With regard to the convertible note, no news may be good news right now. I know a lot of you don't want to hear that, but since the DOD waited until the last minute to award the contract, the playing field has changed in a BIG way. TMPS may be looking (quite certain they are) to secure a senior secured financing facility based on their assets and the future receivables that the contract will generate. These things take time to work through. In the meantime, we may see an 8K filed that extends the convertible note for 3 to 6 months. However, Johan could extend it for 5 years based on the award. Point being, TMPS has a lot to think about now that the contract has been awarded. The good news is that banks, investors, hedge funds and the like will want to get in on the action. Fireworks ahead, trust me. I'm still shocked you can pick this up for $0.30, absolutely dumbfounded.
