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WORLD LOGISTICS SERVICES, INC. (WLSV.PK)
Key points
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COMPANY INFO
- WLSV - World Logistics Services, Inc. (a Delaware corporation)
- Ticker: WLSV (PINKSHEETS NO INFORMATION)
- 15-12G filed with the SEC on June 10, 2008
World Logistics Services, Inc. was founded in 2005 and is helping great companies discover, manage and execute their most effective global supply chain strategies. We exist to add real, measurable value throughout our customers' fulfillment process- the accent is on customers. Our team, technology and value added solutions allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships and information systems. Our organization is composed of several complimentary services offering including world class technology, warehousing and distribution, and specialized transportation and logistics services.
- COMPANY INFO ON PINKSHEETS: http://www.otcmarkets.com/stock/WLSV/company-info
- FILINGS ON PINKSHEETS: http://www.otcmarkets.com/stock/WLSV/financials
- WLSV on DELAWARE SOS:
· http://www.corp.delaware.gov/contact.shtml (Free live support)
· http://www.corp.delaware.gov/directweb.shtml (Web support)
- A/S (verified on September, 2011):
· 200 mln common shares
· 10 mln preferred shares
According to pinksheets.com, A/S was 250 mln on March 6, 2008, so management has decreased A/S to 200 mln.
- Last O/S (verified on June 20, 2008): 14,264,273
But we know that Mr. Berry and Mr. Brennan are the only officers and directors of World Logistics Services, Inc.; Mr. Berry's and Mr. Brennan's direct pecuniary interests in World Logistics Services, Inc.: 5% and 83% respectively, already on June 30, 2009.
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- Kevin Brennan, CEO (Chief Executive Officer, 58)
Mr. Brennan was a founder and CEO of XRG, Inc. He started XRG by reverse merging into a public shell five small private transportation companies with total annual revenues of over $40 million. He negotiated with a hedge fund in New York to invest $3.1 million to finance the acquisitions. When Mr. Brennan left XRG the stock was trading at a price greater than $1. Mr. Brennan was co-founder and Chief Financial Officer of a truckload carrier that grew to $60 million in revenue in four years, while achieving profitability from inception (Express America). He hired and directed a staff that developed the proprietary automated information systems that enabled the company to control and monitor over 100 divisions, which included both asset and non-asset based trucking companies. Mr. Brennan organized and designed the company's accounting systems so that within six months the company was able to be audited by a big eight public accounting firm. This enabled Mr. Brennan to begin negotiating with a number of major financial institutions to obtain a multimillion-dollar credit facility with the Bank of New England, as well as an equity investment with the bank's venture capital arm, New England Capital. He was responsible for negotiating the purchase and finance of over 100 tractors and trailers for the company. Mr. Brennan provided consulting services in the truckload transport industry, assisting companies in the acquisition of truckload carriers. He provided expertise in negotiating and valuing the transactions, conducting the necessary due diligence, and assisting in arranging financing for the transactions. He was involved in several successfully completed transactions throughout the Eastern United States. Mr. Brennan has over 10 years of public accounting experience, including auditing of public companies, and is licensed in Florida as a CPA. He attended Ohio University, and graduated with high honors from Robert Morris University, Pittsburgh, PA with a BSBA in Accounting.
- Larry Berry, COO (Chief Operating Officer, 64)
Mr. Berry was the founder and owner of Berry Consulting Group LLC (BCG). BCG specialized in the transportation industry. The company assisted clients in all facets of business development including consulting on mergers and acquisitions, developing Brokerage Platforms, and Logistic Services, and finally Agent Development. BCG had extensive experience in all of the above business development areas as well as significant operational experience. Mr. Berry worked as the Vice President for Business Development for XRG, Worldwide Freight, PTL, CRST Logistics, and PGT Trucking. Mr. Berry was one of the original founders of Landstar and helped to develop that company into the largest non-asset based public company. Mr. Berry attended Austin Peay University, and Western Kentucky University majoring in Business Administration.
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HEADLINES FOR WLSV (must read carefully):
World Logistics Services, Inc. (Pink Sheets: WLSV) announces it has entered into a new credit facility that will provide additional capital to WLSV for continued future growth. "This new facility provides us with the financial flexibility to support our strategic and tactical initiatives," stated Brad Lannom, the President of Federal Logistics, our wholly owned brokerage subsidiary, of WLSV. "In today's challenging credit market, WLSV's ability to secure credit is a testament to the strength of the Company's balance sheet and growth prospects."
About World Logistics Services, Inc.
WLSV is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation related services. WLSV provides the comprehensive services necessary to handle its customers shipping needs throughout the world. Cargo can be transported via air, land, or sea and can manage the shipment and/or receipt of cargo into or out of any location in the United States.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
For World Logistics Services, Inc.
