SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 15, 2010
PTS, INC.
(Exact name of registrant as specified in its charter)
Nevada
000-25485
88-0380544
(State or other jurisdiction
(Commission File Number) ( IRS Employer Identification Number)
of incorporation)
5155 Spectrum Way, Unit #5, Misissauga, ON, Canada
L4W5A1
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (800) 338-5412
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2., below):
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.133-4(c))
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Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective November 15, 2010, Raj Kalra was appointed Chief Executive Officer, Chairman of the
Board and a Director of the Company. Marc Pintar, who had been serving as our Interim Chief
Executive Officer and Chairman of the Board will stay on as a Director of the Company.
Raj Kalra
Raj Kalra, age 47, has been the Chairman and Chief Executive Officer of ThinLine IT Services since November 2007. ThinLine IT Services is a managed services provider in the information technology vertical. From January 2004 to the date hereof, Mr. Kalra has served as President of AMG Management Group (“AMG”) where he manages the various businesses owned by AMG and helps oversee AMG’s portfolio of positions in a variety of companies in the Internet, manufacturing, financial and clean technology verticals. He has a degree in Hotel and Restaurant Management from Hotel Consult, Switzerland
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DATED: November 17, 2010
PTS, INC.
By: /s/ Raj Kalra
Raj Kalra
Chief Executive Officer
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