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Preferred Shares crashing down due to new offering. 800,000 more shares going to be pumped in at $25 - no point paying a premium anymore. Someone recently dumped $1.3 million last week pretty quickly, so they must have known about the increase in shares coming and that the premium wouldn't hold. I assume the November call date is no longer in play if they are selling off 800,000 new shares...
Don't pay the premium over the $25 for MTBCP, as you can just take advantage of the offering at $25
Preferred Shares crashing down due to new offering. 800,000 more shares going to be pumped in at $25 - no point paying a premium anymore. Someone recently dumped $1.3 million last week pretty quickly, so they must have known about the increase in shares coming and that the premium wouldn't hold. I assume the November call date is no longer in play if they are selling off 800,000 new shares...
Don't pay the premium over the $25 for MTBCP, as you can just take advantage of the offering at $25
Funny I do too and I see their trucks literally everywhere. Maybe you don't see them because your stuck in your house lol. Anyway we can argue it, but I know for a fact that others got the same letter - I know someone who has his own truck and drives under the DSP program. He got the same thing. It states the don't "INTEND" to renew the "in-force agreement". Doesn't mean they don't intend to renegotiate for better terms.
No what you stated is that 99% of their revenues from Amazon would be going away. The PR doesn't state that. Anyway it doesn't matter, because it's not going to happen. Negotiation tactic. Everyone got the same letter that is being paid the premium under the "in-force" contracts that were issues on April 1st in reponse to Covid conditions.
No not deflecting. Just stating facts. Amazon pulling same exact crap on UPS, Fed Ex, USPS and the independent guys that drive for Prime under the Delivery Service Partner (DSP) Agreement . Seems like they are doing it across the board to try and set up a shorter deadline to eliminate the "in-force" agreements that are paying a premium during covid.
Because of unemployment paying out for 39 weeks, Amazon is struggling to find workers to work in their warehouses. TLSS has driver ads posted everywhere trying to ramp up delivery service to meet demand, even some being posted this week. It's clearly a negotiation tactic when everyone is getting the same letter telling them they intend to cut off the premium contract. At the same time, Amazon is desperate for developing delivery services through strategic alliances in its DSP network.
BUT if they continue to try and squeeze the DSP contractors, it's time to spread wings into other contracts which is exactly what they are doing. Thankfully everyone is shorthanded in the delivery business with the number of packages being moved right now.
USPS definitely dropped them for the same reason. It's why Amazon was FORCED to pay the premium during Covid with the "in-force" agreement
But further on it states 74% of the companies revenue is from last-mile DSP business, from the "in-force" agreement.
So you see they aren't severing ties with Amazon, they are renegotiating the "In-Force" Agreement - this relates to the COVID related contract and premiums that are currently being paid due to the Pandemic.
Still they have to know that Amazon wasn't going to pay those premiums forever. The thing is, that contract went into effect April 1 2020, and was supposed to be valid for a year. Amazon is now just trying to wiggle out of paying the premiums sooner. They are doing the same to other carriers like UPS
Because we all know they are going to just dump all their delivery partners? Right They just did the same to UPS. and yet customers are screaming for lack of delivery and elongated timelines
https://www.cnbc.com/2020/05/09/amazon-and-sellers-negotiate-delays-demand-shifts-during-coronavirus.html
No where does it state 99% of their business is Amazon. It's high, but not 99% - either way its a negotiating tactic. Amazon just did the same to UPS 3 days ago. You don't honestly believe they are shutting down deliveries of their packages without an alternative in place?
What you don't have are the revenues from new contracts with Home Depot, CVS, Food Giant, Food Lion, etc from this quarter
Nearly doubled my money - thanks. Bought at .03 at the opening, now nearly .06
Renegotiating Contract....
Also they have a new contract coming online with a MAJOR online retailer touted as "one of the biggest in the world". Still in NDA so can't be disclosed as yet. Im guessing Walmart+, which is rolling out?
Why do you keep posting OLD NEWS over and over again. Why not also post the fact that the increase in shares have not been sold and are an attempt at stopping a takeover attempt.
Took the words right out of my mouth. I have heard they are working on a HUGE contract and this would make sense
>>>Walmart relationship has been formed?
TLSS says “it begun working with one of the largest delivery companies in the world”
Walmart is quietly working on an Amazon Prime competitor called Walmart+
https://www.vox.com/platform/amp/recode/2020/2/27/21154357/walmart-plus-walmart-grocery-delivery-unlimited-membership-amazon-prime
That Dilution was merely to stop a takeover. No shares were actually issues. It even states its an anti-takeover attempt, and again its no secret that there are companies buying up shares - so obvious and a smart move for Mercadante.
