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This has to be a separate contract. If I remember right, as soon as OAR launched its protest, an 8k was put out saying basically 'cease and desist' even though TMPS was never paid anything on the $121m deal. Also, the contracting officer is different FWIW.
'Substantially exceeds' $32,500,000 per year according to Omega's legal counsel/GAO protest filing.
Yeah I agree 200%. The nay sayers can feel free to shop elsewhere.
Yeah we get that. The exact same thing has been 'just said' a few bazillion times. Its old already.
We know for fact that Tempus is MUCH BIGGER than this current joke market cap, and so do these pinksheet MMs. Everyone involved knows what time it is here, WITHOUT a new Navy contract this should be way over $1.
LOL its been a long time since we've seen a spread of .0001 on Tempus. That was funny.
Funny how that happens on no news. And then ,,,,kaboom!
Glorious. THANK YOU AJH92! You da man. With the details from that report, I would be willing to bet that the next contract we see will dwarf $121 million.
All true. The only remaining question I have, is why are these pinksheet MMs effectively 'freezing' this joke at trip5 x trip6 when it should be going to no bid x trip1?
IMO they are trying to preserve the scam for future fleecing. Once they pull off the RS, it will go straight down. These scams always do. IMO its not gonna hold the new price.
Just saw the explanation part, my mistake then on the original post. Still, what/where is the s4 rule that says you have to report this if its simply a 'tax withholding' set aside? Just googled it and cant find it. Not that they follow their own rules, or apply them evenly anyway, but how is it that they 'demand' an s4 be filled out when an insider isn't 'selling in the open market'? Shouldn't that require another box rather than 4/A or D? If the shares are being 'withheld',,,,how in the hell does that qualify as 'DISPOSED'?
LOL you better learn how to defend it instead of throwing out generic BS.
Im sure you and the other sheep here will start spinning like a top and making excuses for it. Enjoy your JCPQ while it lasts. Shorts win here, bigly.
CEO dumping @ $1, BAD NEWS! SEC FORM 4 is out. Soltau must not be feelin it like you bags are, dumped 737,765 (D)DISPOSED, 10/18/19. Not exactly a ringing endorsement, even though this says she still has 8m. But, what the hell, it was probably company gift money she bought with anyway,,,right bags? Remember Myron and Marvin? LMAO!
LMAO imagine being dumb enough and brainwashed enough not to see it and admit it for what it is!
That's because TIMMAH! keeps dumpin.
100,000,000 MILLION DUMPED holy shit! These frauds made sure there were enough bids to hold .0005 before they unloaded! LOL WOW!
Oh well, that's $60 grand. Thirty for terrible Timmy, 30 for Dumpin Donny. Not bad for a days' scamming.
LMAO this might be the most pathetic attempt at a pump job yet! The scam 'PLANS TO SUBMIT',,,not WE WILL SUBMIT for review imminently. WE PLAN to,,,,LMAO pure scumbaggery.
LongCA, that platinum tidbit you just posted, should have people rushing in hand over fist. Its almost as if the Navy is begging new 'certified' players to come into the refueling space. The Navys sense of urgency is undeniable. 'This support is critical' to provide AAR services to USN Fleet,,,
They are also telling us what the market already knows,,,ie AT THIS TIME, OARS IS THE ONLY blah blah blah approved (ancient fossils though they are)
aircraft with IFC.
This makes total sense as Omega went on and on about this in the GAO protest legal briefs. Scary in my opinion, as its almost verbatim. To me this is the Navy calling Omega's bluffs once and for all. We shall see.
Kudos to AWE for finding this new news.
Yup, the corrupt crybabies get their welfare hush money IMO.
stat, when a welfare rat is hooked on the drug of big government like the dying dinosaur fleet, IMO its how such a rat would respond every time. They had to use scorched earth and 'fire everything' in hopes of keeping the DoD gravy comin. They know once the government contracts dry up, they are history.
Knowing all that, IN MY OPINION it was still pure scumbaggery no matter what. Attacking Terry and Officer Silverstone personally went way out of bounds. As I said it was CLEAR, TACIT blackmail in my opinion, almost an open threat of tying the contract up for years in the Court of Federal Claims if they didn't get their way.
Lets see how many more new DoD contracts they get from here on out. When a rabid dog bites the hand that feeds it,,,,,well ya know what happens.
pennyparasite, have you read the GAO protest filing by omega's attorneys?
Clearly not, or you would not be making a total ass of yourself for the umpteenth time.
If what you say is true (which its not), why did they have to go after ST for a totally unrelated personal legal matter, just in an attempt to discredit TriStar?
Keep in mind, blatherboy, that Officer Silverstone and the SBA DISAGREED with Omega's weak size protest against TriStar, and declared TriStar a SDB.
