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CARDINAL GRAMMETER, I ALSO HAVE BEEN IN TADF FOR OVER A YEAR, AND IT IS THE SAME THING OVER AND OVER EACH MONTH, THE 60 DAYS HAVE EXPIRED. I AGREE WITH YOU 100%, BUT LIKE YOU SAY, I TOO WILL HOLD MY SHARES AND HOPE FOR THE BEST. LIKE EVERYBODY ELSE SAYS: (GO TADF)
blazers, on the debt deal, don't count your chickens until they hatch. Go TADF
MERGER, MERGER, MERGER, I AM A BELIVER IN (TADF) BUT LIKE (ddeaner) I HAVE HAD A POSITION IN (TADF) FOR OVER A YEAR, AND HAVE A RATHER LARGE AMOUNT OF SHARES.
BEING A BUSINESS PERSON IN THE PAST, CANNOT FIGURE OUT WHY IT IS TAKEN SO LONG. YOU READ IN PAPER OR ON TV NEWS OF OTHER COMPANIES LARGER THAN BOTH OF THESE, AND IT DOES NOT TAKE A YEAR.
IT WOULD SEEM TO ME IF THEY GOT THE ATTORNEYS AND EXECUTIVES TOGETHER THEY COULD PUT THIS MERGER TOGETHER IN A VERY SHORT TIME. THIS IS JUST MY OPINION.
I AM CONVINCED THE MERGER WILL COME ABOUT, IN A WEEK, MONTH, WHO KNOWS. BUT LIKE THE FARMER TOLD THE REPORTER, (WE DO NOT COUNT THE CHICKS UNTIL THE EGGS HATCH.)
TACTICAL AIR DEFENSE (NASDAQ:TADF) Strong Uptrend
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, TADF scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Monday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending July 30th
+30 New 3 Month High in May
+100 Total Score
Yaboy, just joking, I have a few more to go with the 5.
Looking forward to 6:30 a.m. pacific time in California.
Hey Moon, is my 5 shares finally going to make me some money? I really hope enough to buy a quart of Malt Liquor. Been waiting for this for a year now.
Has anyone received (mail) a letter from (Tactical Air Defense Services, Inc.? Just received a 7 page letter pertaining to the (notice of stockholder action to be taken pursuant to the written consent of stockholders)
Did not think I was that important with my 5 shares to receive a letter.
According to some of you, this stock is going to almost take forever to hit the $$ if it does. Hey, I'm 75, should I just put this stock in my will for someone in the future? Appreciate answer from someone. Thanks.
(yates) The post by (dukahuryn) was posted July 2, 2011 at 2:54 a.m. pertaining to (Jane) about the date of merger. If you will scroll down the posts you will find the (day, year, time,) of all posts. I just could not find anything new pertaining to the merger on any of Jane's, could find many old quotes dating back several months.
When the post on Jane came out last night, I went into (search) and could not find anything new pertaining to a merger, so I go along with (fwayneh & Gwiz) it's old news. We just have to wait for the announcement, hopefully soon.
NOTICE OF STOCKHOLDER ACTION TO BE TAKEN
PURSUANT TO THE WRITTEN CONSENT OF STOCKHOLDERS
WE ARE NOT ASKING YOU FOR A PROXY AND
YOU ARE REQUESTED NOT TO SEND US A PROXY.
June 24, 2011
Dear Tactical Air Defense Services, Inc. Stockholders:
This Information Statement is furnished to provide notice to stockholders of Tactical Air Defense Services, Inc., a Nevada corporation (the “ Company ”), in connection with approval by our Board of Directors (the “ Board ”) and a majority of our stockholders to take the following actions:
1.
Authorize the Board to amend the Company’s Articles of Incorporation filed with the Nevada Secretary of State (the “ Articles ”) to increase the Company’s authorized common stock, par value $0.001 (the “ Common Stock ”) from 3,000,000,000 shares to 6,000,000,000 shares (the “ Corporate Action ”);
Stockholders of record at the close of business on June 22, 2011 are entitled to notice of this stockholder action by written consent. Since the actions have been approved by the holders of the required majority of the outstanding shares of our voting stock, no proxies were or are being solicited.
