PTA Holdings, Inc. (OTCPK:PTAH) entered into a letter of intent to acquire Nortford, LLC in cash and stock on November 6, 2012. Nortford, LLC has annual revenue of $5 million. The transaction is subject to completion of due diligence and financing required for the transaction and is expected to be completed prior to year ending 2012.

As of December 10, 2012, PTA Holdings, Inc. announced that it has completed its initial due diligence review of materials related to the deal.