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announced today that the company has finalized the acquisition of six Lockheed L-1011s formerly owned and operated by the Royal Air Force (RAF) of the United Kingdom . Four of these aircraft are specifically configured for air-to-air refueling (AAR) operations and the remaining two are configured for passenger and cargo operations only. The aircraft previously served the RAF and NATO .
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. We can now focus our attention on military customers in the USA and NATO that have urgent requirements for air-to-air refueling services." Terry added, " Now that the deal is closed, our potential customers can better understand our commitment to the aerial refueling mission."
The aircraft acquisition was completed utilizing TMPS common shares. 6,730,769 common shares were issued to the Seller at a value of $0.52 per share as payment for the aircraft. Additionally, TMPS has agreed to either pay $150K in cash or to issue to the Seller approximately 833,000 common shares at a value of $0.18 per share to compensate the Seller for maintenance and storage costs incurred for keeping the aircraft in the condition required by the aircraft purchase agreement
$TMPS price decline simply due to Smart Money accumulation!
Always follow the smart Money.
TMPS 13G - What is a 13G?
The 13D and 13G forms are "beneficial ownership" forms. The primary purpose of these forms is to understand control of a company. To that end, the 13D and G forms do not just disclose the shares directly held by an investor, but also shares indirectly held (but controlled) by that institution. These indirect shares include all the shares held by the clients of financial advisors. Another requirement of the beneficial ownership forms is that they include related parties to the funds.
13G - Annually on February 15.
AQR Capital Management, LLC - 650,701
AQR Capital Management Holdings, LLC - 650,701
CNH Partners, LLC - 650,701
Only Market Makers can perform 5 digit trades. Taking TMPS down (with 100 shares) five seconds before the close today at .10258 was not very smart!
It's interesting how opinion(s) is always a fact, but real facts is pumping.
Truth is, until news M.M drop the price to create volume and profits for themselves.
Opinions means nothing. Spreading false news is a measure of the trader not the company. TMPS will rise above all the B/S posting. News will come out when it appropriate.
KALO was "OTCQB" certified before. No reason why it should not be now.
Don't let it get to you. Some are only good at "fear mongering" for profits.
Prove it! but I bet you cannot with facts.
Please try posting real news and not wild accusation that could, but most likely will not happen. The previous directors resigned because it was in the contract that they would if certain things did or did not happen. They knew the risk and lost, that cannot be blamed on Johan.
TMPS common shares likely get cancelled. The last TMPS people who tried to renegotiate the deal with "The Johan" were forced to resign their seats on the TMPS Board of Directors. And, April 2018 will likely be a repeat performance.
Correct. TMPS did their part by performing the work contracted, but the customer ends up not paying.
TMPS did the right by informing the customer and shares holders they will be not working for free. That is why TMPS will be taking that customer to court.
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.
Thanks for the update Kingp.. you're correct two different companies. I assumed they were the same.
Joined Kallo In September after 16 years at an architectural firm. I asked my myself whom would make such a decision and why, but Tom Kanellopoulos Did.
Opinion base, versus fact based investing. Lets looks at the facts.
Nine Months September 30,
REVENUES $ 11,655,027
COST OF REVENUE $9,645,159
Gross profit $2,009,868
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12402971
Profitable OTCQB company with revenue over $15 million. Owned by a Billionaire whom advised the British Prime minister, and about to buy six airplanes to refuel NATO aircrafts.
Like dilution in the stock market does not happen to 100% of all tickers!
A sell is also a buy of $88,000.00 this morning. Someone went big into Kallo today.
Kallo just hired a High Level Architect. Something is in the works!
Someone spend a whopping $15.00 to tank $TMPS ten seconds before the close. How desperate?
Just hold tight. Move coming from those who tipped their hand.
Welcome back when $TMPS is at the bottom again. Wonder why?
This is getting better and better, and you'll know what to do!
We know trouble is coming for some. This is trading fundamental, and you'll know what to do!
LOL.. this is so much fun!
This is where the mail gets delivered for those who track their package properly. Just because it's snowing and the delivery is late, does not mean it's not coming.
