Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
August 14 2017 - 5:12PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
(Check
One)
|
[ ]
Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ]Form
10-D [ ] Form N-SAR [ ] Form N-CSR
|
|
For
Period Ended:
June 30, 2017
|
|
[ ]
Transition Report on Form 10-K
|
|
[ ]
Transition Report on Form 20-F
|
|
[ ]
Transition Report on Form 11-K
|
|
[ ]
Transition Report on Form 10-Q
|
|
[ ]
Transition Report on Form N-SAR
|
|
For
the Transition Period Ended:
__________________________________
|
Nothing
in this form shall be construed to imply that the Commission has verified any information contained herein.
|
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
|
|
980
N Federal Highway, Suite 304
|
Address
of Principal Executive Office
(Street and Number)
|
|
Boca
Raton, Florida 33432
|
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)
|
(a)
|
The
reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
|
[X]
|
(b)
|
The
subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR,
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 subject distribution report on Form 10-D, or portion thereof, will
be filed on or before the fifth calendar day following the prescribed due date; and
|
|
(c)
|
The
accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
|
PART
III — NARRATIVE
State
below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
PetroTerra
Corp. (the “Registrant”) was unable, without unreasonable effort or expense, to file its Quarterly Report on Form
10-Q for the period ended June 30, 2017 (the “Quarterly Report”) within the prescribed time period due to a delay
experienced by the Registrant in completing its disclosures in the Quarterly Report. As previously disclosed in the Registrant’s
Quarterly Report on Form 10-Q filed on February, 14, 2017 for the quarterly period ended December 31, 2016, during the fourth
quarter of 2016, the Registrant effected a reverse stock split at a ratio of 1 for 30 (the “Reverse Stock Split”).
Due to further review of the Reverse Stock Split, despite diligent efforts, the Company has been unable to complete the preparation,
review and filing of its Quarterly Report within the prescribed time period without unreasonable effort and expense. The Company
anticipates filing its Quarterly Report within the extension period provided under Rule 12b-25.
This
notification includes forward looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as
amended. The word “anticipates” and similar terms and phrases are used in this notification to identify forward-looking
statements, including statements regarding the Registrant’s estimated timing for the filing of the Quarterly Report. Forward-looking
statements are subject to various known and unknown risks and uncertainties and the Registrant cautions you that any forward-looking
information provided by or on behalf of the Registrant is not a guarantee of future performance. The Registrant’s actual
results could differ materially from those anticipated by such forward-looking statements due to a number of factors, some of
which are beyond the Registrant’s control, including, but not limited to, the risk factors detailed from time to time in
reports filed by the Registrant with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date of this Notification of Late Filing on Form 12b-25. The Registrant
undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date
hereof.
PART
IV — OTHER INFORMATION
(1)
|
Name
and telephone number of person to contact in regard to this notification
|
Steven
Yariv
|
|
(561)
|
|
672-7068
|
(Name)
|
|
(Area
Code)
|
|
(Telephone
Number)
|
(2)
|
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? [X] Yes [ ] No
If
answer is no, identify report(s).
|
(3)
|
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? [ ] Yes
[X] No
|
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:
|
August
14, 2017
|
By:
|
/s/
Steven Yariv
|
|
|
|
Name:
Steven Yariv
|
|
|
|
Title:
Chief Executive Officer
|
Transportation and Logis... (PK) (USOTC:TLSS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Transportation and Logis... (PK) (USOTC:TLSS)
Historical Stock Chart
From Apr 2023 to Apr 2024