Suuuure. Yet any event or airport you go to it's packed with Lyft drivers, not to mention all the activity after dark. As long as there are drunk driving laws, there will be Lyft drivers. I bet Lyft has saved countless lives. At these levels, I'm a buyer, and the institutional investors have their eye on this stock because it's CHEAP!

A dollar per gram for Flower One Holdings

The analyst says the scale of FONE’s operations should result in an all-in cash cost per gram of less than $1.00, which he says compares very favourably to competitors that operate smaller-scale greenhouses and indoor operations. Once Flower One reaches scale, McLeish says that it should be generating EBITDA margins above 30 per cent. (All figures in US dollars unless noted otherwise.)

“We had been applying a 10x EV/EBITDA multiple to value Flower One to take into account the execution risk associated with building out a successful large scale greenhouse operation. However, this execution risk has been mitigated as evidenced by our recent tour of the NLV Greenhouse. Additionally, the closing of the C$57.5 million convertible debenture financing and the recently announced licensing agreements and brand partnerships will help to underpin our financial forecasts through 2020. As a result, we are increasing our EV/EBITDA target multiple to 11x from 10x,” says McLeish.

The analyst is calling for fiscal 2019 revenue and EBITDA of $134.9 million and $45.1 million, respectively, and fiscal 2020 revenue and EBITDA of $251.1 million and $90.6 million, respectively. McLeish is maintaining his “Buy” rating and moving his target price from C$5.50 to C$6.50, which represented a projected return of 117 per cent at the time of publication.

Come on, dude. Tristar (USA & UK) are subsidiaries of TMPS. They’re not going to give up their equity. All revenues roll up to the holding company or TMPS.

Maybe TRISTAR AIR UK LIMITED was set up to go after an opportunity like this:

https://www.theparliamentmagazine.eu/articles/opinion/eda-and-nato-look-ways-work-together-air-air-refueling

Recent development.

TriStar Air LLC very recently created a subsidiary called Tristar Air UK Ltd. It looks like it was incorporated August 2019.

I think we could see some other opportunities develop sooner than we think.

Pre-Solicitation - Posted Jun 26 2019, 10:20 am

AIR REFUELING RFI - ROUND 2
The United States Transportation Command (USTRANSCOM) Acquisition Directorate (TCAQ) is conducting a second round of market research to determine the feasibility and capability of a commercial outlet to augment our current air refueling capability. More specifically, the timelines, cost, liability and requirements to support the development/delivery of a commercial Air Refueling (AR) capability to complement the Department of Defense's (DoD) current Aerial Refueling tanker fleet(s) which is used to support the DoD (All Services), Air Mobility Command (AMC) and USTRANSCOM requirements.
This announcement is a Request for Information (RFI) for informational and planning purposes only. THIS IS NOT A REQUEST FOR PROPOSALS OR SOLICITATION. WE ARE SEEKING INDUSTRY INPUT FOR MARKET RESEARCH PURPOSES ONLY. PLEASE DO NOT SUBMIT PROPOSALS IN RESPONSE TO THIS MARKET RESEARCH. Proprietary information submitted shall be appropriately marked. Please note USTRANSCOM will NOT be responsible for any costs incurred by interested parties in responding to this RFI.
USTRANSCOM highly encourages responses from capable businesses of all sizes; large and small business concerns, to include all the socioeconomic categories.
Please see attached Market Research Questionnaire (Air Refueling RFI-2) as well as the DRAFT Performance Work Statement (PWS). In addition to responding to the below RFI questions within the questionnaire, request respondents submit comments/input/questions/etc. in TRACK CHANGES throughout the PWS document, if applicable. Added: Aug 30, 2018 1:13 pm Modified: Jun 26, 2019 10:14 amTrack Changes.

https://govtribe.com/opportunity/federal-contract-opportunity/air-refueling-transcom18r013#

Nevada’s cannabis industry has broken a record for tax contributions — more than $100 million in revenue has been collected from dispensaries, cultivators, laboratories and producers in the last fiscal year.

