Transportation and Logistics Systems Inc (TLSS)

[cashclan]

Well


Lets see I think it was 18 million...

1.704 Billion outstanding someone said with a .006 margin for debt = 10.2 million

1,250,000 X $6 = 7.5 Million

10.2 M + 7.5 M = 17.7 million + 3.5 Million loan = 21.2 M

21.2 M - 18 Million = 3.2 Million Cash + .01 X 1.704 Billion = 17 Million = 20.2 Million Cash ?

Now with a 400-470 million float you take on the acquisitions ?

Where I come from it was said to be a 20 million LOC and 30 Million LOC= 50 million / lets call it 468 million = .1068

Split ... Then you have the 32 million to deal with