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Incorrect...........on so many levels. The pattern is unmistakeable fraud, malfeasance, and violation of SEC rules.
We all have accumulated a large volume of data, provided exceptional attempts at "due diligence" and correctly addressed the issues. I do believe a website is necessary for us to collate an image of this possible deep fraud. I think eventually it will go to a court unless Johan is smart enough to realize that we mean to pursue this.
I just tried a post but it appears blocked so here is what I sent to Johan again. This concludes Phase 1 of our efforts and Phase 2 will include other means to be posted.
Hi Johan;
As we left it upon our last conversation you were going to contact Santiago to get a statement or information from them regarding the status of the shares for TMPS and how these shares are going to be handled. I have not heard a response after much time has passed. I am in a quandary, in spite of my attempts, as well as the many others that have tried to get definitive data, we have not received one liver of information regarding the many questions that I have sent to you and other parties involved. I have repeated these questions below.
The data that you sent, was a repeat of all the data that we currently and tells us very little about the precise nature of our shares and how they are being handled.
The questions are re-stated for clarity and include an additional request to obtain access to the company financials and associated information. Again, I (we) have been substantially impacted in a negative way by the non-compliance of TMPS officers to shareholder requests and and want to work with you and your clients to assure a fair shareholder involvement and the success of the Company. We cannot contact them after many requests and we are trying again to receive shareholder information.
The questions and requests to all involved officers and their representatives are:
1. I am requesting that you contact the officers and interested parties of TMPS to include your clients Mr. Eliasch and Mr. Bergendorff and to forward my request to them to provide the shareholders with all requested information to include:
1.1 The current state of the company, its current and future viability,
1.2 The registered agent, and the valid address, telephone numbers and valid contact information,
1.3 Request for a Board meeting to be attended by the current shareholders of the Company at a location that is accessible and timely.
1.4 Identification of all Company assets including the ownership of the L-1011 aircraft as well as their flight status.
1.5 Request access to the Company financials and financial data.
1.6 Full and complete information regarding a possible merger with another Company to include share price and ratio.
We, would most of all, appreciate any substantive communication as many of us have held shares loyally for many years. Just to clarify, I can be reached at the following locations, telephone numbers and email addresses. I am available at any time from 0700 to 2300.
Again, please respond and especially regarding the SANTIAGO response to the shareholders. I appreciate your attention this. As always, I am available anytime via email or phone and welcome your contact. Additionally, how could TMPS be valued at 37 million during the protest, and then be valued as nothing when the stock tumbled. Do you understand why that is. Thanks again for all the help.
Wow...glad to hear. I will start generating a website and will keep ya posted. More often. So first is to gather requirements. Please let me know what you would like to see and know in this site. I have enough data to populate but as always I have to ask.
Hi All, apologize for being AWOL. So here is the take. In order to begin the formalization of this. I have several ideas but the most effective one is to collect all the aspects of this in a website that I can put together. This website will enable us to do the following "due diligence".
1. Create website with authenticated logins.
a. Set stage for class action or other suites.
b. Identify shareholders and their experiences.
c. Secure data and login with verified data and timetables.
2. Provide exact timelines and partitions for all complaint.
3. Provide data source for attorneys, SEC and litigators.
The site will serve to centralize the legal case outside of the social media platforms and to keep our data private.
What do you all think????
Joe
Im just catching up on the posts.
oh come on
Hi Nathan; I filed an SEC complain over a month ago. When did you file?
Nothing....trying again tonight and will copy everyone.
Hi Nathan; I will call Monday and I have been laid up. Is this in relation to my request for investigation which was filed several weeks ago or a separate investigation? Thank you!
Oh Im here.....been busy at work, then sick (not Covid), then family. I havent given up on you all....I wouldnt do that. Stay tuned.
Will do. Next step is to contact Johan again and get the response from Santiago........If none then the next step will begin.
Sorry busy this weekend. Answer is yes. However the path to that can be conventional and unconventional. I have a plan that is unfolding some of it conventional others not. However based on many years in business they will pay us when there is no other alternative. If the Govt saw 39 million owned by TMPS, where did it go? At that rate and about 3 million shares outstanding then there is a serious issue here. Where did that money go? That amounts to more than $10 a share. Either that or someone has defrauded us. They still have time to fix it and make everyone happy.
I guess the answer is obvious. I will try to contact Johan again as 10 business days have transpired to determine if a response has been forthcoming from anyone.
