Let's sum up the week like this:
The writing's on the wall and all one need do is connect the dots...
The following information comes from Mr. McKay (only one who really knows) through recent tweets (truly a gem or diamond in the rough... finding a CEO who comes through on his word):
9/15/15 - China has demand for 6300 new planes over the next couple decades worth an estimated $950B.
9/30/15 - TPAC's presently negotiating two acquisitions and a JV (Joint Venture) as well as potential purchase orders.
It took three tries from 2010 to get NAVAIR approval or certification in August 2014.
10/21/15 - TPAC's approved under SAE-AS81820 & SAE-AS81934 for self lubricating plain SPHERICAL bearings and bushings.
In the world, only the following also have NAVAIR approval for the above: RBC, Minebea, Aurora, Kahr, Kamatics, Specline and SKF (for some applications).
Only TPAC has a facility in China that is qualified (approved for AS81820 & AS81934).
12/28/15 - TPAC will stay with its plan and grow, focusing on growth through sales, partnership and acquisitions while continuing to reduce the O/S to up list (NASDAQ).
12/30/15 - TPAC expects 2-3 significant acquisitions; partnership with a major Chinese aerospace firm; approved supplier to Boeing, Airbus, COMAC and Embraer.
12/31/15 - TPAC just signed marketing deal with an Australian company that'll market our products in Australia, SE Asia and Middle East... targeting aviation, aerospace, mining, naval and defense industries.... indeed a great opportunity!
1/1/16 - TPAC's liner is proprietary and can't be duplicated so we can protect our IP (Intellectual Property). The design and approval process is what takes so long and we are one of only six to do it!
1/5/16 - TPAC has just been approved as a Boeing supplier!
1/8/16 - Major meeting with Boeing ... giving opportunity to assist AVIC with Boeing.
1/11/16 - Next month we have significant assembly work... will post photos... we are not normal OTC.
1/20/16 - One of our directors is attending Boeing Production Summit today.
In April TPAC will attend Aerospace and Defense Supplier Summit in Seattle.
1/21/16 - TPAC is approved to make and sell bearings, has superior delivery time and great pricing as well as China offset advantages no one else has.
1/25/16 - There's strong interest from three funds... TPAC will meet with them in February.
2/1/16 - I Banker is working on providing term sheet for financing.
1/28/16 - We are now the first and only bearing supplier to a major international aerospace standards distributor. Our QA system was approved.
2/1/16 – Flight to LA today. Lots accomplished. Parts almost completed for PO. I’ll have follow-up meetings in USA. Will have in-depth update soon
2/3/16 – Just got an invitation from Projen HQ to go to Dali City after Chinese New Year to discuss a partnership. Will go in late Feb or early March
2/4/16 – Working on a presentation requested by Boeing re capacity & capabilities for BQMS & orders. Once done I will post it to the TPAC website
There’s another thing we are working on. If it materializes we could see revenue later this month. I’ll know more by ~2/22
I believe the above summary's all part of the business plan TPAC has been pursuing for the last several years and it's now coming together... it's been a lot of hard work and taken time but that's been setting Trans-Pacific for what Bill McKay (with more than a quarter century in the industry) has been destined to do.
