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WEST PALM BEACH, Fla. -- Petro Plus USA Inc. -- formerly Striker Capital Corp. -- announced Friday that it has again changed its corporate name, now to Petroleum Consolidators of America Inc. and its trading symbol to "PCAI."
CSNews Online reported on July 25 that the former Striker Capital had completed a change of its corporate name to Petro Plus USA and its trading symbol to "PTRP," a move that the company's management said would provide increased recognition in the investment community.
In Friday's statement, the company said the new name was necessary to provide the differentiation needed to correctly trademark its name and avoid any potential conflicts with other companies in the same field. Moreover, the name change will align the company with its core business as a retail gasoline station consolidator and clearly define its goals within the investment community, the statement said.
Petroleum Consolidators of America, Inc. is a development stage company focusing on land acquisition, ownership and operations of a portfolio of retail gasoline stations. The businesses being acquired will include convenience stores that offer a broad selection of merchandise and ancillary products and services including car care products, tobacco, beer, soft drinks, self-service fast food and beverages, publications, dairy products, groceries, health and beauty aids, money orders and other services.