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Those are the questions, correct. Is TriStar being merged into another public entity and what happens to the current shareholders’ equity in tmps if so?
Remember this crazy form 4? From late last year? Are we missing something here?
https://sec.report/Document/0001466538-19-000097/
If you click on the ticker CNAC (in box 2) it brings you to DermTech Inc...but says;
The following company has records linked to the trading symbol CNAC:
Tempus Applied Solutions
Then if you look up Constellation Alpha Capital Corp, you get this:
“SPACs (special purpose acquisition companies) are operating companies formed for the purpose of consummating a business combination with one or more target companies using a combination of listed stock and cash, raised from an Initial Public Offering plus additional PIPE equity, convertible or senior debt.”
https://constellationalpha.com/
And DermTech is touted on their website as one of their recent companies they took public...I’m wondering if these guys at Constellation are actually working on something with JE?
Hopefully some answers will be coming shortly
Correct I just find it strange that my Tmps ticker in Schwab is now CCAG, a company they have been affiliated with in the passed? Maybe it is a default of some sort, no idea.
I use Schwab and my Tmps ticker has turned to CACG, Clearbridge all cap etf growth...I remembered seeing this name on a few filings specifically back around 2015...anyone have any thoughts on the connection?
Isn’t this is exactly what JE did with HEAD...got revoked from trading, took it private and offered shareholders ~$1.15 per share?
don't think anyone has posted this update from Bruntingthorpe as of 7/24...specifically calling out no plans to scrap any of the historic British aircraft onsite...
STATEMENT RE AVIATION ACTIVITIES AT BRUNTINGTHORPE - Updated 24.07.2020.
We confirm that the Aviation activities carried on at Bruntingthorpe were not acquired by Cox Automotive when they acquired the automotive vehicle services business of C Walton Ltd in March of this year. The Aviation activities, including responsibility for the historic aircraft, remain under the control of a Company owned by the former Directors of C Walton Ltd.
There are no plans to scrap any of the historic British aircraft currently onsite. We have reached agreement with a number of organisations to rehome several of the historic aircraft and are actively pursuing the possibility of establishing an aviation museum upon land adjacent to the Airfield at Bruntingthorpe, but there are a number of practical implications which will determine whether this will ultimately be viable.
As and when there is any further information we shall make further announcements, but in the meantime we confirm that whilst we are working with Cox Automotive upon the possibility of hosting aircraft adjacent to the main entrance gate house, they are not involved in the day to day aspects of managing the Aviation activities and attempting to safeguard the historic British aircraft.
https://www.bruntingthorpe.com/aviation
Update on beta.sam...nothing material just a revised drop off request code now for tomorrow, 7/28.
I wonder if TMPS/TriStar has anything to do with these recent extensions for the RFP.
Update 27 July 2020
This update provides amendment 0006 to the solicitation, which extends the deadline to request a “Drop-Off Request Code” to 28 July 2020 at 2:00 p.m. EDT.
If a “Drop-off Request Code” was previously received and expires prior to the proposal due date, offerors shall request a new code in accordance with the solicitation by the new deadline of 28 July 2020 at 2:00 p.m. EDT.
In accordance with Section L, all proposals must be submitted via DoD SAFE; proposals submitted by any means other than DoD SAFE will not be accepted or reviewed. If an offeror fails to request a “Drop-Off Request Code” by the deadline, the Government will not issue a “Drop-Off Request Code” to the offeror and the offeror will not be able to submit a proposal to the Government through DoD SAFE.
https://beta.sam.gov/opp/0ec756b29e0142458192ac336e177625/view?keywords=%22Cas%20aar%22&sort=-relevance&index=opp&is_active=true&page=1
We”re all in this together...nice to see some response from TMPS...too ironic that a potential MAC award could fall within the extension!...imo
This ain’t over by any means
Wait til’ the Walmart partnership is announced...Amazon who?
“Under the circumstances, it appears appropriate to grant the requested extension for good cause shown.”
This may go up whenever it resumes trading...how much do you want to bet the Navy makes an award announcement “ASAP” after the 7/30 RFP deadline? Connect the dots folks, hence the extension to 8/3.
Lots more to this story than any of us know.
I think you’re spot on with the million dollar question of what will happen to TMPS shares...but I do feel there is another entity involved here that will be taking over. Can you imagine what is going through Claasen’s head if JE is going to take this private and buyout our shares for something under $1? He has to be pissed...after all he was the one who got the planes and got them at 52 cents
Look at the price channel for the last 10 days...oversold, ready to move north and I say it will be this week even with no news (but I bet there will be news)
It was later removed in one of the updates to now “unrestricted and open” (the May 15th update calls this out too)
Proposal due date now 7/30...updates on beta.sam as if yesterday:
https://beta.sam.gov/opp/23ce9d6666ea4c18a9625cf0d25105b5/view?keywords=%22Cas%20aar%22&sort=-relevance&index=opp&is_active=true&page=1
Like restructuring his note?
I’m referring to a public filing in the form of an investor update...could even be done via their website. Any response from them however it is done is what I’m looking for.
I’d like to see what transpires over the next 10 days, specifically if TMPS responds to all of this by making public filings prior to starting a fight. A lot doesn’t add up here but that doesn’t change the fact we cannot currently trade the stock
Given all the bad blood between the protester and TMPS, is it possible the Navy suggested/recommended/ordered TMPS to not make any info public unless it was directly related to the RFP award (8k), protest of the award (8k), and subsequent withdrawal of award (8k)?...so as not to add fuel to the fire prior to reissuing the RFP...I’m wondering if TMPS has info (letter/emails) from the Navy that could get them back on the pinks in short order...far fetched?
What other language is that on the google map of the company’s location? Russian?
Scroll down at below link
https://tempusls.com/contact/
SirBika, all I can go off of there is that the OTC website is updated frequently hence referencing the recent “suspension.” Given that, the website still has Terry as CEO and some of the updates on the new TMPS website make the same reference. Is it all a screw up? Dunno, but this plot is going to thicken even more over the coming week imo. Good luck
there is more going on here than we know and something seems off...At the end of the day, it comes down to trading. I don’t care (not an optimal scenario) if they trade on the greys and then get awarded a Navy A2A refueling contract or somehow get back on the pinks in 11 days and get the contract...I’m looking for some sign of life in this company and that they’re in the running for this award they deserve. The website updates and new investor presentation caught my eye and hopefully we hear something from the Johans this week.
Good luck
Something going on here folks and it’s not TMPS being driven into the ground. Imo
I’m with you that it is strange...but it does seem like it is a bit hot off the press, to your point, why update it now?
Lots of questions still with no answers. I’m expecting more clarity in the coming week.
Thought you’d all find it at least interesting though.
Be well
I’m no expert in all of this, but why go resurrect the website, revamp it, copyright 2020, add more info and update the contact info if these guys were going to fleece everyone?
Updated phone number too:
1-804-462-2306
Just this past December...contracts signed with investment platforms...
Tempus Applied Solutions announced the construction of a new production center
December 8, 2019
Tempus Applied Solutions announced this morning that it has signed a long-term rental agreement with the Virginia Airports Authority to build a global manufacturing centre. Partnerships were established with independent investment platforms.
"The construction of the production center and the start of cooperation with investment platforms is a strategic step for Tempus, which will ensure the growth of the company," said CEO Tempus Applied Solutions B. Scott Terry, CEO of Tempus Applied Solutions B. He added that the facility will be equipped with state-of-the-art manufacturing methods and tooling, including an automated positioning system that uses laser measurements to accurately connect major aircraft structures such as the wing and fuselage.
Production is planned to start in the second quarter of 2022. Currently, the investment program of Tempus Applied Solutions is aimed at maintaining the current level of production and the construction of a new production center. In this area, an additional issue of securities has been made and contracts have been signed with investment platforms, which will provide expanded financing for the company's projects.
Anyone notice this? New website or at least up and running again?!!Check out the “blog” section with updates about new production facility and notice about Navy award.
https://tempusls.com/
I wouldn’t assume Terry is completely out of the picture. Don’t get me wrong, we need some answers fast from the Johans but per the below filing I think there is still some involvement from Terry here (if paperwork/guidance is needed for this go of the RFP).
...”Scott Terry will continue to serve the Company in the capacity of Advisor to TASH.”
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13219005&RcvdDate=2/13/2019&CoName=TEMPUS%20APPLIED%20SOLUTIONS%20HOLDINGS,%20INC.&FormType=8-K&View=html
If TMPS had a P&S agreement with a buyer back in 2019 (prior to the protest) and that P&S agreement only had one caveat, that TMPS secure the Navy contract, why would the Johans care about the right address on file or qtrly reports?
These suspensions happen all the time in the OTC...the best thing we can ask for is an actual response from TMPS to show us they’re still in the game. Something isn’t adding up with the 8ks they were filing during the award/protest period to now being suspended from trading. There is a story here that I don’t believe fleeces the shareholders but rather is one TMPS has not wanted to disclose for quite some time. Very ironic too with the due date of the RFP, 7/23, and the temporary suspension lift falling on 7/23 too.
Here’s to TMPS opening up the curtain for us all in the next couple weeks.
For your entertainment, look at the below link, specifically this part ($1B in sales)
“Most recently, Scott founded and led Tempus Jets, a family of aerospace companies providing aviation logistics support for US government activities overseas, which recorded nearly $1 billion in sales between 2007-2019.”
There’s a lot more money than I think we all understand running through Tempus and when u factor in the large investors, one of which who owns the LA Dodgers, they’re looking for a return on their investment just like us.
Let’s see how this plays out.
https://tarbell.org/people/
Signing off for awhile; good luck all.
Hahah...and we’re back to high school folks.
Someone pls remove all of these wonderful and insightful posts littered with exclamations and gut feelings.
Love the passive aggressiveness on this board.
Was TriStar current though? Why even have an expiration date as a vendor if it means nothing? Just thinking out loud not attacking...I do know though that that expiration date of 7/24/20 was updated when the RFP response date was pushed...again, that tells me more than I knew before in that TMPS/TriStar is in the mix on this RFP.
Thanks for the questions I’m sure others can offer better guidance.
Good luck
I think it’s positive for a couple of reasons (potentially):
1: I don’t find it ironic that the expiration date is a day after when the RFP is due and I would imagine TriStar Air LLC would have to be “current” in order to bid on a Navy RFP...so for anyone questioning whether TMPS is bidding on this RFP again (especially given how quiet mgmt has been) I think this points to that they are 100%.
2: I don’t pretend to know the ins and outs of how a government RFP process for A2A refueling rolls out, others can chime in on that...but why isn’t the expiration date 8/7/20 (to match the updated RFP inactive date)? Why isn’t 12/31/20? Again I’m likely reading too much into it, but if I were TriStar and just wanted to get this damn award (again) and then wanted to sell the planes to the highest bidder (which may already be in discussions), I wouldn’t need the expiration date to be any later than when the RFP is due (again, assuming that TriStar needs to be current in order to bid).
Too much of just a coincidence that the expiration date for TriStar Air LLC is 1 day after the bid due date.
Hope you all have a great 4th and look forward to the coming weeks.
Be well,
Awe
To be clear, I think it is a positive that the expiration date is now directly aligned with the revised RFP due date (1 day later)