So, let me see if I got this…….
If TMPS is filing an S-1 registration for the note holder of $6.2 M they probably are NOT going to be announcing anything that would require an amendment to the registration. So, if everyone is waiting on the seller to sell (Volume needed to absorb all the newly registered shares) it could be a long wait. Otherwise, the company is going to have to amend the registration over and over again. Very expensive and time consuming to keep a concurrent filing going with a small company.
But, what the heck TMPS has a billionaire who is also the note holder, interesting…….