Tcp International Holdings Ltd. (delisted) (TCPI)

TCPIF FINRA Deleted Symbol

Acquisition/Merger

http://otce.finra.org/DLDeletions

"Cash Merger; for every one (1) share held shareholders have the right to receive $1.00 in cash."

Merger approved.

yup

Yes, I'm here

Hello hello. Anyone else here beside me?

https://finance.yahoo.com/news/pomerantz-llp-levi-korsinsky-llp-183100831.html

I am in.

13D/A filed today.

I was right about merger. I will take my 20% gain and re invest. Bought many retirement shares at .50. Know when to hold em and when to hold em. Value is king.

Time IS telling.

My prediction for this stock was given last year here.

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Well that was a big move up. Sale or merger soon and fair value of $1.25. Someone wants this with bids of 41000 shares. Time will tell.

Well, that was a BIG MOVE --->

DOWN

This from their NT10 Q does not look good:

Unaudited preliminary financial results for the quarter ended September 30, 2017, are expected to include:
• Revenues within the range of $59 million to $61 million, compared with revenues within the range of $102 million to $104 million for the quarter ended September 30, 2016. Revenues decreased from the third quarter of 2016 primarily due to lower sales of LED and CFL products to retail customers in North America and Europe.
• A non-cash charge for long-lived asset impairments within the range of $1.4 million to $2.4 million related to impairment of CFL-related product facilities and equipment. The Company is still in the process of finalizing the fair value measurements used to determine the final impairment charge to be reported.
• Loss before income taxes within the range of $(4.1) million to $(6.1) million, compared with income before income taxes within the range of $7.5 million to $8.5 million for the quarter ended September 30, 2016. Income before income taxes decreased from the third quarter of 2016 primarily due to the reduction in revenues and the resulting decrease in operating leverage in our manufacturing operations along with the long-lived asset impairment charges, partially offset by lower payroll expenses and a $1.1 million gain on the sale of the Company's Shanghai sales office.
• A non-cash charge for the establishment of a full valuation allowance against the net deferred tax assets of $16.9 million (or $0.58 per share) within the Company's U.S. operations.
• Diluted loss per share within the range of $(0.70) to $(0.75) per share, compared with diluted earnings per share within the range of $0.16 to $0.18 per share for the quarter ended September 30, 2016.
• Cash and cash equivalents of approximately $12 million, compared with cash and cash equivalents of approximately $26 million at December 31, 2016.
• Total debt of approximately $35 million, compared with total debt of approximately $33 million at December 31, 2016. The remaining borrowing capacity under the U.S. revolving line of credit was approximately $19 million at September 30, 2017.

In light of declining revenues, the Company is evaluating alternatives for improving efficiency. If the Company continues to experience lower revenues, or if any activities undertaken by the Company do not result in sufficient efficiency benefits, the Company may continue to experience operating losses.
The audit of the Company's annual financial statements and reviews of its quarterly financial statements have commenced but there can be no assurance that material adjustments to previously issued financial statements, previously disclosed preliminary results or these preliminary results will not be required.

Then from the last 8k:

On October 26, 2017, Zachary A. Guzy, Chief Financial Officer of TCP International Holdings Ltd. (“the Company”), resigned to accept a position with a consumer products company not affiliated with the lighting industry. His resignation did not arise from any disagreement on any matter relating to the operations, policies or practices of the Company. Mr. Guzy will remain with the Company through November 17, 2017.


Caution advised.

Continuation of up move tomorrow. Forty times recent volume, Big move coming!

TCPI changed to TCPIF:

http://otce.finra.org/DLSymbolNameChanges

TCPI delisted from the NYSE to the OTC:

http://otce.finra.org/DLAdditions

* * $TCPI Video Chart 07-20-16 * *

Link to Video - click here to watch the technical chart video

TCPI doing well and moving up to $2.00 initially until earnings announced.

Big move for TCPI - any news coming?

The Yahoo message boards have been totally ruined.
Perhaps now people will begin posting about TCPI on
Investorshub message board.

Next stop $2.00. The company is really advancing with great new hires and connections with Phillips.

Out - they're very late now with the overdue filing, guessing numbers will be extremely negative.

Add .82 - will look to exit or add depending on pps and news?

Rebuy .96 - will look to exit or add depending on pps and news?

TCPI STARTING UP AGAIN

TCPI buy the dips..a lot more here!

TCPI target 2.17

TCPI TAKING OFF

Sold at 1.25 - will look to reenter depending on pps and news?

Rebuy 1.01 - will look to exit or add depending on pps and news?

TCPI momo play like MCUR// 1.24 AH ..3.15 book/7m float/ 1.19 cash!!

TCP is on a rebound currently. $1.15 with $1.25 after hours. Sales have been down in the LED market due to the drastic drop in LED lamp pricing. Look for more upswing once the internal review is completed on BOD and officers. This is a move to prevent Ellis from being CEO in the future at TCP.

Sold at 1.18 - will look to reenter depending on pps and news?

7 million float, 28 million OS
Almost 400 million revenue annualy
Market cap 25 million?crazy!!!
No near term debt concern
IPO last year at 11$
Insider holds about 60% of the total shares
Buyout highly probable or privately to be taken

At 2$ company valued at 56 million$
At 3$ 84 million$
At 4$ 112 miilion$
At 5$ 140 million$

I heard company has worth 100 million$ in inventory.

Book value at 3$

At .83 cents its worth taking some risk here.

Ive seen many penny stock with crazy market valuation and trading more than .80 cents.

Yan stepped down didn't he? So there would be no more investigations on them other than the junior attorneys because of the huge move, right?

I'm in from .83, What are your thoughts here come earnings?

Sure thought this would bounce higher off that pummeling to a .80 low? $3 Book and eps of .52 for the previous year.

Bidding .70's and look to bid .60's if they want to sell it that low?

New deal with Belkin.
http://www.tcpi.com/news/belkin-international-and-tcp-announce-relationship-to-add-wemo-capability-to-tcp-led-lighting-solutions

BUY TIME

Averaged down a bit and currently green.
Looking at 8-7-2015 cause history repeats.

Got a starter at 87 cent.

Likewise. Some considerable risk yet but the selling seems a bit overdone.

Seems like panic selling.
Got a starter at 87 cent.

Down to a dollar.

Lots of sells today. Shorts. Low vol. under 4 soon

This popped on new CEO announcement alone? Not impressed. Smart profit takers will cash out today. With Greek referendum looming there's no telling what the market will be like next week. shorts will make bank here.

I'm still in ??

All out 2.77!

TCPI slow and steady...

This looks good

Yes, I agree. My initial purchase was 2.76, and averaged down to 1.98. This thing should continue to rise up until earning date of April 15. Lawsuit should get thrown out, and with good earnings, back up to 7.00. Hell, with over 500,000 shares short, a short squeeze on news could rocket this thing quick.

this has to be one of the most under-valued buys in the entire market! I will be starting a position of 25,000 shares tomorrow , as after careful research, this looks ready to pop back to double digits. Enjoy.