Notification That Annual Report Will Be Submitted Late (nt 10-k)
May 14 2020 - 10:13AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
SEC
File Number: 001-34970
NOTIFICATION
OF LATE FILING
(Check
One):
[X]
Form 10-K
|
[ ]
Form 20-F
|
[ ]
Form 11-K
|
[ ]
Form 10-Q
|
[ ]
Form 10-D
|
[ ]
Form N-CEN
|
[ ]
Form N-CSR
|
|
|
|
|
|
|
For
Period Ended: December 31, 2019
|
[ ]
|
Transition
Report on Form 10-K
|
[ ]
|
Transition
Report on Form 20-F
|
[ ]
|
Transition
Report on Form 11-K
|
[ ]
|
Transition
Report on Form 10-Q
|
|
For
the Transition Period Ended: _________________
|
Read
Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing
in this form shall be construed to imply that the Commission has verified any information contained herein.
If
the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: N/A
PART
I - REGISTRANT INFORMATION
Transportation
and Logistics Systems, Inc.
Full
Name of Registrant
5500
Military Trail, Suite 22-357
Jupiter,
Florida 33458
Address
of Principal Executive Office (Street and Number)
City,
State and Zip Code
PART
II - RULES 12b-25(b) AND (c)
If
the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if appropriate)
[X]
|
(a)
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The
reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
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[X]
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(b)
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The
subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR,
or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof will be
filed on or before the fifth calendar day following the prescribed due date; and
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|
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[ ]
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(c)
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The
accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART
III - NARRATIVE
State
below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion
thereof, could not be filed within the prescribed time period.
The
Registrant’s Annual Report on Form 10-K (the “Annual Report”) for the year ended December 31, 2019 could not
be filed without unreasonable effort and expense. The Registrant requires additional time to compile, review and prepare certain
information in its financial statements following delays resulting from the COVID-19 pandemic. The Registrant expects to file
the Annual Report within the time period permitted by SEC Rule 12b-25.
PART
IV - OTHER INFORMATION
(1)
Name and telephone number of person to contact in regard to this notification
John
Mercadante
|
|
(833)
764-1443
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(Name)
|
|
(Area
Code) (Telephone Number)
|
(2)
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file
such report(s) been filed? If answer is no, identify report(s). [X] Yes [ ] No
(3)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in the subject report or portion thereof? [ ] Yes [X] No
If
so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
Transportation
and Logistics Systems, Inc.
(Name
of Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date:
May 14, 2020
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By:
|
By:
/s/ John Mercadante
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Name:
|
John
Mercadante
|
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Title:
|
Chief
Executive Officer
|
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