Email from $TPAC IR Specialist: Greetings Shareho
Post# of 22940
Quote:
Greetings Shareholders:
Recapped Events since the last 10-Q
· TPAC reconstructs Business and Manufacturing Operations
· Extends Business Strategy: Licensing TPAC Technology & Service Level Agreements
· Implements Broader Scope & Aggressive International Marketing Campaign
· Strategic Plan Set in Motion to Secure Strong TPAC Financial Status/Condition
· Establish Foundation for New Products & Support Division
· As mentioned yesterday, TPAC has an upsurge of request for quotes; monthly requests on average comprise one to thirty thousand pieces/parts for various types of bearings, rods and bushings. CEO Bill McKay is facilitating a way to generate faster response times and outsourcing scenarios for requests.
· These RFQs can be essential for Licensing Agreement holders as TPAC can route more work into their facilities.
· TPAC acquires two Licensing Agreements and one Service Level Agreement. TPAC Australia’s SLA is still advancing; final numbers are still being adjusted as TPAC AU operations are working through government and military contracts. This particular scenario/process will take time.
· There will be a considerable effort to affix several new Licensing Agreements to TPAC over the next quarter and at least 2 more SLAs.
· Reminder: TPAC was seeking $250M worth of business and today TPAC has almost met this in alternative commerce. One more signed SLA will position TPAC at the level of Boeing business.
Shareholders have to be patient. Suffice it to say, these milestones have been reached all within 45-50 days. There still remains a lot of logistics and TPAC has to take its time to do it right.
That wraps the recap.
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