Posted On: 07/02/2016 8:38:02 PM
Post# of 22940
Good Evening Board,
I've been preoccupied with work & other things, however with what little time I've had to spare - has been spent following the board & company twitter feed.
I'll start off by sharing the same sentiment & worry as many here probably do - and that is in regards to the share price trend. It seems we are breaking new support levels every couple of weeks or so, and it is clear why - the company has increased the O/S significantly to cover business & operating expenses. Volatility in the PPS movement has also been significantly slowed down due to the larger o/s share float. The trend has slightly discouraged me from continuing to 'average down' as I am now completely perplexed as to what level & when this will 'bottom out'.
Moving forward, I'm sure all of us longs know that until the company begins production of it's SLA's (* bread & butter of revenue operations *) - or can accumulate enough LA's to offset operating expense, more dilution to the share structure can probably be expected. Based off TpacMuse's recent tweet of the company being 'flooded with RFQ's', I have confidence that Bill is working harder than ever to maximize production at the BTL plant, get another sub-contractor in China to begin production on more RFQ's, and last but not least get the soon to be made bearings at TPAC Australia - rolling.
Key Notes To Pay Attention To:
* Over $100 million in contracts to be signed in 40 days - imo if im not mistaken these are not referencing the SLA & LA's that were mentioned prior in may. Those contracts were already signed.
https://twitter.com/TPACmuse/status/748563564776943622
https://twitter.com/TPACmuse/status/734793411476246528
* 2 PR's Will Be Released For 2016
https://twitter.com/TPACmuse/status/747455940794912768
TPAC Expedites AQMS process by reaching out to Boeing CHINA
http://www.twitlonger.com/show/n_1sorcra
* Discussions With AVIC Regarding An LOI To Form A Partnership Continues. . .
https://twitter.com/TPACbearings/status/729724846091829248
https://twitter.com/brmckay/status/747961601899266048
http://www.twitlonger.com/show/n_1sorcio
I wish everyone here a safe & enjoyable 4th of July.
I've been preoccupied with work & other things, however with what little time I've had to spare - has been spent following the board & company twitter feed.
I'll start off by sharing the same sentiment & worry as many here probably do - and that is in regards to the share price trend. It seems we are breaking new support levels every couple of weeks or so, and it is clear why - the company has increased the O/S significantly to cover business & operating expenses. Volatility in the PPS movement has also been significantly slowed down due to the larger o/s share float. The trend has slightly discouraged me from continuing to 'average down' as I am now completely perplexed as to what level & when this will 'bottom out'.
Moving forward, I'm sure all of us longs know that until the company begins production of it's SLA's (* bread & butter of revenue operations *) - or can accumulate enough LA's to offset operating expense, more dilution to the share structure can probably be expected. Based off TpacMuse's recent tweet of the company being 'flooded with RFQ's', I have confidence that Bill is working harder than ever to maximize production at the BTL plant, get another sub-contractor in China to begin production on more RFQ's, and last but not least get the soon to be made bearings at TPAC Australia - rolling.
Key Notes To Pay Attention To:
* Over $100 million in contracts to be signed in 40 days - imo if im not mistaken these are not referencing the SLA & LA's that were mentioned prior in may. Those contracts were already signed.
https://twitter.com/TPACmuse/status/748563564776943622
https://twitter.com/TPACmuse/status/734793411476246528
* 2 PR's Will Be Released For 2016
https://twitter.com/TPACmuse/status/747455940794912768
TPAC Expedites AQMS process by reaching out to Boeing CHINA
http://www.twitlonger.com/show/n_1sorcra
* Discussions With AVIC Regarding An LOI To Form A Partnership Continues. . .
https://twitter.com/TPACbearings/status/729724846091829248
https://twitter.com/brmckay/status/747961601899266048
http://www.twitlonger.com/show/n_1sorcio
I wish everyone here a safe & enjoyable 4th of July.
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