TLSS Announces Conference Call to Provide Company Update
The President and CEO will discuss previous announcements on the 2022 business plan and other key topics
JUPITER, FL/ACCESSWIRE/May 31, 2022/ Transportation and Logistics Systems, Inc. (OTCQB: TLSS), (“TLSS” or the “Company”), a provider of logistics services, is pleased to announce today that on Wednesday, June 8, 2022 at 11:00 a.m. 12:00 a.m. Eastern Time, it will hold a conference call to discuss with its shareholders and all other interested parties the announced results of its operations, the announced acquisition and the company’s announced plans. Joining instructions will be provided, via a subsequent press release to be issued on Tuesday, June 7, 2022, which will advise our shareholders and all other interested parties how to join the call.
According to President and CEO, Sebastian Giordano, “In addition to the written communications updates to shareholders in January and April, I am very pleased to conduct our first live call with TLSS shareholders and all other interested parties to cover a variety of topics, including some of the positive developments that have been announced regarding the advancement of the Company’s 2022 business plan as well as other important prior announcements.”
About Transportation and Logistics Systems, Inc.
TLSS, through its wholly owned operating subsidiaries, Cougar Express, Inc. and Shyp FX, Inc., operates as a full-service logistics and transportation company. For more information, visit the Company’s website, www.tlss-inc.com.
Statements in this press release about the Company that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements. These forward-looking statements, including but not limited to financial guidance, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate not directly or exclusively to historical facts. In some instances, you can identify forward-looking statements by words such as “may”, “will”, “should”, “could”, “would”, “expect”, “anticipate”, ” anticipates”, “intends”, “plan”, “goal”, “seek”, “strategy”, “future”, “probable”, “believes”, “estimates”, “projects”, “plans”, “predicted”, “potential” or the negative of these terms and similar expressions and comparable terminology. These include, but are not limited to, statements relating to future events or our future financial results and plans, objectives, expectations and intentions. Although we believe that the expectations reflected in these forward-looking statements are reasonable, these expectations may not be achieved. Forward-looking statements are neither historical facts nor guarantees of future performance. Instead, they represent our intentions, plans, expectations, assumptions, and beliefs. actions regarding future events and are subject to known and unknown risks, uncertainties and other factors beyond our control which could cause our actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. In addition to the risks described above, these risks and uncertainties include: our ability to successfully execute our business strategies, including the integration of acquisitions and the future acquisition of other businesses to grow our business; the cancellation by customers on short notice of master service agreements from which we derive a significant portion of our revenue or our failure to renew such master service agreements on favorable terms or at all; our ability to attract and retain key personnel and skilled labor to meet the demands of our labor-intensive businesses or labor challenges that could impact our ability to bid on and complete contracts; the ultimate geographic spread, duration and severity of the coronavirus outbreak and the effectiveness of measures taken, or measures that may be taken, by governmental authorities to contain the outbreak or mitigate its effects; our inability to compete effectively in our highly competitive industry could reduce the number of new contracts awarded to us or adversely affect our market share and adversely affect our financial performance; our ability to adopt and master new technologies and adjust certain fixed costs and expenses to adapt to the changing demands of our industry and our customers; our history of losses, insufficient working capital and equity and our ability to achieve sustained profitability; continuing weaknesses in our internal control over financial reporting and our ability to maintain effective controls over financial reporting in the future; our remaining liabilities and indebtedness could adversely affect our business, financial condition and results of operations, as well as our ability to meet our payment obligations; unforeseen and materially adverse developments in our few remaining litigations; the impact of new or changed laws, regulations or other industry standards that could impair our ability to conduct our business; and changes in general market, economic and political conditions in the United States and global economies or financial markets, including those resulting from natural or man-made disasters.
These forward-looking statements represent our estimates and assumptions only as of the date of this release and, except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this letter. Given these uncertainties, you should not place undue reliance on these forward-looking statements and should consider various factors, including the risks described, among other things, in our most recent Annual Report on Form 10-K and in our quarterly reports on Form 10.-Q, together with any amendments thereto, filed with the Securities and Exchange Commission.
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THE SOURCE: Transport and logistics systems
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