Transportation and Logistics Systems Inc (TLSS): Near future notes coming due. JFK Cart...

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Transportation and Logistics Systems Inc (TLSS)

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Definitelyamaybe

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Definitelyamaybe

Re: JACKPOT post# 47053

Tuesday, 06/06/2023 10:26:00 AM

Tuesday, June 06, 2023 10:26:00 AM

Near future notes coming due.
JFK Cartage $200k plus interest 7/31/23
Severance. $500k plus interest 8/1/23
Freight Connections $4.5 million plus interest 12/31/23

This all with no word of any financing at the moment, with a shrinking credit market.

Average $130k a week burn rate. Let’s be generous and give them a 15% margin. So they need an increase of $ 867k a week in revenue for this. Which is $45 mil a year in new revenue, just to satisfy the current losses.

Am I missing something here?

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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
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 09:00:24 PM
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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