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Are you serious? It's the same principal with all stocks, big board and pinkies...show me a link explaining that the OS of a big board stock is different from a pinky. With all stocks the OS is the combined total of freely traded shares by investors coupled with the restricted shares by insiders, not to be confused with the AS. The float is solely the number of shares traded by the public...so if 700mil shares are reduced, the restricted shares certainly aren't going to be reduced lmao so obviously a reduction from the OS effects the float lol those are the shares being traded on the market...do you not understand the OS is both the float and restricted shares combined...? If the restricted shares aren't being reduced, it should lead you to believe the shares that the public trades freely (which is the float) will be reduced.
The OS is all the shares issued as common stock to the public as well as restricted shares...if you remove 700mil of those shares or more, it's going to effect the pps. The float is nothing more than the shares that are freely traded in the market by the public so actually your wrong. A reduction will more than effect the pps...if it doesn't then explain why in other situations, the pps will run 100% and in some cases as high as 1000% if a reduction from the OS doesn't effect the price? Lol the OS is made up of the shares traded on the market, you subtract 700mil of it which leaves less shares on the market, you don't think it will effect the pps?
I agree with you bud and even possibly in the near future...with all the attention here, this could possibly run like VPO* before the ticker change...mfr ran from .0006 to .41 in 3 months last year, having almost an identical share structure and with revenue projections of 1.7 mil. Not saying this will fly that high but we will see some fire works soon if the Bulls can remain in control.
The AS is 4.5 billion. Those shares aren't even apart of OS and have no effect on the share price until issued.
At the end of the day, TPAC is receiving a whole lot more attention on the eve of a 700mil + share reduction...stocks easily run 100% or more in a day on share reductions of 200mil or even less, I have never heard of or seen a stock tank after a reduction. Considering the reduction will be at minimum 700 mill and possibly more, TPAC may run harder next week than any of us may think and it makes sense why all the negative attention is here. If this stock was truly a pos and the Q mattered, no one would bother, all the longs would have sold and left the board already...yet over the weekend we're seeing more posts than when the market is open.
I'm willing to go out on a limb and say the OS is smaller than that now considering this update was on May 31st. I'm willing to say the OS is either dead on 2 bil or a little under that considering the 200 mil+ volume days with buys out weighing the sells. This week will definitely set the tone going forward.
Can someone please sticky the business plan! Very detailed and informative for future and existing share holders!
I was referring to CEOs tweeting...
Not really considering that CEOs of big board stocks do it too...
The float is almost 3B...?
http://www.otcmarkets.com/stock/TPAC/profile
Apparently this "pig" has wings lol explain how the pps goes from .0001 to a high of .0014 in under a month if the float is bloated...? With all of the accumulation considering all the high volume days with buys out weighing the sells, I seriously doubt the OS or the float resembles anything close to the recent update as of May 31st. Considering the reduction of 700mil + in shares, that's going to be a huge attention grabber and soon the float will be locked up (not to mention the the $2mil share buyback coming soon with no more dilution)...I'm not the brightest tool in the shed but I'm sure you could have figured that out on your own. If making money is your aim, I hope you got your shares...
Wow...that's a very realistic and doable evaluation, I couldn't agree any more. Well stated!
The company wasn't even profitable when they were in the funding phase yet the share price was at .25...so with a 700 mil reduction in shares and a $2mil buy back, it's clear profits don't necessarily affect the share price here so just imagine when revs come in where the share price will be...they had no product yet they were at .25 lol TPAC is a no brainer. Better to get in now before revs come out, we saw what a rectified share structure will do for for the pps with no revs and their actively repairing the share structure back to those .25 levels before revs come in.
I doubt the influx of followers makes TPAC look good lol that's the point. For serious investors it does more harm than good for a CEO to buy followers to make the company appear as something it wasn't so clearly it wasn't Bill or his wife...somebody bought and is still buying followers for Bill and it isn't him or his wife...
He already cleared it up a few days ago lol and apparently another few thousand followers were bought for bill...I'm sure he would rather have real investors or people interested in the aerospace industry as followers over random Twitter eggs and people who don't even look like investors. Bill clearly isn't doing this or his wife...
It's also possible for others who don't own the account to buy followers for him as well to discredit him...
http://www.adweek.com/socialtimes/buy-followers/466967
There's plenty of DD to explain how followers can be bought for an account even if they don't directly handle the account...makes sense to me, the account was fine with 198 followers but all of a sudden when he's on a 14 hour flight the follower count goes from 198 to over 50k. Clearly he isn't worried about Twitter followers.