Please read this notice carefully. It describes the change in the Company’s capitalization and contains certain additional related information. Additional information about the Company is contained in its current and periodic reports filed with the United States Securities and Exchange Commission (the “SEC”). These reports, their accompanying exhibits and other documents filed with the SEC may be inspected without charge at the Public Reference Section of the SEC at Judiciary Plaza, 450 Fifth Street, N.W., Washington, DC 20549. The SEC also maintains a web site that contains reports, proxy and information statements and other information regarding public companies that file reports with the SEC. Copies of these reports may be obtained from the SEC’s EDGAR archives at http://www.sec.gov/index.htm.
Pursuant to Rule 14c-2 under the Securities Exchange Act of 1934, as amended, the Corporate Action cannot become effective until twenty (20) days after the date this Information Statement is mailed to the Company’s stockholders. We anticipate that the amendment will become effective on or after July 24, 2011.
By order of the Board of Directors
/s/ Alexis C. Korybut
By: Alexis C. Korybut
Its: Chief Executive Officer and Director
- Proxy Statement - Other Information (preliminary) (PRE 14C)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14C INFORMATION
Information Statement Pursuant to Section 14(c) of the Securities Exchange Act of 1934
Check the appropriate box:
X . Preliminary Information Statement
. Confidential, for use of the Commission only (as permitted by Rule 14c-5(d)(21))
. Definitive Information Statement
TACTICAL AIR DEFENSE SERVICES, INC.
(Name of Registrant as Specified In Its Charter)
Payment of Filing Fee (Check the appropriate box):
X . No fee required
. Fee computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
(1)
Title of each class of securities to which transaction applies:
(2)
Aggregate number of securities to which transaction applies:
(3)
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing is calculated and state how it was determined.):
(4)
Proposed maximum aggregate value of transaction:
(5)
Total Fee Paid:
. Fee paid previously with preliminary materials.
. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
(1)
Amount Previously Paid:
(2)
Form, Schedule or Registration Statement No.:
(3)
Filing Party:
(4)
Dated Filed:
TACTICAL AIR DEFENSE SERVICES, INC.
123 West Nye Lane, Suite 517
Carson City, Nevada 89706
NOTICE OF STOCKHOLDER ACTION TO BE TAKEN
PURSUANT TO THE WRITTEN CONSENT OF STOCKHOLDERS
WE ARE NOT ASKING YOU FOR A PROXY AND
YOU ARE REQUESTED NOT TO SEND US A PROXY.
June 24, 2011
Dear Tactical Air Defense Services, Inc. Stockholders:
This Information Statement is furnished to provide notice to stockholders of Tactical Air Defense Services, Inc., a Nevada corporation (the “ Company ”), in connection with approval by our Board of Directors (the “ Board ”) and a majority of our stockholders to take the following actions:
1.
Authorize the Board to amend the Company’s Articles of Incorporation filed with the Nevada Secretary of State (the “ Articles ”) to increase the Company’s authorized common stock, par value $0.001 (the “ Common Stock ”) from 3,000,000,000 shares to 6,000,000,000 shares (the “ Corporate Action ”);
Stockholders of record at the close of business on June 22, 2011 are entitled to notice of this stockholder action by written consent. Since the actions have been approved by the holders of the required majority of the outstanding shares of our voting stock, no proxies were or are being solicited.
Please read this notice carefully. It describes the change in the Company’s capitalization and contains certain additional related information. Additional information about the Company is contained in its current and periodic reports filed with the United States Securities and Exchange Commission (the “SEC”). These reports, their accompanying exhibits and other documents filed with the SEC may be inspected without charge at the Public Reference Section of the SEC at Judiciary Plaza, 450 Fifth Street, N.W., Washington, DC 20549. The SEC also maintains a web site that contains reports, proxy and information statements and other information regarding public companies that file reports with the SEC. Copies of these reports may be obtained from the SEC’s EDGAR archives at http://www.sec.gov/index.htm.
