Transportation and Logistics Systems Inc (TLSS)

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TLSS GAPS DOWN AND BELOW .01 DILUTION MACHINE HERE.
https://stockcharts.com/freecharts/gallery.html?TLSS

Our loan agreements impose restrictions on us that may prevent us from engaging in beneficial transactions.



We have a term loan pursuant to an Original Issue Discount Senior Secured Convertible Promissory Note dated June 18, 2018 and amended on April 9, 2019 (the “Bellridge Note”) from our company to Bellridge Capital, L.P. The Bellridge Note matures on August 31, 2020. At December 31, 2019, $1.81 million was outstanding under the Bellridge Note.



In addition, on August 30, 2019, we issued $2,469,840 aggregate principal amount of the Notes, which mature on November 30, 2020, and we have entered into other convertible notes and promissory notes during 2019 and 2020.