TLSS to Issue Comprehensive Corporate Update after 10Q Filing

About this update from Transportation And Logistics Systems, Inc.

[{"type":"text","content":"Chairman/CEO Report to Discuss Progress on 2023 Business Plan and Other Key TopicsJUPITER, FL / ACCESSWIRE / July 25, 2023 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS" or the "Company"), the parent company of certain wholly-owned operating subsidiaries, which, together, provide a suite of logistics and transportation services, is pleased to announce today that, following its upcoming second quarter earnings release due in mid-August 2023, and subject to any other filing responsibilities and SEC restrictions, it will issue a separate comprehensive update on the Company, its current operations and ongoing strategic plans.According to Chairman and CEO Sebastian Giordano, "Over the past year, we have been fully engaged in undertaking numerous initiatives on multiple fronts, both operationally and strategically. Although these generally take substantial time to develop, we believe that they will ultimately yield significant benefits to the Company. Without question, our primary goal remains to build shareholder value. Unfortunately, market recognition often lags performance, or is undermined by forces that the Company does not control, despite significant progress with the operating business and organic growth or acquisition opportunities in the works. While we publicly announce events only when they are formalized, we believe that providing stakeholders with a comprehensive update and deeper insight into the state of the Company and its plans than is set forth in the Company's required SEC filings, will assist all interested parties in having a proper foundation and full source of information for assessing our progress. I intend to release this update as soon as practicable following the filing of our Form 10-Q for the quarter ended June 30, 2023."About Transportation and Logistics Systems, Inc.TLSS is a publicly-traded holding company. Its wholly-owned operating subsidiaries, Cougar Express, Inc., Freight Connections, Inc., JFK Cartage, Inc. and Severance Trucking Co., Inc., together provide a full suite of logistics and transportation services. For more information, visit the Company's website, www.tlss-inc.com.Forward-Looking StatementsStatements in this press release regarding the Company that are not historical facts are forward-looking statements and are subject to risks a...

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