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I would love to see a slow stead climb here moving forward I will buy another million if this takes place
Trying to stay bullish I really am
Nah you just keep buying more so i can when close to break even
Thanks
.006 we hit wow when did that happen I guess tomorrow we back in the .005’s ????
Time for jackpot to buy millions more
Like I said, SELL
10 percent wow
That’s a bad loan
Exactly what got them in trouble years ago
But when the bank want loan you money that’s what you get
The Company (TLSS) 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
Call the ceo and ask him he takes everyone’s calls
My guess is the dilution money
What money are they using to py for these acqusitions>>>> MONOPOLY DOLLARS!!!! LOL
We just had 2 acquisitions in 2 months...back to back (August & September). Looking forward to more updates from the company.
You must ? Take my bet
Think about it
If it takes that long to close this small of a deal or deals how long do you think it will for something to get them at 100 million
Come on man . Nothing wrong with keeping management an some investors honest
Are we better off than we were a year ago very much
But this to the moon attitude then when it doesn’t happen start grasping at straws because the prediction didn’t come true is silky . I saw plenty of people claiming 1.5 when all the dust settled after this acquisition
NB for one . Yea
The tides will change they always do am I happy with share prices obviously not but things change and change quick in penny land
How much are you willing to bet that not one of those come true by years end ?
And look at the response
Wow .
As CEO, it is incumbent upon me, with the support of the Board and an experienced management team, to create value in the Company through the execution of our business plan. I take that responsibility seriously and enthusiastically embrace the challenge. Real results are neither arbitrary or artificial, and I confidently stand by our ability to deliver the results that I outlined on day one. We believe that achieving those results will ultimately have a positive impact on the stock price.
The Board and management remain highly optimistic about the Company's ability to meet its core objectives for 2022, especially now that we have begun closing on acquisitions. While we continue to work on multiple initiatives, we will update you, as deals progress, and/or as required by formal disclosure.
The year's goals are to:
achieve a run rate $100 million in revenue;
become profitable;
increase shareholder value.
FC is projected to make 10 million this year from 8 million last year
that we now own !!!!!
JFK Cartage...With annual revenues of $3.6 million in 2021 and approximately $2.0 million for the first six months of 2022, JFK Cartage operates from a 30,000 square foot warehouse.
Freight Connections is a growing, profitable New Jersey-based business. With annual revenues of $8.0 million in 2021 and approximately $4.7 million for the first six months of 2022, Freight Connections currently operates with 30 power units and 50 trailers, including dry vans, pups, flatbeds, step decks, and double drop trailers out of three buildings in the area with 200,000 square feet of warehouse and cross dock space,
They make no money? Go read JFK Cartage & Freight Connections acquisitions before posting BS.
It is a lot but it’s not 10 billion
And next acquisition will be all profit for them
This last acquisition (yesterday) broke us even at least now we can pay the bills
I’m assuming a LOI (for next acquisition) will be coming over the next few weeks
ROTFLMFAO......3.3bl are alot of shares,a lot !!!! They make no money,it will increase
Let’s be clear it’s 10 billion authorized
The outstanding is 3.3 billion
Not 10 billion
I agree somewhat but the 10 billion has been known
Pumpers like the ones on REDDIT just can’t move the needle anymore . That an a mouth overload by management once again
They have built a DILUTION MACHINE. AS raised to 10 Billion common shares. Huge volume on news with little PPS movement. Classic dilution scam.
TLSS... future NASDAQ company/stock...next year
My bet is another acquisition in the 4th Q
$30m debt to soon show profitability. Show me another penny play that can say that.
Classic dilution scam game has big news release that causes big volume but only a modest PPS move because the diluters are dumping into the bigg news.
Chapter 3 in The Pennyscammers Playbook (2nd Ed.).
TLSS = Dilution Scam.
Nothing more that that. Pennyturd - run-of-DaMill dilution swindle here.
That is all TLSS is or is meant to be.
Holy-moley AS is now 10 Billion common shares. Nosebleed level.
two of my plays DTGI and BERI both spiked on news and came right back down to where they started, so how would you have liked that for TLSS? Maybe you would like it to be able to take some profits and if so fair enough, but just saying, stock runs have not been sticking like they should even with significant news. Hopefully we break that trend here.
I’m holding tight
I know what I own. I also have patience. They are building a real company with revenues & profits. The price will eventually catch UP.
So being back to where we were last week before todays amazing news is good to you ?
Keep in mind we were higher a few weeks back before todays acquisition news
Not being negative keeping it 100
Those 200% penny days in 1 trading day are far & few, if any. Patience will pay here, whether you believe me or not. TLSS had $30m debt and by acquiring FC we'll be close to hitting profitability. Next acquisition takes us over the hump. IMO
lol we should of been up 200% today with todays news
Your correct 5 billion is fully diluted
However
The 10 billion is fully authorized not that it matters
just saying
It’s 10 billion not 5 billion
Authorized Shares
10,000,000,000
09/01/2022
https://www.otcmarkets.com/stock/TLSS/security
fully diluted, before this FC acquisition, I think its 5 billion, its already baked in, we know all of this already, there is nothing to say. Staring at the otcmarkets.com share structure screen doesnt do you any good and its not even relevant based on what we already know.
We need to focus on the business, that's it, and the business is moving forward. I want to see the next acquisition completed soon, not in three months.
I’m a long investor with 7 million shares
All I’m saying is
2.9 billion 6 months ago now 3.5 billion just saying
these people are not stupid, it is what it is. they are doing the very best they can, there will be dilution, so what, it exists on all of these stocks, its a give and take, just leave it be will ya.
They need to get a chock hold
On this dilution
Found this on google:
https://olthuisfuneralhome.com/tribute/details/3970/Joseph-Corbisiero/obituary.html
The Freight Connection's owner had a son (and partner) who died in a motorcycle accident a few years ago, very very sad. But father has been able to keep things going. Wow.
look man they are doing the very best that they can, what more can we ask for. let it play out, there is 100% no Q in my mind they are trying their best to make this successful. Not there yet but getting there by the month.
No mention of the bottom line of course???? Another bleeder rendering more dilution
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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