Marijuana tax contributions have increased by 33 percent year over year, from $74.7 million paid last fiscal year to $99.18 million in the 2019 fiscal year, with another $10 million fees on top of that.

I agree, we need to be "real" at this point after the wind was taken out of the sail. Most of my answers below are speculative.

1. Why did the Navy cancel the contract?. No idea. Omega may have been successful with raising the concern that TMPS could not handle it all. I think a new contract could easily be split between Omega and TMPS, and I actually think it's headed that way. To be really far fetched, I could see Johan Eliasch proposing a merger or he may even look to acquire Omega

2. Is TMPS re bidding? I know they were looking at some cargo opportunities

3. Is/Has TMPS bid/bidding on any other contract. IF so provide the solicitation #. They may choose to not go the DOD route

4. Who is the CEO? I don't believe a CEO has been officially appointed, but I'm willing to bet that Johan x 3 want to recoup their time and money, they are leading the charge

5. Why did they stop filing 2 years ago and when will they file again? The private and public side were so intertwined, it's taken a very long time to unravel. There were a lot of cross guarantees, which became problematic when Jack Gulbin's side collapsed and fell into trouble, this is when Johan Eliasch stepped in to provide cover fire. However, I don't think he realized the magnitude of it all. I also think Scott Terry had to remove himself from the company because of all the legal issues that transpired.

6. Why is the phone off if this company is doing business? I do find this concerning. However, they probably had retail investors and disgruntled business associates from Jack Gulbin's side clogging up the phone lines. If the Navy contract went through, I was anticipating a lot of changes to the overall structure, maybe even a name change

Ride sharing has disrupted the entire transportation industry and it is here to stay. Comparing Lyft to Groupon is ridiculous. Lyft's Q1 2017 revenue was $172 million and this last quarter it was $867 million. They'll generate over a billion dollars a quarter in the very near term and they'll probably do over $5 billion in annual revenue by 2020. They're also showing a lot more progress towards being profitable.

Get ready to cover because this stock is getting very cheap. Money managers will be looking to enter or build upon their position shortly based on valuation alone. Growth stocks like this don't stay down for very long.

Multiple Award Contract (MAC)

Very interesting indeed.

You couldn't be more wrong. He had the chance to convert his note and didn't, they've been consistently filing an 8K on any major development, he's provided additional capital. If he wanted to steal hubcaps, he would have done it a long, long time ago.

I'm not 100% sure, but I believe the GAO should release a full report publicly on their website. However, I'm not sure they'll do that due to the fact the protest was dismissed. Here's one that involved Tempus Jets, which is on the private side.

https://www.gao.gov/products/D15072

I think one person who gets overlooked is Johan L. Claasen, or Johan #2 as I like to call him. He has 7,563,770 shares, and his company recently revamped their website. Check it out:

https://claasengroup.com/
https://claasengroup.com/aviation-experience/


I don't think the fat lady has sung based on the strength of the following individuals:

Johan Eliasch
Johan Claasen
Johan Aksel Bergendorff


That's quite a line up for a $0.15 stock.

My opinion is that it's doing as much good as calling the NFL because you didn't like the way your team called the plays last game. For all we know there's another contract being written up right now.

A bunch of retail investors calling the Navy or GAO is only going to make the situation worse. Just my opinion.

Unbelievable entry point right here. They have one of the, if not the best grow facility in North America. Top-notch management team, obtained debt financing (no equity), which means a lending institution really believes in this company, and they are in the best market, which is the Nevada market. Good luck getting this price again after their next earnings report. Just listen to their conference call, very upbeat.

I don't think it's shady, they've been filing an 8k consistently on any major development. Could they be more transparent? Sure, but TMPS was a disaster before Johan Eliasch stepped in, and I think most investors realize that this is a high risk turnaround story, most pinks are. Based on the consistent 8k filings, I think it shows that TMPS is actively being managed and they're working towards growing the company, they just need that first big push to help them clear the runway. So far it's been very challenging to get up to speed, which is understandable considering TMPS is being held back by government bureaucracy and continued delays/roadblocks.

