Like any normal investor, I'll be monitoring the stock closely and make a decision at that time. What I won't do is bash the stock on a penny stock message board and point out the challenges that lie on the surface, that's easy, it's a freakin penny stock. A company like this requires a more in-depth analysis, and if you've read my posts, you can see that I don't mess around when it comes to research. Sure, this company could fail, but I like the rumblings that have begun.
These are all from the filings, and there's plenty more beyond these:
As of August 14, 2017, the Company entered a definitive purchase agreement for the acquisition of six Lockheed L-1011, subject only to satisfactory completion of inspection of the aircraft. As payment for the aircraft, the Company expects to issue approximately 6.7 million shares to the seller during the third quarter of 2017.
Tempus continues to incur operating expenses in support of business development efforts in addition to various organizational and transactional costs in support of potential merger and acquisition activity. In addition, new customers and contracts will require investment in working capital and aircraft assets.
The majority of Tempus Intermediate Holdings, LLC (“TIH”) is owned by Firefly Financials, Ltd (or Johan Eliasch), which is under common control with the Company. The Manager of TIH is our CFO, Johan Aksel Bergendorff. TIH owns certain aircraft used by Tempus to provide services to certain customers.
Upon the sale of Orion, which was founded by Mr. Terry, he entered into a non-compete agreement which has expired. Our management and employees retain extensive relationships in the previously restricted market.
Our personnel have earned the security clearances required to support various agencies within the DoD and intelligence community. Our leasing model is well-positioned to be of benefit to U.S. government contractors that generally have not wanted to own or manage aircraft assets due to their unwillingness to carry high levels of capital assets. Traditional leasing firms do not hold the requisite expertise, market knowledge or security clearances to address the unique U.S. government end customer.