C. Jones Consulting, Inc.
Joshua C. Mckee, 727-771-9500
josh@cjonesconsulting.com
Eastman Logistics, has signed a letter of intent to merge with World Logistics Services, Inc. (Pink Sheets: WLSV). The merger is scheduled to take place in early September 2008. Eastman is a non-asset based brokerage and logistics firm with over 10 million in annual revenues. They are headed by Reid and Jack Eastman who will remain with and manage the company. Eastman has a diverse customer base and a strong carrier following developed over the last 15 years. They utilize van, flatbed and container equipment. With the addition World Logistics Services, Inc expects net revenue to increase by at least 5 million in 2008 and a net revenue increase incrementally by at least 10 million in 2009; bringing total revenues to approximately 30 million in 2009.
About World Logistics Services, Inc.
WLSV is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation related services. WLSV provides the comprehensive services necessary to handle its customers shipping needs throughout the world. Cargo can be transported via air, land, or sea and can manage the shipment and/or receipt of cargo into or out of any location in the United States.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
For World Logistics Services, Inc., Tampa
C. Jones Consulting, Inc.
Joshua C. Mckee, 727-771-9500
josh@cjonesconsulting.com
World Logistics Services, Inc. (Pink Sheets:WLSV) has entered into a sales agreement with Intercon Systems, Inc., a leading brokerage and logistics transportation company. Intercon Systems, Inc. is an established customer oriented logistics company providing transportation solutions to their worldwide and diverse customer base since 1986. Brad Lannom, the President of Federal Logistics, says, "We have entered into our second sales agreement of the month, and we feel that Intercon Systems, Inc. is a great acquisition to our team."
The experienced staff of Intercon Systems, Inc. will allow World Logistics Services, Inc. to headquarter their brokerage operations, Federal Logistics, Inc., in Nashville, Tenn. World Logistics Services, Inc. will have access to the Intercon Systems staff and the many carriers presently under contract with Intercon Systems, Inc.; further allowing our agents to provide more equipment to their customers and thus increasing overall revenue levels.
With the new signed agreement, World Logistics Services, Inc. expects net revenue to increase by at least $6 million incrementally by the end of FYE 2009. World Logistics Services, Inc. also expects a net revenue increase incrementally by $9 million in FYE 2010.
About World Logistics Services Inc.
WLSV is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation related services. WLSV provides the comprehensive services necessary to handle its customers shipping needs throughout the world. Cargo can be transported via air, land, or sea and can manage the shipment and/or receipt of cargo into or out of any location in the United States.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
For World Logistics Services, Inc., Tampa
C. Jones Consulting, Inc.
Joshua C. Mckee, 727-771-9500
josh@cjonesconsulting.com
World Logistics Services, Inc. (Pink Sheets: WLSV) has entered into a sales agreement with Sho-Moves Transportation, Inc., a leading entertainment transportation company. Sho-Moves Transportation, Inc. is an established, ethical, client focused quality driven company providing cost effective transportation solutions to the live entertainment and touring show industry.
Sho-Moves Transportation, Inc. provides a service which ordinary trucking companies are unable to deliver. Our Clientele requires greater attention to detail and on time service. Sho-Moves Transportation, Inc. is continually working toward meeting our customers' expectations. In addition, Sho/Moves Inc., the parent company, has been involved in the transportation of some of the world's largest entertainment shows and tours.
The experienced staff and network of planners have coordinated entire tours from on-site services to the transportation of:
With the new agreement, World Logistics Services, Inc. expects net revenue to increase by at least 3 million dollars by the end of the year. World Logistics Services, Inc. also expects a net revenue to increase by 5 million dollars in FYE 2010. Brad Lannom, the President of Federal Logistics, our wholly owned brokerage subsidiary, says, "We are very excited about the acquisition of Sho-Moves Transportation, Inc. This is the next piece in our creation of a world wide, industry leading, logistics company."
About World Logistics Services, Inc.
WLSV is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation related services. WLSV provides the comprehensive services necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, land, or sea and can manage the shipment and/or receipt of cargo into or out of any location in the United States.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
World Logistics Services, Inc., Tampa
C. Jones Consulting, Inc.
Joshua C. Mckee, 727-771-9500
josh@cjonesconsulting.com
World Logistics Services (Pink Sheets:WLSV) World Logistics Services Inc. announces the acquisition of a new freight agent located in California, to join its wholly owned freight brokerage subsidiary Federal Logistics, Inc. The new California agent is expected to generate over a million dollars in new revenue for the company, and we anticipate that it will contribute $200,000 in gross profit annually.
