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Lawsuits, phone numbers, and emails are the least of my worries. If you haven't noticed, they (Scott Terry, Johan Eliasch, Johan Askel Bergendorff, Johan Claasen) are in the process of turning TMPS around. I still believe that Johan Eliasch wanted the private and public side of Tempus, but was unable to strike a deal with the private side for whatever reason. They are now devoted to building on the foundation of TMPS. They are being very conservative when it comes to tapping equity, Johan Eliasch did not covert or call the note due, and there are zero signs that something sinister is going on with the stock.
TMPS has struggled, they have a major working capital issue, they've lost contracts, Jack Gulbin and Scott Terry went different directions, they are going through a total restructure, and there are legal distractions that keep popping up, but they've continued to move forward. Yes, it has been slow, but it's always been forward. It's real simple, you either believe management will turn things around or you don't. Pointing out what's wrong with a $0.15 stock is about as easy as it gets. Peeling the layers back or tearing up the old carpet to refinish the original hardwood floors is hard, but worth it if you know what you're doing. Management has given no indication that they're giving up or pulling the ripcord, which is why I look for any opportunity to add to my position.
Also, the lack of guidance, news releases, earnings calls, etc., may not be a top priority right now. If anything, I'd be more worried if they were focused on all that stuff as opposed to turning the company around. They know they're in a tough spot, which is why they may not be advertising it right now. Also, they're making the required filings. Maybe they're looking to clear the runway a little more before turning up the throttle, as counterintuitive as it might seem.
Until I see signs that management is no longer committed, I'm still a buyer.
I like these levels, great opportunity to pick up shares.
I have a feeling we may be seeing additional lawsuits against TMPS (Scott Terry) due to TASS (Jack Gulbin) being protected under bankruptcy.
I believe firmly that they'll get passed these obstacles.
I also believe firmly that TMPS is rapidly approaching an inflection point.
We'll just have to see how it all plays out. They have options.
I confirmed that Scott Terry's interest in Tempus Aircraft Sales and Service was divested last year when Johan Eliasch stepped in. There will be no adverse effects on TMPS related to the BK.
I'm dead serious. When a company goes bankrupt there's an opportunity to pick up assets at fire sale prices, that's not a hard concept to grasp. Also, you have no idea what's going to happen with any outstanding legal items. Furthermore, Johan Eliasch has deep pockets, the kind of pockets that can solve problems if need be, and he's clearly committed to making TMPS work.
Funny, you've been wrong on every negative thing you've ever posted. You have no clout. You're the epitome of desperation.
TMPS may be looking to pick up TASS assets on the cheap. I wouldn't doubt it at all.
Just putting the pieces together. This is obviously pure speculation and it's more of a gut feeling, but I think it could be a real possibility. If you look at the players involved, which I think many don't fully understand the caliber of people involved that have taken an equity positions, you have quite the management team. It's been proven time and time again that they're not here to strip the company. The govcon space is a slow moving process, which means it takes awhile to recognize the fruits of your labor. They need another revenue stream to make up for the sluggishness. I think Johan Eliasch wanted TASS (private side/Jack Gulbin), but was unable to strike a deal. I'm thinking an FBO or maintenance/parts facility could come into the mix. Scott Terry/TMPS/Johan Eliasch lost the private side of things with TASS, I wouldn't doubt if they're looking to solve that problem or replace it with something else.
Call me crazy, but I'm picking up the smell of a merger or acquisition. Although it seems unrealistic, I'm not ruling it out. You heard it here first.
Also, for people that are in contact with Scott Terry, I would ask him if there are any contracts in the APPEAL process.
Although TMPS is a public company, it's not that unusual for a company to have their audited year end results 120 days after 12/31/17. TMPS is barely over that. Also, they have a lot going on, and they're not a huge company that can just throw hundreds of thousands of dollars at an auditing firm. I would assume TMPS has a draft audit that's complete and is pending final review and approval.
