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I guess the Nasdaq has been ruled out. LMAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
According your posts you got filled many times well under 0.01. Was that a lie then?
So whos stupid here then? And once again, you didnt answer my question, now you claim you sold all your shares in 2021 and lied about adding 20 million shares? So you didnt hold 20 million shares then and just sat here and pumped a penny stock scam?
Wait a minute. So then you came on this forum and lied for years about adding all the way from 0.02 to 0.0002 while pumping this?Trying to get it straight. So you never added and held 20 million shares all the way down as this tanked? All were lies you said about adding all those millions and millions of shares?
So then you lied about all the times you added from 0.02 to 0.0002? You didnt have 20 million shares then?
Pink limited. No longer current. The end is near. Keep buying. LMAO
Its closing in on no bid. Its almost done officially. Expert market coming up next. LMAO!!!!!!!!
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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