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Hey peoples, did you allnotice this text in the solicitation?COMMENTS, CLARIFYING QUESTIONS, AND RESPONSES:
The Government requests all interested parties to provide comments to the released Draft RFP sections and responses to the following questions. However, interested parties are not limited to the below questions and are encouraged to take this opportunity to ask questions regarding the contracting strategy or other questions, as necessary:
What aircraft and refueling systems do you plan to submit in support of this contract?
Will all aircraft that you plan to support this contract be the same model and refueling system?
What is the amount of time it will take for the vendor to establish capability that meets the PWS requirements?
Also didyou notice this?
Updated Response Date: Jul 30, 2020 11:00 am EDT
Original Response Date: Sep 10, 2019 12:00 pm EDT
Inactive Policy: 15 days after response date
The evaluation criteria point to only one possible bidder unless there is some sale of the planes in the background. More food for thought.
Well in fairness they did win several contracts that were with the Government. Also, even in some very sensitive areas the US Government will allow it under the FAR as long as there are safeguards in place. That is not such a big deal. Now a disbarred person or Company is a whole nother story.
Thanks awe7781
I thought they removed the small business set aside stipulation but it appears to remain. Wouldnt this prevent TMPS from bidding. Also, it doesnt make sense for the Govt. to ake this a small business set aside on numbers of aircraft and dollar amounts of the award.
No but wouldnt a name change have to be run by shareholders or reported in the 8K? I have not received any responses from my emails. As expected. I would love to know who was buying up the shares just before this happened and the buying always stopped shy of the $.52 number. Coincidence?
Thats a seriously real good idea Igor. Maybe a polite email instead to assure the paper trail.
Precisely Nani !
Thats one approach, andsince the man is such an upstanding billionaire I would be OK with him never holding a corporate office in the United States and have this on the record for all to see.. I would rather go straight after whats in his pocket and that is doable also. What you have suggested would not be my first choice and there are others. Point is that I will act rather act than speculate. I would hold my water though till we find out if there is an actual contract and where those planes go. But your plan could be a sound one.....not my first choice though but perhaps.
I have taken the first steps. I will no longer speculate. As was once said...."lead, follow, or get out the way". I have resolved to do my fiduciary responsibility to myself as a shareholder. I will no longer speculate. Actions speak louder than words. I am accepting all help and suggestions and good will.
Not need for certified yet as we must be fair and allow responses. Once we have established any unresponsiveness then we will initiate the next steps. Of these next steps there are many and varied which must be weighed according to the best ROI for me (and shareholders) and the rules of the law. We have many alternatives but at this point none are necessary. For example I put no time limit on my request to their lawyers and to Mr. Eliasch and Mr. Bergdorffer. The next attempts to contact will establish time limits based on the law. So far only the 8K has been ignored and we must give them every consideration to respond to our rights as shareholders.
So far no one has a plan. My plan is simple. Exercise my shareholder rights. I expressed my concerns fairly and with no threats. I have a right to these answers and want contact.
Again, I hope I am very mistakenand this is all a mistake. However, I do understand my rights and responsibilities and must demonstrate "due diligence". I would love to be wrong in this.
I have sent the following email to the lawyers for Mr. Eliasch and Bergendorff in order to show my due diligence as a shareholder. This can be quickly resolved by them simply responding.
******************************************************************************************
Dear Mr Shear and Mr. Street;
I am emailing you to show that I am doing my due diligence as a shareholder in a firm your clients are associated with known as Tempus Applied Solutions Holdings, trading as TMPS. Recently we have been informed that TMPS will be deregistered by the SEC for failure to provide timely documentation.
In this regard I am requesting that you contact the officers of TMPS to include your clients Mr. Eliasch and Mr. Bergendorff to forward my request to provide the shareholders with all requested information regarding the state of the company, its current and future viability, the registered agent, and the valid address. Also request that they are informed to meet the requirements to re-register the company appropriately as required by the SEC and all applicable securities regulations.
Please forward this requestf for Mr. Eliash and Mr. Bergendorff to provide us with the fiduciary responsibility that we are due. At this point in time I have been appreciably damaged by the deregistration event and wish to inform them of my immediate concerns. I trust an honorable and prompt response can be provided by this request.
Signed
Phone number
At this point I amdoing mydue diligence. This will all unfold as the days go by but my intent now is to start acting on behalf of myselfas a shareholder. This may be a stupid mistake but the lack of contact is no longer acceptable. Also relevant to an award, the Govt. does not deal with this kind of BS so if they dont start fixing soon that hope is gone. Again, I am giving the benefit of the doubt and hope they respond but am also no longer letting them get away with ignoring the shareholder (me). I recommend everyone do their due diligence and CYA.
