Copy of a post I made on iHub debunking the "troll
Post# of 2306
Troll question: "I have a question.
Why would the US Government entertain or take a proposal seriously from a company from a void company and that recently been delisted for non-disclosure reasons?
Also, I'm sure someone knows here, but why would or could the US Government sign a contract with a company that is beneficially owned by a Swedish Citizen (JE)?
My response:
"Multiple reasons - all covered in my previous briefs.
The company is not "void" - it is merely delisted from trading on the OTC market pink sheets at present. No different to Omega which is not a publicly traded company either.
Not having filings up to date did not affect the USN awarding the sole source 2019 AAR contract to $TMPS in April 2019 - whether a company is public or private is irrelevant to the DoD - they are interested in the technical merit of the offered capability.
Apart from Airtanker UK which is for the RAF only on a 27-year Private Finance Initiative tailored precisely to the UK task, Omega and $TMPS are the only companies worldwide currently owning already converted tanker aircraft.
Omega on its own is incapable of meeting the USN requirement which is why a Multi (company) Award Contract is being offered with at least 2 companies expected to be selected.
There are no immediately available "spare" tanker aircraft worldwide for a third company to buy.
There are currently no retiring tankers available either for the 2020 MAC - that might change in future for the possible USAF contract if the review ordered by SecAF favors the option of retiring KC-135s early to transfer them to one or more contractors to transfer the maintenance and operations cost overhead away from the USAF to the contractor.
The next retiring military tanker fleet in the world is the French AF KC-135 fleet but that is not until 2025 by which time they will be over 60 years old and are currently planned to be scrapped.
The production line for the A330 MRTT is taken up at maximum capacity for the next 3.5 years and any new aircraft - at $300M each and therefore at a much higher bid price per refueling flight hour - would take a further 9 months to produce.
Any company purchasing old civilian aircraft - like Omega's ex-Romanian example - would then have to have it converted to a tanker and prove the airworthiness of both the original aircraft and the tanker conversion - a process that would take several months."
Tempus Applied Solutions Holdings, Inc. (TMPS) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.