PTA Holdings, Inc. Recent Business development
PTA Holdings Inc. (PTAH) is a holding company doing business in the for-hire transportation industry.
The Company acquired Kingsley Logistics Group in June of 2012. Kingsley is a multi-faceted
transportation group and will be providing a broad array of traditional transportation services that include
LTL & Truckload, Inter-modal, Rail, Warehousing & Distribution, Equipment Leasing, Brokerage and
3PL, plus Retail & Special Projects Business Groups. The Kingsley Logistic Group business model is
designed to add real and measurable value throughout the customer's supply chain designed to create a
business advantage in the marketplace.
The Company acquired Nortford, LLP, an Iowa based transportation company in December of 2012 and
Eggspress, LLP during the 1rst quarter of 2013. During the 2nd quarter, 2014 the company realigned its
operations to become direct fleet operations under H & N Logistics, Madison Wisconsin. The Company
ceased operating its Truck Repair Facility during the quarter, opting to utilize outside services for
maintenance and repair of operating equipment. This action has resulted in a reduction of costs
associated with that operation.
In July, 2014 the Company entered into a $5 million revolving credit facility with TCA Global Credit
Master Fund to support growth and future acquisitions. The Company drew down $750,000 in August,
2014. The credit facility allowed the Company to purchase Crane Creek Trucking which will add $1.5
million in annual revenue. The Company retired debt held by the bank of Iowa against Nortford an
operating equipment loan in the amount of $268,058.00. Nortford as consideration for the Iowa Bank
transaction agreed to reduce its outstanding Note of $500,000.00 by $400,000.00 leaving a note payable
of $100,000.00 to the principles of Nortford on the books of the Company.
Kingsley Logistic Group acquired by PTA Holdings in 2012 is a multi-faceted transportation group
providing a broad array of traditional transportation services that include LTL & Truckload, Inter-modal,
Rail, Warehousing & Distribution, Equipment Leasing, Brokerage and 3PL, plus Retail & Special
Projects Business Groups. The Kingsley business model will become the strategic plan for growth the
company will follow. The Company restructured its operating units during the 2nd quarter 2014 to place
more emphasis on their logistics management capabilities (3PL) in combination with its trucking
business. This shift in focus has enabled the Company to reduce its cost of operations lowering its breakeven
point and setting the stage for increased profitability at lower revenue levels. The 3PL strategy is
based upon maintaining close relationships, some contractually with its customers providing services that
may include in-house traffic management for its customers within the customers place of business. Much
of the 3PL business while profitable delivers a lower revenue base as a result of billing at margins rather
that gross invoice to deliver commissions associated with that business segment. Focus on 3PL will be an
ever increasing component of the Company's business in the future. During the 2nd quarter the Company
exited their equipment repair business choosing to outsource maintenance. The recent purchase of Crane
Creek Trucking has provide the vehicle for that transition.
Link for 2nd quarter http://www.otcmarkets.com/financialReportViewer?symbol=PTAH&id=126789 OTC Pink: (PTAH)
3420 East Shea Boulevard • Suite 200 • Phoenix, AZ 85028
• Email: firstname.lastname@example.org WEBSITE: http://www.ptaholding.com Link for 3rd quarter 2013 financials
Year End Financial Statement
http://www.otcmarkets.com/financialReportViewer?symbol=PTAH&id=116220 PTA Holdings Inc. Notes Positive Results for 4th Quarter, Year Ending 2013
Phoenix, Arizona - March 3, 2014 PTA Holdings, Inc. (OTC Pink Sheets: PTAH) a multi-faceted transportation group providing a broad array of traditional transportation and management services, announced today that its trucking business had positive results during the 4th quarter and for year ending December 31, 2013. The company reported revenue of $4,329,000 for the fiscal year ending December 31, 2013 with a profit of $73,000.
Leonard Lewensohn, CEO, stated today that;" We are pleased with the growth of the company and our 2013 success is directly related to our ability to grow while maintaining high levels of service to our customers. Service is fundamental to our growth expectations as we look forward to 2014. In that regard, we expect internal growth for 2014 and following our roll-up strategy, growth from acquisitions. We are presently engaged in funding negotiations that when completed, will increase our revenue base in a dramatic way.? He further stated; "That over this quarter we will be updating our shareholders as the events mentioned come to pass."
