Transportation and Logistics Systems Inc (TLSS): But further on it states 74% of the com...

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Re: SooS416 post# 32157

Tuesday, 06/30/2020 11:54:07 AM

Tuesday, June 30, 2020 11:54:07 AM

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

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Recent TLSS News

Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:05:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 09:00:36 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 02:00:14 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/03/2024 02:00:23 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:01:37 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:16:18 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/03/2023 01:00:22 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/21/2023 01:00:09 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/14/2023 01:00:42 PM
Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/06/2023 04:15:06 AM
Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 08/24/2023 03:37:38 PM
Shares Pop Following Logistics and Transportation Expansion into New England • AllPennyStocks.com • 08/22/2023 03:30:00 PM
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 08/16/2023 03:24:01 PM
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Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 08/03/2023 08:05:11 PM
Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 08/02/2023 08:15:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2023 01:00:10 PM
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