I would like to clarify things. To the best of my

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wrmckay
1,191
I would like to clarify things. To the best of my recollection, I have spoken to Carson (thesmalls) twice. Once was in September of 2016 and once in December. In the first instance, he was blocked by IR or Muse and wanted my help to get him unblocked. I offered to help and asked him to refrain from posting or communicating for a few days while I attempted to get him unblocked. Within a few hours of our conversation he was posting again, making my task more difficult. The second conversation was of a similar nature and again I asked him to be patient and again he was not. On both occasions he was full of bluster, telling me how the company should be run, how many shares he had, how he was a long-term investor and very successful, etc. I have an obligation to listen to all shareholders, so I did listen to him.

One thing should be made clear. Carson does not have an inside track regarding information coming from me. The communication with him has been minimal at best. It was clear in talking to him that he had an agenda, much like Spuds and that nothing I said would change his mind or his objective, which in my opinion is to simply be right, even when he may not be. I find it interesting when people like Carson or Spuds are cordial in one-on-one communications, but rant and spread vitriol to the general public. In private they invite me to have a beer with them and in public say that I should be put in jail.

Carson has received no information regarding revenue projections because I haven't given them out. He has requested them as naseam, I'm sure only for the purpose to say they are wrong, if they aren't met. The fact is that at this point it's difficult to make projections, because we don't know how the e-bikes will be received, nor the trikes in Africa. We have a feel for how they will do, but not hard numbers. However, we don't think that first year sales of 20,000 e-bikes is unreasonable, which will put revenue at $14,000,000. For trikes, we don't think first year sales of 10,000 units is unreasonable, which would add another $8,000,000 to revenue. This coupled with EIA and hopefully bearings and SLAs would enhance revenue.

One thing is certain. We do have revenue for this year and expect a lot more. We view this as a breakout year. At the same time folks bash the company for many reasons. Some are personal, some are ego and some are to get people to sell so they can trade. So when IR or Muse says things like hold thru the no bid situation, that means that Muse believes big things will happen, while Carson and others believe it will go to no bid. Muse is saying that people should hold their shares, even if they think it will go to no bid, because there is light at the end of the tunnel and big things will happen.

I am very confident that big things ARE happening. We are preparing the first shipment of e-bikes to the States and are also preparing the first trike shipment. Both sets of vehicles have been paid for and will go to distributors who are already creating strong market interest.

I've not come out and said these things before, but I completely recommend that people hold their shares. Big things are happening and we will have a breakout this year. People have been very patient, but this patience is about to pay off. I'm thankful for the words of support from most people and feel compassion for the bashers. Life is too short to go around bitter and unhappy. Enjoy the short time we all have. TPAC will be successful and it will show to those who can wait.

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