UNITED STATES
                   SECURITIES AND EXCHANGE COMMISSION
                          Washington, DC 20549

                              FORM 12-b25

                       NOTIFICATION OF LATE FILING



[ ] Form 10-KSB  [ ] Form 20-F  [ ] Form 11-K  [X] Form 10-QSB  [ ] Form N-SAR

For Period Ended: September 30, 2003

[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR

For the transition Period Ended:

       Nothing in this Form shall be construed to imply that the
       Commission has verified any Information contained herein.

If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:

                     PART I - REGISTRANT INFORMATION

Full Name of Registrant: PTS, Inc.

Former Name, if Applicable: Elast Technologies, Inc.

                       3355 Spring Mountain Road (Suite 63)
           ---------------------------------------------------------
           Address of principal executive office (Street and Number)

                              Las Vegas, NV 89102
                            ------------------------
                            City, State and Zip Code

                   PART II - RULES 12b-25 (b) and (c)

If the subject  report could not be filed without  reasonable  effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

[X] (a) The  reasons  described  in  reasonable  detail in Part III of this form
could not be eliminated without unreasonable effort or expense;

[X] (b) The subject annual report or quarterly report, transition report on Form
10-KSB,  Form 20-F,  11-K or Form N-SAR,  or portion thereof will be filed on or
before the  fifteenth  calendar day following  the  prescribed  due date; or the
subject  Quarterly  report or  transition  report  on Form  10-QSB,  or  portion
thereof,  will be filed on or  before  the  fifth  calendar  day  following  the
prescribed due date; and

[ ] (c) The  accountant's  statement or other exhibit  required by Rule12b-25(c)
has been attached if applicable.




                      PART III - NARRATIVE

The Company  was unable to file its Annual  Report on Form 10-QSB for the period
ending  September  30,  2003 due to  additional  work  required  to  review  its
financial statements.  The Company was unable to eliminate the delays associated
with these matters, as they relate to the preparation of its Quarterly Report on
Form 10-QSB, without unreasonable effort or expense.

                   PART IV - OTHER INFORMATION

(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
notification:

     Peter Chin   (702) 878-3388

(2) Have all or other periodic  report required under section 13 or 15(d) of the
Securities  Exchange Act of 1934 or section 30 of the Investment  Company act of
1940  during  the  preceding  12  months  or for such  shorter  period  that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).

[X]  Yes  [ ]  No

(3) Is it anticipated that any significant  change in results of operations from
the  corresponding  period for the last  fiscal  year will be  reflected  by the
earnings statements to be included in the subject report or portion thereof?

[ ]  Yes  [X]  No

If so: attach an explanation of the  anticipated  change,  both  narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

     See explanation below:

PTS, Inc. has caused this  notification to be signed on its by the  undersigned,
thereunto duly authorized.

Date:  November 14, 2003

By:  /s/ Peter Chin
     Peter Chin, President