Transportation and Logistics Systems Inc (TLSS)

[PokerStar]

First of all, they had a very lightly trading stock and had lots of toxic debt due that has been converting into the market. The low market cap is reflected by the number of outstanding shares multiplied by the share price. The market cap for TLSS is definitely undervalued still but that should now be more like 5 million based on the price per share times the 211 million updated share count. Either way, as you said earlier, this is extremely undervalued and it has been the toxic notes converting into the market that has caused the downwards pressure. As the O/S was recently reported to be unchanged, I suspect dilution is now done or nothing more than a trickle to clean up. Multiple green days will be coming our way. Buckle up folks.




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