Replies to post #27889 on Tempus Applied Solutions Holdings Inc fka TMPS

[BillJay]

I don't think that's accurate. If anything, the only entity that is producing any substantial revenue is Tempus Intermediate Holdings or Tempus Jets, which are not part of the public entity. They attempted to merge these companies with the public entity I believe but were unsuccessful due to cross collateral guarantees and legal issues.

[bob4uall]

I'm skeptical, the same as BillJay.

You said, "Don't forget ONE VERY IMPORTANT THING! Tempus is grossing more than $32,500,000 a year (that's hardly small change) with NO REVENUE from TriStar. OARs attorneys gave us this priceless nugget of information. Remember what OAR was originally protesting? That 'TriStar' not Tempus did not qualify as a small disadvantaged business..."

I certainly wish that you are right about the $32.5MM per year revenues, but some lawyering may have taken place along the lines that if your majority owner is a billionaire, you are disqualified from being a "small disadvantaged business". The fact that TMPS and Tristar Air are separate entities may not have been enough of an argument to qualify for a program meant for the little, disadvantaged guys.

But if you are right and I am wrong, yours is about the only indication that TMPS has major revenues coming in lately. My hope is in the 2020 Navy contract and little else these days.