PTA Holdings, Inc (PTAH)

[user134247]

They had a small truck operation Eggspress they ran the wheels off of for awhile, not sustainable.

NEVER HAPPENED PTA Holdings, Inc. Buying Intermodal Container Carrier
Date : 06/04/2013 @ 9:12AM

http://ih.advfn.com/p.php?pid=nmona&article=57843335

NEVER HAPPENED 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.
NEVER HAPPENED PTA Holdings, Inc. Announces Agreed Term Sheet to Acquire a Midwest Based Container Trucking Company
Date : 07/22/2013 @ 1:27PM

NEVER HAPPENED http://ih.advfn.com/p.php?pid=nmona&article=58502086
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.

NEVER HAPPENED 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."

Who's on first, What's on second.
No Sale Of Crane Creek trucking.The first draw of funds was use for the acquisition of Crane Creek Trucking, as announced on August 21, 2014
http://www.marketwatch.com/story/pta-holdings-inc-signs-5-million-revolving-credit-facility-with-tca-global-credit-master-fund-to-support-growth-and-advance-acquisition-efforts-2014-09-03
The Company's Nortford subsidiary has become a direct fleet operator with H & N Logistics. NOT POSSIBLE
http://www.marketwatch.com/story/pta-holdings-inc-announces-2nd-quarter-2014-results-and-results-of-5-million-credit-facility-with-tca-global-master-credit-fund-2014-09-16