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  4. Trans-Pacific Aerospace (TPAC) Message Board

Thinly veiled? My criticism wasn't veiled. A spoke

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Post# of 22940
(Total Views: 373)
Posted On: 07/13/2017 11:08:41 AM
Posted By: NoSheepleHere
Re: wrmckay #19280
Thinly veiled? My criticism wasn't veiled. A spokesperson for the company guaranteed $13.5 million in revenue from BTL in 2017 and projected around a quarter to half million by the end of 2016 from a mix of revenues sources. EIA projects referenced and BTL were neither small nor are they new. The outstanding shares targets provided by you and then James were both way off base. You specifically commented the move to Wyoming was not about increasing the Authorized yet it is well on its way to doubling within another month at current rate. There are plenty of things to be critical about and shareholders are justified in asking those questions especially when your IR source kept repeating the 0.01 target along with tweeting about how successful MRVB was going and buyback started. All of this was ignored or swept under the rug while the e business was introduced. I'm sure most shareholders would agree they wouldn't care if the revenue came from bikes or bananas but none of the opportunties the company has chased have produced so far.

Sorry that I won't be patting you on the back for posting here and I am sure I will be attacked just like those before me for stating the obvious and asking for accountability for prior estimates and targets. It is one thing to miss an estimate and explain the miss and adjust the plan accordingly. It is completely different to guarantee revenue and stick by highly speculative price targets and then just act like they never existed. Stick with the bearings, bikes, and bananas.



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