
Do any of these press releases ring a bell?
PTN Continues Growth Strategy, Acquires Leading California Agency
FRESNO, Calif., June 23, 2009 (GLOBE NEWSWIRE) -- PTN, Inc. (OTCBB:PTVL) is pleased to announce today that the company has entered into an agreement to acquire Cruise Adventures, which has operated its travel business for nearly 10 years, in the affluent River Park retail shopping area, and is among the leading travel agencies in the Central Valley of California.
This acquisition is important as we continue to build our Retail Division. Cruise Adventures has operated successfully for 10 years under the ownership of Industry veteran Craig Mungary. Mr. Mungary will also take control of the Retail Sales Division of PTN, Inc, which now includes, Pro Travel Fresno, Cruise Adventures and Laser Travel of Melbourne Australia.
We are running a pyramid and in an attempt to comply with seller of travel laws, we will buy a agency, call it a "leading agency" and everyone will think we are legitimate.
Pro Travel Network Announces Q3 Results for Fiscal `09
FRESNO, Calif., May 18, 2009 (GLOBE NEWSWIRE) -- Pro Travel Network, Inc. (OTCBB:PTVL) (the "Company") has released its unaudited financial results for its fiscal third quarter which ended March 31, 2009.
The Company had total revenues of $1,181,960 for that time period compared to revenues of $2,672,811 for the quarter which ended March 31, 2008. Gross profit was $602,477 compared to $1,104,167 for the same period last year. The company did experience a comprehensive loss of $94,981 for the third quarter compared to a comprehensive gain of $241,088 for the third quarter of 2008. As a result, earnings per share for the third quarter were $0.00 compared to earnings of $0.01 per share for the third quarter of 2008.
Pro Travel Network President & CEO Mr. Paul Henderson commented, "The first three months of this year were not only challenging for our company, but for the nation as a whole. Financial markets were under incredible stress and while some were looking for a bailout, we were looking for growth opportunities."
Eeks, people are seeing this scheme for what it is and are dropping like flies. But we will blame it on the economy and hope that people don't realize that the the revenues from the first three months probably came from prior sales.
Pro Travel Network Wins Award for Sales, Professionalism and Marketing
FRESNO, Calif., June 10, 2009 (GLOBE NEWSWIRE) -- Pro Travel Network (OTCBB:PTVL) has been recognized in the industry for its sales, professionalism and marketing by Carnival Cruise Lines. Carnival's top "Pinnacle Award" was given to Pro Travel as one of the top marketers of the "Fun Ship" vacation experience.
Apparently the Pinnacle Award is exclusive to Pyramid Schemes. Maybe the award designer made a boo boo and got the words confused..PINNACLE and PYRAMID..3 syllables, each starts with the letter "P". Not awarded to any legitimate travel agency...hmmm. Hey Carnival, are we on to something here?
Pro Travel Network Undergoes Name Change to Reflect New Ventures
FRESNO, Calif., May 28, 2009 (GLOBE NEWSWIRE) -- Pro Travel Network, Inc. (OTCBB:PTVL) (the "Company") has announced that effective Friday, May 22, 2009, the Company has officially undergone a name change to PTN Inc. This will serve as a parent company to five separate operating divisions that will be launched this year beginning June 1st.
Company CEO Mr. Paul Henderson commented, "PTN is a travel related company with several travel related offerings. With the launch of several new products on the horizon, we believed that rather than launching them under the Pro Travel Network name, we would launch them as fully separate operating divisions, since they have very little in common with our current Pro Travel Network model."
Oops, we got in trouble on infringing on the brand of a legitimate travel business called ProTravel International (#22 on the TW Power List). Well, in order to more accurately reflect what we do, let's eliminate "pro" and "travel" from the name. That way when we add more potions and lotions, it will be easier.
And the financial playbook seems to be the same as well. Lose $1.7 million but pull a $600K+ salary. Hire the a used car salesman for your COO. It's a perfect recipe for a travel agency!