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Yes, there is a chance TLSS could fail due to the company's financial mismanagement. I guess it depends whether one is a half-glass or half-full person. I tend to be half-full on this company. Two main reasons, the sector and TLSS Management team.
Trading stocks is a risk. I appreciate when people are honest about what could happen, so thank you. John certainly has been. Read his last several reports. He is telling us what COULD happen if certain things do not take place. Plenty of possible bad news there.
Thus we have the dilemma. Do I put tons of money in something that could fail? Depends on your personal financial goals and risk level.
I like this company's chance for not only survival, but success.
Rumor says its DHL.
Any chance we dip into the .02’s this morning. Gun powder loaded and hoping for prices as low as possible.
Good luck everyone. The wait is almost over!
2nd "M" in successful investing:
"Moat: Your business has to have a strong moat or it won't be able to sustain long-term growth through all sorts of economic ups and downs."
I'm going to be quite honest here. While there are many who are optimistic that the economy is going to recover quickly, I am afraid I am not one of those. Politics aside, the Covid-19 crisis along with the government response to it has almost guaranteed a long, slow economic recovery. Some say it could be 3-5 years before we our economy fully recovers because Covid ain't going away any time soon. In fact, combine flu season with a Covid pandemic and inadequate testing, there are going to be a lot of people staying home in the next 6-12 months.
Ok, that's the bad news. I was watching a commercial this morning about investing in gold. "Hedge your portfolio by buying gold" they say. Sure, ok. No problem. I get it. The economy is shit and so take your money out of stocks that will get hit hard and put them in a safe haven - gold. Maybe Crypto.
While all the above is true, and many businesses that are going to fail because of the economic impact of Covid......watch it......
.... and here's the good news. We are in the exact business that Covid is bringing to the forefront. Home delivery!! Folks, I believe we will be making money is this economic downturn while other companies lose money.
I believe we are in the right company at the right time with the right leadership!
Dips are not for wimps, but opportunists.
I’m glad I didn’t bother to listen to the Bopsy Twins and sell Friday while waiting for the prophecy of .01 to happen.
A little birdie Told me someone here is very happy I’m over my cost average. I don’t know about you guys, but I’m so glad we have people here that care about each person’s personal financial success.
P.S. instead is selling, I loaded up at .02.
Not selling any of my shares...not until .05. Prepared and ready to buy more shares this week. I think .02 is bottom but I’m ok if it’s not.
What’s your confidence level that this drops to .01?
OTC pink update! “Transfer agent verified.”
Uplist approved!
UPS is my guess
I will add this: most people hate transparency when it's apparently "bad." I get it. It generally doesn't help the pps in the short run, and without a plan, it can be disastrous for a company. A lot of the PINK companies withhold negative news if they can to keep the price up. If you're a day trader, this is good.
Decide what this company is to you. Is it a day trade/flip opportunity? Or is this a mid to long-term investment opportunity?
I knew coming into this investment that the balance sheet was ugly. I got into this stock because I highly trust this management team and we are in a growing/needed sector right now. Even though I would have loved the pps to say in the .20's, being realistic I understand we will need a couple of good quarters to maintain a much higher support level. I believe we will get there, maybe a lot sooner than we think.
Transparency is important and before uplisting, TLSS has to explain (be transparent) about the consequences of losing Amazon and what is their potential plan. Obviously, there are still many unknowns, but if you somehow think that transparency is hurting this company, this is a requirement the higher we move up the market ladder so get used to it.
John has been head of a NASDAQ company. Most Pink stocks have unrealistic aspirations for the NASDAQ. This company is different. John is going to do it, at least that is what I believe and why I am long on this company.
Patience. You will be happy soon, I do believe.
This is not terrible news. It’s probably the last step in the uplisting process.
Transparency is important and this company is run by a man with a plan.
.06 is not a small increase...that’s more than double my money, lol.
I just bought cheaper shares today!!!!!
He’s cleaning house. Mazzola is the one who got us in this mess. Good riddance!
“The lawsuit is to recover damages for alleged breach of an alleged employment contract signed in 2018 when TLSS took over Prime. Mazolla was getting paid $750k, then John cut his salary to $300k, then $150k, then John fired him. Mazolla is no longer associated with TLSS.”
