I don't know why the 'cut-and-paste' in my post from last night doesn't show up so I'll post this again (slightly clarified):
While I wasn't around to monitor all that happened today think TPAC held up pretty well.
As to the following questioned by smartmoney...
"I would like to see discussion here on what potential revenues and benefits lay within the partnership of Projen & TPAC. Also, these target acquisitions that the company is seeking - what will these acquisitions provide for the company?"
I don't have any more information than was made public by Bill through tweets Feb. 2nd:
TPAC Bearings @TPACbearings Feb 2
Just got an invitation from Projen HQ to go to Dali City after Chinese New Year to discuss a partnership. Will go in late Feb or early March
TPAC Bearings @TPACbearings Feb 2
This is a big opportunity to us to partner with a significant auto/truck manufacturer wanting to develop internationally. Great invitation!
I don't believe Bill can speak of acquisitions and potential numbers at this point... that's info that would come through 8Ks (material events) and/or financial filings.
But it seems like Lifan Shijun Group is a fairly large and reputable truck company in China with their Projen being their newest state-of-the-art truck.
Following is an interesting article from July 2015:
The Projen high-end heavy-duty truck of Lifan will hit the market at the end of this year with State-V emissions standards-compliant models available then. The Projen high-end light truck will also hit the market in August this year.
http://www.chinaautoreview.com/pub/CARArticle.aspx?ID=12340
https://www.facebook.com/shenxiangzhong/photo...384845441/
Lifan produced an elaborate show to present their new truck in July last year:
https://www.youtube.com/watch?v=TKB_qxuqgTs
While I wasn't around to monitor all that happened today think TPAC held up pretty well.
As to the following questioned by smartmoney...
"I would like to see discussion here on what potential revenues and benefits lay within the partnership of Projen & TPAC. Also, these target acquisitions that the company is seeking - what will these acquisitions provide for the company?"
I don't have any more information than was made public by Bill through tweets Feb. 2nd:
TPAC Bearings @TPACbearings Feb 2
Just got an invitation from Projen HQ to go to Dali City after Chinese New Year to discuss a partnership. Will go in late Feb or early March
TPAC Bearings @TPACbearings Feb 2
This is a big opportunity to us to partner with a significant auto/truck manufacturer wanting to develop internationally. Great invitation!
I don't believe Bill can speak of acquisitions and potential numbers at this point... that's info that would come through 8Ks (material events) and/or financial filings.
But it seems like Lifan Shijun Group is a fairly large and reputable truck company in China with their Projen being their newest state-of-the-art truck.
Following is an interesting article from July 2015:
The Projen high-end heavy-duty truck of Lifan will hit the market at the end of this year with State-V emissions standards-compliant models available then. The Projen high-end light truck will also hit the market in August this year.
http://www.chinaautoreview.com/pub/CARArticle.aspx?ID=12340
https://www.facebook.com/shenxiangzhong/photo...384845441/
Lifan produced an elaborate show to present their new truck in July last year:
https://www.youtube.com/watch?v=TKB_qxuqgTs
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