Our History

Petro U.S.A., Inc., was previously incorporated as “AllState Properties Holdings, Inc.” [ASPH] and was incorporated under the laws of the State of Nevada on April 24, 2008. All State Properties Holdings, Inc. was organized to serve as a vehicle to effect a merger, exchange of capital stock, asset acquisitions, or other business combination with domestic & foreign private businesses, seeking to go public. The company did not commence planned principal operations.

 

On November 10, 2020, the majority of the shareholders and Board of Directors of the Registrant approved a name change for the Registrant from “AllState Properties Holdings, Inc.” to “Petro U.S.A., Inc.” to reflect a change in the business structured as an operator of truck stops and travel centers in the United States, offering diesel fuel and gasoline, full service and fast-food restaurants, maintenance and repair service for trucks, and groceries and convenience goods, among other products and services.

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“AllState Properties Holdings, Inc.” [ASPH], was originally "All State Properties L.P.", a limited partnership which was organized under the Revised Uniform Limited Partnership Act of Delaware on April 27, 1984 to conduct the business formerly carried on by its predecesor corporation, "AllState Properties, Inc."