$TPAC .0007- MUST READ...THIS IS THE STOCK!!
Retirement of Shares:
-700 million shares to be RETIRED
Manufacturing Facility:
-Manufacturing facility improvements to be COMPLETED w/in 6 weeks
Purchase Orders:
-Confirmed purchase orders for prototype business (w/ signed non-disclosures); these POs are the buyers initial orders; CEO anticipates these initial orders will lead to the buyers' LARGER orders
Convertible Notes:
-Only one August convertible note remains; 100% probability of payoff; currently in "pre-payment penalty timeline", therefore to be paid off completely by end of July (note due end of August).
Acquisition(s):
-CEO has been approached by 2 companies (1 US / 1 China) to be acquired; $27 million in combined revenues; sellers willing to carry debt based on those companies' existing revenues/cash flow; limited cash needed for acquisition(s)...currently in discussions.
$TPAC Share Buy Back:
- IF...acquisition financing is obtained, the plan is to allocate 2 MILLION DOLLARS to BUY BACK $TPAC shares on the open market. This would be in ADDITION to retired shares.
Revenue Projections:
-First revenues projected to begin this calendar year--Q3 (maybe as early as July)
-CEO noted revenue projections: Year 1 - $4.5Mil, Year 2 - $30Mil, Year 3 - $65 Mil...Year 5 - $120Mil - $150Mil
-CEO may consider posting projections on website, after speaking with counsel
Next PR:
-Planning to PR re: website news updates...ie Conference Call highlights. Plans to continue using Twitter and website to update shareholders on activities.
NOTE: The above noted items are "highlights" from the 6/10/16 TPAC Conference Call. They are not intended to summarize every item discussed during the call. Please listen to the recorded call on your own to make your insights. You can replay the conference call by calling 712-775-7029 / access code 865-018-462.
MY POSTS ARE BASED ON MY VIEWS AND MY D.D. YOU SHOULD NOT
BUY OR SELL BASED ON MY POSTS.