They will respond depending on if it is in their interests to respond. You must consider that they have treated the shareholders pretty badly, and when they do not respond that simply adds to their apparent disregard. I suspect that they will respond when enough of us band together or enact enough "due diligence" to make them respond. Your assesment is not accurate or helpful to the goal of opening a dialog with the principles. The real question is...."....will you assist us in this effort?"
I wished I knew, but this is clearly a case of foloow the money. The one thing I will do is pull the documentation on the protest. If in fact the Govt. determined them to be a large company, that is clearly a paradox that must be investigated.
I dont know....but it is suspicious from the base to the apex.
Especially if you are hiding 39 million in assets.
Als, Santiago is supposed to be contacted by Johan. The bankruptcy is a pure diversion to escape the real issue of fraud. You cannot hide behind bankruptcy andthe fact that the Govt. determined they were making far more than claimed makes them ripe for lawsuits and they cant hide fraud and malfeasance behind bankruptcy. Their best bet is to buy out the shareholders and be done with it. Or go down a long, costly,stressful, and potentially criminal exercise.
In other words they are trying to invoke bankruptcy to force the malfeasance out of the forefront. It is also an attempt to shelter the money and assets that have already been transferred to Santiago. So no matter what happens in TMPS, the money has been moved to Santiago. They cannot hide under the bankruptcy laws and their lawyers should know better because the courts and the SEC are not fools. They know whats going on.
If Johan were thinking; he would have paid off the shareholders. Now he will pay off the lawyers, pay off the shareholders, and put his personal fortume at stake for criminal conduct. Who is advising this guy.......he should know better.
He bought time but traded his personal liability. Also recall that the Government ruled that TMPS had far more revenue and income and were not eligible under a small company contract. I also believe that since Santiago is involved they are also liable.
Ha.....this is like the movie Wall Star. Blue Star is in play. So hereis what I think they were forced to do. They knew the suits were coming, even after the delist. They needed another out because of the malfeasance while the company was active. Tey are trying to hide behind a smokescreen of bankruptcy to escape the criminal charges.
I believe that we should still pursue the due diligence on the criminal front. This is clearly a diversion and attempt to shelter their own assets. By declaring bankruptcy now they are trying to circumvent the responsibilities that they had.
I am not stopping because of this smokescreen and further hopes in a "bankruptcy" are more of the same obfuscation. Also the transfer to Santiago may make Santiago involved in this scheme.
Do not be fooled by this.
I suspect that they will have been apprised by their lawyers to not speak to anyone. To me that implies a certain level of .....shall we say........concern. Those planes and assets will go somewhere and the money also went somewhere. The best thing that they could do is just buy everyones shares at a fair price and move on.
Apology...I meant Bob...Lol
Hi Bib....great, where did you find it. I didnt see it get posted. I took a day off and I was going to resend it today but that is the gist of it. My next steps are as follows and I want to hear what you think of these steps:
1. Call Johan again in the next week or so to find out what Santiago is doing or not doing.
2. Initiate additional contact with the organizations that I will utilize to pursue this issue. Of course some contact has been made but I will post that when it is useful to all of us.
3. Research Santiago and its constitution and members.
4. Contact Santiago directly to determine their ownership of the aircraft, TMPS, and other arrangements they made with Mr.Eliasch.
Sorry for the delay and glad you could find what I posted. Why did it not post?
You know what....everything u hear is somehow misconstrued. I said I would fill in details later.
Talked to Johan and will update tonite. The only new data that I received was that he would call the Company that now has the planes and request they update us. Details later.
Johan and I have played telephone tag and I must confess that the time zone difference is difficult. He has been super diligent in trying to contact me with several telephone calls. I am encouraged and there appears again to be a genuine effort to contact. Everyone has a life so I understand the effort that this all takes. I hope for a good outcome for everyone, but yes, it does take work and time.
Thanx again for the compliment.
Thanks to all of you. My aim is to get this resolved in everybodys best interests. I am tired of the treatment that investors get and this includes the people that are supposed to watch out for our interests on all fronts. That includes the regulators who should never have allowed this to go for so long.
I appreciate the support and we all know that we can write this off, unless of course you have the stock in an IRA. I am supposed to talk to Johan tomorrow and I hope its productive.
Oh and a special thanx to Lucky whose encouragement and support have pushed me forward through the fog. I will keep y'all posted.
Thanx Lucky....you have no idea how you motivate me.
Now, with Luckys comments addressed; I received an extensive response from Johan B which was quite surprising and he indicated he would call me sometime in the next day or so as he was in Asia at the moment. I am not surprised as I did think that of all the Officers he at least made some attempts to make contact to us. I will ask him about making the email public. Will keep ya posted.
