A plethora of excellent posts coming from the boar
Post# of 22940
I would like to touch on a variety of reasons on which I am currently satisfied with my investment, despite continued down trend in PPS.
1.) The company has received its first realized revenues through the EIA division with 2 early payments made from Woodward Global. Also, the sale of CS1 stocks in the MRVB platform has also generated a significant chunk of revenue within a time period of 3 months - from $2k to a reported $900k - through increased buying power leverage. What's not to love about that? Global presented the company with $17,000 in unrealized / realized revenues this week, imagine if they continue in the rate of lucrative growth - what the weekly revenue could be 3 months from now? What if Global were providing the company with $100k weekly?
2.) The CEO has already stated that he is moving to China to focus on the business. To completely uproot & take such risk in moving to a communist state to focus on building a business that is in poor financial health.. That's just about as confidence boosting as a CEO or other insider buying large amounts of his stock - it shows great confidence in the longevity of the business.
3.) The share reduction program has initialized on 11/1 - with a goal on retiring 75% of the O/S. TpacMUSE has also stated that with every chunk of the O/S retired - the A/S will effectively be lowered as well. This will certainly help gain the confidence of wealthier investors & make an easier transition to higher stock exchanges. Which could aid in providing investors & traders alike who hold millions / hundreds of millions of common shares, the ability to liquidate their positions in a fair amount of time.
4.) NO R/S for 2017 & a 2.1 BILLION share bid @ .0003 for $TPAC on PRIME. Again, no matter what happens with the stock for 2017, we can rest assured that the company won't let the share price fall below .0003 & or reverse split the stock in 2016 / 2017.
5.) 2016 Q4 financials are due by December 15th.. Why is this important? The company has stated on its twitter page the following statement:
Quote:. Removing this language would do wonders in boosting long term shareholder confidence - which could allow for longer & higher stock up-trends when & if conditions present. In summary this would be a win / win for both short & long term investors / traders.
We expect revenue in calendar Q4. Should this occur, we believe we could eliminate "going concern" language in the K and filings thereafter
6.) TPAC is current in their reporting with the SEC. Also TPAC maintains a valid legitimate business address - unlike such other entities (* HJOE *) which was recently suspended from trading for failing to maintain such.
Lets see what china watch & next week news from IR brings to us here!
- All in my opinion
$TPAC