EDA and Nato look at ways to work together on air to air refueling

https://www.theparliamentmagazine.eu/articles/opinion/eda-and-nato-look-ways-work-together-air-air-refueling

There are really only two main questions at this point:

1) Does TMPS quit and fold up shop?

or

2) Does TMPS continue to seek opportunities and grow the company?


I'm going to go with option 2 based on the fact that the private side (Tempus Jets) is still in business and bringing in revenue. Tempus Jets also has a Federal Aviation Regulation (FAR) Part 145 Repair Station Certificate. If it wasn't for this, I'd be worried that Johan Eliasch might second guess things, although that notion is still in the back of my head. However, an extremely successful businessman like Johan Eliasch doesn't just quit in my opinion, they reevaluate and swing again. What has transpired hurts, especially for us longs, there's no doubt about that, but this stock is back to $0.15, and nothing has really changed from an operational standpoint. The only thing that's changed is the opportunity itself, and I'm willing to bet that another opportunity will present itself, if it hasn't already. For all we know they're in talks with allied forces right now.

You mention a very important fact about TMPS, which makes it a less risky investment. They're not going bankrupt. They basically have no debt, only a convertible note with the owner. I'm quite certain the convertible note has been extended since it hasn't come up in any fillings, and the owner isn't going to file bankruptcy and put his assets at risk. Agreed, it's idiotic.

Hard to say what's going to happen, but for $0.15 you can find out. All that has happened is the Navy pulled the current contract for reasons unknown. However, we don't know what's behind door number two. I have a feeling that the fat lady hasn't sung. Unless the DOD has decided to do something completely different from a strategic standpoint, there's still air to air refueling opportunities. I agree that what has transpired looks very detrimental, but the facts are still the facts. My only concern is Johan Eliasch. Where is his head at and where does he go from here?

Johan Eliasch (billionaire) is still the Chairman and they have valuable assets that were purchased with equity and not debt. Also, what people fail to remember, is there's the publicly traded Tempus and then there's the privately held Tempus. We know they tried to merge these companies a few years ago but faced some roadblocks, and I also believe they stopped the merger because they wanted the public side to keep its small business status in order to win government contracts.

I'll be keeping a close eye on TMPS, and I haven't completely sold out of my position yet.

I agree 100%.

It sounds to me like this was “termination for convenience” and there very well might be some light at the end of the tunnel. My optimistic speculation is that we could see a split award or two separate awards go to Omega and TMPS. Do we really have to go through this again? I'm not sure I have the patience anymore.

Here's where I'm a bit flabbergasted.

"As announced by the Company May 2, 2019, the contract award came under protest. Following protest dismissal, the outcome was appealed by the incumbent as announced by the Company July 19, 2019."

"TriStar Air, LLC has received a stop-work from the Contracting Officer, as a protest has been made to GAO. The stop-work order will remain in effect until otherwise instructed by the Contracting Officer."

So the above text indicates that Omega protested to the contracting officer and it was dismissed. Omega then proceeded to protest directly to the GAO?

Finally:

"The Department of the Navy has informed TriStar Air LLC that a decision has been made to take corrective action and the Agency intends to terminate the air-to-air refueling contract awarded to TriStar Air LLC, as announced by the Company April 24, 2019."

So the above text indicates that the Department of the Navy disagreed with the contracting officer's decision, made the decision to terminate the contract, which in turn made the GAO make an academic decision and dismiss the protest?

Anybody following me here? What the F has transpired? What options does TMPS have? Can they now move forward with their own protest? All this seems quite odd. Could the Department of the Navy essentially split the contract and draw up two new contracts that gives Omega the West Coast and TMPS the East Coast? This just isn't adding up after dragging this thing out for sooooo long. Where's the resolution???