I’m going to go out on a limb and say we will have a green month.
Personally, I expect this to be at least .50 next year. I will have more than a comfortable retirement if/when that happens.
The dude who runs this company is smart, respected, and aggressive. If someone bought TLSS stock at $16 a share, I would have hoped they would have sold long ago, but other than those with a high cost average, anything under .10 is an absolute bargain, imo.
Smart CEO, growing sector....I see good things ahead.
I humbly disagree.
Do some DD.
Great time to get in IMO. I don’t see it going much lower. Catalysts coming very soon.
My average is .034 and I’m looking to buy more if hit goes under .025. It won’t be long before we get the uplist news, and then Q2 2 weeks later.
I’ll be buying more in the morning when my $ transfer. There are a lot of catalysts in the next month, folks.
This stock has great potential. Watch.
“If you think for a second that this stock isn’t going to turn around and bounce back like a coiled rattler you are only fooling yourself. Just about EVERYTHING in today’s society is being shipped. Not to mention the uplisting, the amazon replacement (even though amazon could renegotiate a contract) the new investors just from the uplisting, and an almost given that companies are trading pure debt for shares of this company even if its .10 cents you are crazy. I can tell you this much........ if I was a company being owed money I’d be damn sure I saw some figures and new some info before I’d trade it for stock of the unknown. Get your heads out of your bottom and realize this is going up. Probably sooner than most of you think.”
~ Travis, Yahoo Finance Group
The thing I love about this company is that they are honest and upfront. Their filings are among the most detailed of any OTC company I have seen. Most OTC companies over-promise and then under deliver. John's approach is to be transparent and surgical in his approach to turnaround this company. John's not overpromising anything. He knows he's got a real opportunity given the terrible circumstances we find ourselves in this country. He's got a real opportunity to take advantage of this mess and use it to his advantage to build an essential, thriving delivery business in a growing e-commerce world.
This is not an overnight process, but John has a plan. He did it with Coach USA (provable fact) and I believe he is doing the same with TLSS. We may never see the 3 year growth that Coach USA saw under John's leadership, but I have no doubt we are on our way back to the Nasdaq.
As I told someone a few days ago, we may not win in the long run. Any investment is a risk, particularly in the OTC, but if anyone cannot see that John has a plan and is currently executing it simply has either not done their Due Diligence or they have ulterior motives.
I like what I see. Q2 and Q3 will be huge indicators as to where we will be going. Fasten your seatbelt, it will be a bumpy, but yet fun ride.
Good luck to All!
Looks like we’re cleaning up more debt. This time with Puritan.
Around The week of Aug 17 unless there’s an extension.
A win is not guaranteed but I like our team’s chance.
It will happen. In fact I suspect that the filing late yesterday was the last requirement needed for uplisting — additional specifics needed on the effect of the loss of Amazon. And again, yet another statement that we are doing business with a major delivery carrier.
It’s possible we might even get acquisition/merger news before news on the uplist application.
If our application gets rejected, they can reapply. Do you think John will fail? I don’t.
Good early sign. I have an .039 buy bid, but wouldn’t mind a nice run over .05.
It’ll be interesting what reaction the market will have to yesterday’s 8-K. I suspect we will have a dip into the .03’s before the next news drop which could happen very soon. We have an uplist to the QB as soon as next week, and a 10-Q next month.
Hopefully, we’ll know soon who that new mysterious delivery service we are now working with is. I have my suspicions.
Go TL$$
People who know me know that I’m genuine. If I don’t have confidence in a stock, I sell...I don’t trash it publicly. If I believe in a company like I do this one, I have no problem expressing that excitement. If someone wants to accuse me of pumping so be it.
I don’t make predictions, but I do see this stock having some nice revenues ahead, and with that, an increased sp.
3 good pieces of news to be released in the next 30 days. Uplisting should happen be end of next week, 2Q revenues will reflect Covid revenues, and there should be a major acquisition announcement.
Eyes are on this one right now.
Lmao, I am definitely not a pumper. I am very careful with my statements, and yes, I am excited about this company. I am not a blind follower, just a regular dude holding a nice sack of shares at .032.
And I am still buying more shares tomorrow. :)