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PTA Holdings, Inc.: PTA Holdings, Inc. and US Boron, LLC Enter Into an LOI to Jointly Market Fuel Saving Products for Internal Combustion Engines; USB to License Its Lubricants to Mileage Management Corp.
CLEVELAND, GA (MARKET WIRE) PTA Holdings, Inc. (PINKSHEETS: PTAH) announced today that it executed a Letter Of Intent with US Boron, LLC ("USB"), a major chemical lubricant manufacturer that supplies specialty lubricants to heavy industry and manufacturing, to form a Joint Venture to develop and market Mileage Enhancement Modification Packages for internal combustion engines. The Joint Venture will be called Mileage Management