{"filings":[{"id":92971,"accession_number":"0001493152-26-019375","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Transportation & Logistics Systems raises $100K unsecured note for compliance and tax good standing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal $100,000, interest 10% p.a., maturity 6 months from April 24, 2026.","Proceeds used for SEC/OTC filings, tax compliance, transfer agent costs, and routine litigation fees.","Note is non-convertible, prepayable with 3 days' notice, no penalty.","Default triggers 5% monthly penalty; lender may accelerate after 30 days.","Company also entered a letter agreement with C/M Capital Master Fund, LP (same lender as prior notes)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92970,"accession_number":"0001493152-26-015436","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2026-04-07T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"TLSS acquires 80% of Patriot Glass Solutions for $4.75M in Series J preferred stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Deal consideration is $4.75M, payable as 47,500 shares of TLSS Series J Senior Convertible Preferred at $100/share stated value.","Acquisition includes 80% membership interest in PGS and four nanotechnology patents from Badcer Ops, Inc.","Closing expected by June 1, 2026, subject to audited financials for PGS for 2024 and 2025 and other conditions.","PGS provides window tint and glass strengthening services using C-Bond technology across auto, home, and commercial sectors.","PGS's sole Manager Michael Wanke retains 20% interest and will enter into an employment agreement post-closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104236,"accession_number":"0001493152-26-002029","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2026-01-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Transportation and Logistics Systems issues $75K promissory note at 10% to fund S-1 prep","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Unsecured non-convertible note for $75,000, 10% simple interest, due in 6 months.","Proceeds used for Series J preferred registration statement, SEC/OTC filings, tax compliance, transfer agent, and litigation fees.","Default triggers 5% monthly penalty plus full acceleration at lender's discretion.","Issued to C/M Capital Master Fund, LP; note is not convertible into equity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120528,"accession_number":"0001493152-25-028129","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-12-17T23:59:59+00:00","items":["1.01","3.02","5.02","9.01"],"status":"ready","headline":"TLSS settles $1.4M CEO pay with preferred stock; retention bonuses up to $500k","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Giordano settles $1,400,711.62 in outstanding liabilities for 10,007 shares of Series J convertible preferred stock.","Retention agreement provides up to $500,000 cash bonuses: $250k for $1M financing, another $250k for $2.5M financing.","Parties to negotiate a new employment agreement for services after Jan 1, 2026 within 60 days.","Company states paying cash would jeopardize going concern; Series J conversion shares to be listed on Trading Market."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120527,"accession_number":"0001493152-25-018453","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-10-17T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"TLSS settles $378K liabilities with Series J preferred shares; insolvent with ceased operations","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settled $378,491.25 in liabilities by issuing 3,785 shares of Series J Senior Convertible Preferred Stock.","Condition that >=50% of Series E and Series G Preferred be exchanged for Series J has been satisfied.","Company confirms it is insolvent, has ceased all logistics/transportation operations, and cannot meet financial obligations.","May be unable to maintain listing on a Trading Market or comply with SEC reporting without additional funding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137109,"accession_number":"0001493152-25-014291","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"TLSS settles $50k debt with Series J Preferred; discloses insolvency and cessation of operations","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settled $50,273.97 in liabilities by issuing 503 shares of Series J Preferred Stock to a note holder.","Settlement conditioned on exchange of ≥50% of Series E and G Preferred for Series J; condition satisfied.","Company states it has ceased all logistics and transportation operations and is unable to meet financial obligations.","Company may fail to maintain listing or comply with SEC reporting without additional funding.","Preferred shares and underlying common issued unregistered under Section 3(a)(9) exemption."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137108,"accession_number":"0001493152-25-012902","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-09-09T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"TLSS amends Series J Preferred certificate; narrows Triggering Event definition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment to Series J Senior Convertible Preferred Stock filed on Sept 5, 2025.","Triggering Event definition revised to exclude events occurring before amendment date.","Amendment approved by board and majority of Series J preferred stockholders.","Filed as Exhibit 4.1 with Nevada Secretary of State."