Penny Stock PTA Holdings Inc.’s (PTAH) shares are plunging in Today’s Session
Shares of PTA Holdings Inc. (PINK: PTAH), an operator of a travel agency in the U.S., plunged in Thursday’s trading session. The penny stock of PTA Holdings ended Thursday’s session 42.86% lower at $0.0080 and is plunging another 40% to $0.0048, so far in today’s trading.
PTA Holdings earlier this week announced that it has obtained the former Chrysler/Jeep Dealership in Cleveland, Georgia as its new facility to accelerate production of its fuel saving oil.
Ted Leverette, CEO of PTA Holdings, said that the new facility is ideal for the ongoing interaction with the automotive/diesel service industry and is double the size of the company’s previous location.
Leverette also said earlier this week that the company has been engineering its oil products for the last 5 years, which consists of a premium blend of synthetic motor oils with proprietary additives that substantially reduce friction in piston fired engines, thereby creating fuel savings for customers.
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Posted by Arnulfo Saucedo
on Friday, February 17th, 2012. Filed under Internet, Stocks.
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