{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-007350","form_type":"8-K","ticker":"TLSS","cik":"0001463208","company_name":"Transportation & Logistics Systems, Inc.","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.246025+00:00","generated_at":"2026-06-05T21:57:24.960639+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"TLSS operating subsidiaries cease all operations as of Feb 16, 2024; no revenue operations remain","bullets":["Cougar Express and JFK Cartage (Cougar) and Severance entities ceased operations on Feb 16, 2024 due to loss of vehicle insurance and landlord repossession.","Severance laid off virtually all employees; Cougar Express employees also laid off after landlord took possession of Inwood facility.","Company reported working capital deficit of $11,680,875 as of Sep 30, 2023, which has not improved.","No substantive revenue-generating operations remain; uncertainty about ability to continue as a going concern is high."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-007350","json":"https://secwatch.observer/filing/0001493152-24-007350.json","markdown":"https://secwatch.observer/filing/0001493152-24-007350.md","text":"https://secwatch.observer/filing/0001493152-24-007350.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463208/000149315224007350/0001493152-24-007350-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463208/000149315224007350/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:57:24.960639+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}