$TPAC This is still looking like a solid long-ter
Post# of 22940
There is a lot to look forward to here and Mr. McKay still remains transparent and honest. He screwed up and he admitted it publicly. He did not shift blame onto other entities, such as TKR, etc.
We have a company that is about to be debt free as of 7/23, with an 8k as proof. The company will not take on any future toxic/convertible debt. Our facility in China has been provided for by private investors. We have NAVAIR certification and are only one of six companies in the world with that license, not to mention the only company in China with that particular stamp behind the name. We have CAGE code and QPL, and can therefore sell to the government. We have many other relationships in the aerospace industry as evidenced by management team's resumes. We have relationships in China with subs, etc. We have self-lubricating, spherical bearings that have a minimal degradation rate in the name of fractions of a millimeter per 25,000 rotations; we should soon be approved at 100,000 rotations at the same rate of damage. We also stand to save the Chinese a significant amount in taxation and duty as our facility grants us local status, therefore eliminating or mitigating costly shipping.
There will be no reverse split and only a few possible ticks to fall. It seems like a no-brainer to me to add any dips here. I love buying the impatience of others; though I do understand that some people only play charts for short-term flips in a calculated format - they were never longs anyway and can always come back as we drop or rise as it is nothing more than a chart to them. Fundamental investors using technical analysis for entry/exit points will be here long-term. The big picture hasn't changed for them and investing will continue on as usual with the cheapest price being most preferred, to be held for maturation of company and subsequent share price revaluation.
This situation is akin to a Realtor losing one contract. It happens all the time and even if the Realtor made a mistake, it will only tank the contract but not the business unless something highly unscrupulous was carried out. It is nothing more than an ant bite on a finger as opposed to losing the entire arm.
Keep focus here and do not make mountains out of molehills. People are counting on the mentality of fear so that they may purchase the perception of misfortune. This is a bit of a black eye on the trading world but does nonetheless exist. I hope everyone has a great weekend and takes a little time away from emotions and chaos arising from external message board sentiment to ask themselves pivotal questions about how things have changed from before the PR to after, and will answer only in the driest of logical methodologies.
I am still long here with 20M+ shares. I may add if the price is right and the bid does not seem too large to prohibit a desirable additional point of entry. Good luck to all.