Pursuant to Rule 14c-2 under the Securities Exchange Act of 1934, as amended, the Corporate Action cannot become effective until twenty (20) days after the date this Information Statement is mailed to the Company’s stockholders. We anticipate that the amendment will become effective on or after July 24, 2011.
By order of the Board of Directors
/s/ Alexis C. Korybut
By: Alexis C. Korybut
Its: Chief Executive Officer and Director
I am surprised none of you knew the location of the plane. It's parked at Roswell (UFO) International Air port next to a Mother Ship that came down to Earth for Father's Day. Everyone seems to be enjoying themselves and making fun of our little plane.
pacfan, dream, dream on, dream on.
Pictures of airplanes mean nothing, reputations sometime mean nothing, 9 years ago, bought shares in company, a well known doctor on (NBC) was promoting the company, also the Surgeon General of the USA also was putting his stamp of approval on the company. What happen? The company went under. So with this company, reputations of these two people mean absolution nothing and a lot of people lost a lot of wealth. Hope this is not true with TADF. I like all the information about TADF and hope it comes about good for everyone, but then I liked everything about this other company also. I may be wrong, but if the merger does not happen in June, you can kiss this company goodbye also.
But (Frodo) knows that I am just a (greenhorn) when it comes to buying or selling shares of stock. So forgive me for my negative thoughts, I only have 1,300,000 shares of TADF, but with my life style, if it ever got to $1.00 I could live happy the rest of my life, am 75
Pictures of airplanes mean nothing, reputations sometime mean nothing, 9 years ago, bought shares in company, a well known doctor on (NBC) was promoting the company, also the Surgeon General of the USA also was putting his stamp of approval on the company. What happen? The company went under. I like all the information about TADF and hope it comes about good for everyone, but then I liked everything about this other company also. I may be wrong, but if the merger does not happen in June, you can kiss this company goodbye also.
But (Frodo) knows that I am just a (greenhorn) when it comes to buying or selling shares of stock. So forgive me for my negative thoughts, I only have 1,300,000 shares of TADF, but with my life style, if it ever got to $1.00 I could live happy the rest of my life, am 75.
Alexis C. Korybut,Chairman of the Board of Directors ...
Mr. Korybut has also been the Managing Partner of Plumtree Capital Management LLC, a public-venture fund management firm since 2005,
Christopher Beck,Principal Accounting Officer of Tactical Air ...
Mr. Christopher Beck, age 57, has held executive positions with three public companies as the Chief Executive Officer, Financial Officer and Director ...
Rene Ferrer,Director for Latin America of Tactical Air Defense ...
On July 9, 2010, Tactical Air Defense Services, Inc. appointed Mr. Rene Ferrer, Jr. to the position of Director for Latin America. ...
Michael Cariello,Director, Chief Operating Officer and ...
Mr. Cariello is one of the most renowned pilots to have served in the US military in recent decades.
Marianothis: I for one am hoping the merger comes about real soon, am 75 yrs, would like to enjoy spending some of TADF money before I turn to dust.
Frodo, 100Pips, Carjon. Thanks for the information, appreciate it and thanks for your time in order to do so.
Bill0101
Frodo: I have a friend that seems to know quite a lot about stocks, he told me in order to get TADF in the $$$ the company would have to do a (reverse stock or split) As you know I am a greenhorn, explain to me what a reverse stock is and what are the chances of TADF reaching $$$.
He is invested in some penny stocks, and is going to take a look at TADF to see if he can make a few bucks. Thanks, bill0101
Carjon, just joking about my 42 shares, have enough shares to retire when TADF comes together. Just hanging in there, and enjoy reading posts each day, especially (Frodo) like what he posts.
You learned in high school physics that for every action there's an equal and opposite reaction. A similar law affects investors. For every unexpected crisis, count on some to overreact. Staying long with my 42 shares.
A-29 Super Web Site
http://builtforthemission.com/
Frodo. A new A-29 Super Tucano improved site.
http://builtforthemission.com/
To: The Ragman
Sorry about the post, if I had looked at the date, would not have sent information to you, because you already have May 10, 2010. Sorry to have bothered you.