Actually he didn't buy followers...he cleared that up a few days ago. How could he have done that while he was on the plane for 14 hours...?
Yea, I'm an idiot lol
Really is if you ask me, I have full confidence in Bill and the reduction will do more than further solidify his reputation.
Exactly lol but I did foul up today, I underestimated the power of the Bulls here. I sold thinking this would go lower hoping to get more shares and ended up having to slap the ask to get back in...lost 638 bucks but hey, that's what I get for getting greedy.
You do realize it's a 700 million share reduction and not 700,000 right? Lol
Bill delivered on everything else he said he would do, why lie now?
700 mil plus...
The bleeding has been stopped which shows it was a short attack or flippers with shares to sell at a loss to drop the price...trust me, I was one of those idiots who sold and tried to get back in cheaper THINKING the price would go lower...I'm back in of course because you don't wanna be caught without shares here next week, had to slap that ask though but that's the price you pay when you get greedy and underestimate the power of the Bulls here. Go TPAC!
Exactly! You beat me to it! The reduction happening this week was always based on the Q, because of the late filing, that's why it was pushed back.
Longs here already knew the Q wouldn't be great. The facility just became ready for full production early this month, nothing has changed about 700 mil plus reduction, nothing has changed about the ongoing effort to close those acquisition deals. You guys are forgetting that all this debt is money that went into the business, we know where the money went and that's HUGE. How much money do you think goes into building an operational facility? Or goes into USNAVAIR qualifications? Bill has been very transparent with us so far, and that is unheard of. There's more prs to come next week coupled with the reduction, those who sold will cry later. You can't beat a company that files when they say they will and that's transparent.
Oh is it coming! Possibly more if Bill can deliver on the acquisitions.
No doubt haha! That's what I figured and I'll let you know after I hit my price target lol
No 8k, the 10Q and that is to be filed tomorrow, the reduction may or may not take place tomorrow but Monday at the latest.
Down trend...? Did you see the share price at close? Doesn't look like a lot of profit taking, on the highest volume trading day there was dumping and profit taking and we traded over 700 million shares and closed at .0006...the volume has dried up and the pps has broken trips SO actually the drying up of volume is a good thing if you consider over 200 mil in volume LOW volume haha!
Normally for a stock to be pumped they would have to pay to pump it, yet TPAC has not been alerted by any penny stock pump service. First they have to have news to pump to get investors excited...so where's the news...? I must have missed it lol second, the CEO hasn't pumped anything on the TPAC Twitter page...I don't get it. I guess we all missed the pump or maybe it's just me...or maybe your on the wrong board, just MAYBE. Everything the CEO has said he would do has been done or is in motion as we speak...normally a pump is just that, a bunch of talk with no follow through and so far, his track record is 100% follow through...
Yea and how long does it take for an AEROSPACE company to be up and running for business from the ground up...? Considering the funding and qualification phase by NAVAIR...? It takes years lol
Well did those notes they paid off convert? You obviously can't use Monopoly money to pay off a convertible lol
TPAC record?! They paid off 2 of 3 convertibles they were able to reach an agreement on lol only 182 mil shares were dumped that were immediately absorbed lmao have you seen the share price lately?! The recent convertibles barely effected the share price lol get out of here! If anything, TPAC has a record of having the funds on hand to pay off convertible notes if an agreement can be made...their biggest note paid was Asher, now that's a big deal...something a company with no money can do lol 2 out 3 deals made to pay off down sounds pretty darn good record to me!
Exactly, we should all know the Q won't be great. The production facility just got up and running as of June. Consider that in the funding phase, the share price was at .25, once the conversion dates hit, that's when the price dropped...now consider that the company is up and running now and there's no more convertibles. Also, if the company was at .25 a share in the funding phase when it was still at the developmental stage, NOW is when you want to get in before they become profitable. A 700 mil + share reduction commencing as of next week at the latest, coupled with a $2 mil share buy back, this will be past .25 real soon especially once revs start coming in. The military qualification of the bearings is why I'm loaded here...that's a pretty BIG deal and I rather get in now before the revs come in.
Will be paid off, your definitely correct but Bill said over the conference call that would be have to take an act of God to prevent paying off the last note and note in those exact words lol no more conversions and he also stated he's not taking on any more convertible debt for funding.
Excellent post! Your always spot on!
It's ridiculous what lengths people will go to slander a persons character...
Indeed and I agree whole heartedly with you bud. It's good to know what you own.