$TPAC Awesome summary, Texas! 1) You mentione
Post# of 22940
Posted On: 04/21/2016 11:53:25 AM
Re: TexasTailchaser #6521
$TPAC Awesome summary, Texas!
1) You mentioned housecleaning in item number one. I think that we will hear more about the housecleaning, or rearranging, very shortly, seeing as Jason Arnold is no longer on the Management Team page, on TPAC's website. I am interested to know who will be taking his place, and if Mr. Arnold will still serve in an advisory capacity, similar to Jason Wenig, on our BOD.
2) Agreed. This is a huge vote of confidence; confidence in the product, the business, and the ability to receive a return on investment(or, at bare minimum, be able to pull out what was put in). 5M in personal funds also is a putting of money where the mouth is, which should speak to Ex-Im/Asian Bankers/etc.
3) Bill had mentioned quite some time ago that there were RFQ's. He opted not to reveal the potential clients, or the numbers. It seems now that that was in good taste, as 25M does not come from small purchasers. And as you mentioned in regards to 3,000 bearings per aircraft, that translates to $500,000 per plane. While it is possible that we have RFQ's for fifty full repair and replacement jobs, I would think that a more substantial portion of those numbers were for the original set(s) of bearings.
4) This is going to be really interesting. I am curious to see the number of entities that offer funding upon approval, and for what purposes the lending serves per each institution doing the lending.
5) While we could see things as soon as 10 days from now, 30 would not be bad either. Considering we can ramp up production capabilities in as little as 8wks(?), and that Bill is placing 5M in assets(likely to assist with that), that puts us at 90 days (8wks = 60 days(+/-) and 30 days out from loan approval added on gives us 90; expansion before lending would be putting the cart before the horse).
1) You mentioned housecleaning in item number one. I think that we will hear more about the housecleaning, or rearranging, very shortly, seeing as Jason Arnold is no longer on the Management Team page, on TPAC's website. I am interested to know who will be taking his place, and if Mr. Arnold will still serve in an advisory capacity, similar to Jason Wenig, on our BOD.
2) Agreed. This is a huge vote of confidence; confidence in the product, the business, and the ability to receive a return on investment(or, at bare minimum, be able to pull out what was put in). 5M in personal funds also is a putting of money where the mouth is, which should speak to Ex-Im/Asian Bankers/etc.
3) Bill had mentioned quite some time ago that there were RFQ's. He opted not to reveal the potential clients, or the numbers. It seems now that that was in good taste, as 25M does not come from small purchasers. And as you mentioned in regards to 3,000 bearings per aircraft, that translates to $500,000 per plane. While it is possible that we have RFQ's for fifty full repair and replacement jobs, I would think that a more substantial portion of those numbers were for the original set(s) of bearings.
4) This is going to be really interesting. I am curious to see the number of entities that offer funding upon approval, and for what purposes the lending serves per each institution doing the lending.
5) While we could see things as soon as 10 days from now, 30 would not be bad either. Considering we can ramp up production capabilities in as little as 8wks(?), and that Bill is placing 5M in assets(likely to assist with that), that puts us at 90 days (8wks = 60 days(+/-) and 30 days out from loan approval added on gives us 90; expansion before lending would be putting the cart before the horse).
(5)
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