The private side has the assets to support the public side, that's been indicated in their filings. TASS can always lease aircraft to TMPS if needed, and TASS has the working capital and the banking relationships to provide that support. Also, Tempus Intermediate Holdings (TIH), owned by Firefly Financials, Ltd (Johan Eliasch), which is under common control with the Company and is managed by the CFO, Johan Aksel Bergendorff, owns certain aircraft used by Tempus to provide services to certain customers. I was hoping for a merger, but that may be harder than anticipated when taking into consideration contracts that they're already servicing and the nature/secrecy behind certain gov contracts, or maybe they just see an advantage in keeping half of the Tempus org private.
If they refinance the $6.2MM convertible note sooner rather than later, that sends the stock much higher, dilution is taken off the table in a big way.
If they secure a credit facility with debt and/or equity, this stock shoots higher, working capital issue solved and any bullet debt is pushed out allowing them to focus on the core business and securing contracts.
Refinancing, a new financing package, new contracts and winning back contracts that were delayed will send this stock into the stratosphere.
I believe TMPS has support from multiple avenues on the private side: TASS, TIH, and Johan Eliasch.
