{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-048188","form_type":"8-K","ticker":"TLSS","cik":"0001463208","company_name":"Transportation & Logistics Systems, Inc.","filed_at":"2024-11-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.496739+00:00","generated_at":"2026-05-29T12:45:59.810419+00:00","sec_items":["1.01","2.03","5.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Transportation and Logistics Systems Enters $50K Note and Corrects Unauthorized Reverse Stock Split","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-048188","json":"https://secwatch.observer/filing/0001493152-24-048188.json","markdown":"https://secwatch.observer/filing/0001493152-24-048188.md","text":"https://secwatch.observer/filing/0001493152-24-048188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463208/000149315224048188/0001493152-24-048188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463208/000149315224048188/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T12:45:59.810419+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"}