$TPAC A few nice excerpts from today's email fro
Post# of 22940
From IR:
"However it has been noted that CEO Bill McKay is looking to provide its Boeing’s bearing manufacturing business directly to BTL through agreements"
From returned correspondence from Mr. Yang:
"TPAC will be moving into our new facility next month and we hope to continue working together to expand both businesses, bill is a valued person to BTL"
Tweet from Bill/TPAC:
"@CountryMac1 At times the day-to-day is frustrating but overall progress is great. We'll have exciting news in September & maybe much sooner"
What's next month? Sept. When is TPAC moving into BTL's facility? Sept.
Who is Bill planning on providing Boeing's manufacturing business to? BTL.
Who are we waiting on to have come inspect our facility? Boeing. What two parties is Bill spending his time securing? Boeing and AVIC. Who do we have a $135M 10/yr SLA with (and $1M licensing with)? BTL. Where did those brand new machines (pictured on Twitter) go to be installed and readied? BTL. If TPAC is partnering with BTL for Boeing's manufacturing business and TPAC is moving into BTL's facility month, with Boeing on the horizon to inspect TPAC's (and likely BTL's) facility, with Boeing preferring the AS9100C and BTL having the AS9100C, then why would TPAC make the move and why would BTL be so eager to allow the move after five years already being partnered if there wasn't Boeing and other significant business on the horizon that would be of major benefit to all entities involved(TPAC, BTL, and Boeing, etc)?
Does Bill seem confident of our chances with Boeing?
"I'm confident that once we can get Boeing in for AQMS review, we'll breeze thru the process. Getting the behemoth in is harder than passing"
Did NAVAIR certify us? Yes. Was BTL also approved as our partner facility by NAVAIR? Yes. Two NAVAIR approved facilities passed. Boeing likely to be no different. This is just common sense. Boeing comes in and passes us or Boeing comes in, requests a few modifications be made, both parties comply, and upon the next Boeing inspection, we pass. We got NAVAIR, we can get Boeing too, especially with an international entity like BTL on our side who also stands to benefit.
.000's will only be on fire sale for so long. Congrats to any and all securing them.