Tempus Applied Solutions Holdings Inc fka TMPS

[BillJay]

Anybody who knows me on this board knows that I do my research.

Here's what I know after a little bit of digging:

-Convertible note will be extended or refinanced

-TMPS capital structure will remain intact

-Working with auditors now to get the financial reporting back on
track

Anyone who thinks that Johan Eliasch would put TMPS in default right now is literally out of their mind. The Navy requires that TMPS maintains certain financial metrics (much like a bank's restrictive or financial covenants) throughout the award. Johan extended the note once before and I'm 100% sure he will do it again. This is a massive contract they just won and it's going to throw off a lot of cash. I GUARANTEE you they're not going to do anything drastic right now, any investor worth a damn should know this.