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Common sense to me says whatever is happening is good.Company/stock was dead/Market expert and is currently Pink/current.
They raised over $300k from lenders to get current with their fins for a reason.
Bit more patience.
noon time only 13.00 worth of volume and the reason for that is because no shareholders will sell for .0001 only the company sells for .0001 while diluting common sense
It is common sense that they were diluting like crazy yesterday at .0001 by the volume compare today with yesterday
Debt is now settled. For anyone to take over and merge into this shell there has to be share restructuring....I expect that to also happen soon.
Now that the debt is settled, who's merging? 😁
someone is buying today on the road to .001 which also gets me even
30m x .0001 = $3k 😂
a lot of dilution today hope the money is spent well
No idea, nor do I care about that. I care about WHO will be merging.
just because the share count is steady does not mean that they are not diluting shares. Shares that were previously authorized to de diluted in the past and were not are still being diluted all the big volume days are dilution thoughts Jackpot ?
stop it with the dilution willya, the share count has been steady. yes these latest loans add to the value that must eventually be accounted for, but shares are not hitting the market.
You can't. Maybe it was a typo on your end BUT the lowest pps is .0001 for a Pink current stock.
You can see the difference only 27.00 worth of stock traded up to 2.:45 pm Does anyone know how many mores shares are avaiable to be diluted ?
Possibly back to the old way of doing business…
JMO
They really crashed the stock yesterday by diluting it. Does anyone know how many shares are authorized / remaining to dilute ? hopefully they are using the funds wisely
i have 77,500,000 m they must be diluting today
I bet we get news SOON....IMO
Whatever is happening now, the lowest it can go is .0001
49 m came in they must be diluting
15m just came in 60m to go
Reverse Merger coming. IMO
Any news here? Why bullish all of a sudden?
Someone else got'em instead. Keep it @ .0002
This is a good sign for shareholders isn't it ?
No I did not and I am concerned out ok 75 mil i have only got 250k in 6 trading days
You must have got some 2's today, right?
no theyre not in dilution mode, just taking out the loans that are needed (which ultimately is dilution in some form)
I decided to re enter with 15k 75m shares at .0002 5 trading days only got 250,000 shares are they still diluting ? I figured if they were i might get filled ????
Tommy, you're still here? 😂 I'll put it this way......Too much time & $$$ invested in TLSS to fail. Merc has over $2m of his own money in the company, along with friends & family owning shares at very high prices.This will either go back to .0001 or break .001IMO
Copied From Yahoo Finance Transportation and Logistics Systems, Inc. (TLSS) appears defunct, but recent filings suggest behind-the-scenes restructuring. Former CEO John Mercadante, despite past failure, may be quietly orchestrating a comeback or reverse merger. The creation of Series J Preferred Shares and amended bylaws hint at preparations for control transfer. With no operations but continued trading, TLSS fits the profile of a speculative shell in motion. If confirmed, it could trigger a classic OTC narrative run — high risk, high reward.
Only thing that makes sense at this point is a Reverse Merger. With whom.... that's the million dollar question...🤑
well there you go, they are now fully up to date, and undoubtedly will remain as such.
So the next question, what is up their sleeves and how do we benefit. Cant imagine it will be months, it could be, but Id like to see something in the next 30 - 45 days
right there is no other possibility really, they know something
Lending institutions must know something that we don't for them to keep lending $$$.
another 8-k related to financing filings and other expenses. Something is happening. The question is how will it benefit us and when.
https://www.otcmarkets.com/filing/html?id=18441052&guid=TSV-kH4MwJO_B3h
Ride it out till the end. Risk out weights any exit. 👀👀
love it, i only bought an extra 3M at .0001 but ill take it. Are we exiting around .0007 or waiting for the news?
JUPITER, FL / ACCESSWIRE / March 25, 2021 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS)("TLSS", or the "Company"), an eCommerce fulfillment service provider, today announced that on March 24, 2021, the Company acquired all of the outstanding stock of Cougar Express, Inc., a New York-based full-service logistics provider specializing in pickup, warehousing and delivery services in the tri-state area over the past 30 years ("Cougar Express"). Cougar Express' annual revenues have averaged approximately $4.0 million a year from 2018 to 2020. Acquired on a debt-free basis, the purchase price was $2,000,000 of cash and a promissory note of $350,000 ("Cougar Acquisition").
According to Mr. John Mercadante, TLSS Chairman and CEO, "The overwhelming success of our restructuring efforts has paved the way for the Company to begin its revamped acquisition and growth strategy. On the heels of the recent acquisition of the operations of Double D Trucking, the closing of the Cougar Acquisition brings on board another long-established, well-run, profitable business."
In addition, the Company closed an equity financing that provided gross proceeds of $2,300,000, the majority of which was utilized to fund the cash portion of the Cougar Acquisition. Under the terms of a Securities Purchase Agreement, the Company issued to certain accredited investors in a private placement an aggregate of 197,044 units (the "Units") at a purchase price of $11.67 per Unit (including a 12.5% original issue discount), each consisting of one share of Series E Convertible Preferred Stock of the Company, par value $0.0001 per share ("Series E Shares"), and warrants to purchase 1,334 shares of common stock of the Company, par value $0.0001 per share ("Common Stock"), at an initial exercise price, subject to adjustment, of $0.01 per share.
About Transportation and Logistics Systems, Inc.
TLSS, through its wholly-owned operating subsidiaries, Shypdirect LLC, and Cougar Express, Inc. operates as a full-service logistics and transportation company.
For more information, visit the Company's website, www.tlss-inc.com.
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