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ysung

01/01/16 12:25 PM

#55456 RE: Blofeld #55451

Omg, I never saw this letter

This is just freaking gold mine !!!!

biglued1

01/01/16 12:30 PM

#55458 RE: Blofeld #55451

Wow. After reading that Im very surprised this is a sub-penny stock. It won't be for long.

Mysterium

01/01/16 12:36 PM

#55461 RE: Blofeld #55451

$TPAC Great post, Blofeld! We are obviously outperforming some major aerospace counterparts, both in terms of efficiency and in terms of quality of product manufactured. We have done what our name brand counterparts have failed to do and in lesser than average time even in comparison to the others who have succeeded.


This part is great:

I can give you dozens of examples of very large companies who have tried to qualify, spending millions of dollars and taking years and years and still not qualifying or even producing parts that are presentable for qualification. Most companies look at the spec and understand what it takes to qualify and simply elect not to because of the cost and difficulty. I know one Chinese company that told me that they have spent in excess of $10 million and 13 years attempting to qualify and they still have no products that they could even submit for testing. I know another company in the USA that told me that they have spent $7 million and now at least 11 years attempting to qualify without positive results. So for us to do this in 5 years and $4 million is nothing short of a miracle. But in reality we did not start assembling parts for testing until January 2011 and received approval in September 2013. So from first assembly until approval we actually took a little less than 3 years. Nevertheless I will accept the 5 year number. It is still a significant accomplishment.


Source: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119548637

Aevora

01/01/16 12:41 PM

#55462 RE: Blofeld #55451

Hmmm this is really not true... Damn, I hate when Bill talks all this engineering bluff to pump the general audience.

All these other companies mentioned here DO provide these types of bearings and even if he said that the bearings are not approved by NAVAIR at a component level, they are found in thousands of components (jet engines, engine starters, landing gears, APUs, virtually every turbomachine power output shaft that is flying out there in the field) that are in fact certified and approved by NavAir. Thats why those companies trade in the big boards.

We need the facts right! This is a development company and we are willing to accept the risks.

Sage7243

01/01/16 4:00 PM

#55511 RE: Blofeld #55451

Wow! I will invest bearing this letter in mind. Thanks for the repost!