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I get it
But we need to break this .005 to .008 range
Let’s just close above .008 then we can talk penny talk
He keeps inching up his bid .007 now
14m shares on the bid at .0066
Lol you want answer where I was wrong but ok
The only one wrong to this point is you
"Glad to be wrong"? Good, cause you're wrong.
By the way we were not the ones spouting a 1.5 price range when FC closed or even a penny
Yea yea
Coach USA 8.976000
Think about it how are they going to finance any large company?
Banks are out of the question
I will be glad to be wrong
All they are doing is taking up what profits they may of had an turning it into payroll
Took me awhile to change my opinion just taking you longer
Your so wrong
Multiple acquisitions in our horizon.
TLSS = Coach USA 2.0
So I wasn’t wrong
Thanks
Just want more acquisitions and a steady uptrend
Nothing you say matters
More news and more uptrend is ALL that matters
Go listen to the conference call by Sebastian...he explains it perfectly
Where am I wrong ? Please explain
Yea that would be great but not what pumpers were saying
Don’t shoot the messenger
Wow you are sooo wrong
I like to see this close near or over a Penny by friday
Todays close will tell the story !!!!!
Not what you say !!!!
History has caught up with them
Interest of 10 percent proves no bank would fund them
this should be going to da-moon right now. But in a couple of my other pennies with big news lately, it did do just that but pulled all the way back which is certainly not something we want. We may need a bit more time but the big buyers should be coming in, not sure why they wouldnt want to get a jump on it.
To many bridges burned
Can’t even get a decent price jump
The Freight Connections total purchase price was $9,365,000
Scam? LMAO
TLSS Closes the Acquisition of Freight Connections, Inc.
https://seekingalpha.com/pr/18945868-tlss-closes-acquisition-of-freight-connections-inc
TLSS Closes the Acquisition of Freight Connections, Inc.
Wow this is going to da-moon, we did it!!! Amazing absolutely amazing, worth the wait.
Anyone want to guess where we open at?
Acquisition Expected to Double Revenues and Bring Company Closer to Profitability
JUPITER, FL / ACCESSWIRE / September 20, 2022 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS" or the "Company"), a logistics service provider, announced today that on September 16, 2022, through its wholly-owned subsidiary, TLSS-FC, Inc. ("TLSSFC"), it closed on a stock purchase agreement ("SPA") by acquiring 100% of the outstanding stock of Freight Connections, Inc. ("FC") located in Ridgefield Park, New Jersey.
Sebastian Giordano, Chairman and Chief Executive Officer of TLSS, commented, "Freight Connections is a growing, profitable New Jersey-based business offering an array of transportation, warehousing, consolidating, distribution, and local cartage services throughout the tri-state area. Moreover, I am glad that its sole owner, Joseph Corbisiero, a seasoned operator, with over 30 years of industry experience, will be staying on as President and CEO of the FC subsidiary to continue growing the business even further."
The total purchase price was $9,365,000 plus closing adjustments and expenses of $536,139. The Company: (i) paid $1,501,291 in cash at closing; (ii) entered into a $4,544,671 secured promissory note with the Seller, with interest accruing at the rate of 5% per annum and then 10% per annum as of March 1, 2023. (The entire unpaid principal amount under the note, together with all accrued and unpaid interest thereon and all other amounts payable thereunder, shall be due and payable in one balloon payment on December 31, 2023, unless paid sooner. The promissory note is secured solely by the assets of Freight Connections.); and (iii) assumed $341,606 in debt. The Company shall issue to the Seller stock of the Company, with a value at Closing of $3,513,571 as follows: (a) shares of common stock of the Company equal to no more than 4.99% of the number of shares of common stock outstanding immediately after such issuance, and (b) promptly after closing, the balance of the shares in Series H Convertible Preferred Stock, a new series of non-voting, convertible preferred stock issuable to sellers in connection with acquisitions or strategic transactions approved by a majority of the directors of the Company.
https://www.otcmarkets.com/stock/TLSS/news/story?e&id=2328265
If/when BODs are buying, so should you. Just sayin!
Form 4 filed with SEC by a number of key people with TLSS. SHOWING SHARES ACQUIRED!
Something could definitely be up.
We do hope to hear great news soon. I am hopeful but in wait and see mode myself.
Thus far ive been told the chart dont matter, now valuations and market caps dont matter. Next up the fundamentals wont matter either. Absolutely delusional in every form with regards to this scam
I'm seeing a more attractive buy price on this one.
Market caps & valuations on penny stocks? Now that's funny.
Currently over valued by about 5-6x. Simple math can determine this. Market cap should be about $5 million, and thats being overly generous. They completely destroyed the share structure with staggering amounts of dilution. Just stating the facts
Yes call the IR guy now it’s all about 2023
I swear I can’t make this stuff up I just got off the phone with them
4049956671
Hit zero and whome ever pics up just ask your questions
Wrong.....where have I been wrong? The co went to pinks....the stock has cratered...the acquisitions have been shitty co's....so tell me, where was I wrong? Conversely, you stated deals would take the stock to 10 cents and 100's of mil in rev.
So the facts are certainly not on your side
Got 3 months left to do this
They can’t close a small deal
TLSS is a monster in the making. Coach 2.0
just asking for a friend has the 100 million revenue pumped about now a dead issue for 2022
I suggest on the next pop u sell and never look back. Pennyland is not for you.
I hope you are right but I have seen this story going on 2 years more maybe
This pay is very concerning with continuous dilution
When the stock starts moving UP please remind me how sad it was for buying in the .005s
The new hire justin grey jumped in this gravy train. Now his 4th job in 5 years and hes making $470k. Just staggering. The company doesnt make any money. They have to dilute all everyday just to pay these salaries. Sad that people keep averaging down. Very sad.
No but when I see .005s I like to keep adding.
What do you have like 100 million by now
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.005.........A MERE STOP ON THE WAY TO .0005
THERE IS THE 5 YOUVE BEEN PROMISING EVERYONE. WHAT..WAIT...SORRY, MY BAD.....ITS .005 NOT .05 ROTFLMAO.
BTW...FC DEAL IS GARBAGE!!!!! LIKLEY GOES LOWER WITH DILUTION
Weeeee weeeee weeeeeee
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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