PTA Holdings, Inc. Gives Positive Financial Update for 1st
Quarter.
PHOENIX, May 6, 2013 /PRNewswire/ -- PTA Holdings, Inc.
(OTC Pink Sheets: PTAH) today announced the filing of
financial results for its 1st quarter ended March 31, 2013, through the OTC Markets
Disclosure. Financial results include the operating
companies of Nortford (logistics) and Eggspress (trucking).
Revenues for the quarter reached $1,035,781, operating profit $24,609. The Company also reduced net debt
in the period as a result of exchanging common stock for
notes. This amount was $63,530. The Company is in line with 'Pink
Current' reporting requirements. A further press release will
detail the company's financial progress and ongoing negotiations of
strategic acquisitions.
About PTA Holdings, Inc.: The Company presently operates
two transportation companies, Nortford (a logistics provider) and
Eggspress (a trucking company), which are sister companies
operating out of Fredericksburg, Iowa. The company
specializes in truckload protective service, logistic and freight
brokerage, and provides outside maintenance repair through its Hwy
18 Truck Repair center. The Company is conducting a
rollup of strategic logistic companies.
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.