Just want to chime in on the 8k and folk's concerns:
1. Great news validated... All longs and newcomers should be looking forward to a bright future
2. Government NEVER provides funds upfront so of course any company will require funding to enable work stated in the contract/work statement. How a small business gets that funding is typically through loans, preferred share offers, or other debt offerings. TMPS now has a DoD contract that is guaranteed enabling favorable terms. Im assuming this is a cost plus contract where TMPS will be reimbursed for direct/indirect expenses and allowed reasonable profit. This was all worked during award process.
3. ALL gov contracts run the risk of protest. Protest period lasts 10 days so we'll know shortly if there is one.
4. Protest is no big deal if it occurs. DoD procurement process has so much dang red tape during source selection that the award made will almost certainly pass GAO scrutiny. In all my years I've seen one protest upheld that required a recompete... And that was due to fraud and a biased selection process. I'm not seeing that here.
5. Shareholders need to recognize this is a first step on a still long process to take a small business and turn it into a potential monster. The need is real in refueling and this contract provides and unbelievable foundation to expand and grow. Potential is ridiculous in this one.
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