They only have 23 million or so shares outstanding, and looks like practically no debt. Volume is decent.

quote:

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Originally posted by BlindMellonChitlin:
What's up here? Is this 'glove box' a goofy idea or would users of latex gloves really be interested in it?

They only have 23 million or so shares outstanding, and looks like practically no debt. Volume is decent.

Should I get in or just watch?

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Today:
Volume: 30,385,584
Last Trade: 0.004
Change: 0.0008 (25.00%)
Day's Range: 0.0028 - 0.0045

News:

Press Release Source: PTS Inc.

PTS Technologies Inc. Signs Marketing Agreement with Quetec Inc.
Thursday June 3, 11:42 am ET

LAS VEGAS--(BUSINESS WIRE)--June 3, 2004--PTS Inc. (OTC BB: PTSO - News) announced today that their wholly owned subsidiary, PTS Technologies Inc. (PTSTI), has entered into a marketing agreement with Quetec Inc.

The agreement pays PTSTI 50 cents per unit for all Quetec products and all Quetec products sold under private labels in the United States. The Quetec products under this marketing agreement will primarily cover the 802.11b category, which includes PCI, PCMCIA, USB and MINI PCI.

Peter Chin, CEO of PTS Inc., stated, "The agreement with Quetec also gives PTSTI first right of refusal to assist in marketing, selling and distributing into other countries, and the first right of refusal for all new Quetec products. We are extremely pleased to have this opportunity, and believe this agreement may have significant upside potential to our company and its shareholders."

About Quetec Inc.

Quetec is the first technology that truly removes the limitation from wireless base station. Quetec eliminates expensive hardware and simplifies the installation for home and small office wireless networks. Its product line includes Four-In-One features (4-in-1): Router, AP, Bridge and WLAN client. Users can share PC resources such as files, Internet connection, video streaming and multimedia files instantly without pre-installation or pre-configuration wireless base station.

Please visit Quetec's Web site at www.quetec.net.

"Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: These and certain other risks and uncertainties are detailed in PTS Inc.'s periodic reports, including quarterly reports on Form 10-Q and annual reports on Form 10-K, as filed with the Securities and Exchange Commission, copies of which may be accessed and reviewed by going to www.freeedgar.com. In addition, PTS Inc. undertakes no obligation to update or revise any forward-looking statements on this site, including any information contained in our press releases, messages to shareholders or SEC filings, whether as a result of new information, future events or otherwise. PTS Inc.'s future financial performance could differ materially from the expectations of management contained in such press releases, messages to shareholders and SEC filings.
Contact:

PTS Inc., Las Vegas
Peter Chin, 702-380-3811
PSC3388@yahoo.com

Here are some links
http://www.quetec.net/HTML/products.htm
http://www.myworldhardware.com/v4/articles.php?ID=104&Page_ID=1

LAS VEGAS--(BUSINESS WIRE)--June 23, 2004--PTS Technologies, Inc., a wholly-owned subsidiary of PTS, Inc. (OTCBB:PTSO - News), announced today that their marketing partner, Quetec, has been featured in the June 2004 Malaysia issue of "CHIP Computers & Communication" citing the company's "Four-In-One" wireless AP/Router product. The trade journal gave Quetec's product their highest possible rating after being tested by the magazine in their "new communication devices" category.

CHIP's technical review and critique of the wireless AP/Router 4-in-1 card referred to Quetec's product as an "all in one solution" and a "novel idea" with technology that is innovative; and concluded its write-up with, "Quetec should be commended for being one of the first to market such a product."

Earlier this month, PTS Technologies, Inc. (PTSTI) announced a marketing agreement which pays PTSTI fifty cents ($ .50) per unit for all Quetec Products and Quetec Products sold under private labels in the United States. The Quetec products under this marketing agreement cover the 802.11b category which includes PCI, PCMCIA, USB and MINI PCI.

Peter Chin, CEO of PTS, Inc., stated, "We are pleased to see this kind of critical acclaim for Quetec, as it reaffirms what I believe is an alliance with a very high quality company with cutting edge technology with real ingenuity."