James "Brad" Lannom, the President, of Federal Logistics
Inc., and formerly an executive with "Landstar" states, "Troy Breedlove has joined Federal Logistics Inc. as an agent. Mr. Breedlove is located in central California. Mr. Breedlove began his agent career as an agent for Landstar. He has handled accounts such as Staples, Coca Cola, and many others. While at Staples, and Coca Cola Mr. Breedlove was responsible for the multi-facility, multi-product control of the company. He has the experience to see the company from a global level, and ensure the flow of materials from one end of the chain to the other. We look forward in handling Mr. Breedlove's business, and are pleased that someone of Mr. Breedlove's experience shares the vision. The vision of making Federal Logistics the industry leader in Logistics services."
About World Logistics Services Inc.
WLSV is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation related services. WLSV provides the comprehensive services necessary to handle its customers shipping needs throughout the world. Cargo can be transported via air, land, or sea and can manage the shipment and/or receipt of cargo into or out of any location in the United States.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
For World Logistics Services, Inc., Tampa
C. Jones Consulting, Inc.
Joshua C. Mckee, 727-771-9500
josh@cjonesconsulting
World Logistics Services (Pink Sheets: WLSV), as the first step in refocusing on the company's original business model, which was "To build a full service supply chain logistics company that will be profitable and experience dramatic growth through this new year," announces the appointment of Pushpinder S. Virk as the President of its new subsidiary, Logistics Software, Inc. "Bobby," as he likes to be called, graduated from DeVry University in 2002 with a Bachelor's degree in Computer Information Systems with honors. He has many years of experience both in programming and in managing the software business.
Mr. Virk is personally overseeing the re-development of the infrastructure of the software division, and is working to provide both our current customers and prospective new customers the most efficient, reliable, and easy-to-use Transportation Management System through staffing and new products. Through Mr. Virk's leadership, the company is not only introducing new products, but is enhancing the software that has been driving the industry for over 30 years. The new products will simplify the processes of all major transportation software providers, integrating with well known and tested third party software, including accounting and mapping tools, to better suit our customers business needs. Web access to customer data and tracking will also be provided to insure that their operations are up to date with shipments and statuses. Mr. Virk sums up LSI's mission statement by saying that,"The vision of the future is quite simple, getting the most out of your software with ease of use and peace of mind."
Mr. Virk has already dramatically impacted the financial operations of WLSV by cutting significant overhead and strengthening customer relationships. Every month since inception, the company has been profitable and is adding new customers, thereby growing revenue.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
For World Logistics Services, Inc.
C. Jones Consulting, Inc.
C. Jones (AJ), 727-771-9500
cjones@cjonesconsulting.com
World Logistics Services Inc. (Pink Sheets: WLSV) is pleased to announce it has filed the required Pink Sheet OTCIQ service agreement to become a fully reporting Pink Sheets company. World Logistics Services, Inc., has recently updated its profile on Pink Sheets and upon acceptance of application will file its financial information.
World Logistics Services, Inc (WLSV) new vision is to become a world wide, full service, supply chain logistics company. WLSV currently operates a profitable transportation management software company, Logistics Software, Inc., a wholly owned subsidiary. WLSV has recently established, Logistics Distribution and Warehousing, Inc.(LDW) a wholly owned subsidiary to supply its customers with inventory management services. LDW will start this week its wholly owned subsidiary, Federal Logistics, Inc., to provide customers transportation management services. These entities along with future acquisitions will provide the building blocks for an international full service supply chain logistics company able to provide a complete array of services already being demanded by major international customers.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
For World Logistics Services Inc.
C. Jones Consulting, Inc.
727-771-9500
cjones@cjonesconsulting.com
World Logistics Services (Pink Sheets:WLSV) in an effort to regain its focus on the company's original business model, which was "To build a full service supply chain logistics company that will be profitable and experience dramatic growth through this new year" announces its new name and symbol, World Logistics Services Inc., WLSV. The most significant change was the sale of its wholly owned subsidiary, Order Logistics of Illinois and the Solve (IT)2 platform. This transaction eliminated company debt, (approximately $3,000,000), and removed over $500,000 in annual administrative salaries. The company feels that through current operations, and the development of a new warehousing and intermodal subsidiary, the company will generate a positive cash flow for the first time in its history. The changes will not only immediately make World Logistics Services, Inc., WLSV, profitable but set the building blocks for an international full service supply chain logistics company able to provide a complete array of services already being demanded by major international customers.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, the potential for additional customer growth from acquired operations and additional opportunities for growth. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives, and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by World Logistics Services, Inc.
Contacts:
For World Logistics Services, Inc., Tampa
C. Jones Consulting, Inc.
Ezra Smith, 727-771-9500
cjones@cjonesconsulting.com
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