OOO Novgorod Group agreed to acquire Protect Pharmaceutical Corporation (OTCPK:PRTT) on September 15, 2020. Under the agreed terms, Novgorod will acquire control of Protect Pharmaceutical Corp upon completion of the transition of Novgorod’s reporting to GAAP accounting standards. Protect Pharmaceutical Corp will continue to operate as a public company and the eventual resulting combined company will continue to trade under the symbol PRTT. OOO Novgorod Group canceled the acquisition of Protect Pharmaceutical Corporation (OTCPK:PRTT) on January 26, 2021. On January 26, 2021 Protect Pharmaceutical Corporation entered into an alternate merger agreement with PUMA because of Novgorod’s inability to achieve the GAAP reporting standards within reasonable time.