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Re: daguk post# 36740

Thursday, 09/17/2020 4:18:25 PM

Thursday, September 17, 2020 4:18:25 PM

Post# of 49952
EBITDA is great, but for a company like TLSS cash is what maters, they burned through $1.4M cash for operations

Plenty of work is great, but is you lose $1.4M in cash, is that work really worth it

They lease a lot of vehicles, half of their lawsuits are from leased vehicles

More companies with low barrier to entry means depressed margins means low leverage when making contracts
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