To: The Ragman
Tactical Air Defense Services Receives Financing Commitment for Aircraft Asset Purchase
CARSON CITY, Nev., Oct. 13, 2010 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCBB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, disaster relief services, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has received a $5,000,000 financing commitment from Crown Pacific Advisors, LLC to fund the purchase of military aircraft and related assets.
Pursuant to an asset purchase agreement, Tactical Air Defense Services, Inc. ("TADF") intends to use the $5,000,000 to purchase certain military fighter jets, related parts, and jet engines to capture new tactical aviation service contracts and maintenance service contracts, with both the U.S. Department of Defense and foreign militaries.
TADF management believes that when fully operational and under contract, the aircraft may add between $9,000,000 and $13,500,000 in the aggregate per year to its top-line revenue.
In addition, TADF anticipates that the aircraft, related parts, and jet engines may add approximately $24 million of assets to its balance sheet, as well as provide additional cash-flows to the Company from sales of surplus spare parts and jet engines.
TADF management believes that it may begin to generate cash-flows from contract revenues and asset sales no later than the first quarter of 2011, although it is possible that some of the aircraft will be operational and generating revenue under contract before year-end 2010.
The military aircraft that TADF intends to purchase are cost effective, low-maintenance, and extremely versatile fighter jets that can be used to provide a tactical support role as an air to ground close air support training platform or dissimilar air combat training aircraft , in support of tactical aviation contracts.
Crown Pacific Advisors, LLC is a Merchant Bank specializing in the financing of aviation assets. Crown Pacific Advisors is not a shareholder of TADF.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We believe the $5,000,000 financing commitment from Crown Pacific for the purchase of these aircraft and related assets is a watershed event for TADF. The acquisition of these fighter jets will enable TADF to bid on larger and more profitable tactical aviation contracts and aircraft maintenance contracts, and the sale of any surplus spare parts and engines may provide a significant source of income to TADF for years to come, in addition to materially increasing the assets on our balance sheet."
Make sure you are first to receive timely information on Tactical Air Defense Services when it hits the newswire. Sign up for TADF's email news alert system today at: http://tads-usa.com/alerts
Frodo, I think you for the information, as you have already seen, just a greenhorn I am.
Report of Independent Registered Public Accounting Firm
Board of Directors
Tactical Air Defense Services, Inc. and Subsidiaries
We have audited the accompany consolidated balance sheet of Tactical Air Defense Services, Inc. and Subsidiaries as of December 31, 2010 and the related statements of operations, changes in stockholders’ equity, and cash flows for the year ended December 31, 2010. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conduct our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion
The Company has not generated significant revenues or profits to date. This factor, among others, raises substantial doubt about its ability to continue as a going concern. The Company’s continuation as a going concern depends upon its ability to generate sufficient cash flow to conduct its operations and its ability to obtain additional sources of capital and financing. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company at December 31, 2010 , the results of its operations, changes in stockholders’ equity, and its cash flows for the year ended December 31, 2010, in conformity with U.S. generally accepted accounting standards.
/s/ Malcolm L. Pollard, Inc.
Malcolm L. Pollard, Inc.
Erie, Pennsylvania
May 12, 2011
Frodo, I always enjoy reading your posts, to me it seems you know what you are talking about. And no, my shares are not for sale, am in this to the end regardless how it turns out.
Personally I believe that if things work out positive, with only my million or so shares, I can retire a second time, because I believe we would be talking $$$$ instead of cents per share. I appreciate your response to my post.
FOR SEVERAL DAYS (barchart) has said (Strong Buy) but now it says (Buy) anyone getting nervous?
I am a great believer in (seeing is believing) so far I have not seen anything from TADF to convince me 100% that everything is okay. When TADF puts out a PR stating the merger is final, then I will believe 100%.
I have over a million shares, which is small compared to some of you, and am satisfied with what I have.
I used to enjoy reading the posts, but the last two days mainly what I have read is a lot of bickering back & forth between a few posts. Am sure there are others that feel the same way.
