I'm still holding shares here, nothing has changed
Post# of 22940
The financials were not impressive, Assets / Liabilities ratio wasn't anything to raise concern for me. I wasn't content with the amount of shares that were issued, but - tpac is still transitioning out of the 'developmental stages' of the business and approaching the pinnacle point of 'significant revenue growth' - as so as is presented by TPAC & TheMuse, so that's just a tough realization that we have to accept. I am a bit disappointed that the $109k p.o issued earlier this year has not yet been received by the company, thus being in the 'accounts receivable' category.. I hope payment will be awarded soon so that capital can be put towards good use.. I will also comment on the newly established consulting agreement between TPAC & Woodward Global for the amount of $2,000,000 for consulting services provided to Woodward Global for a period of 12 months - that is excellent, but when will the company receive payment from that agreement? That is something that needs to be expanded on further through discussion with Bill & TheMuse, so if you're still following along - I suggest that this gets brought up. Did you also question this mornings tweet from IR in regards to meeting the EOY PPS target through an O/S reduction? Wasn't it made clear that no share reductions would occur in 2016 and no reverse splits for 2016 & 2017? I am now curious through this newly established consulting relationship between TPAC & WG, if part of the $2,000,000 will go towards a share reduction this year to meet that goal.. Just pure speculation, but that's something I'm considering may or may not happen..
Anyways, in conclusion I am banking on the prediction through my DD & board's DD, that this company will grow to be a successful multi-million dollar company within the next 12-18 months, some form of EX-IM financing will be awarded to the company, and that the PPS will be out of these ranges -hopefully for good.
imo
$TPAC