Oh, and Lucky, thanx again for the encouragement and support.
PS---remember if you all should get discouraged that all it took to bring the entire ENRON empire down was a whisper of "...where did the money go?" at a shareholder meeting by a young female reporter. Oh how the mighty have fallen. And these will also. Dont ever give up.
Note to others. I recommend that you also do this for the SEC to show the magnitude and its a relatively short process. This is the first of several alternatives in this Phase. Oh and Lucky, your encouragement is also much appreciated...... :o).
So am I.
Submission Number: 16015-xxx-xxx was submitted successfully on Wednesday, September 30, 2020 at 09:17:57 PM EDT
Thank you for contacting the United States Securities and Exchange Commission. This automated response confirms that your submission has been received successfully. We are always interested in hearing from the public, and your submission will be given careful consideration in view of the Commission's overall responsibilities under the federal securities laws. Please note, however, that it is the Commission's policy to conduct its investigations on a non-public basis in order to preserve the integrity of its investigative process. Subject to the provisions of the Freedom of Information Act, we cannot disclose to you any information which we may gather, nor can we confirm the existence or non-existence of an investigation, unless such information is made a matter of public record in proceedings brought before the Commission or the courts. Therefore, this may be the only response that you receive. If you want to learn more about how the Commission handles inquiries or complaints, please visit http://www.sec.gov/complaint/info_tipscomplaint.shtml.
Sorry to hear that Bob and best of luck. To others that feel the anger over their contempt for us I am pressig forward with my effortsand we will receive compensation for the disrespect they have levied on the shareholders and security laws. I have just sent the following. More to follow.
Hello Johan and interested parties;
Again you have chosen not to respond with my reasonable requests for information as outlined in the last correspondence below. Since there has been no courtesy of a reply to our reasoned requests I will begin filing the necessary complaints and actions necessary to obtain what we as shareholders are entitled to.
You have led us to conclude that there may be illegal activity or possibly fraudulent activity based on your lack of response, your lawyers lack of response, and your clear contempt for SEC rules and regulations. I do not take lightly your indifference to myself and the many investors in this company and you have made us pursue further remedies. I have included the last email to you to assure that you have an understanding of our requests.
The last telephone call with Johan B. was a clear attempt at blocking further action and nothing resulted from it.
Very Sincerely;
OK...thanks all for the encouragement. I will send the notice to Johan B et al today and file the initial complaints today also. These complaints will serve as the beginning of Phase two in which we begin using the available remedies before the execution of Phase three. I will post exactly what I will send to them and other actions tonite.
Acting as one group will allow us to much better address the issues as shareholders. I have no idea why Johan B. took the time to establish contact and begin showing consideration for us and then going incommunicado.
None of the questions and requests have been responded to other than a phone call, which offered nothing substantive.
I will again request the same responses and questions tonite as well as filing the first complaints.
Thank you
TurboJoe
LoL.....right next to so many other luminaries and paragons of virtue. Thank you and I will use it. I did not get the recommendation on taking the actions though. Go - no go (yet)?
Thanks
Hi All;
So it appears the Govt did exactly what it wanted to do as is my experience with them. My second guess is that TMPS or whoever holds those planes will also get something. The fact that the contract is sole source also indicates the Government is not happy about the protest process that occurred.
I intend to send another message to the TMPS "principles" and lawyers. The next step which I was going to take was to request an investigation into TMPS by the relevant authorities. However before I do this I wanted to get the take from the cooperative members on this board. What do you think in terms of timing and action?
Once I get some idea from the people (you) who actually are involved, considerate and objective I will move forward. There are several authorities that we can use for the complaints and actions. Further if I generate these complaints I would like to do that as a coordinated group, not just a onesie and twosie in a random manner.
Please tell me what you think and I would like to hear all recommendations from members of good will in this forum. We can continue to speculate but my opinion is that we should move forward with the complaint process immediately.
Thanx much
Yes mine did to. So today I will send the next step and also let you all know. I think you all will approve of the next steps. I will continue precisely down the path that I have expressed and welcome greatly all the support from you the shareholders and concerned parties.
I have received no replies or acknowledgements to date and for that reason am moving toward the next phase.
Thank you. The next email and actions will go out Friday or Saturday. The actions will be in our interests as shareholders and will be measured and well defined and constitute polite and actionable "due diligence". Thank you again for the kind words. I am working on a roughly 10 business day schedule for each action.
No...is that a sufficient answer for you?
What I should have been doing? LoL!