Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just noticed where I still have some shares in this company, does it still exist? TIA
THAT was GREAT advice my friend..
What about those who purchased from different brokage firms? Who do they contact?
I wonder if a class action would of been possible?
revoked!! it was a scam !!
As it appears, the story goes something like this;
TADF operations were all mainly just a bunch of made up BS stories. Management's only goal was to get paid thru the issuing of TADF common shares (IMHO). It seems the SEC started to looking into TADF's financial reports and apparently found some irregularities with TADF's reported share counts, and thus pursued the CPA that had signed off on their "audited" financial reports, and popped him for fraud (see link below).
That left TADF management with the required responsibility to get all their financial reports re-audited back as far as 2009, and then file those amended reports, and more, just to get back to a current condition with the SEC. My guess is that if management had had the books properly audited, the auditing firm would have easily found fraud(s) that they would then be compelled by law to report to the authorities, to avoid Mr. Pollard's fate.
Since management had no real desire to be charged with securities fraud themselves, they just went dark until the SEC revoked their ticker, because the SEC really had no other options without any evidence. Basically with no evidence tying TADF's principles directly to creating the share count fraud, they walk, and can't even be sued, because all the filed reports "can no longer be relied upon" like in a court of law.
As Dale11 said, "That will never happen" and as I hope you can now see, for very good reasons. The end of the story is that all shares of TADF are now a total 100% unquestionable loss at this point, and will never ever be anything else.
CPA Malcolm Pollard's admitted TADF fraud problems with the PCAOB;
http://www.sec.gov/litigation/admin/2013/34-70564.pdf
That will never happen
worthless shares, unless company does the right thing and file to get things back and happening
Thanks for the link :). After reading, I still do not understand 100%. What will happen to our shares? Are they lost?
Explain please :)
Is this stock doing a reverse split? The ticket is invalid on TD.
Tyaz was his profile name, he would pop in every once in awhile to go on a tirade. If you want a laugh go back and check out some of his posts.
I'd love to hear what ole Tyaz has to say...lol
3.8MM, A good friend of mine had 200MM @ between .0002 and .0005
Twenty shares? Guess it matters what was paid for them. Try 135,000. Probably others with more than that.
I'm stuck with my remaining 20 shares.
A risk with this stock was taken for the fact it was listed as "pink sheet". Look up the term to better understand what it meant
A risk with this stock was taken for the fact it was listed as "pink sheet". Look up the term to better understand was it meant
That's a shame that they would do that.
Not sure if there will be any charges against those
that did this, but seems like it should be...
oh well
The "contract" stories were almost all total BS. Anyone can release a press release true or not. If these "contracts" as claimed, would potentially have a "material impact" on TADF's operations, the SEC requires an 8K is filed within 48 hours of the event. No 8K = BS mixed with hogwash, IMO.
Did the company, or anyone else, ever provide a summary
of what happened, and why this has happened to them?
Anything they posted more recently summarizing these contracts
they were always going after, etc.??
I guess it is just a lesson in pennyland.
I'd say no chance at all. As far as I could tell, they cooked the share count and the SEC was on to them. If they did an audited 10K, including re-auditing the books from '09 forward as the SEC was asking, they would have to cop to the fraud, pay the fines, possibly face criminal charges, civil suits, and it's too late now anyway. Now even if a civil suit was started, there is no reliable evidence of the fraud in their filings, because they can not be relied upon as filed.
All you have now in TADF shares that you can count on, is a tax deduction.
Any chance they ever come back?
I had some since mid-2012....
What a shame. What makes it worse they get away with this. And no recourse for the shareholders.
Not delisted, REVOKED... "put an end to the validity or operation of".
After today market makers will no longer take TADF buy or sell orders.
Darn!! I needed to rid 20 more shares...lol
Other words, You lost your money unless the company gets
re-instated
Another lesson learned.
Revocation means the shares can never be traded publicly.
What does that mean? delisted?
I can understand the sell orders. But why is someone buying. At 13:27:34 a buy of 3mil shares
Has anyone else seen this strange trading pattern?
We should see a sell order coming before the closing bell
First trade @ 9:30:10 949900@ 0.0002
Two more trade each @14:12:54 117000 & 1633000 @ 0.0002
Someone is playing games with this stock
Out at .0002 peace be with you tadf...????
Have you noticed the trading pattern the past two days?
Flagged for being bull shit
Can we somehow get rid of that post claiming they got a $355mil contract. I can't believe it ever being a true statement.
Followers
|
234
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
19899
|
Created
|
09/20/07
|
Type
|
Free
|
Moderators |
http://www.otcmarkets.com/stock/TADF/quote
Tactical Air Defense Services was founded to provide and capitalize on the aviation support needs of the U.S. Military and other allied nations. The company is positioning itself to utilize a fleet of the most advanced fighter jets and aerial refueling tankers in the world to fulfill a variety of United States Department of Defense and allied foreign nations' military aviation training needs.
Tactical Air Defense Services has assembled a staff of top aviation professionals with years of experience in training military forces and thousands of hours flying jet aircraft to provide the highest level of pilot and crew training, maintenance and support services.
The company will utilize the latest generation of subsonic and supersonic tactical fighter aircraft, including the Sukhoi SU-27 Fighter and MiG-29 along with the only commercially available IL-78 aerial refueling tankers in the world. The IL-78 is capable of refueling three aircraft simultaneously. It also has numerous other capabilities as a cargo aircraft and the unique ability to operate as a fire-water bomber used to suppress wildfires.
Headquartered at the Grayson County Airport in Denison, Texas, Tactical Air Defense has the capacity to provide clients with the most comprehensive logistical, repair and aircraft training support services available.
6,000,000,000 - A/S*
3,438,059,244 - O/S*
774.9 Million - Float
*From the SEC Filing:10-Q dated September 30, 2011
Tactical Air Defense Services, Inc., Home of the Embraer Super Tucano!
Chart:
Check out this Video!
http://www.youtube.com/watch?v=2uoWeB2O6qQ
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |