Hang in there all, just a reminder from IR's email
Post# of 22940
Posted On: 06/09/2016 4:47:44 PM
Hang in there all, just a reminder from IR's emails regarding reconstruction. According to their timelines, July 23-24ish should be when the 90 days of analysis will be complete. The analysis should give us a good timeline of what the whole reconstruction phase is all about, and what it is set to accomplish. Hopefully Mag can add more to this from his conversation with IR.
May 19 email - 45-90 days is the time allotted to analyze TPACs structure while implementing new strategies, bring new business and financial structures online and introduce policies and procedures that coincide with these developments. The current status is that revenue flows are being determined and at the end of 90 days, a solidified outlook of where it will come from will be noted on the timeline. The plan is still being developed however things are going into effect now as we have updated.
Instead of waiting until after the analysis is complete, the new team made a decision to disclose as much information as possible to shareholders. As significant moves develop or are realized, IR will post.
What happens after 90 days? A timeline outlining TPACs current operational path will be distributed; most items will be already known to shareholders from the IR updates.
May 24 email - Q: Why has reconstruction changed from 45 days to 6 months?
As stated on 25 April, the 90 days is in reference to the analytical process of the reconstruction phase, which currently we have roughly a little more than 60 days to complete. After such time, a comprehensive up-to-date fact sheet with a business timeline will be published to the email group so that again you can stay informed of the progress and how long it will take to complete the reconstruction phase. There has been no time frame change.
May 19 email - 45-90 days is the time allotted to analyze TPACs structure while implementing new strategies, bring new business and financial structures online and introduce policies and procedures that coincide with these developments. The current status is that revenue flows are being determined and at the end of 90 days, a solidified outlook of where it will come from will be noted on the timeline. The plan is still being developed however things are going into effect now as we have updated.
Instead of waiting until after the analysis is complete, the new team made a decision to disclose as much information as possible to shareholders. As significant moves develop or are realized, IR will post.
What happens after 90 days? A timeline outlining TPACs current operational path will be distributed; most items will be already known to shareholders from the IR updates.
May 24 email - Q: Why has reconstruction changed from 45 days to 6 months?
As stated on 25 April, the 90 days is in reference to the analytical process of the reconstruction phase, which currently we have roughly a little more than 60 days to complete. After such time, a comprehensive up-to-date fact sheet with a business timeline will be published to the email group so that again you can stay informed of the progress and how long it will take to complete the reconstruction phase. There has been no time frame change.
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