Tactical Air Support Inc in Reno, NV is a private company categorized under Pilot Service, Aviation. Current estimates show this company has an annual revenue of 1,700,000 and employs a staff of approximately 24.
Search: Tactical Air Support Co. then scroll down to (Manta.Com)
PRESS RELEASE TODAY:
Tactical Air Defense Services Acquires Use of Specialty Military Aircraft
CARSON CITY, Nev., May 3, 2011 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has acquired the exclusive use of a specialty military aircraft renowned for its capabilities in counter-insurgency and air-to-ground bombing.
Through a Services Agreement executed on May 2, 2011 with its pending merger partner, Tactical Air Support Services, Inc. ("Tac-Air"), TADF and Tac-Air have acquired the exclusive use of a specialty military aircraft that Tac-Air will operate through the Services Agreement with TADF. TADF believes, but cannot guarantee, that said aircraft shall be operating in support of tactical aviation contracts within 60 days of possession of the aircraft, and shall generate revenues of between $2 million to $3 million per year for TADF and Tac-Air.
Tac-Air, www.tacticalairsupport.com, is a highly regarded aerospace/defense services contractor founded by a group of former U.S. Navy, Marine, and Air Force Weapon's School Instructors. Tac-Air has been awarded and is currently servicing multiple aerospace/defense contracts with the U.S. Department of Defense.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are very pleased to be partnering with Tac-Air on this ground-breaking project. The use of this aircraft, the only one of its kind in the U.S. and with apparent high demand and interest from the U.S. Department of Defense, we believe, will serve to not only generate revenues for our companies and increase our visibility and credibility within the tactical aviation sector, but will also serve to further join together TADF and Tac-Air as we continue to work towards closing the merger between our companies."
Make sure you are first to receive timely information on Tactical Air Defense Services when it hits the newswire. Sign up for TADF's email news alert system today at: http://ir.stockpr.com/tads-usa/email-alerts
Olandug, don't you ever sleep? Just jesting.
Anyway, you are correct, just checked out (OTCQB) and (TADF) is listed.
Olandug, yes, but what does this all mean? I failed the 1st grade, I need help with this information.
Olandug, yes, but what does this all mean? I failed the 1st grade, do I need help with this information.
$200,000 from Cornucopia, PR yesterday 26 of April:
Press Releases
Tactical Air Defense Services Receives Initial Funding From Cornucopia, Ltd.
CARSON CITY, Nev., April 26, 2011 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has received the first $200,000 of the recently announced $1,000,000 financing commitment from Cornucopia, Ltd.
TADF intends to use proceeds from the $200,000 as a deposit for a certain military fighter aircraft that it intends to operate through a services agreement with its pending merger partner, Tactical Air Support Services, Inc. ("Tac-Air"), as well as for other general business purposes.
TADF believes, but cannot guarantee, that said aircraft shall be operating in support of a tactical aviation contract within 60 days of taking possession, and shall generate revenues of between $2 million to $3 million per year for TADF and Tac-Air.
Tac-Air, www.tacticalairsupport.com, is a highly regarded aerospace/defense services contractor founded by a group of former U.S. Navy, Marine, and Air Force Weapon's School Instructors. Tac-Air has been awarded and is currently servicing multiple aerospace/defense contracts with the U.S. Department of Defense.
Cornucopia, Ltd. is a merchant banking firm domiciled in the Turks and Caicos Islands, BVI, specializing in the financing of micro-cap growth companies. Cornucopia, Ltd. was not a shareholder of TADF prior to this financing transaction.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are very pleased to have received the initial $200,000 of funding from Cornucopia, Ltd. These funds will enable TADF to field an aircraft with capabilities well beyond anything offered by any other commercial air service provider. Working through our partner, Tac-Air, this is our first of many highly sought-after military aircraft that we believe will not only generate revenues for our companies and increase our visibility and credibility within the tactical aviation sector, but will also serve to further join together TADF and Tac-Air as we continue to work towards closing the merger between our companies. We look forward to continuing to work closely with Cornucopia, Ltd., and believe that its expressed desire and ability to further fund TADF as our business grows will make them a valued long-term and strategic funding partner." Tactical Air Defense Services, Inc. (TADF) Stock Trading Info:
April 26, today Press Release: Press Releases
Tactical Air Defense Services Receives Initial Funding From Cornucopia, Ltd.