PTA Holdings, Inc.
As of June 30, 2014 and 2013
Jun 30 Jun 30
Cash 2,567 3,464
Accounts Receivable 62,422 174,818
Other Current Assets 278,476 277,050
Total Current Assets 343,465 455,333
Equipment 190,775 193,249
Due from Ted Leverette II 56,100 56,100
Goodwill remaining from Pro Flow 142,361 142,361
Investment in NortFord, LLP 500,000 500,000
TOTAL ASSETS 1,232,701 1,347,043
LIABILITIES & EQUITY
Accounts Payable 28,713 76,184
Accrued Expenses 15,266 170,699
Convertible Short-Term Notes 30,000 30,000
Unsecured Note-Kingsley Logistics Group 0 112,750
Total Current Liabilities 73,979 389,633
Notes Payable 114,449 131,352
Equipment Loans 268,058 160,147
Note Payable to NortFord, LLP 500,000 500,000
Total Long-Term Liabilities 882,507 791,499
TOTAL LIABILITIES 956,486 1,181,132
Class A - authorized 2013 1,800,000,000
2012 260,000,000 issued and outstanding
as of June 30, 2012 118,119,450
as of June 30, 2013 1,445,810,410 144,581 90,345
Class B - authorized 40,000,000 shares 1,250 1,250
authorized and outstanding is 12,500,000
Series A - authorized 20,000,000 34,144
par value .001 issued 34,144,300
Series B - authorized 2,000,000 2,000 1,000
par value .001 issued and outstanding
Total Stock Issued 180,975 92,695
PTAH PTA Holdings, Inc.
Common Stock Alternative Reporting OTC Pink Limited Information http://www.otcmarkets.com/stock/PTAH/profile
Make Shipping a Profit Center for your Business....
At PTA Holdings, Inc. we offer logistics solutions through our Kingsley Consulting Group; we partner with you throughout the entire implementation of your customized program. 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. Our leading-edge technology will help maximize fulfillment of your transportation and logistics requirements backed by our transportation operations featuring multi-modal equipment operations.
Kingsley Consulting Group will provide customers with ongoing analysis and decision-making processes through superior logistics management. The results are improved customer satisfaction and performance throughout the supply chain.
PTA Holdings, in addition to our own trucking operations, has in-house transportation management expertise for all major modes of transportation including truckload, LTL, inter-modal air, train, and ocean freight. At your request, our implementation team will analyze your transportation network. Our goal is to establish criteria for the modal selection of transportation providers to provide the most cost-effective delivery results for your application.
Our Team Offers a Suite of Services Unique to Our Customers' Requirements
To be competitive on any scale, today's successful business enterprise must rely on the resources, skills, and experience of a trusted transportation provider to put essential materials and goods in the right place at precisely the right time. Our management team has over a hundred years of combined transportation management experience and is prepared to bring its customers the most cost-effective service reliable options for the shipment of products throughout the supply chain.
Where The Rubber Meets The Road
Truckload (TL) - Our Truckload operation is positioned to support all of your dry van, temperature controlled, intermodal, and flatbed requirements. Our model provides the flexibility to support your shipping needs throughout the year regardless of seasons or lane or volume variations. Our fleet will support your freight movements throughout the domestic U.S. or beyond, resulting in cost-effective and on-time delivery performance.
Intermodal - Intermodal mixes rail transportation with any number of other transportation services including; Truckload and LTL providing the most economical solution for customers.
Less-than-Truckload (LTL) - As a provider of transportation solutions, we offer customers a variety of service options, including consolidation into truckload shipments, resulting in improved delivery times at reduced cost.
PTA Holdings Inc. Releases Positive Results for 2nd Quarter Showing Major Gains on a Year Over Year Basis http://ih.advfn.com/p.php?pid=nmona&article=58776217 PTA Holdings, Inc. (OTC Pink Sheets:PTAH), a multi-faceted transportation group providing a broad array of traditional transportation and management services, announced today that its Iowa Operations had positive results during June with increases in revenues and profits over prior periods.
