Transportation and Logistics Systems Inc (TLSS)

[BigPennyHits]

Great post below. Just in case a newb winds up on this forum and sees a JO trying to pump there bags saying nasdaq, .10 coming in august, etc…

Who puts out an earnings report on a Friday after the market closes? Scumbag companies like TLSS and Leatherboy that's who. They also filed a registration statement on August 10th to sell for existing shareholders 1.9 billion shares. Meaning the co gets no proceeds, only those selling do. Giordano registered 55 million and Mercadante 24 million. There's also a company by the name of BHP capital run by a Brian Pantofel, another scumbag convertible debt guy who I mentioned previously, he has 104 million shares that they will be selling. Pantofel was just charged by the SEC for violating Securities Laws.
The 10Q is a joke, losing money, debt increased and they literally cant pay bills without borrowing from management. How is Leatherboy going to pay off the $5mil plus note due in Dec? $4.5mil loss, shares outstanding with the filing will be 5bil and going higher. IMO this is a Ch 7 in the making.
Cant wait to hear the cheerleaders spin on this disaster.