PTA Holdings Inc. Provides Corporate Update
03 October 2013 - 10:27PM
PTA Holdings, Inc. (OTC Pink Sheets:PTAH)
(www.ptaholding.com), a multi-faceted transportation group
providing a broad array of traditional transportation and
management services, is providing a shareholder update to announce
the purchase of additional tractors and trailers for their fleet,
the company's new corporate address, and provide an update on how
the company plans to strengthen financial reporting in the 4th
quarter 2013.
Leonard Lewensohn, President of PTA Holdings stated; "We are
committed to keeping our shareholders updated about events within
the company. We are pleased to announce that we are having serious
discussions with an investment group for the purchase of additional
operating equipment for our Iowa subsidiaries that will include
additional tractors and trailers for their fleet with purchase to
be on an asset purchase basis, having absolutely no impact on
shares to be issued. The result of these equipment additions will
enhance our operations and allow them to grow organically as they
expand existing customer relationships and begin handling more of
their shipping requirements."
Mr. Lewensohn continued update "We have also relocated our
Phoenix Office location, keeping all telephone and email contacts
the same. The office address can be viewed on our corporate
website."
"Finally, we are working diligently to complete reporting for
the 3rd quarter 2013 which just ended, and as stated earlier we
expect the positive trend-line to continue as in previous quarters,
the company is looking forward to a very successful year end. Rest
assured that actions taken during this year have been directed
toward stabilizing the Company and improving its financial base of
operations to the benefit of all shareholders."
About PTA Holdings, Inc. Kingsley Logistics
Group, acquired in June of 2012, is a multi-faceted transportation
group providing a broad array of traditional transportation and
management services to the trucking industry. We offer logistics
solutions through our Kingsley Consulting Group. Our highly
experienced team of industry trained professionals bring a myriad
of competencies beyond pure transportation, including
manufacturing, engineering, process management, and software
customization, and implementation experience. The focus of the
combined companies is to expand the company via a strategic
transportation industry roll-up.
Notice on Forward-Looking Statements:
This news release includes forward-looking statements regarding
PTA Holdings, Inc. and its business. Such statements are based on
management's current expectations. The forward-looking events and
circumstances discussed in this release may not occur and actual
results could differ materially as a result of known and unknown
risk factors and uncertainties. Forward-looking statements speak
only as of the date on which they are made and PTA Holdings, Inc.
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.
CONTACT: Investor Relations Contact: ir@ptaholdings.net or
Premier Media Service Inc.
Bryan Black at 866-465-6551
info@premiermediaservice.com
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