Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
August 14 2019 - 4:32PM
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
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For Period Ended:
June 30, 2019
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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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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
Transportation
and Logistics Systems, Inc.
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Full Name of Registrant
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PetroTerra
Corp.
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Former Name if
Applicable
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2833
Exchange Court, Suite A
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Address of Principal
Executive Office
(Street and Number)
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West
Palm Beach, Florida 33409
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City, State and
Zip Code
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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, 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
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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 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.
The
compilation, dissemination and review of the information required to be presented in the Form 10-Q for the relevant fiscal quarter
has imposed time constraints that have rendered timely filing of the Form 10-Q impracticable without undue hardship and expense
to the registrant. The registrant undertakes the responsibility to file such quarterly report no later than 5 days after its original
due 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
Mercadante
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(561)
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672-7068
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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? [X] Yes [ ] No
If
answer is no, identify report(s).
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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? [ ] 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.
Transportation
and Logistics Systems, Inc.
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(Name of Registrant
as Specified in Charter)
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has
caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date:
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August
14, 2019
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By:
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/s/
John Mercadante
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Name:
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John
Mercadante
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Title:
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Chief Executive
Officer
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