CARSON CITY, Nev., April 26, 2011 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has received the first $200,000 of the recently announced $1,000,000 financing commitment from Cornucopia, Ltd.
TADF intends to use proceeds from the $200,000 as a deposit for a certain military fighter aircraft that it intends to operate through a services agreement with its pending merger partner, Tactical Air Support Services, Inc. ("Tac-Air"), as well as for other general business purposes.
TADF believes, but cannot guarantee, that said aircraft shall be operating in support of a tactical aviation contract within 60 days of taking possession, and shall generate revenues of between $2 million to $3 million per year for TADF and Tac-Air.
Tac-Air, www.tacticalairsupport.com, is a highly regarded aerospace/defense services contractor founded by a group of former U.S. Navy, Marine, and Air Force Weapon's School Instructors. Tac-Air has been awarded and is currently servicing multiple aerospace/defense contracts with the U.S. Department of Defense.
Cornucopia, Ltd. is a merchant banking firm domiciled in the Turks and Caicos Islands, BVI, specializing in the financing of micro-cap growth companies. Cornucopia, Ltd. was not a shareholder of TADF prior to this financing transaction.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are very pleased to have received the initial $200,000 of funding from Cornucopia, Ltd. These funds will enable TADF to field an aircraft with capabilities well beyond anything offered by any other commercial air service provider. Working through our partner, Tac-Air, this is our first of many highly sought-after military aircraft that we believe will not only generate revenues for our companies and increase our visibility and credibility within the tactical aviation sector, but will also serve to further join together TADF and Tac-Air as we continue to work towards closing the merger between our companies. We look forward to continuing to work closely with Cornucopia, Ltd., and believe that its expressed desire and ability to further fund TADF as our business grows will make them a valued long-term and strategic funding partner."
Press Releases
Tactical Air Defense Services Receives Initial Funding From Cornucopia, Ltd.
CARSON CITY, Nev., April 26, 2011 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has received the first $200,000 of the recently announced $1,000,000 financing commitment from Cornucopia, Ltd.
TADF intends to use proceeds from the $200,000 as a deposit for a certain military fighter aircraft that it intends to operate through a services agreement with its pending merger partner, Tactical Air Support Services, Inc. ("Tac-Air"), as well as for other general business purposes.
TADF believes, but cannot guarantee, that said aircraft shall be operating in support of a tactical aviation contract within 60 days of taking possession, and shall generate revenues of between $2 million to $3 million per year for TADF and Tac-Air.
Tac-Air, www.tacticalairsupport.com, is a highly regarded aerospace/defense services contractor founded by a group of former U.S. Navy, Marine, and Air Force Weapon's School Instructors. Tac-Air has been awarded and is currently servicing multiple aerospace/defense contracts with the U.S. Department of Defense.
Cornucopia, Ltd. is a merchant banking firm domiciled in the Turks and Caicos Islands, BVI, specializing in the financing of micro-cap growth companies. Cornucopia, Ltd. was not a shareholder of TADF prior to this financing transaction.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are very pleased to have received the initial $200,000 of funding from Cornucopia, Ltd. These funds will enable TADF to field an aircraft with capabilities well beyond anything offered by any other commercial air service provider. Working through our partner, Tac-Air, this is our first of many highly sought-after military aircraft that we believe will not only generate revenues for our companies and increase our visibility and credibility within the tactical aviation sector, but will also serve to further join together TADF and Tac-Air as we continue to work towards closing the merger between our companies. We look forward to continuing to work closely with Cornucopia, Ltd., and believe that its expressed desire and ability to further fund TADF as our business grows will make them a valued long-term and strategic funding partner."
For the month of April so far, I have 4 nickels made of wood, if at the end of April I have 30 nickels made of wood, how much will they be worth?