Posted On: 05/23/2016 11:07:11 PM
Post# of 22940
Re: smartmoney #8596
A lot out today on TPAC and on this board... correct SM to say that what Bill told all in the recent past (besides the Presentation Outline) was that he had struck a partnership (not an acquisition) with BTL:
TPAC Bearings @TPACbearings Feb 26
NAVAIR inspected & approved BTL as our supplier. If we change suppliers we must notify NAVAIR. We're in full compliance with NAVAIR regs
And indeed TPAC owns 55% of Godfrey (China):
TPAC Bearings @TPACbearings Feb 26
TPAC owns 55% of Godfrey (China). Both TPAC and Godfrey received qualification approval from NAVAIR; both CAGE Codes. Both are on the QPL.
I think that any 'material event' will be put out in an 8K so we will be kept informed when it really counts and can't forget the 10-Q due mid-June for quarter (to end of April) which should show that $100k order and maybe surprise us with additional numbers.
I also agree with your opinion...
TPAC Bearings @TPACbearings Feb 26
NAVAIR inspected & approved BTL as our supplier. If we change suppliers we must notify NAVAIR. We're in full compliance with NAVAIR regs
And indeed TPAC owns 55% of Godfrey (China):
TPAC Bearings @TPACbearings Feb 26
TPAC owns 55% of Godfrey (China). Both TPAC and Godfrey received qualification approval from NAVAIR; both CAGE Codes. Both are on the QPL.
I think that any 'material event' will be put out in an 8K so we will be kept informed when it really counts and can't forget the 10-Q due mid-June for quarter (to end of April) which should show that $100k order and maybe surprise us with additional numbers.
I also agree with your opinion...
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