InvestorsHub Logo
Followers 20
Posts 824
Boards Moderated 0
Alias Born 06/26/2017

Re: LagunaRad post# 18805

Friday, 02/16/2018 12:25:42 PM

Friday, February 16, 2018 12:25:42 PM

Post# of 31087
I think we're going to see a lot happening in the near term. Here's my take based on the restructure:

Tempus Aircraft Sales and Service: Jack Gulbin (Scott's former partner, pilatus dealership)

TIH: Johan Eliasch

TMPS: Scott Terry


I believe the overall organization (public + private) is trying to recapitalize right now. TASS or Jack Gulbin wants to do his thing and TMPS or Scott Terry wants to do his, but as I've indicated in the past, I think Scott and Jack are tied at the hip as far as previous loans and need to refinance/recapitalize to reflect the current structure. I believe they are trying to wrap this up before the convertible note comes due. I also think that you could see a significant amount of assets transfer over to the balance sheet of TMPS. I never understood why they just didn't merge the private and public side, but now it's starting to make a little more sense.

I'm back to my original thesis that this could be a $5 stock just based on a successful recapitalization.

However, when you have lenders, attorneys, contracts, underwriting, and numerous owners trying to separate and/or come together, I can only imagine what a mess it might be and how it may be difficult to come to an agreement.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.