I was taught early on that any stock with a float fewer than 15 million tradable shares is low float. Obviously, stocks with a low float and low market-cap tend to be volatile and are a target for manipulation. When you add in a splash of capital restructuring, you get what should be a $2 stock right now closing out the day at 0.29. I rarely provide technical analysis, but I'm anticipating a significant move up in the next few trading days. Full disclosure, I added to my position before market close today. There are too many positive catalysts going on right now for me not to add to my position at these levels. Based on my research and estimations, when you combine the private and public entities, to me, it looks like they are operating as one entity not only from an operation side, but a financing side. I believe you have a $100MM company with what I'm guessing has decent tangible net worth and positive working capital. Otherwise, I don't think you'd have interested parties willing to lend to just the public entity without the corp guarantee from the private company (TIH), and it's likely that TMPS wouldn't be able to bid on and win the government contracts it has in the past because of the vetting process. Unfortunately, the weaker of the two entities is the public company. I think Johan Eliasch sees a massive opportunity to combine the two entities. I really doubt Johan Eliasch would be wasting his time on a company like this if there wasn't more substance lying beneath the surface.
AI
