The aircraft acquisition was completed utilizing TMPS common shares. 6,730,769 common shares were issued to the Seller at a value of $0.52 per share as payment for the aircraft. Additionally, TMPS has agreed to either pay $150K in cash or to issue to the Seller approximately 833,000 common shares at a value of $0.18 per share to compensate the Seller for maintenance and storage costs incurred for keeping the aircraft in the condition required by the aircraft purchase agreement.
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