Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So what do you think is going on? Something sinister? Do you have any meaningful analysis that you can provide? From dilution, to the billionaire Dracula that's sucking the blood out of TMPS, to contracts that will never happen, to planes that will never get delivered and so on and so forth, you stooges have been proven wrong at every turn.
It's real simple, it's like buying a used car:
You're pointing out a few dings, the cracked windshield, and the flat tire. That's all you're focused on. That's all you want us to focus on.
As an investor, I see a car with low miles that has great value, but needs some cosmetic work. Not only that, the minor issues allow me to get it at a great price!
You can quack all you want, but real investors aren't afraid of a cracked windshield, that can easily be fixed.
Not even worth a response. You're wrong, you know you're wrong, your response has been shown to not hold water time and time again. You should go work for Fox News, you'd have one hell of a career. Beats trying to make a few bucks spreading lies on a message board.
I like your optimism in regard to TMPS, try and pick up shares on the cheap. Good call!
It's funny to you, I get it, you post nothing but nonsense to drown out positive developments. However, what we've seen are serious, well capitalized investors/owners that have taken substantial positions in TMPS, and are obviously looking to create value and growth, that's been proven time and time again.
Just a hunch, but good luck with your bashing. Busy day for you since the stock is up.
Acquisition.
Beyond asinine. Absolutely the dumbest thing I've ever heard. What a stooge.
Dumb dumb dumb dumb dumb.
Off your meds today? 4/30/18 8K:
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
As previously reported, on April 28, 2017, the Company entered into a 10% Senior Secured Convertible Note due April 28, 2018, in the principal amount of $6,200,000 (the “Convertible Note”) with Santiago Business Co. International Ltd. (the “Note Holder”).
The Company and the Note Holder have agreed to extend the maturity of the Convertible Note to April 28, 2019, and to add the following collateral arrangements:
the Company has agreed to grant the Note Holder a security interest in the six L-1011 aircraft recently acquired by the Company (the “L-1011s”), and in the Company’s membership interest in Tristar Air, LLC, the Company’s wholly owned subsidiary which is the direct owner of the L-1011s;
the Company has agreed to grant the Note Holder the sole option to purchase the Company’s Gulfstream Corporation G-IV Aircraft for an amount of $2,000,000 in the event of default; and the Company has agreed to grant the Note Holder the sole option to purchase the L-1011s as a group for $2,000,000 in the event of default.
All other terms of the Convertible Note remain unchanged,
Item 3.02 Unregistered Sales of Equity Securities.
The information set forth above under Item 2.03 is repeated herein in full and incorporated herein by reference.
Again, what convertible note holders are you referring to? You mean Johan Eliasch, the billionaire who extended his convertible note essentially confirming his support and commitment to TMPS? Who you said would convert the note and didn't? Goon talk.
What convertible note holders? You mean Johan Eliasch, the billionaire who extended his convertible note essentially confirming his support and commitment to TMPS? Who you said would convert the note and didn't? Goon talk.
You seem pretty confident. Are you working with another goon or goons to manipulate the stock? Get that rent money!
I could care less what happens day to day, I'm looking at the big picture. You're trading to get rent money, I'm investing to create wealth.
Get that rent money.
I'm not missing the point, bud. I guess you're not as dumb as you sound most of the time. You can calculate basic math, good job. With that said, you're obviously missing the bigger picture.
So you're telling me there's a chance? I read you, TMPS has some availability then. Good news and good work.
You mean they're not able to use the whole $12MM in one sitting? I think that falls into the no s**t category.
The stooges are out in full force today. A little stock manipulation at hand.
Wrong.
On October 6, 2017, the Company entered into an equity financing agreement with GHS Investments LLC, a Nevada limited liability company, under which the Company may issue, over the next 24 months, shares of common stock representing up to an aggregate of $12,000,000 of equity financing. The number of shares to be issued would depend on the price per share, which will be based on a discount to the volume weighted average market price of the shares during a 10-trading day period. Shares issued under the equity financing agreement are subject to a registration rights agreement.
However, this is a last resort option for TMPS.
Wrong. Deposit does not need to be in an escrow account. Where are you pulling that from?
False. Globalone is trying to get back their deposit back after they failed to make payments to TMPS, that's why TMPS terminated the contract. Sounds to me like Globalone is the one trying to stay afloat. Nice scare tactic though.
