Home > Boards > US OTC > Delisted >

True Product ID Inc.(fka TPID)

RSS Feed
Add Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 6/8/2021 10:41:23 PM - Followers: 21 - Board type: Free - Posts Today: 0



James MacKay,

It's a true shame how you have treated and misled shareholders. I would strongly recommend that anyone interested in investing in any of your companies read some of the statements that you have made in the past and delivered on none of them.  









100:1 REVERSE SPLIT ON 6/16/08


James MacKay video transcript


MacKay and ERG

About True Product ID (TPDI)

True Product ID (TPID) offers superior solutions for anti-counterfeiting and security applications. The Company produces revolutionary taggants, which bond on a molecular level, for anti-counterfeiting, asset management and security identification applications and is also a provider of integrated tracking devices and services that offer accurate and rapid results for a range of critical applications including:


Approved Reverse Stock Split
On November 7, 2007 the Board of Directors of the Company voted to effect a 30:1 reverse split of the Company's common stock. On November 29, 2007, the Board voted to amend the ratio to 100:1. This action was then authorized and approved by the holders of a majority of the outstanding common shares of True Product ID Inc. authorized to vote. The Board then passed a resolution to effectuate the reverse split immediately, in accordance with all applicable rules and regulations pertaining thereto.

The corporate actions taken were authorized pursuant to shareholders written consent in accordance with the provisions set forth in Section 228 of the General Corporation Law of the State of Delaware and Article I, Section 7 of the Company's bylaws.

Mailing Address
1615 Walnut Street
Philadelphia, PA 19102
(215) 972-1601

General Information: info@tpid.com
Investor Relations: ir@tpid.com
Sales: sales@tpid.com

Wilson W. Hendricks, III

Former CEO's
Richard Bendis
William R. Dunavant
James MacKay

KeKe Wang


Wilson W. Hendricks, III
On March 4, 2008, we entered into a new Employment Agreement (the "Employment Agreement") with Wilson W. Hendricks, III.

Under the terms of the Employment Agreement, Mr. Hendricks will serve as our chief executive officer ("CEO") for a period of three years. As CEO, Mr. Hendricks will report solely and directly to our Board of Directors. During his term of employment, Mr. Hendricks will earn a base salary of no less than $240,000 per year. In addition to base salary, Mr. Hendricks will be entitled to receive 500,000 restricted shares of the Registrant's common stock immediately upon completion of the Registrant's 100 to 1 reverse split. Mr. Hendricks will also have an opportunity to receive an additional 500,000 restricted shares of the Registrant's common stock at the end of the first year of his contract, based on his performance of certain performance criteria which the Company's Compensation Committee will determine after execution of the contract.

KeKe Wang
On January 14, 2008, we entered into an Employment Agreement (the "Employment Agreement") with KeKe Wang.

Under the terms of the Employment Agreement, KeKe Wang will serve as our president for a period of three years. As president, Mr. Wang will report solely and directly to our Chief Executive Officer, William R. Dunavant, and our Board of Directors. During his term of employment, Mr. Wang will earn a base salary of no less than $150,000 per year. In addition to base salary, Mr. Wang may be paid an annual bonus as our Compensation Committee determines in its sole discretion. Mr. Wang will be entitled to participate in and be covered under all welfare benefit plans or programs maintained for executive officers. We also agreed to maintain a term life insurance policy for Mr. Wang in an amount not less than $150,000 during the term of his employment. The policy shall pay 75% of its face value to Mr. Wang's estate with the remaining 25% to be paid to us.