Amazon wants to negotiate a better contract. Simply put, thats all this is. Notice the wording and the use of the word "intend" - i.e. they don't want the current contract and intend to renegotiate a new one. You can be sure John will renegotiate. Amazon is not in a position to start doing deliveries, as they are already snowed under and unable to meet demand as it is. Amazon is literally desperate and can't find enough drivers to do their in house independent program and the ones they have are dropping like flies because of the capital cost involved, long hours and very low pay. Amazon basically wants to be able to renegotiate the COVID Premium come September - thats all this is about. The contract is actually through end of March 2021, but they want to renegotiate the Covid Premium by Q3 this year, so this is a tactic. It's no secret that Amazon, among others, were sniffing around at takeover of TLSS. It's an orchestrated effort. Notice the HUGE buys there were to scoop up those cheap shares. The price didn't not keep going down, but went back up. Very telling.
Again very orchestrated - Firstly, TLSS is making a case for keeping the nearly $4 Million in forgivable grants the government has provided. Quarter 2 results are going to rock, so they need to show in Quarter 1 they really needed it to be forgivable. Even Quarter 1 showed 50% increase in revenues, so that might not be enough to justify granting a forgivable loan - this story about Amazon gives them ammunition if asked. I can guarantee you it will be renegotiated.
On top of that they have picked up a huge amount of new business with Home Depot, CVS, Food Giant, Food Lion and other major grocery stores in Quarter 2. Mercadante is working on building a HUGE book of business and expanding into many other markets, but he has to be a bit coy right now to ensure the $4 Million is granted as forgivable, especially after the stupid short article that targeted them.
heavy duty news incoming??
New Acquisitions on the table!
Wonder what John Mercadante has on the table - can't wait for the announcements as this will fly. But obviously he's got a few good deals rolling. Just is playing our JUST like Coach USA did. I ended up selling that one for near $50 a share. I have faith in John Mercadante & Doug Cerney's abilities - this is actually an even better opportunity than Coach ever way. Imagine having the Amazon Prime contract at a time like this when the volumes are taking off and Amazon is deperate for help to get their Prime deliveries back on track?
BEST NEWS YET -> NO DILUTION!!
This is the best thing John Mercadante and his team could have done. Why? Well some of these things have been said before but to reiterate:
1) They are using these shares to make acquisitions. This lessens the potential debt burden associated with fast growth and acquisitions, since they will have to come to the closing of each acquisition with much less cash. It also incentivizes the mgmt teams of these new units to PERFORM, and be rewarded for being part of contributing to the huge growth phase they are currently undergoing.
2) NOT DILUTION - With each new stock share swap with new acquisitions, we are getting better than $1 for $1 value in terms of the assets we receive, the current revenues that will now be added to our numbers and the future potential revenues, so the net change in TLSS is not a dilution of current stockholder value because TLSS's Market cap is going up with each acquisition.
3) Holding Period 12 Months: These awarded stock / options can not be sold for a minimum 12 months after being awarded - John Mercadante is minimizing the potential for any dilution. This is not considered dilution if they can't be sold and/or if you are receiving a value (assets and revenues) in exchange for the shares. It gives the market time to assess the market cap of each acquisition and potential revenues that come with that.
4) It's no secret that Amazon is eyeing TLSS for acquisition at cheap $$. By Issueing these new shares, it protects the company for any potential for an early takeover when the stock price is now VERY undervalued. They have been accumulating and this is a big risk. We don't want a takeover now, for we will make pennies on the dollar in terms of potential for this company. Another investor stated "Management is being proactive to maintain control to merge/sell on their terms for the highest return; as opposed to being bought out on the cheap due to the current undervalued share price." and they truly hit the nail on the head!
5) Each new Acquisition is bringing us new territories and an infrastructure in place to expand the TLSS Amazon prime contracts (and other contracts) into new areas. Not only do we gain new contracts from these new acquisitions that we can expand into the existing network, but these new companies can do vice versa and start doing Amazon Prime deliveries in new territories we are not currently in. This is a huge multiplier effect on the potential revenues and economies of scale.
I would agree with that. This is a definitely buy and hold. Stupid to buy and sell for pennies
TLSS - Amazon's Prime Delivery Logistics - are any of you following this stock?
There's an opportunity here - this stock is WAY undervalued.
$TLSS" $TLSS does PRIME delivery for Amazon, and their revenues are way up but the stock isn't reflecting that. In fact a year ago they were at $12, and that was before revenues doubled. They have made so many acquisitions, have expanded into new markets, decreased their debt load significantly and the new CEO is kicking A$$. John Mercadante was the CEO that built Coach USA from the ground up into a multi BILLION dollar company, and did nearly 80 acquisitions in less than 3 years. This guy and his team are a proven entity, and I have no doubt they will do the same with TLSS Prime delivery. The stock has been neaten down significantly with Covid. They have a new CEO that has done some much in Q1 it would make your head spin. This is a great buy, forget it and hold story. Check it out.
sorry wrong ticker
True Market Cap Value Just Revealed!
Someone I know who is knowledgeable about this industry and this stock $TLSS and their contract with $AMZN - they just posted this message below on a private TLSS group chat group.
>>>
yeah right Insolvent - thats why they are making acquisitions left, right and center the past couple months LOL
EXPECT A HUGE JUMP IN THIS STOCK.. ... Rumor that their revenues for Q2 are WAY WAY WAY up - do you think this was because of all the Plaquenil hoarding? I've heard they are putting out studies saying it doesn't work just so they can provide limited inventory to healthcare workers. Hospitals here are still trying to get their hands on Plaquenil. Other countries have ordered Plaquenil to the point where there is a huge shortage now for it's regular indicated uses.
ALSO - They just acquired a new drug alprostadil in Q2 - this has boosted revenues significantly as well ($33+ Million).
The alprostadil product portfolio consists of two established, niche, injectable Prostaglandin E1 formulations for the treatment of erectile disfunction and peripheral arterial occlusive disease.
Alprostadil is marketed under the brand names of Prostavasin®, Viridal®, Vasaprostan® and Edex®.
Combined sales of all alprostadil brands generated approximately $33.3 million in revenue in 2019 in the territories where ADVANZ PHARMA will hold the rights.
https://www.otcdynamics.com/cxrxf-advanz-pharma-corp-limited-closes-acquisition-of-the-rights-to-a-portfolio-of-alprostadil-products-from-ucb-s-a-for-83-million/?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter
FYI all that fake news are about delisting - well hey it's still listed lol. The shorts really worked hard on that one. ADVANZ PHARMA Corp. is a multi-national pharmaceutical company headquartered in London. They aren't delisting anytime soon lol... they simply just changed their name. This stock is way undervalued based on the potential increase in revenues from alprostadil alone!
I couldn't agree more with this message.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156004191
How? not sure how to do that
NOT DILUTION - Market didnt understand this.
They read this wrong. This is straight out of the CEO's previous playbook. They JUST completed 3 new acquisitions and have several others they are negotiating.
Every time they make a new acquisition, the CEO will structure it as part cash + part stock swap at the closing. The owners + mgmt of the new company will swap their companies stock for TLSS stock / options. Why? for two reasons:
1) Less cash outlay for TLSS (SMART!!!)
2) In the end, this is a better deal for the owners and their Mgmt teams. They know that they can impact the stock price by increasing revenues + profitability. What TLSS brings to the table are the tools to do just that - thru their extensive contracts with $AMZN AMAZON PRIME and others. With each new acquisition, comes better economies of scale, new territories to push into, increasing revenues for TLSS, and ultimately much better profits. For the new units being acquired, being heavily incentivized gives them the opportunity to make more money in the long run. John Mercadante is WELL KNOWN in the industry and has lots of contacts. For God sake, he built Coach USA from the ground into the LARGEST corporation of its kind, which then sold for Billions. Believe me, these folks are interested in being a part of his new venture and the Amazon Prime delivery growth engine. In 3 short years, John and his team acquired nearly 80 companies while at Coach USA, and he's doing it again. So don't be surprised if he is giving them pennies on the dollar stock options. What we are getting in return is more value and more revenue, that equates to better than a $1 for $1 trade. He is all about building stockholder equity. With each new acquisition, our stock market cap is going up by the value of the asset and revenues it brings in, so this is NOT dilution!
I have faith in John Mercadante and Doug Cerney, because when they were the core team at Coach USA that delivered huge returns for me as a stockholder. I was able to sell my shares for nearly $50 in just 3 short years. Penny flippers and day traders here are idiots. I guess one good thing is they give us dips to buy into LOL. This is a long term hold that will reward those very well who hold.
Dilution? nope + heres why - It ain't dilution if your getting market cap value in return. What John M and Doug Cerny have done is negotiated 3+ new acquisitions this month that included both cash + stock at closing. So for every $1 in stock / stock options issued we are getting more than a $1 in the market cap increase. The market is not taking this into consideration. There is increased value + revenues coming from these new acquisitions - 3 closed and several more in negotiations. We are expanding into new territories and increasing revenues substantially with this plan. Increasing Revenues also increased stock value.
I truly believe in John's way of doing things because making a stock swap as part of the acquisition deal, he is HEAVILY incentivizing the new unit's management to increase revenues, profitability and produce significant value add for stockholders. This is what he did at Coach USA for each of the nearly 80 acquisitions they did during his 3 year tenure, which got his revenues at Coach from $100K when he took over to up in the BILLION$. That meant my penny stock was sold for nearly $50 a share at the end of his 3 year tenure, because I was patient through the crazy volatile growth plan he put into place. And the ups and downs were darn right crazy at times. I have faith in the man, because John Mercadante and Doug Cerny's track record speaks for itself. You should too.