Petro Rio S.A. HRTPF

the management HRT had sold after the reverse split

[Rzbern]

The share price of HRT plummeted 30% since the reverse split, but dear shareholders do you not find it very curious that the directors own had sold after the reverse split of shares, like as JGPetrochem?

The quantity sold by Mr. Milton Franke, as canadianinsider, will he still has some shares of HRT?

Curious sales of all these leaders precisely on the opening day of the first after-reverse stock split trading (aug / 04/2014)!



Filing Date/ Transaction Date/ Insider Name/ Ownership Type/ Securities Nature of transaction/ # or value acquired or disposed of Price

Aug 12/14 Aug 4/14 Davis, Martin Thomas Direct Ownership Options 37 - Stock split or consolidation -146,776

Aug 11/14 Aug 4/14 Takaki, Tikae Direct Ownership Common Shares 37 - Stock split or consolidation -104,985

Aug 11/14 Aug 4/14 Steers, William Direct Ownership Global Depositary Shares 37 - Stock split or consolidation -364,500

Aug 11/14 Aug 4/14 Pedrosa, José Carlos de Araujo Direct Ownership Options 37 - Stock split or consolidation -91,482

Aug 11/14 Aug 4/14 Pedrosa, José Carlos de Araujo Direct Ownership Common Shares 37 - Stock split or consolidation -15,000

Aug 11/14 Aug 4/14 Dourado, Ricardo Bottas Direct Ownership Options 37 - Stock split or consolidation -110,947

Aug 11/14 Aug 4/14 Dourado, Ricardo Bottas Direct Ownership Common Shares 37 - Stock split or consolidation -19,500

Aug 11/14 Aug 4/14 Franke, Milton Romeu Direct Ownership Options 37 - Stock split or consolidation -1,285,762

Aug 11/14 Aug 4/14 Franke, Milton Romeu Direct Ownership Common Shares 37 - Stock split or consolidation -658,732

Aug 11/14 Dec 12/13 Franke, Milton Romeu Direct Ownership Options 38 - Redemption, retraction, cancellation, repurchase -257,267

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