Oil prices dropping could mean BIG MONEY for PTAH
PTA Holdings, Inc. OTC Pink: (PTAH)
3420 East Shea Boulevard • Suite 200 • Phoenix, AZ 85028
• Email: firstname.lastname@example.org WEBSITE: http://www.ptaholding.com ALL Filings http://www.otcmarkets.com/stock/PTAH/filings
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."
PTAH filings prove beyond any doubt that there are NOT enough common shares left in the A/S cover the conversion of the already issued preferred shares.
only 2 ways that can be remedied FACT either yet another increase in the A/S or a Reverse Split again FACT
Common or Preferred Stock
For common equity, describe any dividend, voting or preemptive rights.
Class A Common Stock voting rights are on a 1:1 basis
Class B Common Convertible is designated as Class "B" voting rights at (10) times Class A common stock in actions to be taken by stockholders of the corporation. Upon liquidation, dissolution or winding up of the corporation, whether voluntary or involuntary, the holders of Class B Stock will share pro-rata with the holders of Class A Common Stock.
For Preferred stock, describe any dividend, voting, conversion and liquidation rights as well as redemptive or sinking fund provisions.
Series A- The company has been authorized to issue 60,000,000 shares of series A preferred with a par value of $0.0001 per share. Voting rights are (10) times that of 3 Class A Common, and
conversion rights at the rate of (10) shares of Class A common for each preferred share
Series B - The company has been authorized to issue 2,000,000 shares of Series B preferred stock with a par value of $0.0001 per share. Voting rights, 500 times Class A common, and conversion rights at the rate of 100 shares of common for each preferred Series B share. As of September had issued 1,000,000 shares.
Item- 6 The number of shares or total amount of securities outstanding for each class of securities authorized.
Period end date;
June 30, 2014
Number of shares authorized; 1.8 billion
Class A Common
Number of shares outstanding; 1,770,349,910
Freely tradable shares (public float); 1,697,547,910
Total number of beneficial shareholders; 140, and
Total number of shareholders of record; 170.
Class B stock
Number of shares authorized; 40 million Class B Common
Number of shares outstanding;12,500,000
Freely tradable outstanding; (public float);
Total number of shareholders of record;
Preferred Series A
Number of shares authorized; 60,000,000
Number of shares outstanding; 34,144,300
Freely tradable outstanding, (public float) NONE
Total number of shareholders of record; 5
Preferred Series B
Number of shares authorized; 2,000,000
Number of shares outstanding;2,000,000
Freely tradable outstanding, (public float) NONE
Total number of shareholders of record; 3
PTAH PTA Holdings, Inc.
Common Stock Alternative Reporting OTC Pink Limited Information Link to ALL News http://ih.advfn.com/p.php?pid=news&symbol=NO^PTAH
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
Period end date;
June 30, 2014
Number of shares authorized;
Class A Common
Number of shares outstanding
Freely tradable shares (public float)
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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.
"We are excited to expand our footprint in this solid segment of the transport market," stated Tim Norton, Vice-President. He further stated, "we are continuing to evaluate additional acquisition opportunities that will enhance the profitability of our Midwest business base."
PTA Holdings, Inc. Buying Intermodal Container Carrier
Date : 06/04/2013 @ 9:12AM
PHOENIX, June 4, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) announced today that the Company is in negotiations to purchase a Midwest trucker of ocean containers. The carrier services rail and port and rail hubs located in Illinois and Wisconsin operating with company and owner operator power and company owned bogies. Ocean and domestic container freight continues to grow year over year, and it's the Company's intention to acquire more carriers and open more strategic terminals. The target carrier provides the Company with a strong beginning in the container business. The Company will be able to expand the targets operating revenues of $2 million through addition of equipment.
PTA Holdings, Inc. Announces Agreed Term Sheet to Acquire a Midwest Based Container Trucking Company 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, announced today that it has entered into an agreed Term Sheet to acquire a Midwest based motor carrier specializing in Intermodal transportation.
Date : 07/22/2013 @ 1:27PM
Leonard Lewensohn, C.E.O. of PTA Holdings stated, "The acquisition of this carrier as a provider of international and domestic container trucking services for the rail terminals and ports of Chicago and Milwaukee opens new revenue streams. This is a strategic marketing move for our company. The 'target' has been a pioneer in international and domestic container drayage with a well-deserved reputation for safety and reliability opening the door to an entirely new business sector for our company in those markets. Closing is scheduled before the end of the 4th quarter. The target company's annualized revenue is projected at just under $2 million."
PTA Holdings, Inc. Announces Revenue Increase and Transition to Profitability
Date : 03/14/2013 @ 9:15AM
PTA Holdings Inc. Enters Produce Hauling Market & Improves Loaded Mile Efficiency
Date : 03/25/2013 @ 8:30AM
PTA Holdings, Inc. Gives Positive Financial Update for 1st Quarter.