That's a 'small disadvantaged business' for those of you in pennyboys lemming crew.
You could say that the sleazy shyster card (tacit blackmail/extortion IMO) worked this time, but in my opinion they have shot themselves in the foot forever. Lets see how many future refueling contracts they get after this slimy stunt they pulled.
Clearly 'the Johans' cant go all medieval about this contract, or perhaps even a new contract. This 'sit and wait' mode sucks ass, period. Now that we have seen omega is going to cry and bitch and moan about anything TMPS wins, it seems they (Johans/Tempus) have chosen to just stay silent no matter what.
That said, there are many other ways they could be helping out their investment/our investment with very little PR effort. What does it cost to put out a fluff PR with some generic pump statements like 'we are currently working on up to date audited financials', or 'we are working toward relisting on NASDAQ', even if they aren't? Just some innocent fluff that no one can deny or disprove. Just something to show us they're still in the game and not in total ostrich mode, doing the absolute bare minimum on the PR front.
Spock, take it easy man, I feel your pain. At this point, refer back to TOS 'A piece of the action' and advise Bela Okmyx to keep dialing. The gangster pinstripe brown suit is entirely up to you, as is the Tommy gun.
Todays 8-k is yet another nothing burger, its nothing new, its a non-event.
The trading today proves it. SO far, 4314 shares. Yaaaaaawwwwwn. Yes you have a right to be pissed and to vent, just don't go all JoJo Krako on us just yet. Lots more to this story.
.175 x .22. SSDD.
Lets see what 'multiple contract awards' the Navy comes up with. As far as I know, no new announcements from the September 12th thing. The demand didn't go away, its still there and the Navy has to address it somehow.
IMO there are many ways around the entitlement shysters. Think outside the box. The Navy could buy TriStar to get those planes if they really wanted to. Hell, I bet they would buy Tempus for the current joke valuation of $6.2 million cash if they could! LOL no way the Johans would take that.
Navy/DoD has already shown us they want those TriStars refueling fighter jets. I guess they didn't know the flying fossil fleet would turn into the desperate welfare rats that they have IN MY OPINION.
AJH please weigh in on this with your inside expertise, the board could use your opinion, as always. TIA
Yessir it would. Ive been saying that all along. The Johans seem like they are not very shareholder friendly, and I think all longs would agree that to date, that is 100% true.
However, that could change in a blink. They have billions, we all agree you don't get billions by being complacent. At any time they could surprise us with a PR saying they are getting current financials audited, in anticipation of NASDAQ small cap application/relisting. If that happens,,,,,goodbye naked short sellers of TMPS.
Tempus would quickly shoot up to a realistic market cap (over $1 easily), and the Navy contract would become the non-event that it already is IMO.
Keep in mind shorts, you are on borrowed time no matter what. Tempus has revenue that SUBSTANTIALLY EXCEEDS $32,500,000 without TriStar, and TriStar adds at least 6 L-1011s they got for a song and dance. Tread lightly.
STILL a diamond in the rough. Lets digest the basic 'nothing new' 8-k.
TMPS was already priced for Armageddon without the Navy contract.
Litigious minded longs, help me out here. Read the 8-k carefully.
"The contract award was subsequently protested and as announced August 22, 2019, the Navy informed Tristar, that a decision has been made to take corrective actions and the Navy intended to cancel the contract."
Yippie. Nothing new. Now here come the coffin nails IMO, that could work in TMPS' favor if the Johans are willing to get off the deck and do it.
"In a letter dated October 8th, 2019, the Navy has informed Tristar that as a consequence of litigation related to the Government’s procurement of this contract the Navy is de-scoping the entire remaining effort under the contract and no further work will be performed under this contract and all existing task orders."
'as a consequence of ligitgation related to the Government's procurement of this contract the Navy is de-scoping' the entire remaining effort....
The litigation is clearly the scorched earth GAO filing by the entitled mentality 'incumbent provider', no need to mention their name we all know who it is.
THIS is where Tempus needs to step up! IMO they should file a mega-counter suit against the incumbent boys for anything and everything they can think of. Defamation,,,,OAR legal counsel clearly dragged Scott Terrys personal legal problems into this, they were in the GAO filing. IMO pure scumbaggery. The SBA and Officer Silverstone BOTH DISAGREED with 'the incumbents' and said that TriStar was indeed a SDB (small disadvantaged business for those that don't know).
