Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I bought a small position thinking it was a pullback of sorts.
Unfortunately, it looks like potential shareholders were lied to.
I am referring to the multiple filings that suggest a R/S was completed and that less than 1 million shares were outstanding.
Of course, this may bounce if the updated total is still less than 110 Million shares, but it still feels wrong that there were multiple filings completed suggesting that only 1 Millions shares existed.
I've held this for 2 years and saw the filings but have yet to see a change in my shares very odd
Do you think it is misleading that the filings have indicated a 30 to 1 Reverse Split and yet it appears that has not happened?
Saw that....and it all looks great! Nice volume and pps increase. Watching here for a continued move back up.
$PTRA
If what I wrote is true, I think it would be prudent to reverse all of today's trades.
We are not talking about a single filing.
There are multiple filings that suggest the O/S was split down to under 1 Million shares. I don't think this is the case.
Sadly, the trading suggests that the O/S isn't under 1 Million either.
At this point in time, I am unsure of the status of the Reverse Split.
How can a company say they will do a Reverse Split and make filings as if they did a Reverse Split and yet it appears that from the NVSOS filings, they actually did not do one?
If they did, the NVSOS would show the old A/S and then the split adjusted A/S.
The PTRA Stock Split entry says stock split and yet does not indicate a change in the A/S.
Well, at least I think I know why the stock has cratered from the $0.11 high.
People bought in thinking the O/S was less than 1 Million shares.
Correction.
I am unsure of whether the stock split occurred, does anyone know either way?
Check the liabilities from the latest 10Q. Absolutely none.
if so, where did KCG get share from
Just checked the filing, it appears they don't have any convertibles on the book?
Well, 115 Million is quite different than less than 1 Million.
Just spoke with the CEO. He said 1.2M in the float, 115M outstanding. He will be updating the OTCMarkets.com later. This is day one of what he considers to be a scalable business with tremendous upside. For what it's worth... GLTA
Lot of folks talking themselves out of a solid long term play. GLTA
PTRA 100% Gain on 1.5 Million Shares Traded for a Pink is a great day instead of 100's of Millions of Shares having to change hands lol
Why a trader loves those bloated pig Pinks will continue to be a Mystery to me.
Strange that there is no toxic guy on the ask that I see. MAXM came in earlier and whacked into the bid like an animal.
Yes the O/S is higher by now that's clear.
it's pretty clear that OS IS MUCH MORE THAN 900k
The AS INCREASE TELLS ME KCG HAD MORE
KCG only had 127k shares 3 weeks ago. Shouldn't really be a hold up I think. This got to be at 50 cents easily with this merger.
That's typical when KCG is involved
Seems like too many shares are available for some reason.
Bids getting wacked when they show up doesn't help.
7M in Revenue, divided by 1M shares outstanding x a S&P avg P/S of 2 = $14.00 eventually. Good buy and hold play. GLTY
Lots of volume today.
Past volume suggests that the stock isn't widely held.
Obviously there is some overhang, let's see if this can break and hold a bid over $0.10 before talking about $1
If that share count is accurate, this is a 14 dollar stock in the making!
PTRA Merger News- Incoming entity doing 7mil yr, current mrkt cap only 40k
PTRA Security Details
Share Structure
Market Value1 $28,324 a/o Apr 03, 2017
Authorized Shares 40,000,000 a/o Jul 01, 2015
Outstanding Shares 944,120 a/o Feb 14, 2017
PetroTerra to Merge with Save on Transport GlobeNewswire "Press Releases"
WEST PALM BEACH, Fla. , April 04, 2017 (GLOBE NEWSWIRE) -- PetroTerra Corp. (PTRA or the Company) (OTC:PTRA), announced today that it has executed a Share Exchange Agreement (the Share Exchange Agreement) with Save on Transport Inc. , a Florida corporation (Save on Transport), pursuant to which Save on Transport became a wholly-owned subsidiary of ours (the Reverse Merger). In the Reverse Merger, we purchased all of the issued and outstanding common stock of Save on Transport from Steven Yariv . In connection with the Reverse Merger, Steven Yariv was appointed Chief Executive Officer and elected as the Chairman of our Board of Directors.
Save on Transport is a Florida based non-asset provider of integrated transportation management solutions, providing brokerage and logistics services such as transportation scheduling, routing and other value added services related to the transportation of automobiles and other freight. Annual gross revenues for the merged entity is expected to exceed $7 Million annually.
About PetroTerra Corp.
PetroTerra Corp. operates through its wholly owned subsidiary, Save on Transport Inc. , as a Florida based non-asset provider of integrated transportation management solutions. We provide brokerage and logistics services such as transportation scheduling, routing and other value added services related to the transportation of automobiles and other freight, which involve the use of independent contractor-owned trucks and equipment.
Forward-looking statements:
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission . Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.
Contact: Investor Relations (561) 672-7068
Source: PetroTerra Corp
Nope, all I know is that the PTRA Float after the RS is supposedly under 1 Million per last full filing in 2017.
Does anyone know what's going on with PTRA? There's just a change of ownership and a trail of filings. Any ideas?
I don't think so. I wonder why the country has more oil then we can use. maybe they are drilling in an area that only has water??
Any sign of these guys striking oil yet? Still waiting for the great leap forward
nice "W" forming with increased volume today
$PTRA Technical Analysis
http://www.barchart.com/technicals/stocks/PTRA
$PTRA Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=PTRA
Last time this got volume it hit almost $2
$PTRA looks like .10 break on its way
Let's start making these shorts cover
Strong support in the .10's bottom in next week we move up imo
JUPITER, FL / ACCESSWIRE / March 25, 2021 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS)("TLSS", or the "Company"), an eCommerce fulfillment service provider, today announced that on March 24, 2021, the Company acquired all of the outstanding stock of Cougar Express, Inc., a New York-based full-service logistics provider specializing in pickup, warehousing and delivery services in the tri-state area over the past 30 years ("Cougar Express"). Cougar Express' annual revenues have averaged approximately $4.0 million a year from 2018 to 2020. Acquired on a debt-free basis, the purchase price was $2,000,000 of cash and a promissory note of $350,000 ("Cougar Acquisition").
According to Mr. John Mercadante, TLSS Chairman and CEO, "The overwhelming success of our restructuring efforts has paved the way for the Company to begin its revamped acquisition and growth strategy. On the heels of the recent acquisition of the operations of Double D Trucking, the closing of the Cougar Acquisition brings on board another long-established, well-run, profitable business."
In addition, the Company closed an equity financing that provided gross proceeds of $2,300,000, the majority of which was utilized to fund the cash portion of the Cougar Acquisition. Under the terms of a Securities Purchase Agreement, the Company issued to certain accredited investors in a private placement an aggregate of 197,044 units (the "Units") at a purchase price of $11.67 per Unit (including a 12.5% original issue discount), each consisting of one share of Series E Convertible Preferred Stock of the Company, par value $0.0001 per share ("Series E Shares"), and warrants to purchase 1,334 shares of common stock of the Company, par value $0.0001 per share ("Common Stock"), at an initial exercise price, subject to adjustment, of $0.01 per share.
About Transportation and Logistics Systems, Inc.
TLSS, through its wholly-owned operating subsidiaries, Shypdirect LLC, and Cougar Express, Inc. operates as a full-service logistics and transportation company.
For more information, visit the Company's website, www.tlss-inc.com.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |