Transportation and Logistics Systems Inc (TLSS)

[tchalla]

the new loan is for prime efs, llc. it's to be used for THAT business. prime will use up the loan for payroll and freed up capital to grow its business. i would bet and will bet that noteholders are also betting on tlss issuing shares for payment as they have obviously been doing. they are drowning in debt. their capital structure will have to be adjusted. i would imagine that a r/s will be needed sometime before this year is over as well. they cannot pay the note in cash unless that is what the lender wants. they cannot make the decision to pay the note in cash. no noteholder would accept cash when they can get shares and earn 1000% more interest in converting the notes into common shares and dumping them into the pump and dumps this stock has seen over time recently. a lender would be stupid to opt for cash. conversions are gold. not to mention that they can short the stock back down and keep their conversion rice low and rinse and repeat with selling at 500% profit.