In regard to RFPs and contracts, I believe they were expecting to hear back on a few contracts that looked promising in the June/July time frame. However, they are constantly bidding on contracts. Also, the govcon space can take time. Even if they win a contract, there's an appeal process that can take an additional 3 to 6 months to get through. Not sure if they can officially announce a contract until they've officially won it or the appeal process is over.
Quack, quack, quack, quack. Not one of your predictions has come true, so keep quacking on. The more progress TMPS makes, the louder you quack.
I just think that Scott Terry might get to a point where he asks himself why he's responding to something so ridiculous or to questions that are not legitimate. pennypincher obviously made that story up in order to discredit TMPS and create a trading opportunity. I want Scott Terry to continue responding to our questions, and I think the way you do that is by asking well thought out questions as opposed to something you heard from some guy who says he had a sandwich with one of the ground crew and was able to walk onto a military installation while being a foreigner.
By the way, you've provided a lot of good info.
What a waste of Scott Terry's time. He shouldn't be responding to a joker like this. These stooges have an agenda.
The sound of desperation! TMPS is clearly getting underneath the stooges skin! What's next, a magic trick? Morons.
So do you have a tail number for these aircraft you saw? Are you telling us that the L-1011s you saw were specifically the ones that TMPS acquired or are they perhaps other retired L-1011s that were part of the Royal Navy fleet? Theses people you claim to have met just let some stranger step onto a military installation? It all sounds very suspect. Actually it sounds RIDICULOUS! Nice try, though. Go sell crazy somewhere else.
Also, the company intends to utilize three of the AAR configured aircraft while the additional three aircraft will be used as spare parts.
Company CEO Scott Terry stated, “We are delighted that the aircraft inspections and records reviews were consistent with our expectations thus allowing us to complete this very important transaction."
The L-1011s have been in flyable storage in the UK since their retirement. The closing of the acquisition will take place following satisfactory inspection of the aircraft and associated log books and support equipment.
You're right, they're probably just sitting in their office playing pinochle. Your insight is like no other, we're lucky to have you here. Here's a prediction, you'll be wrong about new contracts too in a few months, you know, kind of like how you've been wrong on every single thing you've ever posted on this board, most of which have been outright lies. Yes, it's very sad when a company does exactly what they said they were going to do.
The better TMPS does, the more this stooge tries to drown out the news.
Here's my take on the recent filing. Great, great, great news! This was huge in my humble opinion. It shows that Johan Eliasch isn't the boogeyman, he's here to grow the company while being mindful of the shareholders and capital structure. Per the 8K, this is an Emerging Growth Company, hello?
Also, Johan Eliasch's position is not harsh in any way. Yes, he has a security interest in all the aircraft, but this isn't any different from what a bank does, even the best companies have debt that is structured this way. When a company has a working capital line or a revolving line of credit with a bank, the bank has ties to receivables, inventory, and commercial real estate. Basically, they have ties to all the assets of the company. Not only that, the bank will slap on restrictive covenants to boot. It's no different from what Johan Eliasch is doing. In fact, Johan is being generous. I still can't believe this stock isn't up more.
Finally, the L-1011s have the ability to increase revenue by not just a lot, but a whole hell of a lot. Not only that, the margins will increase tenfold because the planes were purchased with equity and not debt. How can you not be excited about this company right now that currently trades under $0.20? I haven't seen an opportunity like this in a long time. This isn't about pumping the stock, I'm just excited for the future. Obviously, we need to win contracts, but at least we're starting to see the light at the end of the tunnel. Will there be more obstacles to overcome, of course there will be, but they'll get through it.
Every time I see your activity increase on this board, I know TMPS just released positive news. Keep it up, it's a telltale sign that things are on the up and up! The better the news, the more we're going to hear from you I guess. At first I thought you were a dark cloud, but actually you're rays of sunshine.
How is it not the case?
You're no investor, it's obvious.
I'm sure the stooges (we all know who they are) that are posting ridiculous, asinine theories get paid to drum up activity. They're probably sitting in their mom's basement staring at a computer screen trying to get a rise out of us. It doesn't matter what happens with TMPS, they're just going to post nonsense. Actually, it's probably one person with different aliases. I'm probably stating the obvious at this point. If I'm wrong then they're the dumbest people/person I've ever encountered in the investing world.
