$TPAC Today's action is not surprising. We have a
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Yesterday, it hit the wires that Jason Wenig, brother of Devin Wenig, CEO of eBay,was brought on to the team, serving a role on our Board of Directors. His marketing experience, business savvy, and his ability to successfully navigate the automotive industry from the lens of an insider is of great value to the company. Bill has disclosed that upon moving forward, the company will in addition to supplying aerospace, be entering into the automotive, maritime and mining markets. This is where Jason Wenig is of tremendous value. The automotive sector is his specialty. Given the recent pictorial suggestion of a relationship with Projen/Lifan/Wei Chai Power, Jason acts as a segue between Bill and the executives at the aforementioned companies. There will then be no gaps in understanding, thus leading to the most favorable result.
As per the chart, nothing has collapsed. The RSI may need a cooling on the daily chart. The bounces usually occur as the RSI hits 50. This may very well serve in conjunction with a triple-bottom at .0035 before the next leg. The .0035 level may be short-lived or may never happen. Regardless, all of our indicators are moving up beneath us, giving us further elements of increasing support. Witness the rising of the middle bollinger band, the 50MA and even our resistance pivots. Couple that with the share retirement supporting us beneath from a fundamental perspective, and we are on solid ground for the long haul. The only way the chart will likely collapse is if the company collapses. Too many here now see the inherent value within the ongoing nature of business transpiring behind the scenes as we make our entry in to Phase 3 of the business plan; those in the know see lower levels with excitement and as reason to buy.
This is a very critical juncture and we have pivoted ourselves for a turnaround of what could easily be deemed as of epic proportion. This start-up has blown through Phase 1 in record time, providing us with certifications coveted by most and acquired by only a handful more throughout the globe. We are one of seven companies with NAVAIR and are the only one in possession of such a certification in China, where our factory is located. Also of note, we have recently signed on with an Australian marketing firm to supply Australia, SE Asia and the Middle East. Boeing Australia is the largest foot print next to the U.S., where Boeing is host to 27 locations. Recently we have passed Phase 2 of the company business plan and have become operational. Our factory is complete and we have secured enough liner for two years of work, with plenty of room to grow and minimal cost to expand beyond that of current capabilities. Phase 3, our current phase, is sales and expansion into international markets and across multiple industries in need of bearings. Our share structure is shrinking and we have now just entered the money making phase as we speak. This is where we secure contracts and where we see this aerospace play see a lift-off like no other on the OTC, or by percentage, anywhere else on the stock market. Our current percentage gains are unrivaled by any competitor, penny stock or big board.
This is going to be an amazing year and one that may make history. And for all the above and more, I'm holding long and looking for opportunities to add to an already sizable position here. Thank you to everyone that has provided for all of the good fortune. Your efforts are much appreciated by myself and by a multitude of others.
In addition, here is a quick snap shot of the automotive bearing market, which Jason Wenig will inevitably assist us in securing a portion of.
Automotive Bearing Market worth 186.4 Billion USD by 2020
Asia-Pacific: The largest and fastest growing in automobile bearing market
Read full article, sourced here: http://www.marketsandmarkets.com/PressRelease...earing.asp
As you all can see, our new B.O.D. member is a tremendous asset.
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