Let me try to explain this so it makes a little more sense to people who read this board and get snowballed by our largest contributor of misunderstood, misinterpreted and misrepresented "shareholder " of TPAC. I don't fully understand how everything works according to law so anyone who wants to add on is more then welcome.
Bill decided to bring in SI in order to evaluate and restructure TPAC in order to offset the difficulties involved with doing business with a company the size of Boeing. Mainly, the amount of cash needed to fill an order of that size, produce the parts, deliver parts and then wait 180 days to get paid for them. Meanwhile still do business for that half a year until the paycheck arrives (if it comes on time).
So SI came in. Did a 90 day evaluation. At the end of that, they formed a plan. To start, it was determined there was a need for a 3 year reconstruction period. Keep in mind during said time many variables have and will evolve due to changes in surroundings and atmosphere involved in the world we live in. So, it was decided that:
-Instead of manufacturing the parts it would be more cost effective to sell LA and SLA contracts to existing manufacturers.
-combining the resources of SI and TPAC would greatly improve goals of both organizations. Hence SI PAC.
-in order to create enough revs to compete on the scale they were aiming for they needed to find a consistent source of income to build from. You now have MRVB, E transport and EIA.
Now, here's the fun part about SI. They are not a publicly traded company.
They don't have to report their info to the public. TPAC MRVB is held and controlled by SI for TPAC. No public reporting necessary. They also have a program in which they train youth in underprivileged communities in which TPAC is the penny stock they use as the lesson plan. Which is simultaneously being used as part of the buyback program. Which now means the buyback is spread out through 1000's of different people and accounts. Therefore, no need to file as a large shareholder. But still able to lock down an overwhelming amount of the share structure.
This brings us to current. All these things don't completely come into fruition until the reconstruction is complete. At which point, MRVB is handed over to TPAC as a source of reportable income.
This is my understanding of how everything is working to date. Like I said please add anything I've missed or misunderstood as I'm doing this purely from memory and interpretation. I just want to make sure that the people who read this board, who may be on the fence, as I once was. Are not strayed by the ramblings of people that spout off form numbers and questions that they are not willing to ask the CEO for the purpose of scaring off potential investors in order to hold the price down for the MMs that they work for. Sorry for the novel. GLA!
Bill decided to bring in SI in order to evaluate and restructure TPAC in order to offset the difficulties involved with doing business with a company the size of Boeing. Mainly, the amount of cash needed to fill an order of that size, produce the parts, deliver parts and then wait 180 days to get paid for them. Meanwhile still do business for that half a year until the paycheck arrives (if it comes on time).
So SI came in. Did a 90 day evaluation. At the end of that, they formed a plan. To start, it was determined there was a need for a 3 year reconstruction period. Keep in mind during said time many variables have and will evolve due to changes in surroundings and atmosphere involved in the world we live in. So, it was decided that:
-Instead of manufacturing the parts it would be more cost effective to sell LA and SLA contracts to existing manufacturers.
-combining the resources of SI and TPAC would greatly improve goals of both organizations. Hence SI PAC.
-in order to create enough revs to compete on the scale they were aiming for they needed to find a consistent source of income to build from. You now have MRVB, E transport and EIA.
Now, here's the fun part about SI. They are not a publicly traded company.
They don't have to report their info to the public. TPAC MRVB is held and controlled by SI for TPAC. No public reporting necessary. They also have a program in which they train youth in underprivileged communities in which TPAC is the penny stock they use as the lesson plan. Which is simultaneously being used as part of the buyback program. Which now means the buyback is spread out through 1000's of different people and accounts. Therefore, no need to file as a large shareholder. But still able to lock down an overwhelming amount of the share structure.
This brings us to current. All these things don't completely come into fruition until the reconstruction is complete. At which point, MRVB is handed over to TPAC as a source of reportable income.
This is my understanding of how everything is working to date. Like I said please add anything I've missed or misunderstood as I'm doing this purely from memory and interpretation. I just want to make sure that the people who read this board, who may be on the fence, as I once was. Are not strayed by the ramblings of people that spout off form numbers and questions that they are not willing to ask the CEO for the purpose of scaring off potential investors in order to hold the price down for the MMs that they work for. Sorry for the novel. GLA!
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