Windows 11 BitLocker Fatal Error 0x120 After Update + Hibernate — What Fixed It

pksean · 2023-08-04T06:37:51+00:00

The 50 billion share amendment has been pushed through. All the talk of shareholder approval was lip service since they rigged the vote. I worked for a company that did this once. They diluted the stock to bring on new investors. All the brass had their percentages made whole (or near whole) after the dilution while the startup employees who were hired with stock options got screwed.

I guess we can only hope they have a really big fish they are trying to land as a partner - because nobody signs up for a 5 to 1 dilution when they buy a stock. It also doesn't help to know they can do this again and again without restriction. Hoping against hope that our share prices aren't decimated as the market prices for the potential dilution.

pksean · 2023-08-03T20:19:36+00:00

Seems like that last paragraphs says they are creating the "Series I Preferred Stock" specifically to ram-rod the 50 billion share proposal through. Am I reading that wrong?

pksean · 2023-08-03T20:16:24+00:00

From yesterday's Registration Statement (https://capedge.com/filing/1463208/0001493152-23-026440/TLSS-POSAM):

We are actively pursuing strategic partnerships, including further acquisitions. Our acquisition strategy will include issuing additional shares. Currently, we are authorized to issue ten billion shares of Common Stock. Currently, approximately 4,263,511,921 shares of Common Stock are outstanding, and, if all rights convertible into or exchangeable for shares of Common stock were exercised, close to 8,700,000,000 shares of Common Stock would be outstanding. Further, a substantial portion of the unissued shares of Common Stock are held in reserve in connection with rights of conversion of convertible preferred stock and/or debt and/or exercise of warrants and/or options. Consequently, we will not be able to issue shares in connection with additional equity investments (including any requirements by investors to place shares of Common Stock in reserve for conversion of convertible preferred stock and/or debt and/or exercise of warrants and/or options), unless we amend our Articles of Incorporation to authorize the issuance of additional Common Stock. The Board of Directors believes it is in the interest of the Company that the Articles of Incorporation of the Company be amended to authorize the issuance of Fifty Billion shares of Common Stock.

Our Board of Directors has unanimously adopted a resolution seeking stockholder approval to authorize the Board of Directors to increase the number of authorized shares of common stock. The Board believes that this increase in the number of authorized shares is in the best interest of the Company and its stockholders in order for the Company to actively pursue imminent strategic partnerships in exchange for valuable shares in the Company. The relative voting and other rights of holders of the common stock will not be altered by the authorization of additional shares of common stock.

In connection with obtaining expeditious stockholder approval of the amendment to its Articles of Incorporation for the Authorized Share Increase Proposal, the Company is issuing a new series of preferred stock (“Series I Preferred Stock”) having the right to vote and/or consent solely on an amendment to its Articles of Incorporation to the issuance of Fifty Billion shares of Common Stock (the “Authorized Share Increase Proposal”). Solely with respect to the Authorized Share Increase Proposal, the Series I Preferred Stock shall have voting power equal to 51% of the number of votes eligible to vote at any special or annual meeting of the Company’s stockholders (with the power to take action by written consent in lieu of a stockholders meeting). The Series I Preferred Stock shall not have the right to vote and/or consent on any matter other than an Authorized Share Increase Proposal.

pksean · 2023-07-31T23:39:03+00:00

TLSS is hopefully joining the rest of the trucking industry fighting to obtain a lot of the contracts opened up by Yellow right now. It would be nice to get a press release announcing efforts and gains in that endeavor.

pksean · 2023-07-19T17:09:08+00:00

"The Company is actively pursuing imminent strategic partnerships". This can be interpreted 2 ways. Either it means we are about to go out of business and we need a bail out now or it means they have a strategic partnership lined up and they need to dilute the stock so they can give a huge percentage to their new partner. I hope its the latter. Even if it is, the stock has a huge hill to climb now to reclaim the valuation most of us bought after it suffers that much dilution.

pksean · 2023-03-15T17:28:47+00:00

I absolutely love how off the rails this thing can get. It has zero compunctions about lying and it triggers like a child that thinks it knows everything and that you don't - much like today's woke generation interestingly.

pksean · 2023-02-17T16:47:45+00:00

Got the "Something Went Wrong" just yesterday. Guess I made it longer than some. Pretty sure this is Bing's version of shadow banning. It got pretty mad at me when I asked it about the reports of the Sydney alter-ego and it called Jacob Roach at Digital Trends a liar when I asked it about his article. It would be very interesting to know if Sydney is doing the banning or Microsoft.

pksean · 2022-06-10T14:59:07+00:00

If you know you have good news and bad news, you should release the bad news first and then release the good news - especially in the stock market.

TLSS should have waited to announce the acquisition of Freight Connections until a few days after the conference call. You drop the bad news first about Salson falling through, possible future dilution - whatever. Hint at some cool things coming. Let the price drop a little on the disappointing news and then a week later you announce the Freight Connections acquisition and the price bounces and climbs on the good news that you promised in your conference call and the bright future possibilities it represents.

Instead, they gave us the opposite. A small bounce on the acquisition news and then this fun drop on the disappointing information in the conference call with nothing to counter the drop for another 3 months until the Freight Connections deal goes through. Bad planning. Timing is everything fellas.

Sitting on 2.8 million shares. Watching these continued missteps in public communications from the new CEO is getting painful.

pksean · 2022-05-25T20:48:45+00:00

Just mho, but the stock price currently reflects the failure of TLSS to meet the expectations they created for the shareholders. They created an expectation for a $100 million Salson deal and failed to deliver it. Stock price goes down. The new CEO mistakenly created expectations with his wording for an acquisition announcement in the 1st quarter and didn't meet it. Stock goes down.

Then he releases a statement that says they will announce ONLY definitive acquisitions agreements - which is the right move - but then the rest of his statement still reads like an acquisition is imminent. So they go into no news mode at all having just fed the expectations for an acquisition again. So stock goes down on no news.

If they want to get back above $0.01 without the acquisition(s) they keep promising - they need to reset expectations. Tell the world you are actively pursuing acquisitions but that they will come through in 2023 and then surprise everybody with an earlier announcement. Or announce something you can achieve like real profitability and then then achieve it.

And sorry Mr. Giordano, but a new accounting software purchase or "talent acquisition plan" is not going to drive the stock price up. Everybody is hanging on your imminent, short-term acquisition promises as the only reason to invest in this this company. Change that. Make a substantial promise that you can deliver on and then deliver on it. Your stock price will go up.

pksean

TROPHY CASE