Replies to post #36682 on Transportation and Logistics Systems Inc (TLSS)

[daguk]

What makes you say the trucks are leased?
2 for GRC

10 for Shyp

30 for Prime

Or am I reading the stats wrong?

[Kevin2789]

So let me ask you, what would be the difference if we still had a contract with Amazon??

[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

[llcoolm11]

If true, having less vehicles of their own, gives them more flexibility to adjust to market conditions without being stuck with an inventory of trucks but gives them the versatility to add more trucks as needed to adjust to market demand. If John is smart, he will structure the agreements and terms and conditions that provides stability to their business.

[zatan]

This is complete made up response and 100% incorrect, you have zero proof of any of these statements.