TMPS restructures (takes a lot of time to unravel)
Johan Eliasch (billionaire CEO of Head N.V.) extends a $6.2MM convertible note for a G-IV Aircraft that is currently being used for a mission and generating revenue
Johan Askel Bergendorff (Corporate Development Director Head N.V.) is named CFO
TMPS announces acquisition of six L-1011s
Spring/Summer 2018
TMPS continues to finalize restructure
Johan Eliasch extends maturity date on the convertible note
Johan Classen (Claasen Group International) agrees to concessions in order to finalize the acquistion of the L-1011s and allows TMPS to take title to the aircraft ASAP
L-1011s were acquired with equity and NOT DEBT. Why would Johan CLassen do that? Maybe it's because the revenues and business the L-1011s will generate might cause the stock price to rise?
TMPS Today
Marketing the L-1011s and getting them mission ready
Bidding on contracts, one we know for sure (could boost revenues tenfold)
Only debt on the balance sheet is with Johan Eliasch (TMPS Co-Owner & billionaire)
Conclusion
TMPS fleet isn't even fully operational
TMPS isn't even close to being at their full potential
And people ask why some of us are still here?
Their business plan is barely starting to come to fruition
I'll bet on their fleet (once fully operational) generating revenue any day of the week
This is why I'm still here. TMPS continues to roll forward and not backward. Of course there are challenges, but every business has them, especially one that is in the beginning stages of a turnaround.
You can get in on TMPS for $0.06 at a market cap of 1.148MM. The value of their fleet alone is worth a whole hell of a lot more than that.
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