Tempus Applied Solutions Holdings Inc fka TMPS

[bob4uall]

Agreed. Why lie? But technicalities possibly hurt them.

This may be a typical LLC status fight where Tempus applies in the name of their TriStar LLC that has little. So then the lawyers argue that TriStar is not legally separate "enough" from TMPS or other related entities. Maybe their ownership was "nearly" identical, or they didn't have separate periodic shareholder/management meetings, or some were disregarded entities for tax purposes, or their finances intermingled "too much". Evidently, someone may have ruled TriStar had too much money in a pocket that substantially belonged to TriStar.

What we may have seen here is lawyering around some technicalities, but in my opinion, outright fraud is not something I would expect this to be.