Transportation and Logistics Systems amends USD 50,000 note with C/M Capital Master Fund, extends maturity to Sept. 30

TRANSPORTATION & LOGISTICS SYS INC

TRANSPORTATION & LOGISTICS SYS INC

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  • Transportation and Logistics Systems entered an amended and restated unsecured non-convertible promissory note for USD 50,000 with C/M Capital Master Fund.
  • Note carries 10% annual interest, accrues to maturity, now due Sept. 30, 2026.
  • Amends and restates a prior USD 50,000 note issued Aug. 25, 2025; proceeds earmarked for SEC and OTC filings, compliance, transfer agent costs.
  • Prepayable without penalty with three business days’ notice; lender can demand repayment on default with five business days’ notice.
  • Default penalty set at 5% per month above the 10% rate if unpaid beyond a 30-day period.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transportation and Logistics Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-034098), on July 21, 2026, and is solely responsible for the information contained therein.

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