Replies to post #27266 on Transportation and Logistics Systems Inc (TLSS)

[cashclan]

You sure



You don't want to say

Restricted Shares ??

90:10 Well...I'll leave it at that

[OMOLIVES]

I believe the effective point is @ $2.50 per share(adjusted from $3.50). Any raise below such causes a trigger. Such happened ..combined with a share price decrease....and the ratchet was triggered...along with the conversion percentage.

You have to refer to the Bellridge and Red Diamond debt modifications. So ..if such is accurate....said Company would need to be above such to raise capital. Take that into consideration with regards to any consolidation of shares.

I am going off memory...so adjust accordingly....and refer to the filing.

Then do the math...and that is where it should consolidate at...they are in discussions though currently with said parties. It's in the last filing....and they are trying to avoid a suit'. Such modifications may change...as such..also...the consolidation factor.

[dlove2517]

Hard pass on that RS man lol