Replies to post #47059 on Transportation and Logistics Systems Inc (TLSS)

[Definitelyamaybe]

Cougar Express at closing was generating $4 mil a year
JFK Cartage at closing previous year $3.6 mil for 2021. First 6 months of 2022 $2 mil.

As per the last 10q, they are at $3:5 total for both for the year based on quarter 1 numbers. Not promising that over half of this is lost.

Gross revenue means nothing. If Severance moves a shipment from MA to NY. Say they charge. $500. They send to Cougar for the delivery portion and they bill Severance for their part i$100. Is this revenue technically double reported on the gross? If so, how much of the sales is this happening to? Does this inflate the numbers??