I cannot understand the drop when we have purchased 19 new trucks with an expected increase of $3,000,000 annually..?? That was just 10 days ago...
HAMMOND, Ind., March 22, 2016 (GLOBE NEWSWIRE) -- HydroPhi Technologies, Inc. (OTC:HPTG) subsidiary Pro Star Freight Systems, Inc. (“Pro Star” or “Company”) announced today the addition of nineteen trucks to its long haul freight fleet. With this addition the Company continues to expand its already robust equipment fleet for the purpose of further capitalizing on the commercial freight market in the southeastern United States. The additional revenue generated by the trucks could exceed $3 Million annually.
“The addition of these nineteen additional long haul trucks directly serves to bolster Pro Star’s existing operations in the southeastern United States,” said Nikola Zaric, founder of Pro Star Freight Systems, Inc. “The Company is allocating resources to strengthen our position in this high-traffic territory in which we see great potential for existing and new business. We are confident on our ability to execute our strategy for sustained growth in the coming quarters.”
HydroPhi Chairman and CEO, Roger M. Slotkin’s comments on this transaction: “Mr. Zaric and the entire Pro Star team have diligently worked to grow and improve the operations of the company. From our new location for operations in Indiana to these additions to our fleet, our sites are focused at continuing to grow the company geographically and logistically.”
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