Posted On: 05/05/2016 2:23:50 PM
Post# of 22940
![](/m/assets/46931549/no_avatar_available_thumb.jpg)
Financial Newsletter Email:
Great Afternoon Everyone.
EX-IM BANK
EX-IM Bank is still fighting the good fight. EX-IM states it will still process LOI’s for more than $10M, however they cannot confirm how long before their able to resume processing applications for amounts over the current $10M limit. LOI’s normally have a period of 6 months with an additional 6 month extension. As we hear more from EX-IM, you will be informed.
8K
Yesterday, investors raised questions on the Licensing Agreement payment. Several have asked whether an 8k will be filed to validate the purchase. The USA FR states no. The LA falls within ordinary business conditions therefore is not mandatory to be filed. We are in compliance with SEC rules. This is not the road that TPAC wants to go down, no matter its past.
We value our investors however TPAC should not start a practice that will not be used going forward. TPAC needs total flexibility to work with its funds as it sees fit to grow the company. If TPAC starts this practice for every contract or revenue resource, investors will consistently request. That’s just not efficient. TPAC’s quarterly or annual financial reports will be the standard way of viewing TPAC financials for investors. 8Ks will be filed if and only when there is an event that requires the company to do so.
TPAC will be leaving the OTC markets in the near future. The Financial constructs being put in place ensures a solid base of cash flow and reserve capital. This strengthens our offering to investors. It has for so long been the thought that supply and demand is the key to raising stock prices, well there is more than one way home.
LICENSING AGREEMENT PAYMENTS
Another set of questions involved the $1M dollar Licensing Agreement. What will be the payment structure for the $1M LA fee? When will it be paid and how?
The Licensing payment will be rolled into the Service Level Agreement payment and then paid out in quarterly payments. The licensee will have one quarter from the signing of the Service Level Agreement to begin payments. Payments are to be in the form of currency.
Note: The Service Level Agreement payment is comprised of the manufacturing setup cost, raw material, machinery, engineering, consulting etc. These costs and others is payment to TPAC USA.
There has not yet been an absolute on the renewal process.
TPAC Licensing Agreements profit margins range up to 77 percent after legal and weighted taxes; Service Level Agreements may demonstrate higher revenue however less profit margins.
Alright that’s it for this edition…until next week.
TPAC IR Specialist
ir@tpacbearings.com
Great Afternoon Everyone.
EX-IM BANK
EX-IM Bank is still fighting the good fight. EX-IM states it will still process LOI’s for more than $10M, however they cannot confirm how long before their able to resume processing applications for amounts over the current $10M limit. LOI’s normally have a period of 6 months with an additional 6 month extension. As we hear more from EX-IM, you will be informed.
8K
Yesterday, investors raised questions on the Licensing Agreement payment. Several have asked whether an 8k will be filed to validate the purchase. The USA FR states no. The LA falls within ordinary business conditions therefore is not mandatory to be filed. We are in compliance with SEC rules. This is not the road that TPAC wants to go down, no matter its past.
We value our investors however TPAC should not start a practice that will not be used going forward. TPAC needs total flexibility to work with its funds as it sees fit to grow the company. If TPAC starts this practice for every contract or revenue resource, investors will consistently request. That’s just not efficient. TPAC’s quarterly or annual financial reports will be the standard way of viewing TPAC financials for investors. 8Ks will be filed if and only when there is an event that requires the company to do so.
TPAC will be leaving the OTC markets in the near future. The Financial constructs being put in place ensures a solid base of cash flow and reserve capital. This strengthens our offering to investors. It has for so long been the thought that supply and demand is the key to raising stock prices, well there is more than one way home.
LICENSING AGREEMENT PAYMENTS
Another set of questions involved the $1M dollar Licensing Agreement. What will be the payment structure for the $1M LA fee? When will it be paid and how?
The Licensing payment will be rolled into the Service Level Agreement payment and then paid out in quarterly payments. The licensee will have one quarter from the signing of the Service Level Agreement to begin payments. Payments are to be in the form of currency.
Note: The Service Level Agreement payment is comprised of the manufacturing setup cost, raw material, machinery, engineering, consulting etc. These costs and others is payment to TPAC USA.
There has not yet been an absolute on the renewal process.
TPAC Licensing Agreements profit margins range up to 77 percent after legal and weighted taxes; Service Level Agreements may demonstrate higher revenue however less profit margins.
Alright that’s it for this edition…until next week.
TPAC IR Specialist
ir@tpacbearings.com
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)
Let blockheads read what blockheads wrote.
Risk comes from not knowing what you're doing.
The investor of today does not profit from yesterday's growth.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
If a business does well, the stock eventually follows.
- Warren Buffett
Risk comes from not knowing what you're doing.
The investor of today does not profit from yesterday's growth.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
If a business does well, the stock eventually follows.
- Warren Buffett