should give our shareholders a bit of added value to their investment."
About PTS, Inc.
PTS, Inc.'s subsidiary, Glove Box Inc. (www.ptspi.com), owns the rights to the patented, revolutionary Glove Box(TM), the only product that offers contamination reduction through automated glove dispensing. The Glove Box(TM) system is a free-standing dispenser of disposable latex gloves, which is being marketed by PTS in the United States and Asia.
Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results.
SOURCE: PTS Inc.
-------------------- Trading is a blast!!
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Although I see 54 million O/S. this last report indicates about 50 million... Considering it is 3 months old, it seems logical for the 54 million to exist...
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yes cause everyone is putting there offer pre-market which is the worst thing cause mms now there is intrest and they are raising the price so that we have to pay maximum price thats why it is not smart to put ypur order pre-market we have to put it when the market is open but still so many people sont realize that
quote:Originally posted by Duckhunter: jesus .007 already this thing is gapping up huge
-------------------- please dont trade stocks on my alerts, do your dd first.
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RE: the glove box, from the 10Q. --- Glove Box, Inc.
In January, 2005 the Company issued 2,500,000 shares of Series B preferred stock and 7,500,000 shares of Series C preferred stock for all of the outstanding stock of The Glove Box, Inc. The preferred shares have been valued at an aggregate of $100,000. The Glove Box had no significant assets or operations, but owns the underlying technology to which the Company holds marketing licenses. The Company intends to continue to develop the technology. The entire purchase price of $100,000 has been written off as purchased research and development at September 30, 2005. also this RE: the glove box and debit card service.--- Effective September 9, 2005, the Company entered into a retainer agreement with David B. Stocker, Esq. (Stocker) retaining Stocker to assist the Company in obtaining for its currently wholly owned subsidiary, Global Links Card Services, Inc., (GLCS) a listing as a non-reporting public company, the preparation of subscription documents to enable GLCS to raise capital and to prepare for GLCS such attorney opinion letters as may be necessary for the listing of GLCS on the Pink Sheets Quotation Service.
After the sale of GLCS stock, the Company will no longer hold all of the outstanding common stock of GLCS; however it is not possible at this time to determine the percentage portion of GLCS that will remain the Registrant.
On October 17, 2005, Global Links Card Services Inc. has been assigned the stock ticket symbol GLDS.PK
Effective October 17, 2005, the Company entered into a retainer agreement with David B. Stocker, Esq. (Stocker) retaining Stocker to assist the Company in obtaining for its currently wholly owned subsidiary, Glove Box Inc., (GBI) a listing as a non-reporting public company, the preparation of subscription documents to enable GBI to raise capital and to prepare for GBI such attorney opinion letters as may be necessary for the listing of GBI on the Pink Sheets Quotation Service.
After the sale of GBI stock, the Company will no longer hold all of the outstanding common stock of GBI; however it is not possible at this time to determine the percentage portion of GBI that will remain the Registrant. possible divy shares? from both companies?. low float, gap up, lets rock!!
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