REMINDER ALL: TMPS 10-Q/A received 8/8/2017 is for Q1, the period ending Mar 31, 2017. This should bring great joy to any prospective shareholder. Why you ask? I'll share my opinion. This means that the company has been in full control of TIH since this time as the filings indicate and full control of all assets currently being used by the company remains with the company. Therefore, revenues should not have been effected negatively as a result of any speculation made prior about lawsuits, disagreements, ownership, etc... This is now all confirmed to be a non issue with this filing. First, the fact that Mr. Terry is in full control of Tempus Jets through JRA. Those premises have been made available to the Company by Jackson River Aviation ("JRA"), which is controlled by B. Scott Terry Second, the company is in full control of TIH as noted in the 10Q. Last, the company has full control of the asset aircraft through the note holding of bluebell. What do these items tell me? Tempus Applied Solutions, JRA, Tempus Jets, TIH, ProFlight Aviation Services, etc.. are all working together as if they were one entity. Their common goal is to grow together. Even if there was no merger, all of these entities working together as one provide extreme flexibility in adverse situations.
Now on to my next point, the share structure is of no concern. This filing stated its share structure for that current time. If one wishes to view the changes and increases in total shares outstanding, all they would need to do is read the other filings that have come out since then and add them all together. It is that simple. Now, I want to stress the importance of this information. The shares that were "issued" per say, were all "exchanged" from warrants to shares. If you are unfamiliar with using warrants to finance a company, it would be wise to do a little research on this risky type of investment. Warrant conversions are a very good thing, and it is a very good thing those are now off the books. The remaining warrants which could possibly be converted are not even close to the current interest the stock has garnered from searching investors. The market will consume them, and the float will remain locked just as it is now. The reminder of the structure of shares and why they have changed is a really encouraging thing. This was a must for the company to move forward, and now it has happened!!
Johan Eliasch left no stone un-turned so to speak. If you look back you will see that I mentioned several times that I thought it was funny that Johan Eliasch made a purchase of the exact number of shares that Mr. Terry had listed in the filings. 2,032,944 shares is the exact number for those who are interested... Now.. DIG DEEP PEOPLE and read this statement from the 10Q as quoted: "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. "
You may ask, what is interesting about this little added tidbit. CMON FOLKS ITS RIGHT THERE IN HIGHLIGHTED TEXT. I find all of this extremely interesting. Most imortantly, THE DATE. BOOOOOOOM MIND BLOWN WOWWWW HOLY COW ITS HITTING THE FAN NOW! It is time to quote a certain Schedule 13D Amended on May ... thats right 16th, just two days earlier. This is what the amended action stated:
"On May 10, 2017, Santiago acquired 2,032,994 shares of Common Stock in partial satisfaction of a promissory note (the “Promissory Note”) pursuant to which Tempus Jets, Inc., a Kansas corporation, was indebted to an affiliate of Santiago; such shares had been pledged to the affiliate to secure payment of the Promissory Note. The purchase price for such shares was $0.13 per share, and the aggregate purchase price was credited to the outstanding principal and interest balance due under the Promissory Note."
BACK TO TIH, May 18th, Scott Terry resigned as manager of TIH, and CFO Johan Bergendorff was appointed manager. BOOM... Anyone remember the settlement that was reached privately concerning Tempus Jets Inc, where Mr. Terry was going to move assets around but was blocked by Johan Eliasch in court? Here is your settlement folks and it is HUGE. Johan Eliasch effectively blocked movement of assets, and his primary concern has been making all of these assets effectively under his control to ensure profitability and ROI for himself and shareholders. The share purchase which provided partial satisfaction of the promissory note was his means, and his method was purely intelligent. All of this is clearly designed to keep the Tempus family, ONE BIG TEMPUS FAMILY.. working together to ensure that the company maintains the absolute highest level of value. He effectively took control of Tempus Applied Solutions, Tempus Jets, Tempus Intermediate Holdings, and Proflight Aviation all at once ensuring he could enact what he wanted where he wanted to do so.
For my last point, I will only state a few things and let everyone else ponder the meaning. Why does Johan Eliasch want all of these entities working together? Why did Johan simply not repossess his extremely valuable asset, and turn around and sell it? He could have recouped his money in half the time and been gone. Johan Eliasch then cut un-necessary employees, reduced debt, and increased profitability. Why bother? Then Mr. Terry's non compete in this market ended. All of this happened around the same exact time. What do you make of it? I can say this... for my part, I know you do not simply throw out a bunch of random objects that are not designed to piece together and somehow they magically fall into a perfectly fitting puzzle. So I leave you with this, What is Mr. Johan Eliasch planning next and just how big will it be? Going to be HUGE.
