Posted On: 08/15/2016 2:26:26 PM
Post# of 22940
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Email from $TPAC's IR Specialist (note the last point in bold):
Quote:
Augmenting TPAC with an Export Division strengthened its global presence and demonstrates its upscale export-import assurance capabilities.
· TPAC’s Export Division provides export negotiations with new global buyers for commodities from Metal works, Oil, Lithium, non-GMO foods and Gold…..TPAC sees new contractual revenue above $100M through 2017 (forward expectations).
· Also, TPAC’s Export Division meets Sovereign Guarantee Loan Program criteria.
· Due to the unexpected growth from the Export Division, TPAC has chosen to wait for Ex-Im Bank’s nomination process to complete before processing its $85M LOI in hopes to process for higher than $10M of the full $85M value.
TPAC IR Specialist
ir@tpacbearings.com
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Success is never final; failure is never fatal. It's courage that counts.--John Wooden (1910-2010)
Courage is being scared to death, but saddling up anyway.--John Wayne (1907-1979)
Courage is being scared to death, but saddling up anyway.--John Wayne (1907-1979)
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