 PrimeEFS Shypdirect Account for 87 of Consolidated Liabilities JUPITER, FL ACCESSWIRE August 25, 2021 Transportation and Logistics Systems, Inc. OTC PINK:TLSS, TLSS, or the Company, a full-service logistics and transportation provider, today announced that on August 24, 2021, two of its wholly-owned subsidiaries, Prime EFS, LLC PrimeEFS and Shypdirect LLC Shypdirect, both New Jersey limited liability companies no longer engaged in operations together, the Assignors, have each executed and filed an Assignment for the Benefit of Creditors ABC in the Superior Court of New Jersey, in Bergen County the Assignments. Terri Jane Freedman of Chiesa Shahinian Giantomasi PC Freedman has been appointed as the Assignee. 