Date : 05/06/2013 @ 8:30AM
PTA Holdings, Inc. Continues Trucking Roll UP Strategy
Date : 05/16/2013 @ 8:00AM
PTA HOLDINGS, INC. Appoints Premier Media Services for Investor Relations
Date : 06/10/2013 @ 8:00AM
PTA Holdings, Inc. Announces its Iowa Operations will Exceed 2012 Second Quarter Revenue by 600%
Date : 06/12/2013 @ 4:05PM
PTA Holdings, Inc. Expands Iowa Fleet With Addition of Tractors Scheduled for 2013
Date : 06/25/2013 @ 8:30AM
PTA Holdings, Inc. Announces 34% Revenue Increase on Iowa Operating Statistics
Date : 07/23/2013 @ 12:10PM
PTA Holdings Inc. Notes Positive Earnings Results for 2nd Quarter and Year over Year for June 30, 2013 YTD
Date : 07/30/2013 @ 7:58AM
PTA Holdings Inc. Releases Positive Results for 2nd Quarter Showing Major Gains on a Year Over Year Basis
Date : 08/12/2013 @ 8:27AM
PTAH Subsidized/Backed by Chickasaw County, Iowa ~ Hwy18 Truck Repair:
RESOLUTION NO. 07-08-13-19. A RESOLUTION FOR JOB INCENTIVE FUNDING AT NORTFORD, LLP d/b/a HIGHWAY 18 TRUCK REPAIR.
PTA Holdings Inc. (PTAH) is a holding company with a core focus in the logistics industry. The Company acquired Kingsley Logistics Group in June, 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 measurable value throughout the customer's supply chain, bringing a business advantage in the marketplace. The Company acquired, December 2012, Nortford LLP, and Iowa based logistics company, and its sister company, Eggspress LLP, and Iowa based refrigerated motor carrier. The Kingsley business model will be the company’s strategy for growth going forward. The Company operates a full service maintenance facility, Hwy 18 Truck Repair, located in Fredricksburg, Iowa.
Motion by Byrne, Seconded by Geerts to approve the Resolution for the job incentive funding at Nortford LLP d/b/a Highway 18 Truck Repair
in the City of Fredericksburg, authorize Chairman signature on the agreement .
Roll Call: All Ayes. Motion Carried.
Motion by Byrne, Seconded by Geerts to approve the Resolution for the job incentive funding at Nortford LLP d/b/a Highway 18 Truck Repair in the City of Fredericksburg, authorize Chairman signature on the agreement . Roll Call: All Ayes. Motion Carried.
RESOLUTION NO. 07-08-13-19. A RESOLUTION FOR JOB INCENTIVE FUNDING AT NORTFORD, LLP d/b/a HIGHWAY 18 TRUCK REPAIR. WHEREAS,
Chickasaw County desires to promote and expand economic development and enhance quality of life for residents within the County; and WHEREAS, Nortford LLP, d/b/a Highway 18 Truck Repair, desires to open a business called Highway 18 Truck Repair at 411 East Main Street in Fredericksburg, Chickasaw County, Iowa and create seven (7) to nine (9) new jobs at a minimum threshold of $17.00 per hour with a job retention of five (5) years; WHEREAS, Chickasaw County Board of Supervisors desires to participate with $1,000.00 per job for funding up to $9,000.00.
WHEREAS, Chickasaw County Board of Supervisors would provide Nortford, LLP, d/b/a Highway 18 Truck Repair with job money by paying $1,000.00 per job commencing April 2013 for a total of seven (7) to nine (9) new full time jobs working a forty (40) hour week for a period up to twenty-four (24) months from April 2013 at a minimum threshold wage of $17.00 per hour with a job retention for a period of five (5) years. WHEREAS, Nortford, LLP d/b/a Highway 18 Truck Repair will provide Chickasaw County Board of Supervisors on a quarterly basis verification that the employees hired have been retained as per this Resolution and verify new employees up to the nine (9) new jobs required herein. WHEREAS, Nortford, LLP, d/b/a Highway 18 Truck Repair has signed an agreement with Chickasaw County with regard to the compliance of the above entitled provisions. NOW, THEREFORE, BE IT RESOLVED THAT, the Chickasaw County Board of Supervisors hereby supports and expresses its receptiveness to job incentive participation, to promote county economic development and subsequently enhance quality of life for residents through increased tax valuation of the industry. The proposed expenditure will be paid by funds through the Economic Development general basic fund. Passed and approved by the Chickasaw County Board of Supervisors this 8th day of July, 2013. AYES: /ss/ Rick Holthaus, Chairman, John Andersen, Jason Byrne, Tim Zoll, Steve Geerts. NAYS: None. ATTEST: /ss/ Joan E. Knoll, Chickasaw County Auditor.
IR RESPONSE IN FULL DETAIL (Posted my N1k3)
Motion by Byrne, Seconded by Geerts to enter into an agreement with Nortford LLP d/b/a Highway 18 Truck Repair in the City of Fredericksburg and authorize Chairman Signature. Roll Call: All Ayes. Motion Carried.
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