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Kent's PRs were without any safe harbor statement.
Didn't Kent have a daughter in FBI?
Thanks for posting the email. I actually paid more attention on the line that you didn't post completely. Starts with: "So let the......". That whole line can easily be reconstructed.
So Kent would spend $200k on cleaning up this shell and file documents stating that merger has taken place but yet at the same time was sending out emails to an investor that there has been no merger ...smh.
Why don't people just call Kent and ask him directly? He is so easily accessible. I just talked to him this morning.
Did he say why the financials haven't been released yet?
Kent and Warren Buffet, great minds think alike!
Warren Buffet's office doesn't have any computer either.
http://www.marketfolly.com/2012/03/tour-of-warren-buffetts-office.html
What TA is gagged?
Should i sell all my shares now??
Yes, that's correct, Kent was found of no wrong doing.
I agree, usually it's a good idea to block the noise, however, the downside would be that then where else will we get to read such super hilarious stuff:
1. Office staff at the open house were hired actors.
2. Furniture at the open house was rented.
3. TDEY is paying AFLAC just for the sheer purpose of using AFLAC's name
on hyper PRs.
4. Kent, a Six Sigma Black Belt, is actually a puppet in stock promoter Vakser's hands.
and the list goes on and on...
Just as expected, i did not see a single response stating something like: "On Monday i'm gonna call 505-828-2839 and..."
As i've said before, spending just 5 minutes on this board provides me with more comedy than watching an entire comedy movie.
You can find the answer in Post 162198:
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TA - not gagged by the company - Fact
Have mentioned it a few times that the TA isn't gagged by the company but rather the TA doesn't provide Share information with a call or email to any company they are the TA for. That has been called a lie, not truth, etc..
Below is a link to a call I just had with the TA, have a listen and you will hear that she confirms what I have been saying (sorry for the nasal sound, have a cold). Feel free to call her if you like: 505-828-2839
http://chirb.it/KLIx8d
The TA is a small company and have emailed Kent about switching in the future when the dust settles, think he will ;)
This isn't anything big, but tired of the false statements being made here
$TDEY -> $ORTC
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Thanks to phx_invest.
111 days have passed and still no retraction.
Quote:
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Has anyone tried contacting American fidelity or Aflac? No, not the contact that Eddie Vakser put in the prs but a call to the real company(s) itself. One company appears as if they will not be playing around with unauthorized use of their name by TDEY.......a few more days for a retraction.......then it gets SERIOUS.
Those damn emails.........:)
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Here is an actual example from another company's PR announcing its signing of a contract.
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Due to business practices and considerations, neither the project, the name of the customer nor the terms of the contract will be disclosed
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Kent could've also just done something like this and be done with that. He was/is under no obligation to disclose each and every word of the contract to the public.
AFLAC, American Fidelity & Lucent, all 3 combined multi-billion dollar companies, receving money from TDEY just to provide TDEY the pleasure of using their names in HYPE PRs ...smh.
I was thinking to watch a comedy movie this weekend but now i am thinking that no amount of comedy will come close to what i've read on this board today.
LOL....LOL...LOL...
I've read lots of preposterous stuff on this board, but this one takes the cake!
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For all we know, TDEY is paying them for the pleasure of using their names on HYPE PR's.
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I would suggest to read through posts by Space1230 and you'll find the answers to many of your questions and concerns. Space1230 and some other investors even made the effort to attend the company's open house back in November.
Just for an example, why AFLAC's revenues didn't show up months after signing up the contract, is answered here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118238714
Letter to Shareholder regarding difficulty of obtaining NAVAIR cert
To refresh the memory of longs and also for the benefit of the new investors, here is a repost of Bill's email to an investor back in July (Post # 36030).
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I think it is important for shareholders to understand what it takes to obtain qualification approval. There are multi-billion dollar bearing companies that do not have this approval. Companies like Schaeffler (FAG), Timken and NSK do not have the approval. The cost to develop the technology is too high. In fact, we have been approached by one major bearing manufacturer to be their source of supply for self-lubricating bearings, because while they would like to get into the airframe bearing business directly, the cost of entry is too high.
When people say that we should have gotten much further along in the process after five years and $4 million, it is clear that they don't have an understanding of either aerospace or the development and qualification process for these seemingly mundane parts. We are designing and making a part that has a small Teflon-like liner in it and subjecting it to brutal test conditions. As an example, the bearing used for primary testing is subjected to a load of approximately 8,250 lbs and then the ball is rotated 25,000 cycles. The load is placed directly on a very small portion of the bearing liner surface. At the end of this test, the liner must show wear of less than 0.0045" (about the thickness of a human hair). This test is repeated on other bearings, but is done in varying conditions including high and low temperatures and after being exposed to harsh contaminants such jet fuel and de-icing fluid. These tests assure superior quality products and aircraft safety. So when someone says they could have done it cheaper or quicker, they either don't have an understanding of the process or a total disregard for human safety.
I can give you dozens of examples of very large companies who have tried to qualify, spending millions of dollars and taking years and years and still not qualifying or even producing parts that are presentable for qualification. Most companies look at the spec and understand what it takes to qualify and simply elect not to because of the cost and difficulty. I know one Chinese company that told me that they have spent in excess of $10 million and 13 years attempting to qualify and they still have no products that they could even submit for testing. I know another company in the USA that told me that they have spent $7 million and now at least 11 years attempting to qualify without positive results. So for us to do this in 5 years and $4 million is nothing short of a miracle. But in reality we did not start assembling parts for testing until January 2011 and received approval in September 2013. So from first assembly until approval we actually took a little less than 3 years. Nevertheless I will accept the 5 year number. It is still a significant accomplishment.
