Tempus Applied Solutions Holdings Inc fka TMPS

[Malone]

You are absolutely right. the Lender is smart. Per the 8K under PUT AMOUNT: The lender can not lend more than about $300k to the company at current share price. Share price would have to be $7 for them to be able to lend the full 12 million. And you don't think that 77.5 million convertible at .08 would convert way before that price? Get real!! So they really have NO $12 MILLION LOAN.

Put
Amount
” shall mean the total dollar amount requested by the Company pursuant to an applicable Put. The timing and amounts
of each Put shall be
at the discretion of the Company. The maximum dollar amount of each Put will not exceed three hundred percent
(300%) of the average of the daily
trading dollar volume for the Company’s Common Stock during the ten (10) trading days
preceding the Put Date. No Put will be made in an amount
greater than three hundred thousand dollars ($300,000). Puts are further
limited to the Investor owning no more than 9.99% of the outstanding stock of the
Company at any given time