The issue is not the O/S being reduced. Its how its being done. Bill claims he is buying shares back but anyone who looks at the filings know that TPAC has 0 revenue. Bill has been misleading investors to thinking he is buying back shares when in all reality he is converting shares of common stock to preferred stock. 1 million shares of common = 1 preferred. Those shares can then be converted back to 1 million common shares when Bill or his so called contractors "Insiders" finds it necessary. Bill is nothing more than a con man. Please look at the latest 10-Q it all in black and white. No share buyback ever happened. That is why he refuses to tell investors where he got the money to buy the shares back. He has been ask on Twitter several times but refuses to answer.
This is a major reason why the TA needs to be un gagged and or OTC Markets needs a full reporting SS showing insiders shares. Restricted and non restricted preferred shares. Thats what Bill is hiding from shareholders
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