Tempus Applied Solutions Holdings Inc fka TMPS

[beenhadbefore]

I was thinking of buying stock until I read this in the 10Q.

10% Senior Secured Convertible Note due April 28, 2018

Upon conversion of the Note at a conversion price of $0.08 per share, Santiago has the right to acquire up to 77,500,000 shares of Common Stock.

The Company and Santiago have entered into a registration rights agreement.

Board of Directors Resignations. The unconditional resignations of four of the Company’s directors.