Are you serious? You're going to say something like this after getting b**** slapped in front of everyone. How much more confirmation do you need to determine that Johan Eliasch isn't the boogeymen man? Get a life. Pathetic. No insight, no meaningful analysis, no credibility. You lost, bud.
I don't think the 10K will be pretty, but I also think it will be a HUGE mistake to sell based off the full year financial performance. I believe a bottom has formed and the future looks very bright. I've said it before and I'll say it again, all I see is progress!
I can't believe this stock isn't up more. I don't say this often because I'm a businessman and I don't want to come off as a "pumper" or a used car salesman, but I would be looking for any opportunity to add to your position. I predict top-line revenue to increase significantly this year. Some people on this board just received a hand to the face in a BIG way.
I agree, communication from TMPS has not been ideal. However, management is laser focused on making TMPS successful. Also, with everything that's going on due to the restructure, I think they want to file and report as cleanly and as accurately as possible. Time frames and projections are always tough to get right, and that is amplified tenfold when going through a restructure. A lot of pieces are still coming together.
Interestingly enough, http://tempusaircraft.com has changed. There was some talk about this earlier, and although this is the business that separated from TMPS, I find it somewhat interesting. Are we finally close to finalizing the capital restructure? I think we are.
It's called a telephone, look into it.
TMPS is in the middle of moving offices. They're busy, but we should see news shortly.
I agree with you on the complete restructure, I think it will be the case.
Well, you obviously have never contacted the company, nor do you have the desire to. You're playing poker with your cards facing the other players, everyone knows why you're here, it's obvious. There are investors on this board that are credible, that do their research and have reached out to the company's management, and look at TMPS from a rational point of view.
I have reached out to the company on numerous occasions and have communicated with numerous people. Not once have I received conflicting answers to my questions. If you actually put in the time you would get the same response. They are all working towards the same goal, which is to grow the company, everything they are doing and have done points to that. You keep saying that Johan Eliasch is going to do something malicious, but it never happens, and I think this week is going to prove that. I believe they are about to announce that the convertible note has been refinanced or will be extended for another 12 months.
Tempus Jets website is wrong or has not been updated. All you have to do is call them and they'll confirm it. Jackson River Aviation was once an affiliated company for both entities, but not anymore. Either way, the auction doesn't mean anything. Tempus Jets is still very much in business, but even if they weren't, it wouldn't really matter since Jack Gulbin and Scott Terry split businesses.
TASS or better known as Tempus Jets is not part of Tempus Applied Soutions. Jack Gulbin (TASS) and Scott Terry (TMPS) split. These are two completely separate entities. Also, an auction doesn't necessarily mean they're going under, they might be closing that specific facility because it's not performing. I'll have to look at this closer.
On Feb 1, 2018 Tempus Jets announces today the relocation of its Authorized Pilatus Service Center from Scottsdale Airport (SDL) to Falcon Field Airport (FFZ) in Mesa, Arizona. The Falcon Field Airport facility address is 4562 E Mallory Circle, Mesa, Arizona and is located on the north side of the airfield.
The link http://tempusaircraft.com/portfolio2/companyowner-info/ you referenced is not accurate.
Kind of like the minimum wage job of stirring the pot on a message board to keep the activity levels up?
Couldn't agree more.
Bill,
I cannot comment on specifics because the issue of the note is still under negotiation. However, I will repeat what I have said publicly on many occasions – I believe that Mr. Eliasch is a long-term investor and I do not anticipate any action that would be detrimental to shareholder value.
I appreciate the note.
Thanks,
Scott
Scott Terry | CEO
471 McLaws Circle, Suite A
Williamsburg, VA 23185 USA
I'm positive it's a sub of Tempus Applied Solutions. When bidding on contracts, especially in other countries, a separate entity must be established for logistical reasons.
TRISTAR AIR LLC was registered in Delaware on 11/1/2017, not sure what the South Carolina address is for.