TLSS Signs Agreement to Acquire Nanotechnology Patents and Majority Interest in Patriot Glass Solutions

MONTVALE, N.J., April 07, 2026 (GLOBE NEWSWIRE) -- Transportation and Logistics Systems, Inc. (OTCOID:TLSS) (“TLSS” or the “Company”) today announced that on April 1, 2026, the Company, through its wholly-owned subsidiary TLSS Acquisition, Inc. (“Acquisition Sub”), and TLSS Reverse PGS, LLC, a Texas limited liability company and a wholly-owned subsidiary of the Acquisition Sub (“Reverse”), entered into a Member Interest and Asset Exchange Agreement (the “Agreement”) with Badcer Ops, Inc., a Nevada corporation (the “Seller”), Jeff Badders and Mercer Street Global Opportunity Fund, LLC, a Delaware limited liability company (“Mercer”), as the shareholders of the Seller (the “Seller Shareholders”), Patriot Glass Solutions, LLC, a Texas limited liability company (“PGS”), and Michael Wanke (“Wanke”), the sole Manager and twenty percent (20%) owner of PGS.