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This is the rumor part of the rumor/news theory.
Held this since last spring, got out a couple of months ago when it was in the 007s. Did quite well. Just too much totally unbelievable crap from a guy with a long history of scam. The bogus NTFs, the electric car with self-recharging batteries - how’s that working out? Hung around thinking - as I’m sure SB was - that there are enough people in today’s markets that would buy the fantasy, that it might go up a bit. It did - SB got paid, I got paid and judging by all the new names on this board so did many others.
When is the next conference call?
That a tighter scrutiny of this Salson deal is happening can only, I think, be positive. JM has been around this track a few times and is not going to leave loose ends unattended. He and the lenders want to be certain this is what it’s said to be - repeated and intense looks at a deal is good business. Look for this sale to close positively in the “next few weeks”, give or take. Buy it now!
If you’re in the trucking business today you’re either getting out or you’re buying, either way it’s taking a chance. I think JM thrives in this environment. Back to .02+ by EOD.
The banks and lenders are essentially saying, “How’s business?”. They want to know if the company’s sustainable and worth the risk - this updated and deeper Q & E should tell them. Given the current upheaval in supply chain, lack of drivers, etc, the question becomes ( to the lenders): “How long is this supply/labor crisis going to last?”. This addendum to the Q$E due in the next few weeks will answer a lot more than the future of TLSS.
Because there’s a delay doesn’t mean it’s over. It could be second thoughts from JM or it could mean deeper scrutiny - see these numbers as a gift, buying more.
Until there is news, specifically on Salson, this will continue sideways.
Market open tomorrow, 10/11…anybody?
A solid ($100 mil annual rev) 60 year old company…what’s the hiccup?
Back in June Anthony Berritto did an agreement withTLSS and JM, he said toJM: raise the money and buy my company and retain me as an employee at my price - 90 days to make it happen. JM said, “I’ll try.” The 90 days has passed - did JM get an extension, is he still trying? What happened? Getting financing for a trucking company today shouldn’t be that difficult, especially for a seasoned trans entrepreneur like JM…is Berritto holding it up?
And a hell of a shakeout it is!…buying opportunities indeed. Scoop’em up!
Needs news to continue north, will hold around .03 until then.
Know what you’re buying into - in this case a lot of grandiose ideas with no substance. It was presented to you, you bought it and it failed which was almost certain. Could it have worked?…highly doubtful. Bottom line, alll legal and above board. Know when the scam has peaked and when to get out. Lesson learned. Good luck.
Will drop/consolidate further tomorrow, possibly below .015, making for good buying opps. SalSon is the key, when that’s done TLSS becomes money magnet. Hopefully next week.
Big time monster potential here, John M is no BS…price will come back as long flips leave.
The panic sell is now. This market is changing radically, trips before end of week - here’s why: too many empty promises, current “real soon”, NFT auction tomorrow, next week, soon, and the elusive self recharging electric car battery fantasy. Picked up off a trash heap of dead pennies in Wyo a year ago by Angela whoever (if you ever see her name be alert). SB takes hold, bold news release almost every day, stock goes up, comes back down, up again and all the while more news releases but with diminishing creds. It’s over here - notice it’s disappeared from any of the most anything boards. All of this coupled with the soon to be SEC changes and the end is nigh. Steve made money, I got paid and I’m sure many others here did as well. A self charging battery? Geez!
Thank you. Enlightening and interesting. A competent and flush white knight/sugar daddy makes all the difference in this arena.
Who are Brett and Deb?
What did the conference call of 8/6 reveal? I missed it.
Do you still see?
First rule of a scam: Keep the investor confused.
Whale dance!!
OK Mad, why are we not current when we were told, assured, guaranteed that we would be in tw weeks…three months ago…what kind of a business informs investors that way? How much cash has the company put away with the 8, 12, 81, 95 NFTs? You come up with essentially a perpetual motion machine and nobody knows who you are…who is this guy LT. Altering a photograph to put your name on a building is middle school stuff.
I agree, you can clutter your mind with a lot of really insignificant DD, especially now with the changes happening in this marketplace. A good hold indeed not so much because it’s a good endeavor but because many people think it is.
They’re not dealing with me, I’m dealing with them…and have done quite well.
How much are the currently held NFT domains worth and how much are they bringing as revenue? If you count 81, why does SB say 95? Google LT…what do you find? A location photo with the company’s name inserted on it…what? Incomplete, unanswered inconsistencies. You can overlook it if you like.
SB knew in April when the filing was announced that there was a backlog, he said as recently as two weeks ago that becoming current was imminent - any day now. 95 NFTs? When? Where?…last I saw there were 8 or 12. When announcements are made and consistently fail to come fruition it concerns me. I also understand that business dealings are often not straightforward or simple and require patience, and that I have house money invested in a “flavor of the month” phenomena which may or may not flourish, which is why I’m still here.
Has never been about electric cars or recharging batteries, that’s not SB’s area. NFT’s are what’s in play here, entertainment is his bailiwick, it’s where he comes from not automotive or electrical engineering. If it doesn’t become current and there are no NFT signups soon - two weeks or so - you’ve been duped. That’s been the plan since Angela Collette pulled this off a Wyoming trash heap last fall. However SB’s background in entertainment is extensive and positive and NFT’s are new and very fashionable, if anybody’s going to make this work I’d bet on SB. I still own about a mil of this from 2019, sold 3.5 mil this spring and did very well…looking to do even better if this NFT craze intensifies. Good luck.
Who are the connections here, the players? Anybody know? PURA still involved?
This will close green today, bet on it.
I bought a bunch of this in June 20, sold much of it last fall and again in Feb this year. Did very well, made back what I’d lost in other pursuits. Here, in this arena, take profits when you can, hold some if you think there’s a chance it will flourish…but be aware, it rarely will. It’s not the product or the gadgets being marketed or sold - it’s the company, the idea, the dream. Here the owner asks not if the product - auto tracking device or whatever - will sell, but will the idea sell?…”Sell the sizzle, not the steak”, as car salesmen are taught. That and the endless manipulations in this briar patch of public trading markets can keep your attention, and your money, for a long time. IGEN may happen, it may not, if you’re just trading here, it doesn’t matter. If you’re chasing a dream or (God forbid) building a retirement fund, good luck. Play here, but don’t get married here.
Correct. All depends on what he says at 5PM. Will have to be some significant advancement news: becoming current process, positive EV news, new contracts, etc. Biggest plus I see here is the very savvy connections, SB and DP - they’ve been around this track a few times and know how to play here. EVs, NFTs, whatever, they are not here together for nothing. This is a big play…don’t go away, stay here.
Got in over year ago at low trips, sold most this past spring, made a ton, holding what’s left for even more tonnage. Next uptick will be CC response Monday. Good luck.
It’s not going to get much cheaper, these are now bargain prices. Scoop’em up if you’re late to this.
Paperwork has been submitted long enough ago to make approval imminent. Lots on the immediate horizon here but this is a marketplace that attracts right now gratification, many impatient traders here - ”I want it all and I want it right now”. Soon their money will be yours…if you are patient.
Volume sluggish (relatively). Enthusiasm waning? Overhyped? We all know the great potential here, we’ve been selling ourselves for several days, but nobody’s hurrying now. Waiting for another move/announcement, the CC. Sitting on shares/gold.
Average 10 day at over a Bil, should continue through the week, even longer. That alone will get attention…any news and it will explode. Whales lurking.
How soon to a B, two B…three B??
Your reasoning is sound if you’re dealing from a large position. May happen, may not…it’s a crap shoot, it’s all a crap shoot.