Hey Rob, do you mean the 6/10/15 conference call?
Post# of 22940
Posted On: 01/31/2016 6:03:05 PM
Hey Rob, do you mean the 6/10/15 conference call? Am not sure there was a sh mtg...
The number if anyone wants to hear that CC is 712-775-7029, then you have to enter the code 865-018-462# ... the first 10 min. is nonsense before they figured out how to mute and then a lot of great info for over an hour. There are prompts when you first call telling you how you can fast forward or back up.
McKay noted expected revenues during the first year of production could be around $4.5M and that may grow to around $150M in five years. We know with a new manufacturing facility they're ready to produce and getting these potential new partners Bill's very recently put out tweets about should bring in those big POs (Purchase Orders). TPAC was going to cancel 700M or more shares and we've seen that take place since. Getting rid of Asher/KBM convertible debt has been eliminated since the CC according to Bill.
He also said they're coming up with capital from insiders, including himself, for the share buy-back.
I've also relied on that June CC regarding potential acquisitions. Bill stated the following (as I've mentioned here before I'd been a broadcast journalist so accuracy, attribution and sharing info 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.... "
TPAC having the only manufacturing facility in China that is NAVAIR qualified (approved for AS81820 & AS81934)... having superior delivery time and great pricing as well as China offset advantages no one else has... with strong interest from three funds Bill plans to meet with this coming month and... also according to Bill, TPAC now being the first and only bearing supplier to a major international aerospace standards distributor as the QA system was approved.... I believe the company business plan of June 2015 is coming together.
http://www.tpacbearings.com/sites/default/fil...n-2015.pdf
Quote:
If you haven't got a chance to listen to last April stockholders meeting I would highly suggest it.
The number if anyone wants to hear that CC is 712-775-7029, then you have to enter the code 865-018-462# ... the first 10 min. is nonsense before they figured out how to mute and then a lot of great info for over an hour. There are prompts when you first call telling you how you can fast forward or back up.
McKay noted expected revenues during the first year of production could be around $4.5M and that may grow to around $150M in five years. We know with a new manufacturing facility they're ready to produce and getting these potential new partners Bill's very recently put out tweets about should bring in those big POs (Purchase Orders). TPAC was going to cancel 700M or more shares and we've seen that take place since. Getting rid of Asher/KBM convertible debt has been eliminated since the CC according to Bill.
He also said they're coming up with capital from insiders, including himself, for the share buy-back.
I've also relied on that June CC regarding potential acquisitions. Bill stated the following (as I've mentioned here before I'd been a broadcast journalist so accuracy, attribution and sharing info 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.... "
TPAC having the only manufacturing facility in China that is NAVAIR qualified (approved for AS81820 & AS81934)... having superior delivery time and great pricing as well as China offset advantages no one else has... with strong interest from three funds Bill plans to meet with this coming month and... also according to Bill, TPAC now being the first and only bearing supplier to a major international aerospace standards distributor as the QA system was approved.... I believe the company business plan of June 2015 is coming together.
http://www.tpacbearings.com/sites/default/fil...n-2015.pdf
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