Amended Statement of Ownership (sc 13g/a)
February 03 2020 - 2:26PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN THE STATEMENTS FILED
PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)*
Transportation
and Logistics Systems, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
____71676F308
_________
(CUSIP Number)
________________December 31, 2019________________
(Date of Event Which Requires Filing of
this Statement)
Check the appropriate box to designate
the rule pursuant to which this Schedule is filed:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall
be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of
this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
RedDiamond Partners LLC, a Delaware limited liability company
81-3595197
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
(b) þ
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
990,817 shares of Common Stock
|
6
|
SHARED VOTING POWER
0
|
7
|
SOLE DISPOSITIVE POWER
990,817 shares of Common Stock
|
8
|
SHARED DISPOSITIVE POWER
0
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
990,817 shares of Common Stock
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.44% (See Item 4)
|
12
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
John DeNobile
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
(b) þ
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
990,817 shares of Common Stock
|
6
|
SHARED VOTING POWER
0
|
7
|
SOLE DISPOSITIVE POWER
990,817 shares of Common Stock
|
8
|
SHARED DISPOSITIVE POWER
0
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
990,817 shares of Common Stock
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.44% (See Item 4)
|
12
|
TYPE OF REPORTING PERSON
IN
|
|
|
|
|
Item 1(a). Name
of Issuer:
Transportation and Logistics Systems,
Inc. (the "Issuer")
Item 1(b). Address of Issuer's
Principal Executive Offices:
2833 Exchange Court, Suite A
West Palm Beach, Florida 33409
Items 2(a),
(b) and (c). Name of Persons Filing,
Address of Principal Business Office and Citizenship:
This Schedule 13G is being filed on
behalf of RedDiamond Partners LLC and John DeNobile, as joint filers (collectively, the "Reporting Persons").
The Reporting Persons have entered
into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 1, pursuant to which the Reporting Persons
have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act
of 1934, as amended.
The principal business office of
the Reporting Persons is 156 West Saddle River Road, Saddle River, NJ 07458. For citizenship, see Item 4 of each cover page.
Item 2(d). Title
of Class of Securities:
Common Stock, par value $0.001 per
share (the "Common Stock")
Item 2(e). CUSIP
Number:
Item 3. Not applicable
Item 4. Ownership.
|
(a)
|
Amount beneficially owned:
|
|
|
990,817 shares of Common Stock*
|
|
|
Based on 990,817 shares of Common Stock of the Issuer outstanding as of November 14,
2019, the Reporting Persons hold 8.44% of the issued and outstanding Common Stock of the Issuer.
|
(c) Number of shares to which such person has:
|
(i)
|
Sole power to vote or direct the vote: 990,817 shares of Common Stock*
|
|
(ii)
|
Shared power to vote or direct the vote: 0
|
|
(iii)
|
Sole power to dispose or to direct the disposition of: 990,817 shares of Common Stock*
|
|
(iv)
|
Shared power to dispose of or direct the disposition of: 0
|
*This statement is filed on behalf
of RedDiamond Partners LLC (“RedDiamond”) and John DeNobile. Mr. DeNobile is the managing member of RedDiamond.
Mr. DeNobile may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by RedDiamond. Mr. DeNobile
expressly disclaims beneficial ownership of all shares of Common Stock beneficially owned by RedDiamond.
Item 5. Ownership of Five
Percent or Less of a Class.
Not applicable
Item 6. Ownership of More than
Five Percent on Behalf of Another Person.
Item 7. Identification and Classification
of the Subsidiary Which Acquired the Security Being Reported By the Parent Holding Company.
Not applicable
Item 8. Identification and Classification
of Members of the Group.
Not applicable
Item 9. Notice of Dissolution
of a Group.
Not applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
REDDIAMOND PARTNERS LLC
By: _/s/ John DeNobile______
John DeNobile, its managing member
/s/ John DeNobile _____________
John DeNobile
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