{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-041138","form_type":"8-K","ticker":"TLSS","cik":"0001463208","company_name":"Transportation & Logistics Systems, Inc.","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.496545+00:00","generated_at":"2026-05-30T14:31:17.883024+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"TLSS enters $100K promissory notes with 10% interest to fund audit and SEC filing compliance","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-041138","json":"https://secwatch.observer/filing/0001493152-24-041138.json","markdown":"https://secwatch.observer/filing/0001493152-24-041138.md","text":"https://secwatch.observer/filing/0001493152-24-041138.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463208/000149315224041138/0001493152-24-041138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463208/000149315224041138/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T14:31:17.883024+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"}