Well hello and welcome aboard Whitie, luv your posts...
Definitely agree with you about Bill who has some major goals he wants to fulfill...
Had the opportunity and pleasure to speak with him for over an hour Sunday; impressive and one of those rare CEOs who says what he means and means what he says... the fact he has delivered on his word with proof and filings, etc. keeps me a strong supporter as TPAC's a gem hard to find in OTC.
I'll repeat what I've previously posted here:
If anyone listens closely to that 6/10/15 CC, amidst the 'noise' you'll hear Bill say they were in talks with private equity funds/investment bankers in Hong Kong to potentially acquire the two companies (one in China, the other U.S.) and there would be funds left over to buy back shares. I continue waiting for the 10K which I believe's due mid-Feb (actually year-end 10/31/15 filing) to potentially learn more about this.
Now while some of what's transpired regarding these matters may have happened since the 10K which covers up to 8/31/15, there could very well be additional "subsequent events" to shed light about any funds attained or acquisitions made... so I patiently wait and can actually expect to hear of the diligent work Mr. McKay's been involved in. As I've been told, it's taken a long time to get to this stage but with a facility now in China TPAC's beginning to manufacture actual product and get POs.
Bill McKay is well known in this multi-billion-dollar aerospace industry with a very small and tight knit group and has been around the block with them the last 20 or so years. My understanding, in fact, is he's had many other meetings with Boeing in the past but never before with such high caliber executives and bearings buyers or for as long a session as last week's when he discussed what he has to offer and their needs for 2-1/2 hours.
As many of us know, there are certain things a CEO can't just put out there and a financial or other (8K-notice of 'material events'
filing is utilized to provide this info to the powers-that-be as well as shareholders.
On another note Whitie, we are over a 1000 posts here already on IHang, most of them in the past few days! The first post was made here by chartguy89 on 3/2/14.
Very best to you and all with TPAC!
Definitely agree with you about Bill who has some major goals he wants to fulfill...
Had the opportunity and pleasure to speak with him for over an hour Sunday; impressive and one of those rare CEOs who says what he means and means what he says... the fact he has delivered on his word with proof and filings, etc. keeps me a strong supporter as TPAC's a gem hard to find in OTC.
I'll repeat what I've previously posted here:
If anyone listens closely to that 6/10/15 CC, amidst the 'noise' you'll hear Bill say they were in talks with private equity funds/investment bankers in Hong Kong to potentially acquire the two companies (one in China, the other U.S.) and there would be funds left over to buy back shares. I continue waiting for the 10K which I believe's due mid-Feb (actually year-end 10/31/15 filing) to potentially learn more about this.
Now while some of what's transpired regarding these matters may have happened since the 10K which covers up to 8/31/15, there could very well be additional "subsequent events" to shed light about any funds attained or acquisitions made... so I patiently wait and can actually expect to hear of the diligent work Mr. McKay's been involved in. As I've been told, it's taken a long time to get to this stage but with a facility now in China TPAC's beginning to manufacture actual product and get POs.
Bill McKay is well known in this multi-billion-dollar aerospace industry with a very small and tight knit group and has been around the block with them the last 20 or so years. My understanding, in fact, is he's had many other meetings with Boeing in the past but never before with such high caliber executives and bearings buyers or for as long a session as last week's when he discussed what he has to offer and their needs for 2-1/2 hours.
As many of us know, there are certain things a CEO can't just put out there and a financial or other (8K-notice of 'material events'
filing is utilized to provide this info to the powers-that-be as well as shareholders. On another note Whitie, we are over a 1000 posts here already on IHang, most of them in the past few days! The first post was made here by chartguy89 on 3/2/14.
Very best to you and all with TPAC!