Problem for some is their on the side of the cliff looking for help, but help is already there "Buy your way out of trouble!"
My brokers still has Kalo listed as "KALOD". I am Hope-full it will be updated soon. Starting next week I what I am thinking as the birth of Kallo. This week is accumulation.
Looking at $TMPS yearly Chart .1300 is close to the yearly low. In order to go lower one of two things will have to happen.
1. Someone will be Shorting $TMPS
2. Someone will be selling for a loss. This is why some is posting negative comments to get your shares. So obvious!!
What is market makers going do? this will be interesting.
Two more days and Kallo could be back to OTCQB certified
https://www.otcmarkets.com/services/companies/otcqb/overview
Correct this has nothing to do with $TMPS the company. Its against the CEO previous company. Let's not confuse the two moving forward!
Please explain what does this have to do with $TMPS Tempus Applied Solutions? If anyone does not know the difference they should not be investing in TMPS.
Scott Terry & Gulbin answer is due for a potential $9,500,000 judgment on the pleadings.
Greensill Capital (UK) Limited v. Tempus Intermediate Holdings, LLC et al
Arenda L. Wright Allen, presiding
Lawrence R. Leonard, referral
Date filed: 10/13/2017
Date of last filing: 01/02/2018
PYCT should learn from "CH!T". Share Sizes in the billions, both with stop sign, but one big difference. PYCT did not announce Bitcoin and under .0001.
Until news MM will do anything to create volume. You cannot read anything into this except for Market Maker paying the bills.
Wait for news or bail!
I think I know what happening. Kallo is waiting 30 days in order to regain compliance as OTCQB certified. Then news! which makes sense.
Does anyone see why Kallo cannot retain OTCQB status?
Bid Price. Maintain proprietary priced quotations published by a Market Maker in OTC Link with
a minimum closing bid price of $0.01 per share on at least one of the prior thirty consecutive
calendar days
The "D" is temporary to indicate a stock split took place. I thought it was ten days, but others have indicated otherwise. Either way it should be gone soon.
I would assume kallo is waiting for the "D" removed from the ticker before real news is released.
Maybe PYCT can go back to their original charter. Maybe Bitcoin or blockchain new coming? who knows!
Payments Processor: PayChest, Inc.
- December 24, 2006
About PayChest Inc.
PayChest and its strategic partner companies have developed an integrated online payment processing platform utilizing cutting edge technologies to deliver payment solutions online. These payment processing solutions include turnkey payment facilitation for credit and debit cards, electronic checks, money transfer solutions, gift cards and turnkey rewards based systems.
Paychest Inc. founded in 2005 has recently launched the company's online gateway products that include the following:
1. PayChest ACHnet
2. PayChest E-Check
3. PayChest RD21
4. PayChest Credit Card Processing.
The above products are initially available in the United States.
Paychest Inc.offers the following solutions and services
1. PayChest e-Store
2. PayChest IVR Pay
3. PayChest POS
4. Kiosk Payments
The current President and CEO of PayChest Inc. is Mr. Lawson Pillay. Serving as CEO of Genfin, LLC - a Southern California financial technology integrator, he is also Director to BanX, Inc. - a financial services transaction and debit card processor.
Paychest Inc. is being eyed as the closest rival of Paypal when it finally opens its services to non-Paypal countries which include the Philippines. Philippines access to Paypal services is still limited to Send transactions.
We'll see soon who's making good deals or not. I am good, worry about yourselves.
TMPS revenue without (refueling) for Nine Month Ending September 30, 2017 $11,655,027. Company is profitable and some are selling.
Sell, get out, you don't deserve to be in TMPS.
You need to do a little more DD on $LBIX. Beverage is no longer there line of business, thus that article is not applicable.
That was the Tempus joke of the day. LOL.
AGD contract was with the UK government for the L101. They withdrew the planes from services thus cancelled the contract.
http://www.defensa.com/otan-y-europa/agd-systems-devolvera-6-l-1011-tristar-royal-air-force-servicios
Were going in circles with this lawsuit issues. Which company is the lawsuit against?
Tempus Applied Solutions Holdings, Inc. (TMPS)
or
Tempus Intermediate Holdings, LLC