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Transportation And Logistics Systems Inc   (PTRA)
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Price: $5.3300 $-0.49 -8.419%
Day's High: $5.84 Week Perf: -6.82 %
Day's Low: $ 5.31 30 Day Perf: -7.14 %
Volume (M): 774 52 Wk High: $ 11.48
Volume (M$): $ 4,128 52 Wk Avg: $6.68
Open: $5.79 52 Wk Low: $4.26



 Market Capitalization (Millions $) 18,325
 Shares Outstanding (Millions) 3,438
 Employees -
 Revenues (TTM) (Millions $) 6
 Net Income (TTM) (Millions $) -5
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) -13

Transportation And Logistics Systems Inc

We are a development stage company that identified, evaluated and acquired oil and gas exploration and development opportunities primarily in the United States. As a result of the decline in the oil and gas markets, we are now seeking other strategic alternatives.

We were incorporated under the laws of the State of Nevada on July 25, 2008 as “Loran Connection Corp.” We were formed to provide a variety of services in the area of individual and group tourism and business support in Ukraine. We subsequently filed a resale registration statement with the Securities and Exchange Commission on May 28, 2009, which was declared effective on October 28, 2009. On January 25, 2012, we filed an amendment to our articles of incorporation to, among other things, change our name to “PetroTerra Corp.” and effect a thirty-two-for-one reverse split. We changed our name to reflect a proposed change in our business operations. On October 2, 2013, in connection with a change of control in the management of the Company, the Company began its current business operations in the oil and gas sector. On December 18, 2013, we filed a certificate of change to effect a one-for-two reverse stock split of our authorized and our outstanding shares of common stock and preferred stock. On April 12, 2014, we completed our acquisition of certain property leases (the “Leases”) held by Ardmore Investments Inc. (“Ardmore”) for property owned by Pioneer Oil and Gas (“Pioneer”) covering 5,905.54 acres of land located in the Central Utah Thrust Belt in Beaver County and Sevier County, Utah (the “Utah Properties”). Since January 2016, as a result of the decline in the oil and gas markets, we ceased investing in the Utah Properties and began seeking a strategic alternative both inside and outside of the oil and gas market.

Our principal executive offices are located at 422 East Vermijo Avenue, Suite 313, Colorado Springs, CO 80903. The telephone number at our principal executive offices is (719) 219-6404. Our web site is www.petroterracorp.com.



   Company Address: 5500 Military Trail Jupiter 33458 FL
   Company Phone Number: 764-1443   Stock Exchange / Ticker: PTRA
   PTRA is expected to report next financial results on March 13, 2023.


   

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