77,500,000 shares of common stock the note can convert to.

Read his note conversion what that in titles him to.

I see people are still hoping the (EX-HEAD billionaire) will dump money into this deal and everyone gets to ride on his dime.

This guy is not the type who shares. By now, you must have got that feeling in your gut that something is not right. And, you sense that the billionaire has no intention of putting cash in. He's letting management raise as much as they can on their own, as per agreement and when they are out of bullets he'll converts his notes and take everything. That's how he plays the game, he doesn't share with investors, he takes all. He won't leave enough money to buy a ham sandwich when he's done.

Still above a penny, amazing....

I actually made money on this when it popped into the .40's. I still question the billionaire making anyone money but himself. The reason, look at the HEAD investors, no one made money [except] the billionaire when HEAD went private. There's no question "he knows how to make money" the problem is, he doesn't share any of it!

$41,000,000 worth of trades is more than nothing I'd say. First day after split (with Bitcoin up too) I think will see a 10% pop in the price.

Bankruptcy is the most likely path for this deal. This way Mr. Big will have 100% and no stockholders. That's about what the stockholders got in HEAD, nothing!

Maybe, but if you like bitcoin this is one way to get in cheap.

Isn't there a billionaire investor involved in TMPS who makes people very rich by just the presents of his involvement in the deal?

Sort of like the crumbs that fall from his pockets make investors rich. Isn't that the credentials he was represented to be when the stock was in the .40's?

Please don't delete this, I would like some feed back on this post!

I made 300% on this in 2017 (bought in 2016 and sold in 2017) I've been waiting for the right moment to buy again.

If Bitcoin goes up "big time" GBTC will go up as well. I think with GBTC splitting it's a no-brainer.

1,915,200 Issued (pre) split
174,283,200 Issued (post) after split

For every share you own it will increase by 91. So, if you own 2 shares pre split you will own 182 shares post split.

https://grayscale.co/bitcoin-investment-trust/

This still has not done anything rewarding for investors.

Loser Management's do that type of financing

Interesting.....

The convertible note can convert at any time (all or in part) by the holder of the note. The company has to come up with $6.2 million plus interest by April 2018 (all or in part). but the note has to be paid off or extended.

Buy 144 stock at a discount they need the cash!

From the 10-Q June 30, 2017 note#2

The Company’s consolidated financial statements have been prepared assuming that it will continue as a going concern. The Company has suffered recurring losses from operations since inception which raises substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty .

The Company’s ability to continue as a going concern is dependent on its ability to generate profitable operations in the future and/or obtain the necessary financing to meets its obligations and repay its liabilities arising from the normal business operations when they come due. The Company continues to explore possibilities for raising both working capital and longer-term capital from outside sources in various possible transactions. These plans, if successful, will mitigate the factors which raise substantial doubt about the Company’s ability to continue as a going concern. Nevertheless, whether, and when, the Company can attain positive operating cash flows for operations is highly dependent on the commencement of new contracts and the timing of their commencement. There can be no assurance that the Company’s cash flows or costs of operations will develop as currently expected.

https://seekingalpha.com/filing/3682192

What does going concern mean? Here ya go...

http://www.investopedia.com/terms/g/goingconcern.asp

Ps. The company needs cash according to the 10-Q (going concern). So for all of you who want stock under bid, 144 paper is available in the company. You just have to hold it for 6 months or wait for a registration statement how good is that!

So pass the Hat....

When I used exercise Big Blocks of cheap paper. I'd use market-makers they would use their own capital and I just give them a little bit better of a deal in commissions. So more than likely it's cheap paper blowing out.

Very good article, very informative, the only thing I would suggest is to add:

"Basic shares and fully diluted shares are different types of methods to measure the amount of shares investors hold in a company. Basic outstanding shares include the stock held by all company shareholders. Fully diluted shares are the total number of shares if all convertible securities of a company were exercised."

Then do basic and fully diluted market capitalization. This is been my argument with 90% of the people on this board they all want to talk about the basic shares structure and the fully diluted cap table paints a picture that is 3 times different.

That would be common sense because of military secret air refueling missions when they need to help assist destroying bad guys.

Ps. Mike you're the one who wrote the article in onethefloat that should have been covered in your update.

Well I guess we don't need Homeland Security or why even bother declaring anything above $10,000. Why even have clearances in the first place, oh I see, "if it's an American company you don't need to worry, is that your DD on this?

Has anybody asked the management about this particular issue of having a foreigner own and control 80+% of the shares?

Plus I quoted the government's website

Can a foreigner get a top secret clearance? No!

Being that the company is now owned and controlled by someone who is not a US citizen this should be a question....

Can non-US citizens obtain securityclearances? No. You must be a US citizen in order to be granted a security clearance; however, foreign nationals may be granted a Limited Access Authorization (LAA).

https://www.state.gov/m/ds/clearances/c10977.htm

Where is the agreement that tells you what's going on. Don't need someone saying "it's going to be far far above $0.52".

They should have made it a dollar instead of $0.52 this way they could have came off as geniuses........ let's just see the contract terms!

Well maybe they can ask you for the money they need to upgrade the planes

The modification work still takes money it's not free and it needs to be done.

Keep in mind the aircrafts still need cockpit updates which are going to run up to half a million each aircraft.

Ok if those words work better for you the Royal Air still wants out and they are down sizing that space and would rather hire private services when needed.

Look at the $6,200.000 convertable note in the 10K it converts at .08 cents.
That is 77,500,000 shares so go try in obfuscating the issue.

From what I read it was a rent vs own issue.

Tempus Applied Solutions To Acquire Ex-Royal Air Force Air-To-Air Refueling Aircraft.

The word (Ex-Royal) Air Force. Big difference than Royal Air Force Ex means use to!

I haven't seen the agreement but I can assume they're idiots.Why would anybody in their right mind would accept $0.52 when the stock is trading below that. And don't say because of the billionaire nobody cares about the billionaire in business they care about money in their pocket!

So that tells me you got to see the contract.

The company has issued so much stock at this point they have to increase the authorized shares so they can issue more. And nobody wants to discuss it on this board which really shocks me. It's almost like the people on this board are just trying to pump it.

And most likely a moderator will this message.

And, Investors waisted their time (HEAD NV)

Bingo!

I like the one that people use on their resume "I attended such and such university" which translates to, I never graduated!

When has TMPS ever bought anything for cash? As it stands now TMPS has to increase the authorised so they can issue more stock or warrants or options to purchase or inventive shares.

Do you get the drift?

If I'm an employee working at Omega which is a private company. I have no upside besides my 401K. Now TMPS comes along and offers me shares which trades publicly I might switch companies doesn't mean it's the right move only time will tell.