Thanks....I will use these.May I ask how you know this? But it OK if its too private.
Guys....like I said, who can tell. All I am saying is do "our" due diligence and request via verifiable documentation from the TMPS company officers as to status and for them to exercise their fiduciary duty. TMPS may be great or a bust, but at least protect yourselves. All I did was send the TMPS officers an email.
As I said I cant tell. I am a loyal, long time shareholder in TMPS. I am also the Pres/CEO of a tech company. I have hope in TMPS and give them all the benefit of the doubt. However being a business person I also know that time is important and in the courts you have to show damages as soon as possible in order to be "made whole again". Waiting and not requesting data makes your case weaker. Several weeks ago I had many valid shares of TMPS. Now I have nothing. Perhaps had we raised the communication issue earlier we would not be in this position. Dont forget guys.....we own part of this company if not all of it. I am doing my "due diligence" and since of these shares are held in corporate accounts I am doing my fiduciary responsibility.
Hi All;
In order to assure that I can show damages for any potential subsequent litigation I sent this email to Mr. Eliasch. This is because I intend to show that I have been immediately damaged and that I informed Mr. Eliasch of this. Waiting at this point is OK but we also have to show that we were damaged as soon as possible. I do this to let you all know that they need to respond to us, no more playing around. I send this as a service to you all. I used Igors email trusting that he is on the level with the email address.
Dear Mr Eliasch;
I am emailing you to show that I am doing my due diligence as a shareholder in a firm you are associated with known as Tempus Applied Solutions Holdings trading as TMPS. Recently we have been informed the TMPS will be deregistered by the SEC for failure to provide timely documentation.
In this regard I am requesting that you provide the shareholders with all requested information regarding the state of the company, its current and future viability, the registered agent, and the valid address. Also request you meet the requirements to re-register the company appropriately as required by the SEC and all applicable securities regulations.
As a shareholder I hope that you provide us with the fiduciary responsibility that we are due. At this point in time I have been appreciably damaged by the deregistration event and subsequent inability to trade my shares and wish to inform you of my immediate concerns and to request your honorable and forthright response.
Very Sincerely;
Oh and thanks for the litigation info. A lot of companies have lawsuits. Was that one substantial?
Assets are good.....I thought he was a billionaire? Maybe its time to send a friendly reminder that there are shareholders that should be considered.
So he took all the shareholder money. Is he now poor?
Igor, I was wondering when someone would use the "class action" words and you finally did. I concur that may be a path but first we have to see this unfold. All of us have been loyal, understanding, and fair. At some point it will come to a suit if this is not fairly and equitably resolved. Whoever said we have no recourse is flat out wrong. But u r correct!
Yes clear thinking whizknock I think it is worth a wait and see attitude. They have a Cage code. You can even get their D&B data.....for a price. They still seem viable to me so lets see it play out.
TEMPUS APPLIED SOLUTIONS, LLC
TEMPUS APPLIED SOLUTIONS HOLDINGS
CAGE CODE 7AJV3
Llc Tempus Applied Solutions has a registered in the System for Award Management for doing business with and bidding for contracts by the United States government. Cage Code 7AJV3 was listed as their unique company identifier. The company registered with SAM on 2015-01-05 and the registration with the below details.
