$TPAC I can't say I've heard anything, but my guess is that the PO is complete or very close to. Given that the company business plan equates the average aircraft as having 3,000 bearings at a total cost of $500k, the most assumptive guess I can venture is that this order was for 600 bearings(1/5 of 3,000 based on $100k being 1/5 of $500k). While it may or may not be finished, I think there is a solid reason(or set thereof) for the details to not yet be released. I'll go through a quick list of speculative scenarios as to why the details are still behind the curtain: 1) After the Timken debacle in which the company was bombarded and harassed before the product could arrive, and subsequently by which the order was cancelled, it may be safeguard for the current relationship not to disclose. 2) The PO is part of a partnership that has yet to be revealed and details of the order will come out alongside details of the partnership. 3) It may have something to do with one of the acquisitions. 4) Bill might hold off until the check hits the bank, the company is satisfied with the first order and then places a follow-up order, and the check is in the bank, with 3rd party approval given. 5)The PO may not yet be finished, so PR'ing it now would be under false pretenses. 6) The PO may be finished and may even have 3rd party approval, but the company is holding the cards tight for a news campaign or even one monster release that will include the purchase order and a whole host of other details.
Again, this is all speculation, but my guess is that we'll hear something within the next few weeks.
Again, this is all speculation, but my guess is that we'll hear something within the next few weeks.
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Trans-Pacific Aerospace (TPAC) Stock Research Links
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