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137107,"accession_number":"0001493152-25-012569","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-09-02T23:59:59+00:00","items":["1.01","2.03","3.02","5.02","9.01"],"status":"ready","headline":"TLSS borrows $50K, awards 4,775 Series J shares; CEO Giordano termination now Nov 30","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Entered $50,000 unsecured promissory note with C/M Capital Master Fund at 10% interest, due in 6 months, for compliance costs.","Granted 4,775 shares of Series J Senior Convertible Preferred Stock to CEO and other grantees for past and future services.","CEO Sebastian Giordano submitted termination notice Aug 26 for nonpayment; termination extended to Nov 30, 2025, compensation continues accruing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137106,"accession_number":"0001493152-25-011354","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"TLSS exchanges 25M-share warrants for 22 preferred shares; settles $506k in liabilities with equity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Warrant holder exchanged warrants for up to 25M common shares for 22 shares of Series J Senior Convertible Preferred Stock.","Settled approximately $506,576 in outstanding liabilities by issuing 5,066 shares of Series J Preferred Stock to creditors.","Resolved law firm Akabas & Sproule litigation ($125k claim) via Series J Preferred issuance; case dismissed with prejudice.","SCS, LLC lawsuit settled for $36,000 via 360 Series J Preferred shares; court deemed fair and dismissed action.","Issuances exempt from registration under Sections 3(a)(9), 4(a)(2), and 3(a)(10) of the Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137105,"accession_number":"0001641172-25-019510","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-07-14T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"TLSS exchanges 20K Series G preferred and $47K dividends for 2,468 Series J shares; settles $16K liabilities","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchanged 20,000 Series G preferred shares (4.92% of total) and $46,802 in accrued dividends for 2,468 Series J shares.","Settled $16,000 in liabilities by issuing 160 Series J shares; parties released from future claims.","Series J shares issued under Section 3(a)(9) (Exchange) and Section 4(a)(2) (Settlement) exemptions.","Original warrants associated with exchanged preferred shares were cancelled."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137104,"accession_number":"0001641172-25-018200","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"TLSS exchanges warrants, settles $422.74 of liabilities for Series J Preferred","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Exchange agreement: holder trades warrants for up to 10M common shares for 9 shares of Series J Preferred Stock.","Settlement agreement: creditor cancels $422.74 in liabilities and 17.86M share warrants in exchange for 4 Series J Preferred shares.","Both issuances are unregistered, relying on Sections 3(a)(9) and 4(a)(2) of the Securities Act.","Settlement conditioned on at least 50% of Series E and G Preferred having been exchanged for Series J, now satisfied."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137103,"accession_number":"0001641172-25-017392","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-07-01T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"TLSS exchanges 112,500 Series G shares plus $258,864 dividends for 13,857 Series J shares; cancels 20M warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchanged 112,500 Series G shares (27.68% of Series G) and $258,864 accrued dividends for 13,857 Series J shares.","Holders cancelled warrants to purchase up to 20,000,000 common shares.","Transaction effective June 1, 2025; Series J created under Certificate of Designation filed May 5, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154389,"accession_number":"0001641172-25-016288","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-06-24T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Transportation & Logistics exchanges most preferred stock and settles $583K liabilities for new Series J preferred","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchanged 21,418 Series E shares (100% outstanding) and 274,000 Series G shares (59%) for 37,840 Series J preferred shares.","Canceled warrants for 178,000,000 common shares as part of the exchange; accrued dividends of $761,213.42 also converted.","Settled $583,199.84 in liabilities and canceled warrants for 151,785,715 common shares in exchange for 5,864 Series J preferred shares.","Series J preferred issued under exemptions from registration (Sections 3(a)(9) and 4(a)(2) of Securities Act)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154388,"accession_number":"0001641172-25-013802","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"TLSS settles $2.5M debt with 25,465 Series J preferred shares; operations ceased","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Settlement agreements dated May 30, 2025 exchange $2,546,519.70 in liabilities for 25,465 shares of Series J Senior Convertible Preferred Stock.","Settlement conditioned on ≥50% of Series E and Series G preferred holders exchanging their shares for Series J.","Company states it has ceased all logistics/transportation operations and is currently unable to meet financial obligations.","Issuance exempt under Section 3(a)(9); company notes prior untimely SEC filings and potential delisting risk."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154387,"accession_number":"0001641172-25-008979","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["1.01","2.03","5.02","5.03","9.01"],"status":"ready","headline":"TLSS extends CEO departure to Aug 31, issues $50k note, creates Series J Preferred","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Sebastian Giordano's termination notice extended to Aug 31, 2025; company unable to cure nonpayment of compensation.","Issued $50,000 unsecured non-convertible note to C/M Capital Master Fund at 10% interest, six-month maturity.","Filed Certificate of Designation for 1M shares of Series J Preferred Stock, $100 stated value, convertible at $0.001 per share.","Preferred Stock carries 10% semi-annual dividend, 4.99% ownership cap, 110% redemption on triggering event, 120% liquidation preference.","Existing Nov 2024 promissory note maturity extended from May 22, 2025 to Aug 12, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172967,"accession_number":"0001641172-25-001177","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-03-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Transportation and Logistics Systems enters $75K unsecured note at 10% interest, 6-month maturity","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$75,000 promissory note issued to C/M Capital Master Fund, LP; 10% simple interest, due in 6 months.","Proceeds to fund 2024 audit, 2025 Q1 review, SEC filings, tax compliance, and litigation costs.","Note is unsecured, non-convertible; events of default include payment failure and bankruptcy.","Note is subordinate to $1.55M senior notes (Giordano, Mercadante, others) and in parity with $450K prior notes.","Simultaneous letter agreement restricts use of proceeds and requires lender approval for disbursement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172966,"accession_number":"0001493152-25-010039","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-03-12T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Transportation and Logistics Systems issues $100K promissory note at 10% to fund audit and SEC filings","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal $100,000, 10% simple interest, 6-month maturity, non-convertible; entered into on March 10, 2025.","Proceeds restricted to 2024 audit, 2025 Q1 review, SEC/OTC filings, tax compliance, and ordinary course litigation fees.","Note is junior to ~$1.55M in senior notes (Giordano, Mercadante, others) and pari passu with $350K in parity notes (Cavalry Fund, Mercer Street).","Default triggers 5% monthly penalty on outstanding after 30-day cure; Lender may accelerate upon uncured default."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172965,"accession_number":"0001493152-25-006461","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["1.01","2.04","9.01"],"status":"ready","headline":"TLSS extends $150K notes maturity to Aug 2025; default on $64.5K note triggers 17% rate","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extended maturity of $150K August 2024 Notes to Aug 12, 2025; interest remains 10%.","Default on $64,534 Mercadante Note due Feb 6, 2025; interest rate increased to 17% effective Feb 7.","Noteholders: Mercer Street Global Opportunity Fund ($75K) and Cavalry Fund I LP ($75K).","Default notice received from director John Mercadante for unpaid principal and interest."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172964,"accession_number":"0001493152-25-003384","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2025-01-23T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"TLSS issues $50K promissory note to fund financial statements and filings","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal $50,000 at 10% simple interest, due in six months (maturity July 2025).","Proceeds used for 2024 Q2/Q3 financial statement completion, SEC/OTC filings, tax good standing, and routine litigation fees.","Note is non-convertible and junior to approximately $1.55M in senior notes listed in Exhibit A.","Default triggers 5% monthly penalty after 30 days; lender may declare entire amount due.","This is the fourth similar note from the same lender since August 2024, indicating ongoing capital strain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189983,"accession_number":"0001493152-24-048188","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2024-11-29T23:59:59+00:00","items":["1.01","2.03","5.03","9.01"],"status":"ready","headline":"Transportation and Logistics Systems Enters $50K Note and Corrects Unauthorized Reverse Stock Split","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Entered into $50,000 unsecured non-convertible promissory note with Cavalry Fund I LP at 10% interest, due in six months.","Filed Certificate of Correction with Nevada Secretary of State to withdraw unauthorized December 2023 reverse stock split.","Note proceeds allocated to completing 2023 audit, SEC/OTC filings, tax compliance, and routine litigation fees.","The note is junior to existing notes totaling $1,547,837.96 and in parity with $250,000 in prior notes.","Similar notes were previously entered on August 12, 2024 and October 9, 2024 with the same lender."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189982,"accession_number":"0001493152-24-041138","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2024-10-15T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"TLSS enters $100K promissory notes with 10% interest to fund audit and SEC filing compliance","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate $100,000 unsecured non-convertible notes; 10% annual interest; 6-month maturity.","Proceeds used for 2023 audit, 2024 quarterly reviews, SEC/OTC filings, tax good standing, routine litigation.","Lenders: Mercer Street Global Opportunity Fund and Cavalry Fund I LP; notes are junior to certain existing notes.","Default penalty of 5% per month on outstanding amount after 30-day cure period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206489,"accession_number":"0001493152-24-032755","cik":1463208,"company_name":"Transportation & Logistics Systems, Inc.","ticker":"TLSS","form_type":"8-K","filed_at":"2024-08-16T23:59:59+00:00","items":["1.01","8.0","9.01"],"status":"ready","headline":"TLSS borrows $150k at 10% to fund audit; CEO termination standstill extended to Nov 15","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company issued $150k in promissory notes to Mercer Street and Cavalry Fund at 10% interest, due in 6 months.","Proceeds to fund 2023 audit, 2024 quarterly reviews, and delinquent SEC filings (10-K 2023, Q1 and Q2 2024).","CEO Sebastian Giordano's employment termination due to nonpayment; standstill extended to Nov 15, 2024.","Unpaid compensation acknowledged at $328k as of Aug 15, plus potential $400k severance.","Existing senior notes total $1.55M, including $1M from John Mercadante."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":588944.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}