Protect Pharmaceutical Corp. Announces that KARINCA Logistics Merger Will Not Proceed
PROTECT PHARMS CORP (PRTT)
NASDAQ:AMEX Investor Relations:
marketwired.com/press-release/protect-pharmaceuticals-corporation-changes-business-model-pinksheets-prtt-2222390.htm
Company Research
Source: GlobeNewswire
ANKARA, Turkey, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Protect Pharmaceutical Corp. (OTC: PRTT) (“Company”) and Atlantic Logistics announce there will be no merger with KARINCA Logistics. The previous announcement on August 28, 2024, on the merger between KARINCA Logistics and PRTT should not be relied upon. During final due diligence at closing, an unforeseeable business issue arose, and Management did not issue shares or any other form of monetary exchange. Management will continue to update shareholders on the progress of the Company and its future. Currently, those plans do not involve KARINCA Logistics. Additionally, Director George Athanasiadis has resigned from the board of directors. 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 co
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