SEC FORM 3/A

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Traios Christos P

(Last)

(First)

(Middle)

10 SP TRIKOUPI STREET

5TH FLOOR

(Street)

PIRAEUS

18538

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/12/2017

3. Issuer Name and Ticker or Trading Symbol
Petrogress, Inc. [ PGAS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO and CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)
10/19/2017

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001	115,000,000	D
Series A Preferred Stock, par value $0.001	100	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock Purchase Warrant	07/03/2017	07/03/2022	Common Stock, par value $0.001	15,000,000	$0.05	D
Revolving Line of Credit Note	07/13/2017	07/13/2018	Common Stock, par value $0.001	⁽¹⁾	$0.001	D
8% Convertible Promissory Note⁽²⁾	05/12/2017	⁽³⁾	Common Stock, par value $0.001	139,880,000	$0.001	D

Explanation of Responses:

1. On July 13, 2017 Petrogress, Inc. issued a $1,000,000 Revolving Line of Credit Note ("LOC Note") in favor of the Reporting Person. The LOC Note bears interest payable on the outstanding principal at a rate of eight percent (8%) per annum. The Reporting Person may demand payment of any or all of the interest due on the LOC Note principal amount by delivery of a number of shares of Common Stock converted at a rate of $0.001 per share.

2. This Form 3 is being amended to disclose an 8% Convertible Promissory Note in the principal amount of $134,600 dated May 12, 2017.

3. The note matured on November 12, 2017

	/s/ Christos P. Traios	10/12/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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