here is it.... "in my 20+years of investing"
Post# of 22940
"in my 20+years of investing"
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Trans-Pacific Aerospace C TPAC
Posted On: 10/24/2016 10:54:56 AM
Post#
14230
of 15294 GO
Replies (3)
Posted By: thesmalls
Re: tradingjeff #14229
availability of "new" shares will be limited for 36 months...? what does that mean?
with each tweet coming from IR - it looks more and more like they are running the typical P&D found in the OTC world. vague time frames, misleading wording, obfuscated details, tortured language to the nth degree and not to mention the complete lack of professionalism in the written or spoken word. all failures are blamed on the mysterious "agenda" and lofty targets are casually thrown out with no substance on how they will reach them - only - details will be provided later. when IR came aboard - it was wait 90 days until after reconstruction. then it was wait for the reconstruction update. then it was wait for for financials. then it was wait for NWE. now it is wait for the 26th for updated guidance. etc. etc. etc.
in the meantime, stock continues to slide and OS continues to increase. regardless of WHAT happens in the future - there are plenty and seemingly unlimited # of shares available now. i am not buying the whole "want to buy cheaper" theory whether it is individual or company. if there is potentially explosive or transformative news on the horizon - one doesnt wait and miss the opp. further, if they do wait (do to existing position/capital/etc), they would be averaging in to hedge against missing the "cheap" shares.
in my 20+ years of investing, i have never dealt with a group that openly and aggressively attacked, mocked, and misconstrued information to shareholders as this group. CEO/company would be better served to its long term shareholders (and not those with a 3 month time horizon and sitting at a trading desk all day waiting for news to dump) to relegate this group (Integrated Revenue...) to whatever its core capability is and get a real, professional, and competent IR (as in Investor Relations) group to handle specific and targeted communication to shareholders.
how long does it take to put out a PR on a $135MM contract? when is the investing public going to know about his SLA and its long term impact on TPAC and its ability to execute the rest of its updated business plan? right now - the only outside investors who know about this company are on their Twitter or email feed and any pushback on either of those forums gets one booted and told to speak to Bill directly. how does that help alleviate his workload (which was originally communicated as the reason for the shift) if every shareholder who gets bounced back to him is irate at the way their questions were handled by the current IR* group...?
yeah yeah - its the agenda. can someone explain what/who the agenda is? i dont expect anything since there has only been one or two legitimate responses to questions prior with a massive unloading of ire pointed my way - mostly from IDs that were created right around the time that IR came aboard.
if they are really so transparent - why dont they claim a mulligan and start anew with shareholders and explain how they are compensated/contracted so that shareholders can decide for themselves how the respective vested interests correlate in the short and long term.
unfortunately - im expecting another egg to be dropped on the 26th. a healthy dose of wait and see, revision on PPS target with still no substance on specific steps/timelines on how they will achieve new target, no specifics on new contract signings on the EIA front, and a whole bunch of self congratulatory "talk" on the effectiveness and viability of MRVB and how that will transform the company in the upcoming year.
when Bill was managing his own information flow - he clearly stated timelines, plans, intent of both, and executed. when things went awry - he objectively explained missteps/errors (such as 700-800MM error in OS count). PPS was significantly higher, OS was lower, and the focus was on non esoteric means of revenue production. now...?
i hope i am incorrect. history is not on my side for being wrong on this one. investor sentiment is certainly on my side as far as lack of trust or belief in IR which is clearly demonstrated in consistently declining PPS and larger and larger offers on the ASK (even when taking in consideration FINRA short numbers). is this being manipulated by opportunists on the MM side...? absolutely! any OTC stock with any volume is. however, what has given the MMs ammunition to be aggressive while facing minimum risk?
out of curiosity - i would like to hear from long term shareholders (those who consider themselves long term - multiple year time horizon and not active traders) who have been frustrated by IR and spoken to Bill directly. the open forum is obviously not conducive for that. feel free to PM me to exchange notes. curious if there is consistency on both fronts..