TLSS and BBRW

TLSS choo choo! How high can it go?

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Old news. I just haven’t taken the time to look at it until last night and wanted to get out of my position after looking into it more. First, massive volume selling at the end of the day yesterday (4 million shares right at close that killed the stock) got me to wondering. Then I look at the CEO announcement. Everything touts their CEO as being the former Coach USA CEO, which is true, only that was from 96-99 and I cannot find where he’s been since, unless he’s the guy that ran for governor and that guys video when being asked questions about his campaign make it difficult to believe he’s running the company. He also left rather abruptly in a press release to “retire” and a new CEO took over “effective immediately”.

Next I look at press releases about debt or loan consolidation regarding $1.6 million dollar for four merchant credit advance loans. Why do they have merchant credit, but that’s not really what was odd. The odd thing is the press release states they were paying $500k per month In principal and interest on these loans? They would be paid off in four months if that were the case. $1.6 million debt reduction

The COO of both subsidiary companies, PrimeEFS and ShypDirect, is Frank Mazzola. There was a Frank Mazzola that was barred from the securities industry for fraud in early 2010s. I am not sure if it’s the same guy, but some things I found suggest it is the same person. Mazzola

Their corporate headquarters in SEC filings are now at the same location as a UPS store, which suggests they are just renting a mailbox in Jupiter, FL. Address of TLSS corporate headquarters according to filings

Their website recently had to be changed because of a “technical” issue, so they just opened a new site. However, there is another site for a trucking company operated under a similar name. Translogistics. They have not explained the technical issue to my knowledge. Translogistics trucking apparently unrelated to TLSS

Their media campaign is apparently being run by Ken Ellis of Soul Stream Media (Google search his email address to see numerous articles pumping stocks). That outlet has several press releases about companies with good news. In the disclaimers it often appears the author is long the stock or the disclaimer has a link the PGC website’s disclaimer that it may be “Paid Advertising”. PCG Disclaimer

They previously traded under Petra Terra according to SEC filings, which was apparently related to oil, before their purchase of one of the subsidiary companies. According to some sites there was a marketing campaign to pump Petra Terra in 2015.

Also, a press release was issued on March 10 (by PCG referenced above) announcing Sebastian Giordano, was hired on as a turnaround and restructuring consultant. is that significant? Well, he’s a director and former CEO of Drop Car, known affectionately on MT and other sites as DCAR, which is also subject of a lot of speculative action lately. Right around the time Giordano was hired on the news surrounding TLSS got really good and because widespread rumors on penny stock sites like investor hub and even Reddit. Giordano hired

There are also some weird articles about employees at their subsidiaries. They complain a lot about some strange things like where to get their trucks from.

CFO is Tim Larkin. He was the CFO at Warren Resources, which filed for bankruptcy. He was also CFO of Intercloud, which was sued for paying promoters to disseminate misleading information. They hired The Dream Team to promote their company according to a lawsuit. Intercloud info

Their 8 and 10k have not been audited and have asked for delayed filing (possibly May 29th). That was a red flag. Unaudited filing

They are a company that is supposed to report revenue Upwards of 8 million per year and had a market cap of 250k recently? That seems strange to me.


All of this may be nothing, but with just a little bit of effort I found that stuff and it was enough to make me think it might not be the right investment for me. Good luck on the trade if you are in it and do your own due diligence. Stock seems to be holding up well today.

All that and it's up 30%!
Seriously though, you think the house of cards is about to crumble on this one??

Sounda like LVVV

Although I did buy this morning and sold around 10 for 30% gains

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All that and it's up 30%! Seriously though, you think the house of cards is about to crumble on this one??

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They have now reported earnings (or losses) for 2019. Came in at a loss of $20 million for 2019 v. 2018 loss of $7 million. Probably part of their overall growth plan, but that’s a big loss for a company with a $1.3 million market cap.

If you liked it at .20 you’ll love it at .07. There is a reason it’s down 65%. They had a 20 million dollar loss. That’s a lot for a company that has a market cap of 845k. Since they are now in compliance they can start diluting again, too.

Got in on the dip and gonna ride this out with TLSS.

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That’s a lot for a company that has a market cap of 845k.

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It's 34 million man.


TLSS - Yahoo Finance Summary

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am just trying to help. You can probably make money in a short term swing, but it’s not for me as a long term play. hope you all make a lot of money on the play. Good luck.

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Yea, I read the 10K and it was actually more positive than I thought it would be lol. I think the ER will be much better than expected though at the end of the month. Which is why I'll take a chance on this stock. It is definitely a risk mind you, but I think one that will pay off in the long run.

I do honestly appreciate your advice and concern though!