Friday, October 31, 2014 1:39:36 PM
Results and Results of $5 Million Credit Facility
With TCA Global Master Credit Fund.
PHOENIX ARIZONA - September 16. 2014/ PTA Holdings, Inc. (OTC Pink Sheets: PTAH)
a multi-faceted transportation group providing a broad array of traditional transportation and
management services, today reported financial and operational results for the 2nd quarter ending
June 30, 2014. The Company announced a profit of $15,947 for this quarter compared with a
profit of $57,767 for the same period last year. During the 2nd quarter ended June 30, 2014, total
revenues decreased by $565,000 from the previous 1st quarter, due to realignment of its
operations. The Company’s Nortford subsidiary has become a direct fleet operator with H & N
Logistics.
The receipt of a $5.0 million revolving line of credit from TCA Global Master Credit on August
1, 2014, allows the Company to expand its operations through equipment purchases and
acquisitions. The first acquisition under the line of credit was Crane Creek Trucking. This
should add $1.5 million in annual revenues. By then end of the 4th quarter the Company expects
to be utilizing 12 company units and 5 owner operators.
With funding available, the Company is planning another acquisition of an Iowa based trucking
company that will develop additional annual revenues of $1.5 million.
This is another significant event in our development and growth plans. The credit facility with
TCA forms a key pillar in our funding capability and, with another strong funding partner behind
us, demonstrates to customers, partners and targeted acquisitions collectively that we are in a
position to execute. The Company is prepared to file its 3rd quarter 2014 report within 45 days
end of period.
ANYTHING CAN HAPPEN TO YOUR INVESTMENTS!!!! PLEASE DO
YOUR DD BEFORE INVESTING AND MAKE $$$$$$!!!!!
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM
Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • KGKG • Apr 22, 2024 8:30 AM