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Sounds good. This is also the week China's Pres visits the Boeing plant in Renton, WA. China is Boeing's largest customer and I think they are about to cut a joint manufacturing deal. Should be good news for TPAC.
Boeing hosting China's president in Washington state next week. This bodes well for increased need for aerospace parts in the near future:
http://news.yahoo.com/boeing-host-chinas-xi-key-airplane-factory-225105148.html
Is $.0008 possible this week due to outcome of recent discussions in Hong Kong and Dongguan, and more meetings this week?
TPAC will be working with, for or through AVIC and COMAC since these are the large aviation organizations in China.
The Civil Aviation Administration of China mandates that foreign investors may not produce planes in China except through co-ventures with AVIC (Aviation Industry Corporation of China, owner of the XAC/Xi’an Aircraft Corporation) and COMAC (Commercial Aircraft Corporation of China).
More meetings lined up for next week. In Hong Kong now. Will be in Dongguan later today.
TPAC Bearings ?@TPACbearings 1 day ago
TPAC is in the right space (Aero) and the right place (China) at the right time (Now).
Cheers to all the TPAC supporters on this board.
I heard Boeing is moving assembly of 737s to China soon! Should be good news for companies (e.g., TPAC) making bearings in China.
I don't have link yet, but am looking for it now.
Does BOEING need TPAC bearings for its spaceflight vehicles? Looks like BOEING is working for NASA to begin shuttling people to the Moon in 2017. Nice!
http://www.vox.com/2015/9/4/9261613/boeing-starliner-nasa-space-station
When it goes to .002+ then likely to make .005+ soon thereafter.
Here's what traded today, but overall low volume:
Click on "1d" on bottom of chart then "data" on top of chart.
http://www.otcmarkets.com/stock/TPAC/chart
It may have been a slow boat, but it has arrived. Get ready!
Yes, apparently it took 5 years to get to where they are now. My understanding is that some of what they've achieved (e.g., NAVAIR) takes some time. Let's see what TPAC can now do by the end of this year and in 2016.
Agree, but give them a minute to get set up. From what I've seen, they just set up the equipment last week. I think products are coming.
Interesting article. Most of the small companies in this article are in the Seattle area (Kent, Auburn, etc.) This is why TPAC needs an office there. They need to be closer to Boeing by moving to Seattle, WA from Southern CA.
Buffett recently bought a large Aerospace firm in Portland, OR. Boeing is in Seattle, WA, so time for TPAC to sets some roots in Seattle. Proximity to Boeing will do them well.
TPAC's Plan: 1) Deliver orders in as short a time as four weeks versus 32-52)
2) Help Boeing, Airbus and Embraer meet offset obligations to China ($17 billion due and payable)
3) Sole source to China-based airlines and MROs at price points a minimum of 24% less than what they’re paying now
4)Do all of the above while maintaining margins of 70%
Agree, and any news related to supplying parts to the military contractors (e.g., Boeing, Northrup, Lockheed, etc.) building planes will help.
TPAC CEO should attend the 2015 SAE AeroTech Congress in Seattle in September....
http://www.sae.org/events/atc/?gclid=CNWE1cOQy8cCFdKIfgodtUULMw
Will this new bomber need TPAC bearings?
http://news.yahoo.com/contract-u-long-range-bomber-due-soon-air-021115633--finance.html
If I was the TPAC CEO and I was building a company to produce and supply Airplane parts I would target the Boeing supply chain both here and abroad. As I said in a prior post, TPAC should open an office in the Seattle area to be closer to the Boeing action.
Another place for TPAC marketing....
http://www.alibaba.com/boeing-parts-suppliers.html
Has TPAC registered with Boeing yet to be a supplier...
http://www.boeingsuppliers.com/regCo.html
$5.6 Trillion in Planes needed over next 20 years....TPAC better get some parts ready and expand production quickly thereafter.
Perhaps they need to set up shop in both Washington and China.
http://www.bizjournals.com/seattle/news/2015/06/11/boeing-forecast-world-will-need-5-6-trillion-in.html
TPAC HQ should move to Renton, WA to get closer to the action: http://www.bizjournals.com/seattle/news/2015/08/11/as-boeing-increases-demands-on-suppliers-buffett.html
Boeing is going to need a lot of parts in the coming years. They have orders for 2831 737 Max planes:
http://www.bizjournals.com/seattle/news/2015/08/13/first-boeing-737-max-fuselage-rolls-out-in-kansas.html
Warren Buffet is getting into Aerospace to the tune of $32B....maybe he will want TPAC in 3 years.
Here's the article: http://www.nytimes.com/2015/08/11/business/dealbook/berkshire-hathaway-to-buy-precision-castparts-for-37-2-billion.html?_r=0
Who set the trap? This was a no brainer to make sure Timken approved the PR before release. I thought Bill was waiting, so who put on the pressure that he succumbed to?
Well, there goes the confidence. How hard is it to follow protocol and get approval from the other company before issuing a PR? Seems like a no brainer to me. Anyway, we'll see what this means on Monday!
Yes, nice. Almost looked like they were painting $5 with 4 minutes to go. Monday will be interesting depending on the "Timken Clarification" PR and then going into the final payoff of debt. Hopefully after that we can move toward pennyland.
Yes, especially if some more details about the supplier relationship with Timken.
How about a $7 paint job today? Whatever the close is today, Monday will show the cards. I'm assuming all is well, but no doubt this was not the best way for this PR to go down.
Is a $.0007 close possible today? That would show some confidence in this situation.
It will be a vote of confidence if TPAC makes it back to .0007+ today!
Timken posted $3.1 billion in sales in 2014. With approximately 14,000 employees operating from 28 countries, Timken makes the world more productive and keeps industry in motion.
Great partnership for TPAC!
So Timken is the confirmed 3rd Party! Looks like this is the catalyst TPAC needed to enter the big league.
PR expected next week. Per TPAC CEO, they are just waiting on 3rd Party approval. It will be interesting to find out who the 3rd Party is.
TPAC .0006 - Ready for next move up.
TPAC .0006 - Ready for next move up.
Boeing got a lot of plane orders this past weekend at an air show. They will surely need a lot of bearings. I would guess that TPAC will soon secure a PO from Boeing given all of the company activity recently. Don't know when, but seems to be a logical conclusion.