smalls, I can't help but sympathize with your posi
Post# of 22940
I also appreciate the job that IR is trying to do in letting us know what's going on "before" it gets to the mainstream press in the form of 8-K's. This all serves as an opportunity to acquire more shares before the 8-K's are released. So, if you've got plenty of shares already, naturally you want the news disseminated far and wide on official channels so the pps will progress on up to .01. But if you're the investor who doesn't have enough shares and is trying to aquire more shares as funds clear into your account, you want the opposite, of course. I asume you've got all the shares that you need and are ready for it to take off.
But it won't. Not yet. The only thing that will vindicate TPAC as a legitimate company on its way to the Nasdaq is revenue. They just don't have it yet. Oh, they will, even with just the few contracts that have been signed. But the money is not in the bank yet and won't be until the contracts are fulfilled. Not even share reduction will legitimize TPAC because the naysayers will simply ask where the money came from to buy back the shares. Either that or everyone will just assume that the common have been converted back into preferred. Which would be pointless from a business standpoint. They need revenue, pure and simple. The MRVB will handle the share buyback and that can be shown on paper, once it gets rolling but even that will take some time to be effective. So the simple truth is that TPAC just isn't quite ready for prime time yet. However, it will be as soon as the revenue can be slid into the proper column. For now all we have are a couple of signed contracts and an MRVB just starting off.
Take a look at the last 10-Q. There is a statement about "not being able to continue as a going concern." It's been in there forever because the income does not outweigh the expense column. So if you're mister billionaire or millionaire with cash to invest, would you trust funds in TPAC if you knew relatively little about the company? When you're used to gaining 8-23% on your investments per year, are you going to trust that cash flow to some company on the Pinks that shows a debt of $22 million and $100k in income for the first time in forever? No way.
So no new investors will do what you want them to do other than watch and wait for TPAC to do good on their estimate of .01 by whenever.
Yes smalls, the train is coming. And fortunately you and I and others on this board see that it's gonna be a runaway freight train once the boiler is fully lit and it picks up steam. Most people in the investment world will wait until TPAC has proved itself first. But if you do that, you'll miss all of the fun and excitement of the rush out of the subpenny into the glorious light of the dollar and the NYSE. But, it comes with its headaches, like what some would consider what's happening right now. Waiting for the real revenue to be put on the books.
Finally, IR will not be pushing anything anywhere. They're giving us the facts, with spelling errors. But they're still the facts. IR is telling us the money is on the way. That's all. They haven't said it's here yet. When they are able to do that just watch. Everyone, including yourself will suddenly be praising them and forgiving them for all of the so called "going out of its way to alienate and frustrate long term shareholders..."
It's just going to tak a little longer. However, the difference between now and last year is that the contracts have been signed. But we'll just have to wait until they can actually report income on the 8-K, 10-K, or 10-Q.
Tweets will not do it, like you said.