Company Details
NCAGE Code 7NFA9 TEMPUS APPLIED SOLUTIONS, LLC
NCAGE Code 7AJV3 TEMPUS APPLIED SOLUTIONS, LLC!DBA TEMPUS APPLIED SOLUTIONS!HOLDINGS
DUNS 079639705 Tempus Applied Solutions, LLC
DUNS 080297597 Tempus Applied Solutions, LLC
Duns 79639705
Cage Code 7AJV3
Sam Extract Code E
Purpose Of Registration Z2
Initial Registration Date 2015-01-05
Expiration Date 2019-07-20
Last Update Date 2019-07-20
Activation Date 2018-07-22
Legal Business Name TEMPUS APPLIED SOLUTIONS, LLC
Dba Name TEMPUS APPLIED SOLUTIONS HOLDINGS
Division Number 0001
Physical Address Line 1 700 CORPORATE DRIVE, SUITE D
Physical Address City NEWPORT NEWS
Physical Address Province Or State VA
Physical Address Zippostal Code 23602
Physical Address Zip Code 4 4376
Physical Address Country Code USA
Entity Congressional District 3
Business Start Date 2014-12-04
Fiscal Year End Close Date 1231
Entity Structure 2L
State Of Incorporation DE
Country Of Incorporation USA
Business Type Counter 3
Business Type Varchar 27~2X~LJ
Primary Naics 488190
Naics Code Counter 11
Naics Code Varchar 334511Y~336411Y~336413Y~481211Y~481219Y~488190Y~517410Y~532411Y~541330E~541715E~611512Y
Credit Card Usage N
Mailing Address Line 1 700 CORPORATE DRIVE
Mailing Address Line 2 SUITE D
Mailing Address City NEWPORT NEWS
Mailing Address Zippostal Code 23602
Mailing Address Country USA
Mailing Address State Or Province VA
Govt Bus Poc First Name BEVERLY
Govt Bus Poc Last Name CASTONGUAY
Govt Bus Poc Title CAO
Govt Bus Poc St Add 1 700 CORPORATE DRIVE
Govt Bus Poc St Add 2 SUITE D
Govt Bus Poc City NEWPORT NEWS
Govt Bus Poc Zippostal Code 23602
Govt Bus Poc Country Code USA
Govt Bus Poc State Or Province VA
Govt Bus Poc Us Phone 2147483647
Govt Bus Poc Fax Us Only 7572438180
Govt Bus Poc Email bcastonguay@tempus-as.com
Elec Bus Poc First Name SCOTT
Elec Bus Poc Last Name TERRY
Elec Bus Poc Title CEO
Elec Bus Poc St Add 1 700 CORPORATE DRIVE
Elec Bus Poc St Add 2 SUITE D
Elec Bus Poc City NEWPORT NEWS
Elec Bus Poc Zippostal Code 23602
Elec Bus Poc Country Code USA
Elec Bus Poc State Or Province VA
Elec Bus Poc Us Phone 2147483647
Elec Bus Poc Fax Us Only 7572438180
Elec Bus Poc Email sterry@tempus-as.com
Naics Exception Counter 2
Naics Exception Varchar 541330YYYY~541715YYYY
Debt Subject To Offset Flag N
End Of Record Indicator !end
© 2020 CAGE.report | Privacy Policy Govt. contracts.
Treff that was very nice and timely. Personally I wont walk away without a fight but I can understand just wanting to move on after being so dissappointed. Thank you.
Maybe Johan needs some publicity like this?
Are you referring to the Jeffrey Epstein that has retired to thepearly gates and the Prince that has been disgraced and removed from any chance of regaining his credibility and/or positions? Are those the people that you are referring to? If so, then maybe Johan needs to join them.
GreenWillow you are the first that I know that is now on point. They are dealing with the DoD and they can be pretty persnickity. I know they have their issues but a debarment could be very painful for the Johans especially as they have other US Govt contracts and entities. Great post and I concur completely.
Yes you are correct and contrary to the opinion of some, the following points are in the arsenal for investors and are valid:
1. The SEC does have an interest in possible investor fraud.
2. If they do win a contract under the solicitation they do have responsibility to the shareholders.
3. There are avenues for resolution in spite of the fact that many have just written off their losses because they were either unable or not capable of pursuing.
4. There are avenues via the Federal Acquisition Regulations for raising issues and the Govt. does not like issues.
5. There are low cost ways to address.
6. The Johans have a lot to lose in terms of reputation, other contracts, and future endeavors and they appear to value their reputations.
Having said this it may make good sense for many of us who either cant be bothered or havent the will to just take the writeoff. I for am not but as said for the next 10 days I remain a trusting and loyal investor.
I believe that it is illegal for the Navy to be involved and this award certainty seems pretty dim at this point. What is a plan, plan B?
Okay, so let me repeat......after all the hope and dreams.........what is the plan? What are we going todo about it? No one has answered my question and I have to wonder why. I do have a plan and I can tell you one thing. The plan requires immediate and prompt action. Please dont ask what mine is. I want to hear if anyone on this board is willing to fight.
All Im saying is in the event that we are left with nothing...........what then? What would we do?
Why would we want to buy now? I am wondering what the plan is? Do we just wait and let the chips fall or do we prepare a plan of action? I hear all the great comments and people but there seems and excess of hope and no plan of action. I cannot understand a company treating its loyal shareholders with such lack of courtesy, lack of fiduciary responsibility, and corporate silence. Ideas?
I might be going out on a limb but the people on this board have been angels of patience, forebearance and kindness. I think that this Johan fellow has an opportunity to show the world what he is made of and prove that he can turn around companies. If not, then we have to do whats right. I also give some benefit of the doubt but this has been stressful.
