WEST PALM BEACH, Fla., April 04, 2017 -- 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


Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes
NYC Nurses Strike Shuts Down 10 Private Hospitals as 15,000 Demand Safer Staffing and Benefits
Merck Raises Growth Outlook, Targets $70 Billion Revenue From New Drugs by Mid-2030s
SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges
BlackRock to Cut Around 250 Jobs as CEO Larry Fink Pushes Strategic Shift
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities
Saks Global Files for Bankruptcy Protection Amid Mounting Luxury Retail Pressures
Viking Therapeutics Sees Growing Strategic Interest in $150 Billion Weight-Loss Drug Market
Rio Tinto–Glencore Talks Spark Pressure on BHP as Copper Fuels Mining Mega Deals
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China
Starlink Internet Remains Active in Iran Despite Nationwide Blackout
Netflix Plans All-Cash Bid for Warner Bros Discovery Studios Amid Intense Hollywood Takeover Battle
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive
AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration
Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules
BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 



