PTA Holdings, Inc (PTAH)

[ofspring]

New deadline was september 9 2015 then the pr came out September 14 2015 so i suspect they did work out a deal with TCA..

September 14, 2015 - 9:00 AM EDT
Print
Email Article
Font Down
Font Up
Charts
PTAH 0.0001 0.00

Today 5d 1m 3m 1y 5y 10y

PTA Holdings, Inc. Resets Operating Strategy
MILWAUKEE, WI--(Marketwired - Sep 14, 2015) - PTA Holdings, Inc. (OTC PINK: PTAH), a multi-faceted transportation group providing a broad array of traditional transportation and management services, have announced that they have completed their restructure program and reset the Company's formula for future growth.

Richard Morgan, President, stated today that "the company and TCA Global Master Fund, LP have determined that the restructured plan will better insure the future of the company while protecting its investors and shareholders as management executes its exciting new logistics plan for moving the company forward. We have developed a strategic business model featuring our relationship with H & N Logistics, LLC and Brecht Trucking, LLC; both are Hartung Brothers, Inc. business units. Our operating agreements provide the basis for continued expansion within their logistics freight management system during the remainder of 2015 and through 2016."

About PTA Holdings, Inc. OTC: PTAH
PTA Holdings 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 strategic business partner relationships and transportation industry roll-up opportunities.

To view website go to www.ptaholding.com

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.

Contact:


http://www.clerk-17th-flcourts.org/Web2/WebForms/Document.aspx?CaseID=Nzk0NTQ3Ng%3d%3d-9tQRCrgAc%2fQ%3d&CaseNumber=CACE15000655&Style=+TCA+Global+Credit+Master+Fund+LP%0a++++++++Plaintiff%0a+vs.+%0a%0a+PTA+Holdings+Inc%2c+et+al%0a++++++++Defendant&FragmentID=MTI1OTMzNDM%3d-%2bkeWNDpOrbE%3d&DtFile=01/12/2015&DocName=Motion+for+Enlargement+of+Time&PgCnt=9