May. 15 at 4:35 PM
$TLSS It appears death BUT it isn't. There is a lot of work in the background. Recent filings by TLSS — including the creation of Series J Preferred Shares and amendments to corporate bylaws — suggest strategic restructuring underway.
These moves point to potential preparations for a control shift, possibly setting up a reverse merger.
Despite its dormant operations, TLSS remains active on OTC markets, signaling it’s not fully abandoned.
Former CEO John Mercadante’s possible involvement adds intrigue, given his history with the company.
Together, the filings and timing raise speculation that TLSS is being positioned for a high-risk, high-reward transformation.