Replies to post #36740 on Transportation and Logistics Systems Inc (TLSS)

[SooS416]

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