Leonard Lewensohn, President of PTA Holdings Inc. stated that, "2nd quarter results for the company as released are headed in the right direction after a slower than expected start in the quarter." As stated earlier by Tim Norton VP, June signaled a strengthening with significant gains that will provide overall positives for the quarter and year to date. "We continue to believe that our earlier forecasts will be in line with industry statistics and growth predictions related to the outlook for our industry in 2013. Revenues for the half year exceeded $2 million and profits at $57,000. An upturn in the economy has presented our company with the opportunity to expand our markets and enjoy success throughout 2013 and into the future."
He further stated, "The release of our performance results are an indication that the strategy for growth at PTA Holdings is sound.
Our revenues and our profits are up ten times over last year and we expect those trends to continue."
Leonard J. Lewensohn,CEO/President/Director
Leonard is a practicing attorney with extensive history in the transportation field having an active legal practice specializing in mergers and acquisitions. In the early 80’s he represented clients by initiating, structuring the acquisition and obtaining capital in the acquisition of the motor carrier companies owned by Santa Fe Industries and Burlington Northern Industries. Combined assets of the merged rail motor carriers exceeded $20 million and gross combined revenue in excess of $100 million. Mr. Lewensohn was the Executive Director of Co-Operative Shippers Association, from 1981-1983, a nonprofit shipping association of produce and regular commodities, utilizing 400 member owned refrigerated trailers operating piggy back service between the Midwest and California. From 1960 to 1980 he was president of a family owned, multi-state Midwest LTL common carrier. Leonard is a Graduate in Economics, BS, and School of Law, L.L.B. from the University of Wisconsin, is a practicing attorney in Wisconsin and is a Licensed Real Estate Broker, State of Wisconsin. He is a member of the State Bar of Wisconsin, and an alumnus of the Young Presidents’ Organization.
Lynn Morgan, Secretary/Treasurer/Director
Lynn has over 20 years of business experience including administration, finance and systems design having extensive background in the transportation industry. Her experience includes working for a transportation brokerage company designing and implementing a web-based computer network that provided shippers and carriers online access to status and cost of associated load activity and providing support for hardware and software deployment. She was a team member for the design and implementation of software development specifically for the transportation/brokerage industry. Lynn has a degree in Computer Technology with an emphasis in computer networking. She has obtained the credential MCP and is currently working on MCSA certification.
Timothy Norton, Vice President/Director
Tim has over 30 years experience in the transportation industry that covers all aspects of administration, finance, operations and sales. As Controller, Business Manager, Business Development Manager, Operations Manager, and IT Manager heading up business operations for a major transportation public company. He is trained in finance and business administration and process improvement, having managed several of these projects during his career. His achievements include the designing and building of a state-of-the-art Freight Brokerage System. Projects include start-up of transportation operations for a major national manufactured housing company, and supply chain and transportation management for an international software company.
OTCMarkets Data: http://www.otcmarkets.com/stock/PTAH/filings
May 5, 2013: Quarterly Report - Quarterly Information and Disclosure Statement
May 5, 2013: Quarterly Report - Financial Statement Quarter Ending 3 31 2013
Aug 11, 2013: Quarterly Report - PTA Holdings Financial Report
(i) Period end date; June 30, 2014
(ii) Number of shares authorized; 1.8 billion Class A Common
(iii) Number of shares outstanding; 1,770,349,910
(iv) Freely tradable shares (public float); 1,697,547,910
(v) Total number of beneficial shareholders; 140, and
(vi) Total number of shareholders of record; 170.
Manhattan Transfer Registrar Co.
57 Eastwood Road
Miller Place, NY, 17764
PTAH NewsFeed Link: http://ih.advfn.com/p.php?pid=news&symbol=PTAH
RECENT ACQUISITION(s) & POTENTIAL DEALS in Progress:
PTA Holdings Inc. Completes Eggspress Acquisition
Date : 05/14/2013 @ 8:00AM
PHOENIX, May 14, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) announced today that the company has closed on the acquisition of Eggspress Inc. The completion of this transaction further strengthens the company's position in the agriculture transportation market in the Midwest region. The company anticipates that this acquisition should increase revenue by approximately $5,000,000 over the next twelve months.