It was here that I believed we were given a huge golden nugget, although pink sheet trading thus far hasn't shown it. It was here that OAR legal counsel declared that TriStar was NOT a SDB, because its parent (Tempus) has revenue (we can only assume they were referring to gross annual revenue, it did NOT say per se) that 'substantially exceeds $32,500,000.' IMO this is one big reason the MMs don't have a huge appetite to dump this into low pennies, and its still hanging around 20 cents. Bottom line, Tempus is way bigger than a joke $6m market cap, and Dr Terrys personal legal situation had NO PLACE in a GAO protest filing against Tempus/TriStar!
How about a serious 14th Amendment violation? The SBA and Officer Silverstone said they believe TriStar is a SDB. If so, it looks to me like their small disadvantaged status was just clearly trampled and steamrolled by OAR and its legal counsel. Sure as hell looks to me as those TriStar was 'less equal' than OAR, since the Navy is now admitting that the litigation is why TriStars award is being canceled.
Im sure there are a few more things that a crafty attorney could find to use against this BS OAR protest filing, its long and full of crap IMO.
Will read the filing again and address this further. For now, TMPS trading as if this is the non-event that IMO it is.
DE--SCOPING,,,,curious choice of words by the Navy. Notice they didn't say 'ENTIRELY ELIMINATING'. They use the word 'de-scoping.' Hmmmm,,,,perhaps they plan to wear down OAR and its counsel, until they have nothing left to whine about? Maybe, maybe not.
Keep in mind we have heard nothing from the September confab! This 8-k addresses only the April contract. Stay tuned.
Thanks Lag, TMPS is already bottom barrel priced without the contract. No selloff on the news, as IMO its already priced in.
In fact the ask at .23 was just hit lightly.
Good riddance insider boy. Don't let the door hit ya on the way back to the mail room. Stop by the spell checker on the way out.
LMAO OMG that is FKN WEAK! Maybe the PR department needs an erection! LOL wow what a joke.
More great news for Boeing. Cracked wing support, sounds like the same thing that caused Omega to crash one of their flying fossils & then get a Mulligan from the NTSB by blaming the 'previous owner.' What a corrupt crock of sht. I don't think the L-1011's have ever had this problem, maybe the Johan should pipe up and let us know wtf is going on?
https://www.msn.com/en-us/money/companies/boeing-737-ng-faa-inspection-finds-wing-support-cracks-in-36-planes/ar-AAIxGh1?ocid=spartanntp
Oh BTW pennyboy, I forgot to ask,,,,whats a 'dElute'? LOL
LOL the REG FD violating dipshit! Spewing his ad nauseam 'dilution coming!' bullshit for the millionth time. He's batting .0000000 with that one.
Charlie Browns insider trading teacher is back again. Waah wah wahhh waaaaaah.
Hey penispincher how are things at the flying fossil fleet mail room?
Current market cap remains a sick joke WITHOUT the Navy contract IMO. TMPS at 20 cents,,,,wow. Just insane low. We know that Tempus is much bigger than a $6m company thanks to OARs attorneys.
Oh gee, my mistake. Tempus at 20 cents is a whopping $5.2 million company! lol unreal
Glad to see we're finally getting some action. TMPS bid up, Ws with a small sale and catching a small bid. At least its something while TMPS continues to run dark on us.
Some light action today, anyone know anything new?
Good luck with that 'SEC doing the right thing' there I-boy. Let me know how that works out here with your bankrupt joke. Instead of giving advice, why not take it and buy some of those awesome JCPQ ccc- bonds, and move up the bankruptcy waterfall?
LongCA, that's more excellent DD, many thanks!
The constant dilution with no transparency, makes it a scam. Sorry but this has become a share printing scam.
Scams do pop, it looks like they are setting it for another run-up IMO. These MMs may have finally told Timmy to take his foot off the pedal for a week or 2 and let it breathe.
Not looking that way today. Algo's keep re-upping at .0006 for whatever reason. Longterm this pig is toast, but for today MMs keep trying to make this joke pop.
Maybe terrible Timmy and Dumpin Donny are floating rumors about their non-existant (in my opinion) ghost peer review that they keep holding out as the holy bagholder grail.
I think they may have a Friday Fluffer PR comin today.
Ummmm no, but your $1 weekly call sellers did just dump another 966 calls that will be worthless in a few hours. FWIW. New sheep filing in for slaughter.
LMAO laughable. IF bankruptcy 'isn't going to be part of the anticipated talks' then why did they bring up, again??!!! LOL what a total fkn con job scam, along with their media lapdogs.
Let the bondholder begging begin. 'SOME' have said they will sign non-disclosure agreements, for whatever that's worth. Wow.
After the new algo chasing sheep are effectively shorn, back to reality.
CCC- with downgrades continuing as the insolvent pig continues to circle the drain.
AND just like that, the 5 cent fraud pop to 87 cents just vanished. POOF!