Doesnt really fit the fact that only two bidders identified. The government requires at least 2 bidders and that would mean there is another bidder and that bidder would need the planes. So methinks they either must fix this or the planes are going to the other bidder in a deal. Does that make sense?
Rather than wringing our hands and bemoaning that they are so much smarter than us, shouldnt we be planning our responses. We are not powerless and these guys could be significantly liable. Further, the Government does not like this kind of turmoil on its contracts. I really think that they need to start being up front with the shareholders.
Hi all. Thanks for all the input. But what does this mean in terms of real dollars and cents for all of us. I for one am not going down without a fight if this is a screw job to all of us.
Shouldnt this be public knowledge as well as them telling us what is going on?
Can you put that in example format....I am still confused by the TMPS spaghetti.
From investopedia: Advantages and Disadvantages of Voluntary Delisting
Companies may decide to deregister for a variety of reasons that can be either good or bad for shareholders.
A few of the most common reasons include:
Capital Savings - The costs of being a publicly traded company are substantial and are occasionally difficult to justify with a low market capitalization, especially after Sarbanes-Oxley laws called for increased disclosures. As a result, deregistering can save a company millions and reward shareholders with a higher net income and earnings per share (EPS).
Strategic Move - Company shares may be trading below intrinsic value, compelling the company to acquire its own shares as a strategic move. This typically results in shareholders being rewarded with substantial returns over the short term.
Regulatory Concerns - Stock exchanges such as the Nasdaq and New York Stock Exchange have minimum requirements for companies to remain listed. If a company does not meet those requirements, it may be forced to delist itself. Causes for delisting may include failure to file timely financial reports, lower-than-required stock price, or insufficient market capitalization. In the end, companies can have a clear bottom-line incentive for delisting their stock from public exchanges — it's not necessarily a bad thing!
How to Profit from Delistings
Delistings may make sense for companies, but how can the average investor take advantage of the situation? Well, the best opportunities are found in companies that voluntarily delist to go private and cash out their shareholders. Typically, this is because management is confident that the company is undervalued or could save substantial money by operating as a private enterprise. These efforts to cash out shareholders can often yield substantial returns to investors willing to do a little homework.
The key to this strategy is finding instances where tiny companies are trying to "cheat" the Securities and Exchange Commission (SEC). The SEC mandates that companies file paperwork if they choose to go private, but can avoid the extra efforts if they have fewer than 300 shareholders. Consequently, small companies often issue large reverse stock splits to reduce their number of shareholders and pay off the remaining shareholders holding less than that amount with cash compensation.
Fortunately, many institutional investors avoid these stocks due to the lack of liquidity and risk associated with these deals. However, small shareholders can often net a handsome profit from the strategy.
For example, let's say company XYZ issued a 600:1 reverse stock split and then repurchased its shares at $5. Incredibly, shares traded at $4.24, well below the repurchase price after the stock split. This occurred despite the plan to privatize, which was being considered as a result of the stock's lack of liquidity and the fact that it wasn't covered heavily by any institutions. Not many individual investors would turn down nearly 18 percent gains in a matter of weeks!
Shareholders may also find other opportunities in obscure payoffs offered in privatization deals. Sometimes, companies will offer rights offerings, warrants, bonds, convertible securities or preferred stock to entice shareholders to tender their shares in a move to privatize. Unfortunately, many of these offers are restricted to larger shareholders who are able to bargain more effectively.
Finding Opportunities
All significant corporate events must be recorded in filings with the SEC. As a result, investors can quickly find delisting opportunities in SEC filings that are publicly available through SEC's EDGAR database.
Delistings are found in three types of SEC filings:
8-K Current Events - 8-K filings tell investors when and why the company is delisting and are often the first public notification of such intent. This includes the initial announcements of stock splits, which may be a precursor to privatization in smaller companies.
Schedule 14A Proxy Statements - Proxy statements enable shareholders to vote on whether to go through with delisting (if it is voluntary). This usually occurs during a going-private transaction and may also be the first public notification of such intent.
S-1/F-1 Registration Statements - These filings detail any new securities being issued as a result of delisting, which may include preferred stock, bonds, warrants or securities in the private company being formed as a result.
The Bottom Line
In the end, delistings can provide profitable investment opportunities or lose major money for shareholders. Everything depends on the motivations behind the privatization, the size of the company and terms of the offer. Investors willing to invest the time and effort to find and research opportunities may uncover some gems for their portfolios that can perform extremely well in the short term.