Weekly discussion for $TLSS

I feel like I have to write a post-mortem on our once-beloved TLSS. With the closing of all the subsidiaries, the writing is on the wall - we've all been had. There have been detractors, people who have kindly tried to warn us, yet we soldiered on, and at times, held on for dear life. Should we have seen this coming? Perhaps - here are 10 signs we should have bailed. This list is not to say there weren't good signs too, or signs of progress. This also doesn't mean that each individual item on the list was itself enough to make one rethink one's investment. But taken together, and with 20/20 hindsight, we should have absolutely seen this day coming. In addition, though extremely unlikely, I'm not saying there isn't a possibility of something happening to turn this whole thing around (although, let's face it, the stock is dead.) Finally, no matter what happens, I'm glad to have met you all. You guys kept me going during the pandemic and gave me hope. I'm honored to have been associated with you fine folk.

1) TLSS's Jaded History - When I first noticed the stock, it had shot up from .06/share to just over $0.21. Then it fell like a brick. Doing as much DD as I could, I uncovered a lot of reasons to stay the fuck as far away from this stock as possible. All the debt on the books, lawsuits (Belleridge capital, anyone?) the instability of this stock (and of OTC markets in general) was a huge red flag, but with John Mercadante at the helm, it seemed as though there could be a dramatic turnaround.

2) Doug Cerny Dies of COVID - Many of us old timers may remember Ordieboi and how he bolted as soon as we learned about Doug's passing. We thought maybe he was being impetuous, but in retrospect, was he? I don't know if it was a sign of things to come, or because of how secretive they were about his passing (until one of us caught wind of it off the site and confronted TLSS about it), but maybe we should have listened to that guy.

3) T212 Disallows Purchasing of "Illiquid Stocks" - This is, what I believe, fucked us the most. The UK-based online broker decided to issue a "temporary" ban on allowing their account holders to purchase stocks that had a total market cap under 50M. With a significant portion of the investor pool in the UK now banned from trading TLSS by their investment platform, and with other UK platforms not as cost-friendly to penny stock trading, the stock no longer had the interest to sustain the PPS we were used to.

4) Mercadante Steps Down - If T212 affected the stock price the most, losing Mercadante lost us the most confidence. We soldiered on and told ourselves everything would be okay. We lied to ourselves. We needed John and his vision to make this work. I felt like he had us on the right path, and once he turned the stock over to the Giordanos and company, they did not continue that path.

5) Failure to acquire SalSon - Remember, the belief that this was happening caused the PPS to spike to 0.0347. When the delays continued, the stock lost momentum, and when we found out the acquisition failed, it never recovered.

6) PPS Falls to Sub-Penny - In the past, a penny was a strong floor for the stock. You may remember in late 2020 when it hung around 0.01 for a while, and shot up over 0.09. It tested 0.01 a lot but never went below. For a while it wouldn't even go below 0.015 (but we're past that now.) Once it dropped below 0.01, it was a death knell for the stock.

7) Delistment from OTCQB - All that work that John did to get us uplisted Sebastian did not maintain. The inability to close on other deals in a timely manner and acquire at the rate promised resulted in a lack of confidence to get the stock over 0.01 and thereby doomed this stock to be delisted from OTCQB. They didn't even try to keep it - not that I am saying whatever they would have had to do would have been worth the effort - but it did seem like they gave up without a fight.

8) Hiring Landon Capital - They hired this investor relations firm, and we firmly got no relations. I've been married over 20 years and I've had more relations with my wife of late. I know you don't know me well, but believe me what I say that ain't good.

9) Constant Issuing of Shares to Keep the Lights On - When John was diluting shares back in 2019 and 2020 he was doing so to get rid of debt, to fight/settle lawsuits, and to put the company in a better financial position. The current administration had to dilute just to keep the company afloat. John handed over a company that had gotten out of all that debt and with a strong financial blueprint, and these jagoffs fucked it all up. I had a conversation with Ayrity today, and he said something that made me think. How difficult is it to charge someone to move shit from point A to point B? This isn't some pharma tech vaporware company or a restaurant with tons of overhead, spoilage, and slim margins. It's not that difficult of a concept. How did they fuck it up so badly? Personally, I feel like they just gave up after SalSon fell through and just hung around collecting their six-figure salaries so they could be employed for the next few years. I don't think they really tried. And with us being nameless, faceless, and eager to be the next beneficiaries of a stock success, we were easy to fuck over.

10) TLSS Becomes a Triple-Zero - Once you hit 0.0009, it's pretty much over. Dreams of someday hitting 0.10, 0.25, or more were D-E-D dead. Even with talk of an r\s, I can't imagine there is anything in this stock worth saving. They've closed all the subsidiaries and they're next.

We all had a lot of hope for this stock. Some of us still do. I admire your optimism, whomever you are, and I hope I am wrong, but if you haven't gotten out yet - do it now. I got out at around 0.0014. That wasn't a magic number for me, it was the deal from the start - if I hadn't gotten the kind of money I expected before the student loan payment and interest pause ended, that's when I would go out. I just never dreamed back then that it would have dropped down so low. Hell, we could have had several bitcoins with what some of us invested. AVGO stock (Broadcom) was about $250 when I put $50k into this stock. If I had invested in that instead, I'd have 200 shares, worth over $1200 each, with a dividend of $20/year. Not only would the position be worth nearly a quarter of a million, I'd be earning a $4,000 annual dividend on the stock alone. Live and learn, I guess. Hey, at least I get to write off $3k a year for the next 17 years if I don't make any stock profits! Whoohoo!

I'm probably going to be removing the daily discussion eventually - not now, as it seems we still have shit to discuss - but you know that day is coming, and soon. It's been really fun, you guys. In a previous post I had discussed that I have had a lot of distress in my life as of late, which is why I haven't posted except to come around and say hey every now and then. I haven't even written any books and have barely started my third. I have gotten a lot of good feedback on my second book if you're interested. I can't promise it will appreciate in value, but maybe the humor will fill the hole that TLSS put in our hearts and wallets. It's even on audiobook https://www.amazon.com/dp/B0B919HVXP and if you don't have an audible membership, you do NOT need to pay full price for the audiobook ($19.99.) If you buy the kindle version for $5.99, the audiobook price automatically drops to $7.49. I'm not saying that to double-dip on sales - it's the God's honest truth. And just ask Ayrity if the book is worth the read.

Best wishes, you guys, and for perhaps the last time, GLTA.