Transfer Agent
contact info posted soon

Outstanding Shares
current OS will be posted soon



#1671   $TPID - is this like dead yet? ToucanYoucan 06/08/21 10:41:23 PM
#1670   TPID - Do they ever take these boards down? ToucanYoucan 07/19/19 11:56:49 AM
#1669   TPID - Just wanted to get my 2019 ToucanYoucan 05/14/19 04:41:24 PM
#1668   TPID - I see the MacKay Foundation's website ToucanYoucan 07/13/18 03:33:22 PM
#1667   TPID - Any news on this one? ToucanYoucan 03/24/17 02:36:01 PM
#1666   Does anyone have any information about this stock? ToucanYoucan 11/10/16 06:41:21 PM
#1665   Yeh,he is in the Philipines! balihi 04/27/16 10:58:38 AM
#1664   TPID - Just checking in yet again......First (and ToucanYoucan 01/13/16 02:06:16 PM
#1663   TPID - Just checking in. Anyone know ToucanYoucan 11/02/15 11:30:17 AM
#1662   Any news on this stock? I guess ToucanYoucan 08/21/15 11:44:26 AM
#1661   TPID - I have written James MacKay on ToucanYoucan 04/21/15 01:35:51 PM
#1660   TPID - It really is strange how these ToucanYoucan 04/21/15 01:33:21 PM
#1659   Does anyone have any information about this stock? ToucanYoucan 10/30/14 05:27:59 PM
#1658   Anyone still owning ssty stock please go to board!! Kracker Jones 12/04/13 09:19:21 PM
#1657   TPID revoked: Renee 07/09/12 10:31:16 AM
#1656   TPID SEC Suspension: Renee 06/05/12 09:37:32 AM
#1655   No posts since August 2010? I guess Lebron23 03/01/12 04:12:48 PM
#1654   Oh man. I need my broker to FineWineFella 08/07/10 02:23:41 PM
#1653   Schwab took the restrictions off mine last month. Lebron23 08/06/10 05:23:33 PM
#1652   So how do I get my free shares FineWineFella 08/06/10 12:52:18 AM
#1651   do not buy this SCAM ,do yours DD avdwmvk 02/15/10 11:12:43 AM
#1650   for sell a good SCAM ,SCAM ,SCAM avdwmvk 02/15/10 11:08:55 AM
#1649   hmmmm... globe staff guy running the show now? Al_Capwn 01/27/10 08:18:17 PM
#1648   SSTY had a pee-wee buy at $.0004. Lebron23 11/30/09 02:23:08 PM
#1647   what's up with ssty? Kracker Jones 11/24/09 02:39:17 PM
#1646   Hellow "longs* Peter Piper 08/01/09 06:27:58 PM
#1645   emphasis on the latter... nsomniyak 02/21/09 05:40:19 PM
#1644   the cock & bull is flowing again Kracker Jones 02/21/09 11:33:50 AM
#1643   2009-1-23 Kracker Jones 02/21/09 11:32:04 AM
#1642   中文/Chinese 英文/English Kracker Jones 02/21/09 11:28:41 AM
#1641   Welcome excellent people from overseas and domestic to Kracker Jones 02/21/09 11:22:21 AM
#1640   look at the cash flow statement connome 02/20/09 03:46:14 AM
#1639   http://www.sec.gov/Archives/edgar/data/1011550/000112178109000067/tpid10q123108. mrditbme 02/20/09 12:29:05 AM
#1638   a BS degree for such an important company?? connome 02/19/09 07:40:38 AM
#1637   MANAGEMENT,thank you sir, may i have another? igotano 02/14/09 03:34:09 PM
#1636   hehe... nice... prolly true to. To work truthsayer 02/12/09 12:18:27 PM
#1635   "Charles has a BS degree" BookUmDano 02/12/09 10:08:31 AM
#1634   Form 8-K scoobey-do 02/11/09 11:24:24 AM
#1633   Thats a brilliant response. balihi 12/27/08 12:41:20 PM
#1632   LOL dale1953 12/27/08 11:48:09 AM
#1631   What you see is what I want you balihi 12/27/08 11:46:32 AM
#1630   Surely you still are not defending this company.I dale1953 12/27/08 09:01:24 AM
#1629   Any questions concerning the restricted shares is answered balihi 12/27/08 08:40:51 AM
#1628   From today's SEC report mrditbme 11/19/08 03:38:56 PM
#1627   LOL, thats what we have been talking about dale1953 11/17/08 07:15:36 PM
#1626   My Scottrade account shows the restriction removed and maldenmike 11/17/08 06:48:42 PM
#1625   still show restricted iateone2 11/16/08 10:32:21 PM
#1623   I wish I was a rich-Dale. Luckily for dale1953 11/14/08 03:51:31 AM
#1622   dale, are you the Richdale? pay in cash 11/13/08 07:09:03 PM
#1621   Using RBC Action Direct. Doubled checked with infinity888 11/05/08 08:32:22 AM
Consent Preferences