Confirmed research.
Private:
Tempus Intermediate Holdings (TIH)
Tempus Aircraft Sales and Service (TASS)
CEO - John G. Gulbin III (Jack)
(former board member of public company)
Partner/Owner - Scott Terry
(CEO of public company)
Public:
Tempus Applied Solutions
CEO - Scott Terry
Johan Eliasch (takes controlling interest in public company)
Appoints CFO that specializes in mergers
TEMPUS AIRCRAFT MARKETING, LLC new entity formed on 7/3/2017 under the public company.
Private company looks very strong, and the public side was formed for government and military use. However, Scott Terry was under a non-compete when he sold Orion Air and limited his ability to write additional business. Non-compete is now lifted (you can read in SEC filings) and can now seek additional contracts.
This has the makings of something big, which is why Johan Eliasch is investing his time and energy instead of taking back the airplane that was is default. If he didn't see value, he would have taken the plane back and sold it on the open market to recoup his money. He probably could have easily sold it to the government or the prime contractor since it is currently being used as part of a gov contract.
