$TPAC Start watching this if you have not already. News is said to be out very shortly. Look for info about finalization of a partnership with AVIC, multiple new acquisitions and/or funding details, completion and submission of purchase orders, updates regarding our Boeing relationship, COMAC, our Australian marketer, and more 8-k's out that divulge shares that have been retired as part of our ongoing 1.8B O/S retirement(+1B O/S already retired; company has announced it will continue to retire shares after 1.8B O/S retirement is complete).
Here are today's/yesterday's Tweets from @TPACbearings, on Twitter:
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We are now the first and only bearing supplier to a major international aerospace standards distributor. Our QA system was approved.
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We'll be posted on their website soon & once posted we'll disclose the distributor & the full nature of the relationship. Hard work=success!
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I'll add that this relationship has implications beyond a normal supplier/distributor relationship. This will be clear with name disclosure
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Expect term sheet from I bankers. Financing would allow 4-5 strategic acquisitions in China. Targets can get Boeing qualification thru TPAC
Lots more DD on this. Dig in.
