traderking60
1年前
PRTT 2024 Annual out. $132M rev, $56M profit, $17M cash, 57M shares O/S of which only 11M unrestricted, New CEO/Mgmt, $1/sh EPS, PE Ratio under 2, $270M in retained earnings. Waiting on audit completion, name/ticker change to reflect new int'l logistics business. Stock Price $1.35 https://www.otcmarkets.com/file/company/financial-report/464322/content
traderking60
2年前
Protect Pharmaceutical Corp. (PRTT) Finalizes the Merger with KARINCA Logistics
Press Release | 08/28/2024
ANKARA, Turkey, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Protect Pharmaceutical Corp. (OTC: PRTT) ($PRTT) (“Company”) announces it completed the necessary documentation to finalize the merger with KARINCA Logistics - www.karincalogistics.com.
PRTT’s Management believes that the KARINCA Logistics merger should add substantial value to the Company’s overall operations, and it brings a talent pool of professionals, dedicated to the successful integration of the combined business operations. KARINCA Logistics brings a large network of operations, many very valuable routes, and opens sales opportunities throughout Europe and Asia.
To complete the merger, the Company issued 1,000,000 additional Preferred Shares, which have 100 to 1 common share voting rights but are not convertible to common shares. There was no common share dilution to complete the merger.
Ozgur Ozcan, PRTT's CEO, stated, “with the merger complete we are focused on finalizing the PCAOB audit. The audit will allow the Company to file a FORM 10 registration statement to resume reporting with the SEC in preparation to uplist to an exchange. This process is our priority as a company.”
The merger of Atlantic Logistics and KARINCA Logistics expects to bring in new revenue streams and profitability to the Company during the remainder of this calendar year
About Atlantic Logistics:
Atlantic Logistics strives to provide innovation in service, a business model that gives customers and partners the technology and commercial intelligence to support creative ideas. The team remains dedicated to keeping the company’s systems on the cutting edge and constantly evolving business to serve our clients better. Atlantic Logistics use robust technology to track inventories, manage customs compliance, and track shipments worldwide. Atlantic Logistics is the answer to any logistics needs you might have. Atlantic Logistics transports products via land, air, and sea using trucks, ships, rail, and air, rapidly growing into a worldwide logistics company with services across Europe, Asia, South America, and Central America - www.atlantic-logistics.net.
About KARINCA Logistics:
KARINCA Logistics is one of Turkey’s leading companies that provides international transportation, domestic logistics, customs clearance, energy and project logistics services. Management continues to seek the latest solutions, technologies and innovations in the logistics sector. With its international logistic and transportation service, land, sea and air, KARINCA remains committed to customer satisfaction at its highest level - www.karincalogistics.com.
Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "to", "plan", "expect", "believe", "anticipate", "intend", "could", "would", "estimate," or "continue", or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risk, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with OTC Markets. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For more information contact:
Protect Pharmaceutical Corp.
Ozgur Ozcan +90 (554) 112 40 25
Info@atlantic-logistics.net
www.atlantic-logistics.net
traderking60
2年前
Ali Yildiz December 22, 2023 Letter to the Shareholders of Protect Pharmaceutical Corp.
Press Release | 12/22/2023
Istanbul, Turkey, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Protect Pharmaceutical Corp. “OTC:(PRTT)” Ali Yildiz Addresses shareholders of the company.
As we stated last week we are in the final stages of our PCAOB audit and expect its completion very soon. We have now responded to the open items to the auditor. We expect to receive the finalized audit report very soon and feel we can still meet our goal of completion before year end. As we end the year we are optimistic and believe that the company has accomplished a lot within this calendar year. We have experienced growth in revenue and profitability quarter over quarter. We have reached new milestones which at the first of the year seemed very aggressive. Steady growth is expected to continue throughout the new year and we believe our strategic positioning within the industry is unique and will provide excellent opportunities.
Finalizing our PCAOB audit is a crucial part of our plans to grow the company and increase our market share for the company. We have also announced a stock buyback program and will begin the program within the coming weeks. We believe the company is in an excellent position to take advantage of several unique situations within our industry. Expansion into South America, Eurasia, and throughout Europe will allow us to maximize profitability and bring the company to new heights both from a revenue and profit perspective.
