Yes and no. You need to re-read some of my prior posts to fully understand my response. I'm of the opinion Johan Eliasch is here to recoup his $6.2 mil aircraft loan ONLY. Other's adamantly disagree. So be it, we disagree.
Meanwhile, I believe a secondleg up to $2+ is coming in late July/early Aug. If I'm wrong on my timing, then at the very latest by October 28th.Why October 28th? Because of Rule 144 ... Johan indirectly controls 77.5 mil shares. (which are NOT in the OS yet, but I believe they will be in the next few months and he will seriously dilute everyone.) Johan must wait 6 months according to Rule 144 to convert and sell his shares, The convertible note signed by TMPS & Johan says he can "sell at anytime"but I believe Rule 144 prevents him from converting & selling until October 28th (the note was signed 4/28 + 6 mos = 10/28).
HERE IS THE NOTE, READ FOR YOURSELF
Hope that's helpful. I am overall bullish (but realistic) on TMPS even though many others will say otherwise. I do see the light at the end of the tunnel for them. Nevertheless, TMPS did have a serious cash crunch earlier this year because their NASA contract was delayed by 9 months in 2016 .. and Johan was very aggressive in forcing his terms upon Terry Scott (which caused the 4 Board member to resign as a sign of protest against him). Here's some DD which discusses what transpired for Tempus, Bluebell, Johan Eliasch and Scott Terry earlier this year (pay attention to the 1/31/17 notice of default, that's why TMPS is on the hook to Johan Eliasch. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132662481
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