That's my interpenetration. The GAO got out of the picture by issuing a dismissal. Basically, we're back to square one. I'm not worried that there aren't other opportunities available, what I'm worried about is Johan Eliasch and where his mind is at. This is where a conference call would be of upmost importance. I'm still holding some shares because my costs basis is so low, but we're back to the blackjack table as opposed to an emerging growth company. I still think Johan Eliasch has some fight in him based on the CEO mentality. Some people will give up, but most successful people never give up, and actually swing harder at the next opportunity. This could be a HUGE buying opportunity, but I fully admit that the wind has been taken out of my sail.

It will be interesting to see if something shows up on the DOD contract announcements today with an asterisk.

I don't want to spin this too much, but I have a tiny bit of hope left.

"The Department of the Navy has informed TriStar Air LLC that a decision has been made to take corrective action and the Agency intends to terminate the air-to-air refueling contract awarded to TriStar Air LLC, as announced by the Company April 24, 2019."

The GAO dismissed the protest as academic based on the Department of the Navy's decision.

What we don't know is what "intends to" means. Intends to terminate the contract completely? Intends to terminate the contract and issue a fresh one? Intends to terminate the contract and amend the existing one? Intends to terminate the contract with Tristar and award it to Omega?

What Is Corrective Action?

A remedy agencies often use to avoid or delay bid protests is corrective action. Normally taken when the agency believes it faces a strong protest, corrective action consists of the agency taking measures to correct the alleged procurement defect raised in the bid protest. When an agency offers to take corrective action, GAO will dismiss the protest as academic. For the protestor, corrective action is a win in that normally it results in some kind of re-evaluation of the award.

Challenging the Corrective Action

Various considerations should be taken into account when protesting an agency’s corrective action, not the least of which is that outcomes are highly fact driven. However, some guiding principles exist regarding reaonsableness, scope, and timeliness.

Yeah, the word terminate is not good, no matter how you spin it.

We should have been looking for the word DENY as opposed to DISMISS? Since so much time has passed and we're rapidly approaching the government's fiscal year end, will there be a revised contract??? Does this mean that Omega is now awarded the contract?

There's more to this story. TMPS without a doubt has a contingent plan. The question is can they file a request for reconsideration? This is quite perplexing, digging into it now.

And we're not even to the entree yet! The major news cycle hasn't even begun. The news hasn't hit the publications! I said the other day that buying TMPS under $0.50 was a gift. Now that it's official, buying TMPS under a buck is another gift. Mopping up all that I can.

Absolutely. I see a lot of insider buying in the near future.

Not only will the 8K come, but the official news will hit the news wires, too. TMPS is going to move above a dollar and maybe close to two dollars in the very near term. Also, a lot of people don't realize that TMPS collects between $1.5 million to $2.5 million each month pretty much immediately after the contract is officially theirs in order to become mission ready. Not only that, TMPS has other revenue streams as well and other smaller contracts in place. Now that they have visibility, financial filings are imminent. The path forward is clear and the guess work has been erased. We're at the beginning of the journey. $0.67? Are you kidding me? Thiis thing should and will be sitting at a buck fifty in no time.

Absolutely.

Going above $0.70 this week and then to a buck. The low market cap, low float, and earnings potential/valuation (even beyond the $121+ million contract) are all reasons for the stock to continue its climb, not to mention the chart looks fantastic. $0.65 is still insanely cheap! Bought more today.

It looks like the $121,425,707 contract for aerial refueling services is finally theirs. TMPS was able to overcome a few protest periods.

If it breaks above $0.70, which I'm confident it will in the near term, it's going into the dollars.

$121,425,707 indefinite-delivery/indefinite-quantity task order contract for aerial refueling services in support of the Department of the Navy, other Department of Defense agencies, and Foreign Military Sales customers.

This is just the beginning, a lot of growth ahead.

Johan Eliasch at the helm (billionaire businessman, and the chairman and chief executive officer of Head, the global sporting goods group)

TMPS!!!

We're in the early hours, people haven't even turned on their computers yet. TMPS will be shooting up shortly, this is HUGE news!!!