Our recent acquisition of Bosfor Export has also opened new opportunities and new routes that bring exciting opportunities to our business. We believe this acquisition will play an integral part of our expansion into South America and it also brings opportunities to our current shipping routes throughout the Black Sea. This enhances our current business growth in shipping, customs storage, rail transport, road transport and air freight. As we grow into a worldwide logistics company we look forward to implementing our unique and robust logistics technologies and custom solutions into the daily operations of the companies and clients we work with. We look forward to a successful end of 2023 and the beginning of a successful 2024. We will be providing weekly updates with our audit progress.
Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate,” or “continue”, or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risk, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date hereof. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with OTC Markets. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For more information contact:
Protect Pharmaceutical Corp.
Ali Yildiz +90 (531) 452 82 27
Info@atlantic-logistics.net
Thugmuffin
4年前
$PRTT (UPDATE) The game changing acquisition announced by Protect Pharmaceutical Corporation.Press Release | 06/23/2022
After many months of strategic planning and development, the two companies are ready to announce the details of their upcoming acquisition deal.
Minsk, Belarus., June 23, 2022 (GLOBE NEWSWIRE) -- Protect Pharmaceutical Corporation, Inc. “OTC:(PRTT)” will enter into a share exchange agreement with ?JSC “Inaiapp” (a leading blockchain solutions provider in EU region) in order to secure its strategic goals for the web 3.0 market. The agreement is to acquire 100% of the outstanding shares of Inaiapp. Inaiapp has an extremely strong development and management team that will bring instant significant value to PRTT.
The deal will drive PRTT’s position as an emerging tech innovation company and allow the consolidation of financial flows required to develop and launch its premier products (multiboxnft.com and others) according to company intentions and goals.
“We not only point out the obvious value, that Inaiapp will bring to PRTT, but also the impact, that public trading company could create with Inaiapp’s assets”, says Nick Greb President of Protect Pharmaceutical Corporation, Inc.
Established in 2014, Inaiapp has 8 years of blockchain development experience, helping businesses grow. The company brings high end business automation and DLT-based tools, offering exceptional speeds, constant data integrity, high security and scalability to its clients.
About PRTT
Protect Pharmaceutical Corporation is a full-cycle software development and delivery company that produces, releases, and supports digital products for the business-to-business and business-to-consumer markets. The company’s expertise lies in custom software development and consulting services in Business automation, Artificial Intelligence, Machine Learning, Data Science, Big Data, Image recognition, Blockchain development, and cloud services. Its domain focus includes Supply chain, Logistics, Healthcare, Finance, Real estate, Legal, Insurance, Advertising, and more.
For more information contact:
Protect Pharmaceutical Corporation, Inc.
(347) 692 8942
business@inaiapp.com
AskMuncher
5年前
$PRTT A Forward-looking Partnership: Protect Pharmaceutical Plans to Merge with INAI App Corp and Acquire its Human Scanner Software
Press Release | 09/07/2021
Minsk, Belarus, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Protect Pharmaceutical Corp. “OTC:(PRTT)” is pleased to announce it plans to acquire INAI App Corp, an Artificial Intelligence-focused company. In the light of this exciting news, we’d like to add that per the deal, Protect Pharmaceutical is also planning to acquire INAI’s “Human Scanner Software.” The software will be used as a security scanner in publicly attended venues such as airports, stadiums, hospitals, etc.
The distinct feature of the tool’s technology is its fast scanning process. Using computer vision and machine learning technologies, it detects dangerous tools, such as guns and bombs, in a fraction of a second.
Nikolai Grebenkine, the founder of INAI App Corp, will assume corporate leadership of the post-merger company “On behalf of the whole INAI team, I am very excited for this new chapter of Human Scanner to begin with Protect Pharmaceutical.Stay tuned; we have really big things ahead!”, Nikolai commented on this much anticipated merger.
Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate,” or “continue”, or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risk, uncertainties, and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date hereof. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with OTC Markets. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For more information contact:
Protect Pharmaceutical Corp.
(801) 432-0405
info@agropharmacy.com
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