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JACKPOT

01/12/23 9:50 AM

#45133 RE: cuggegrosse #45132

That was the old management (Steve Yariv).......
West Palm Beach, Fla., April 10, 2019 (GLOBE NEWSWIRE) -- Transportation and Logistics Systems, Inc. (f/k/a PetroTerra Corp.) (the "Company") (OTC:TLSS), a leading eCommerce fulfillment service provider, announced today that, effective with the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, John Mercadante and Douglas Cerny, both formally of Coach USA, have agreed to join to the Company as members of the Board of Directors.  John Mercadante has also agreed to replace Steve Yariv as CEO and Chairman of the Company.
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JACKPOT

01/12/23 9:53 AM

#45134 RE: cuggegrosse #45132

We do not believe that this "defensive move", at this time, is in the best interest of shareholders. Reverse stock splits tend to be temporary, quick fixes, with no guarantee that the stock price will remain above $.01 after exercise of this mechanism. Again, as we have announced before, we are not in favor of a reverse stock split unless it were required for a potential NASDAQ or NYSE uplist, which, if feasible, would be a major step forward for the Company.

.05+ in 2023

IMO