TLSS receives OTCQB delisting notice for bid price <$0.01; 90-day cure until Aug 21, 2022

Transportation & Logistics Systems, Inc.

OTC Markets notified TLSS that bid price closed below $0.01 for 30+ consecutive days, violating OTCQB standard.
TLSS has 90-day cure period until Aug 21, 2022, to close at $0.01 or higher for ten consecutive trading days.
If not cured, TLSS common stock will be removed from OTCQB and likely quoted on OTC Pink under same symbol.
Also, if bid price falls below $0.001 for five consecutive trading days, immediate removal from OTCQB.
Company plans to consider steps to avoid removal, but no assurance given.

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