SM, I get my information from what I consider reli
Post# of 22940
Posted On: 01/18/2016 7:22:58 PM
Re: smartmoney #1221
SM, I get my information from what I consider reliable sources... and in the world of OTC 'pennies' that means from truthful company leaders (may be few and far between) who say what they mean and mean what they say, who file financials and 'material events' with authorities, preferably in timely allowable fashion, to prove to the world their word is the truth and that they follow up on their word.... also from filings/SEC or affiliated reputable third parties.
To that end, here I'm relying on the 6/10/15 conference call regarding potential acquisitions I expect TPAC is pursuing. So, according to that CC, Bill McKay stated the following which is almost verbatim (been a broadcast journalist for 25 years so accuracy, attribution and sharing information is what I like to think I do best, lol):
McKay: "one of the things we're working on is potential acquisitions... we've been approached by two companies, both of whom are quasi-affiliated with us, who know us, who've dealt with us in the past, who are interested in us acquiring them. The combined revenues for these companies for this coming year will be close to $30M or about $27M... there's a lot of synergies in that they manufacture similar parts, so that orders could be farmed out to China at lower cost. With respect to the potential acquisition of these companies, I'm going to be meeting with these companies and these folks in Hong Kong and gonna strategize with respect to discussing the acquisitions with either private equity funds or various funds who might be interested in handling any debt service.... "
Of course McKay continued he can't guarantee any of this 100% but I can only believe he's sure been working on it... and with quality approved products, manufacturing facilities, competitive pricing with importing surcharge savings and better delivery time than others... sky's the limit as they say.
And btw, in that same CC, McKay said they're coming up with capital from insiders, including himself, for share buybacks....
To that end, here I'm relying on the 6/10/15 conference call regarding potential acquisitions I expect TPAC is pursuing. So, according to that CC, Bill McKay stated the following which is almost verbatim (been a broadcast journalist for 25 years so accuracy, attribution and sharing information is what I like to think I do best, lol):
McKay: "one of the things we're working on is potential acquisitions... we've been approached by two companies, both of whom are quasi-affiliated with us, who know us, who've dealt with us in the past, who are interested in us acquiring them. The combined revenues for these companies for this coming year will be close to $30M or about $27M... there's a lot of synergies in that they manufacture similar parts, so that orders could be farmed out to China at lower cost. With respect to the potential acquisition of these companies, I'm going to be meeting with these companies and these folks in Hong Kong and gonna strategize with respect to discussing the acquisitions with either private equity funds or various funds who might be interested in handling any debt service.... "
Of course McKay continued he can't guarantee any of this 100% but I can only believe he's sure been working on it... and with quality approved products, manufacturing facilities, competitive pricing with importing surcharge savings and better delivery time than others... sky's the limit as they say.
And btw, in that same CC, McKay said they're coming up with capital from insiders, including himself, for share buybacks....
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