Some of the steps that must be taken prior to ever making a component or a part for full production include the following:
Designing parts and preparing blueprints for the components and assemblies;
Designing tooling and preparing blueprints to make components and assemblies
Developing planning to fabricate tooling, components and assemblies
Developing, manufacturing and testing a liner system that works (this is where most failure occurs)
Manufacturing prototype tooling and components
Analyzing tooling and component design post-manufacturing
Correcting any issues in these designs
Producing and testing prototype parts
Correcting issues with prototypes and/or the tooling
Obtaining business licenses in China
Setting up a factory to produce parts
Making production parts and testing them
Making adjustments to parts based on test results
Making production parts for NAVAIR qualification testing
Obtaining NAVAIR approval
There are many other steps involved, but suffice to say, even under the best of conditions, all of this takes time and money, and a lot of both. So while people may complain of too long and too costly, I will stand by our accomplishments to date.
As I have said many times, we will continue to push forward, concentrating on the core business of the company. We will continue to maintain our focus and do what is best for the company and its shareholders.
Regards,
Bill
Me too!
45 days have passed and still no retraction.
Quote:
========================================================
Has anyone tried contacting American fidelity or Aflac? No, not the contact that Eddie Vakser put in the prs but a call to the real company(s) itself. One company appears as if they will not be playing around with unauthorized use of their name by TDEY.......a few more days for a retraction.......then it gets SERIOUS.
Those damn emails.........:)
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"In response to recent comments and emails.... TGGI's website will be updated soon and will outline its new business direction. Thank you all for having patience during this transition."
https://www.facebook.com/TransGGI
Does anyone know what the OS & float was back in July 2013 when this stock traded at $0.09?
If just two years ago with no POs and no Chinese factory, this stock can trade at $0.09 (albeit with a smaller OS), i think, now with no fear of an R/S and no toxic debt, a lot of those additional shares have already been locked by the longs.
Just by going over some of the figures posted on this board, looks like about 157M+ are being held by just 5 people/families, in other words, about 6% of the current float is being held by just those 5.
I am sure there are several other 'hoarders' here as well and i won't be surprised if more than 20% of the current float is already locked right now.
Once the POs will start rolling in + acquisition(s), resulting in $2M worth of shares buyback, if most of the longs here decide not to sell their shares for at least a year or two then, with approximately only 80% (or even less) of the tradeable float, the climb back up to the pennies and beyond could be pretty swift. IMHO.
I mean't 'their' hard earned money.
And now he has even stopped removing Facebook comments, so apparently he is playing dead now.
Few weeks ago i sent a message to him on Redfox's 'contact us' page but never heard anything back.
http://www.redfoxbonding.com/contact-us/
Back in 2013, he was posting the pictures of his entire family on company's Facebook page and now, after putting there hard earned money in his company, the only response shareholders are getting from him is radio silence.
Marvelous!
Warren Buffett
"If you are right about the 'what' (business), then you don't have
to worry about the 'when': Timing has always been & will continue
to be the tricky part of the endeavor. But I focus on owning a
wonderful business..."
Patience is the key here. Even reputable and established companies that've been in the manufacturing
business for decades, experience delays and setbacks.
First Boeing 787 Dreamliner was supposed to join the commercial service in May 2008,
but after several delays, finally it started service in September, 2011.
With no debt, no R/S and no dilution, concrete business foundations have already been laid and since TPAC is the only company with a manufacturing facility in China with a NAVAIR qualification, it's not a matter of 'If' POs will come but 'When'.
Warren Buffett
"If you are right about the 'what' (business), then you don't have
to worry about the 'when': Timing has always been & will continue
to be the tricky part of the endeavor. But I focus on owning a
wonderful business..."
This message board is very unique. For now, almost everybody here, me included, wants the price to go further down. Absolutely loving it!
Loadin' 'n holdin'
All the questions/comments on Red Fox's facebook page are getting deleted more regularly now. Another sign that Chris is still alive.
Got my certs today!
Chris is not associated with the other company (CYBK) anymore.
Now it's an oil & gas company and under a new owner and new ticker: WOGI.
For what it's worth, Red Fox Bonding LLC now has a new address on their website than what it was a few weeks back.
TGGI's facebook page also now only shows Red Fox Bonding, Trans Global Group, Inc. Company.
https://www.facebook.com/TransGlobalGroupInc
Updated on June 25th, so at least now we know that Chris is alive.
Every company is different. I've been in such a company too where R/S happened as a first resort, despite CEO's prior claims that it would be the last.
A recent development:
"The Company has received financing from Dr. Daniel Desta and Dr. Clairmont Griffith. Both men have been involved in TPAC for some time."
http://www.businesswire.com/news/home/20150609005310/en/TPAC-Commence-Full-Scale-Production-China#.VZBGzvlViko
We are already in phase 3 now i.e. Setting up the factory and about to start production. So far, all seems good here.
With 30,000+ sq meters for future expansion, either he is expecting huge POs or there was a typo and he mean't 30,000 sq feet (not meters).
I am hoping it's the first one.
Simply awesome!
Just got done watching all 3 videos. I think in the next 6-12 months, the current price levels will look like a joke.