Posted On: 03/14/2013 12:08:22 PM
Post# of 29744
$PTAH News
PTA Holdings, Inc. Announces Revenue Increase and Transition to Profitability
PHOENIX, March 14, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) through its subsidiary Nortford, LLC announced today that its fourth quarter revenues increased in excess of 300% from the previous quarter. The company also transitioned from a loss to profitability as operations from its Nortford, LLC subsidiary became integrated. Current financials have been posted to the OTC Markets web site.
"The Company is excited about its move to profitability, and increased revenues from transport operations. We are seeing real positives for our business," stated Tim Norton. He further stated, "We are currently adding equipment and facilities that will enhance the expansion and profitability of our Iowa business base as a result of sister company EggsPress coming online, and our new maintenance and operations facility in Fredericksburg, IA."
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. 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.
For more information, visit http://www.ptaholdings.net Telephone (877)-636-4520
Investor Relations Contact: ir@ptaholdings.net
SOURCE PTA Holdings, Inc.
Copyright 2013 PR Newswire
PTA Holdings, Inc. Announces Revenue Increase and Transition to Profitability
PHOENIX, March 14, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) through its subsidiary Nortford, LLC announced today that its fourth quarter revenues increased in excess of 300% from the previous quarter. The company also transitioned from a loss to profitability as operations from its Nortford, LLC subsidiary became integrated. Current financials have been posted to the OTC Markets web site.
"The Company is excited about its move to profitability, and increased revenues from transport operations. We are seeing real positives for our business," stated Tim Norton. He further stated, "We are currently adding equipment and facilities that will enhance the expansion and profitability of our Iowa business base as a result of sister company EggsPress coming online, and our new maintenance and operations facility in Fredericksburg, IA."
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. 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.
For more information, visit http://www.ptaholdings.net Telephone (877)-636-4520
Investor Relations Contact: ir@ptaholdings.net
SOURCE PTA Holdings, Inc.
Copyright 2013 PR Newswire
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