Posted On: 12/27/2015 2:51:21 PM
Post# of 22940
$TPAC Here is the updated SS for $TPAC:
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TPAC Bearings
@TPACbearings
OTC Markets was updated. Don't know when it will post. That's up to OTC Markets. O/S is 2,324,350,898. Float is 2,085,350,898 as of 12/27
Source: https://twitter.com/TPACbearings/with_replies
900M O/S have been retired so far; 900M O/S still to be retired as part of 1.8B O/S reduction plan.
Source(see Twitter posts for 900M already retired and the following link for 1.8B O/S retirement plan): http://finance.yahoo.com/news/trans-pacific-a...00892.html
*Look at the wording in this snippet from the PR just linked to:
Bill McKay, the CEO of TPAC stated: “Earlier this year we committed to our shareholders that we would repurchase shares of TPAC common stock, thereby reducing the float. This is one of several objectives that we have laid out for TPAC and we are very optimistic that in the coming weeks and months we will make good on other commitments made to our shareholders, including purchase orders and acquisitions. I would like to personally thank the shareholders who have shown remarkable patience and faith in TPAC and our objectives. We are optimistic that we will acquire more shares and when we do so, we will announce the retirement of large blocks through future press releases and/or Twitter posts. The Twitter account @TPACbearings is the official social media site for TPAC. ”
(*Note: the wording that caught my eye most was this: "We will acquire as many common shares as possible, so as to obtain a more manageable share structure and float and thereby truly reflect the value of the Company." Could that mean that if money is pouring in via purchase orders and acquisitions that Bill may continue purchasing beyond the 1.8B mark? Anything's possible with how solid this guy has been to date.)
Follow
TPAC Bearings
@TPACbearings
OTC Markets was updated. Don't know when it will post. That's up to OTC Markets. O/S is 2,324,350,898. Float is 2,085,350,898 as of 12/27
Source: https://twitter.com/TPACbearings/with_replies
900M O/S have been retired so far; 900M O/S still to be retired as part of 1.8B O/S reduction plan.
Source(see Twitter posts for 900M already retired and the following link for 1.8B O/S retirement plan): http://finance.yahoo.com/news/trans-pacific-a...00892.html
*Look at the wording in this snippet from the PR just linked to:
Bill McKay, the CEO of TPAC stated: “Earlier this year we committed to our shareholders that we would repurchase shares of TPAC common stock, thereby reducing the float. This is one of several objectives that we have laid out for TPAC and we are very optimistic that in the coming weeks and months we will make good on other commitments made to our shareholders, including purchase orders and acquisitions. I would like to personally thank the shareholders who have shown remarkable patience and faith in TPAC and our objectives. We are optimistic that we will acquire more shares and when we do so, we will announce the retirement of large blocks through future press releases and/or Twitter posts. The Twitter account @TPACbearings is the official social media site for TPAC. ”
(*Note: the wording that caught my eye most was this: "We will acquire as many common shares as possible, so as to obtain a more manageable share structure and float and thereby truly reflect the value of the Company." Could that mean that if money is pouring in via purchase orders and acquisitions that Bill may continue purchasing beyond the 1.8B mark? Anything's possible with how solid this guy has been to date.)
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