Hard to say what's going to happen, but for $0.15 you can find out. All that has happened is the Navy pulled the current contract for reasons unknown. However, we don't know what's behind door number two. I have a feeling that the fat lady hasn't sung. Unless the DOD has decided to do something completely different from a strategic standpoint, there's still air to air refueling opportunities. I agree that what has transpired looks very detrimental, but the facts are still the facts. My only concern is Johan Eliasch. Where is his head at and where does he go from here?
Johan Eliasch (billionaire) is still the Chairman and they have valuable assets that were purchased with equity and not debt. Also, what people fail to remember, is there's the publicly traded Tempus and then there's the privately held Tempus. We know they tried to merge these companies a few years ago but faced some roadblocks, and I also believe they stopped the merger because they wanted the public side to keep its small business status in order to win government contracts.
I'll be keeping a close eye on TMPS, and I haven't completely sold out of my position yet.
