The Fast Rise of TEMPUS APPLIED SOL COM USD0.0001(OTCMKTS:TMPS)

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TEMPUS APPLIED SOL COM USD0.0001(OTCMKTS:TMPS) has seen a spectacular rise in recent days from an $0.03 start to recent highs of $0.50 as word spreads of Swedish billionaire businessman Johan Eliasch purchase of the controlling interest in the Company.

TMPS was trading over $10 2 years ago and has been on a steady downward drift since than hitting recent lows of $0.03. Over the past few days as the stock has skyrocketed TMPS has become one of the most active stocks on the entire OTC quickly attracting a significant shareholder base who is busy bidding this one higher.

TEMPUS APPLIED SOL COM USD0.0001(OTCMKTS:TMPS) provides design, engineering, systems integration and flight operations solutions that support critical aviation mission requirements for a variety of customers including the United States Department of Defense, other U.S. government agencies, foreign governments and select corporations and individuals in the private sector. Our experienced team of professionals provides efficient, economical and flexible service that responds to the most challenging demands facing the aviation industry today. Our commitment to safety and security has earned us a reputation as one of the most forward-thinking aviation companies worldwide. We are headquartered in Williamsburg, Virginia.

The explosive move up on TMPS comes well over a month after Johan Eliasch, the Swedish billionaire businessman purchased a 10% senior note giving him access to 77,500,000 TMPS common shares at a fixed price of $0.08.  He increased his position May 16th, 2017 purchasing and additional 2,032,944 common shares  at a price of $0.13. This means that Jonah Eliasch now owns 79,532,944 common shares representing an 89.8% ownership of TMPS through his holding company Santiago Business Co. International Ltd.

Johan Eliasch, is a Swedish billionaire businessman, and the chairman and chief executive officer (CEO) of Head N.V.,the global sporting goods group, and the former Special Representative of the Prime Minister of the United Kingdom. He is on the board of directors of Equity Partners, Aman Resorts, London Films, the Foundation for Renewable Energy and Environment, Longleat and Acasta Enterprises. He is an advisory board member of Brasilinvest, Societe du Louvre, Stockholm Resilience Centre, Capstar, Centre for Social Justice and the British Olympic Association. He is a member of the Mayors of Jerusalem and Rome’s International Business Advisory Councils. He is the first president of the Global Strategy Forum, a trustee of Cool Earth and a patron of Stockholm University.

One of the first moves by Johan Eliasch since taking over TMPS was installing a new CFO Johan Aksel Bergendorff.  Mr Bergendorff started his career with Ernst & Young before he joined PricewaterhouseCoopers. Mr. Bergendorff. specializes in Mergers & Acquisition which is a hint of the direction our billionaire owner intends to take TPMS and from his bio has ties to the billionaire’s owners other firms.

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The last press release on TMPS came last October when they announced they were awarded a sub-contract from Patriot Group International LLC of Warrenton, Virginia valued at $24.4 million to provide airborne Intelligence, Surveillance and Reconnaissance (ISR) services in support of U.S. Northern Command (NORTHCOM) . Tempus airborne ISR services will be provided as an element of a more comprehensive Counter Narcotics and Global Threats (CN&GT) contract that was awarded to Patriot earlier this year.

Under the sub-contract, Tempus will utilize highly modified turbo prop aircraft and will provide all flight crew, maintenance services, logistics support and secure facilities.  Tempus expects to conduct more than 1,500 mission hours annually in support of the NORTHCOM CN&GT mission. “Supporting NORTHCOM and Patriot Group with our unique aviation assets and dedicated professional aviators and technicians is a mission that we are proud and honored to be a part of” stated Tempus Chief Executive Officer, Scott Terry.

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Currently trading at a $35 + million market valuation TMPS has minimal cash and $12 million in current payables. The Company did $4,386,839 in revenues in the first q 2017 and has 10s of million in contracts on the books. TMPS is one exciting story, they are an established small to midsize DOD company in a very lucrative but difficult sector to get into. In this sector once a company like TMPS is established they often acquire other smaller companies to expand their footprint or the get bought out by one of the big 3 which are Boeing, Lockheed Martin, and Northrop Grumman who often pay anywhere from $300 million to $1 billion for companies of this size. We will be updating on TMPS when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TMPS.

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Disclosure: we hold no position in TMPS either long or short and we have not been compensated for this article.

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