The veil? What a bunch of malarkey.
The contract was terminated because the customer wasn't making the payments. Get a clue.
It looks to me that Globalone is trying to get their money back after failing to make payments to TMPS per the contract. Lawsuit doesn't sound promising for Globalone.
Per the 10Q filed 2017-11-28:
On November 22, 2017, the Company notified one of its customers that the Company was terminating an aircraft management agreement with them due to their on-going and repeated failure to make payment in full of all amounts due under the contract. The contract represents a material portion of the Company’s consolidated revenues ($4.0 million for the first nine months of 2017), but has not contributed significantly to either consolidated gross profit or net profit. The Company also informed the customer that it would seek damages for losses and expenses in light of the customer’s repudiatory breach of the contract. Depending on the outcome of negotiations with the customer, and possibly litigation, the receivables owed to the Company for services rendered, together with damages, would be applied against the operating deposit of $750,000 to be repaid to the customer following contract termination.
Give me a break. Calm down about the lawsuit like you just uncovered who shot Kennedy. I'm sot saying it's all peaches and cream, it's a high risk speculative penny stock, but anyone can file a lawsuit, especially towards a company that has faced many obstacles and is in a turnaround mode. TMPS is an easy target with a billionaire at the helm. NOTHING has been decided until it goes through the system.
Also, TMPS could easily issue more shares without it being dilutive, their share structure as it stands right now easily allows it. Not only that, TMPS has relied on equity for working capital, and I sincerely doubt that they would massively dilute the stock. If they were reckless it would be problematic for past, present, and future equity investments. You think they're going to dilute Johan Claasen after he just helped them secure the L-1011s?
I agree, TMPS looks good from here.
Sure, I'll take more shares under $0.14. Thank you.
Here's where TMPS is headed, here's why Johan Eliasch (and others) have become so heavily involved with TMPS, here's why TMPS doesn't have a problem with carefully issuing equity to finance and acquire assets. Let's look at a company that has had success with what TMPS is looking to emulate:
Omega Aerial Refueling Services
Foreign owned company (Ulick and Desmond McEvaddy), doing business in the United States, has operated under a Navy contract. Company is the first Commercial Air Services provider of in-flight refueling services and operates converted 707 and DC-10 aircraft.
• Successful capture of a five year, $220 million contract
• Propelled a 22% increase in year-over-year revenue with a record
number of flight hours
• Agreement with the FAA and Navy to expand into international
operations
• Secured a $9.2 million annual contract, plus two option years, to
provide air refueling services to the Royal Australian Air Force
• Expanded from a single U.S. Navy contract to partnerships with
multiple defense contractors, including Boeing, Lockheed Martin, and
Northrop Grumman
Do you think there's room for more competition in this space? I'd definitely say so. Patience will payoff. Are the pieces of the puzzle starting to come together? Can you see the growth potential and the reason why Johan Eliasch got involved with TMPS in the first place? The future is bright when you see what lies beneath the surface.
I agree, TMPS is off to great start. I like your positive outlook as TMPS emerges from the restructure.
I agree, TMPS looks great from here.
Yeah, I think TMPS will go a lot higher, couldn't agree more.
Chalk it up as a win, I like your positive attitude.
$6 stock price would essentially make it a $100MM company. I could see that best case scenario with the air to air refueling/transport/gov business. I'm definitely banking on a significant increase in top line revenue. I agree, it's doable.
Thanks, professor science. You have an uncanny insight when it comes to TMPS.
I love it. Gobbled up some more shares. I'm not going to pass on these prices.
Well, you haven't been right once, but maybe you'll get lucky this time. You've been slapped across the face so many times I've lost count.
You've been wrong about everything (too long to list). No one cares. You're here to get your jollies off. What's funny is you resort to a penny stock message board in order to make yourself feel BIG.
You wouldn't be human if you weren't concerned. These lawsuits are the result of past hardships, they stem from a previous time, even before new management stepped in. However, I see no inclination that management is slowing down or stopping their turnaround plan. I believe significant revenue increases are at hand. This is the most patient I've ever been with a stock of this caliber, but it's because I see a great deal of upside, more than I've seen in quite some time. If I'm wrong, so be it, but there's a more than real possibility that you could see revenues increase into the $30MM to $40MM range in a short period of time, with EBITDA around $5MM based on the fact that they've been using equity and not debt to acquire assets.