Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
November 15 2016 - 2:08PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
(Check
One):
|
[ ]
Form 10-K [ ] Form 20-F [ ]
Form 11-K [X] Form 10-Q [ ]
Form N-SAR
[ ]
Form N-CSR
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For
Period Ended:
September 30, 2016
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|
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[ ] Transition
Report on Form 10-K
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[ ] Transition
Report on Form 20-F
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[ ] Transition
Report on Form 11-K
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[ ] Transition
Report on Form 10-Q
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[ ] Transition
Report on Form N-SAR
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For
the Transition Period Ended: ________________________
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Read
Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing
in this form shall be construed to imply that the Commission has verified any information contained herein.
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If
the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:
PART
I — REGISTRANT INFORMATION
PETROTERRA
CORP.
Full
name of registrant:
Former
name if applicable:
422
East Vermijo Avenue, Suite 313
Address
of principal executive office (Street and number):
Colorado
Springs, Colorado 80903
City,
state and zip code
PART
II — RULES 12b-25(b) AND (c)
If
the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if appropriate.)
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(a)
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The
reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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[X]
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(b)
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The
subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof,
will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or
transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed
due date; and
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(c)
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The
accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART
III — NARRATIVE
State
below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
PetroTerra
Corp. (the “Company”) was unable to file its Quarterly Report on Form 10-Q (“Form 10-Q”) for the period
ended September 30, 2016 on a timely basis. It instructed its EDGAR agent to file the Form 10-Q on the afternoon of November
14, 2016, the due date for the Form 10-Q. The EDGAR agent advised the Company that the sec.gov EDGAR filing system experienced
major technical issues on November 14, 2016 resulting in timed out filings submitted and the inability to receive notices or acceptances
for many companies, including the Company. The Company anticipates that it will file the Form 10-Q no later than the fifth calendar
day following the prescribed filing date.
PART
IV — OTHER INFORMATION
(1)
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Name
and telephone number of person to contact in regard to this notification
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John
Barton
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(719)
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219-6404
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(Name)
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(Area
Code)
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(Telephone
Number)
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(2)
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Have
all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required
to file such report(s) been filed? If the answer is no, identify report(s).
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[X]
Yes [ ] No
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(3)
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Is
it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in the subject report or portion thereof?
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[ ]
Yes [X] No
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If
so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
PETROTERRA
CORP.
(Name
of Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date:
November 15, 2016
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By:
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/s/
John Barton
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John
Barton
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President,
Chief Executive Officer and Chief Financial Officer
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INSTRUCTION.
The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and
title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of
the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority
to sign on behalf of the registrant shall be filed with the form.
ATTENTION
Intentional
misstatements or omissions of fact constitute Federal criminal violations. (See 18 U.S.C. 1001).
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