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One way to avoid RS is buying shares back.
But that also means they have to let the dilution play out and share conversions of the loans complete and focus on profitability.
Nobody knows when the dilution will be complete but IMO, either the conversions are almost complete or the price is too low that people are not willing to convert. I think we are seeing that now with drop in volume.
I think with the increased shipping volume and upcoming holidays, the numbers should be good. They will also announce new client(s) soon IMO.
Volume is dropping
I see this as a good sign
Dilution has slowed
Charts indicate we are close to bottom
RSI oversold
Any good news will trigger LIFTOFF
This is being driven to the ground by dilution, shorts, and radio silence from management. People who say this is only dilution is wrong IMO.
OTC is feeding ground for shorts looking to take advantage.
Stock is way way oversold at this price IMO but management's lack of news is the biggest contributor to the stock's movement.
PART of the reason why I invested in TLSS is the turnaround story.
I bought little too early but am holding as I believe the management to be credible and believe they will take necessary steps to reemerge the company from debt to profitability and to achieve financial stability.
If I wanted to invest in a "stable" stock, I would have bought a fortune 500 company stock. OTC is full of these sad stories but TLSS if managed well, has the potential to be a small cap Nasdaq listed company.
How many OTC companies do you know make revenues more than $30M a year.
Granted the revenue numbers are with Amazon as main client but the environment that TLSS is in right now with COVID induced environment where people are staying home and ordering products online and shipping volume at record high - I don't have any doubt TLSS will be able to find business to replace Amazon.
With radio silence, it feels like gloom and doom but the sun will shine again. This is the gloom before the boom.
CEO has been upfront about everything which is why I know he is credible
He has clearly stated the previous management ran this to company to ground and he is restructuring to turn the company around. They are working to be profitable and they achieve first step in the last 10-q when they announced EBITDA positive earnings. Yes they still have dilution due to debt conversion but this was to be expected.
Their radio silence is driving the stock price to ground but when they release any good news, this is easily skyrocketing IMO.
Management is fighting fires in many fronts and overall, John, Doug, and Sebastian are turning things around but WILL take time.
IMO, there are more good news to be had than bad and risk vs. reward favors the longs at this pricing point.
Does anyone know management's compensation structure
What is their salary and how much of the compensation is stock incentivized?
Filing a complain doesn't do squat.
You'll soon learn you will get nowhere.
I have filed a complaint with DECN and based on my experience I'm telling you this.
I disagree company should be valued at .5X revenue.
Companies that have close to no revenue is valued higher.
Little DD on other OTC stocks makes this plainly obvious.
Their market cap is $20M right now which is already about half of yearly revenue. This is cheap. Also other OTC stocks tend to have more shares outstanding.
If true, having less vehicles of their own, gives them more flexibility to adjust to market conditions without being stuck with an inventory of trucks but gives them the versatility to add more trucks as needed to adjust to market demand. If John is smart, he will structure the agreements and terms and conditions that provides stability to their business.
At this point, no but it's just my opinion.
My price is higher and I'm down a lot too but holding.
It hurts watching this bleed everyday but I plan on holding this for a while.
IMO shorts are taking advantage of lack of news and company's silence
At this price, the stock is cheap with their total market cap at less than their 1 year revenue. I do see good news eventually.
They are half million EBITDA positive in their last quarter.
FedEx and increased holiday volume especially with more shopping happening with more people staying home due to COVID, I expect good things in the next 3 to 6 months.
There are shorts...
There are lawsuits...
There is "radio silence"...
There is Fed Ex...
There is uplist...
There is RESTRUCTURING...
There are plans for acquisitions...
The management is letting this stock hurl down the trashcan
Experienced management should know that in the absence of news, the shorts and debt conversion is going to drive the stock into the ground.
Many people touted highly of John and his management team but so far, results are lot to be desired.
Law suits or not, they need to give investors optimism and hope.
So far, I don't see much of either.
Very disappointed at the management.
The shorts are piling it on now.
They know the company will be radio silent because of the lawsuits.
Which means the FedEx news may not be disclosed anytime soon.
Basic rationalization
Their revenue is more than $30M a year.
The market cap is less than their one year revenue.
To me, stock price is cheap relative to the market cap.
Of course there are other factors in consideration to determine valuation such as number of shares float and outstanding.
For a company with more than $30M in revenue to be at 2 cent range is extremely cheap even at current OS. Debt conversion should be almost over.
Market cap is less than their 1 year revenue
Severely undervalued
Glad that Shorts are here
With any good news, it's like adding fuel on liftoff
They are very focused on cutting back on costs and paying off the debt.
They've said it was their first priority.
This is the pain before the gain.
Experienced investors know this.
With so much "bad news" baked in, we will be seeing a pop with any good news. Odds are in our favor.
What if the news is released that says FedEx is their partnership they were referring to. Then all of a sudden you see the stock price liftoff and we trend higher. Filing a complaint doesn't do a squat. I've done it with DECN and SEC didn't do a squat.
That was what I was thinking as well
Alive and well
Just matter of time before the news shorty!!!
Glad you are around. Without shorts, there will be less fuel for LIFTOFF when the new comes...
NEWS IMMINENT
Only a fool would sell or short the stock before upcoming news
Actually, once the news comes out, shorts will have to cover which will provide fuel to the reversal ascent
YES NEW PARTNERSHIPS!!!!!!!!!!!!!!!!!!!!!!!!!
Management already said they will be disclosing the new partnerships once it is finalized and at appropriate time
YES UPLIST!!!!!!!!!!!!!!!!!!!
Management already said so.
I believe the management over someone that says TIMBER multiple times on daily basis
NEW PARTNERSHIP NEWS COMING SOON
UPLIST COMING ANYDAY NOW
Only a fool will be selling or shorting the stock before imminent news
IT'S CALLED RESTRUCTURING
Previous management drove this company to the ground.
John and his management team is turning this company around.
It does not happen overnight
Walmart is currently using FedEx. Actually FedEx could be the undisclosed secret client. Management said it was a household name in shipping.
Walmart may be the undisclosed household name client management was referring to.
Walmart Plus will definitely result in higher delivery volumes for Walmart which will necessitate additional logistical support TLSS can provide and benefit from.
C'mon John, let's hear it!!!!
Any Day Now
LIFTOFF!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Soon. Very soon.
SELLING OVERDONE
Walmart's $98-a-year Amazon Prime rival launches September 15th
Walmart Plus to compete against Amazon Prime
https://www.yahoo.com/finance/news/walmart-plus-september-15th-101039513.html
DAYS OF SHORTS ARE NUMBERED
Time for Shorts to Cover is Only Matter of Time
Only a fool would be short at this price with impending news of uplist and deal with their new household client
Probably either short or looking for low price entry point based on the amount of time he is investing on this board.
This is why I believe we are at or near the bottom
Most of bad news has been baked into the price and we are left looking forward to more positive news upcoming.
Risk vs. Reward favors the buyers.
As an investor, I do search for news on TLSS and I came across this post which I thought was very helpful/insightful.
Take it for what it's worth. It seems to be credible IMO.