Per the Amendment (filed 8/8/17) to the 3/31/17 10Q, it sure sounds like a merger to me:
This Form 10-Q/A amends information set forth under Note 9 (Related Party Transactions) to the Company’s unaudited consolidated financial statements for the 3-month period ending March 31, 2017 (“Q1”), regarding the control of TIH, as filed in the Company’s Form 10-Q for Q1 (the “Original 10-Q”).
During the period covered by this quarterly report, our CEO Scott Terry owned a majority interest in and was manager of TIH. On May 18, 2017 Scott Terry's interests in TIH came under common control with the Company, he resigned as manager of TIH, and our CFO Johan Bergendorff was appointed manager. TIH owns certain aircraft used by Tempus to provide services to certain customers.
