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Cardinal, I agree with your statement, have been thinking about this for a while,it does not take forever to put a merger together.
And so i agree with your statement: Frankly, I don't think there will be a merger. The fact they asked for 90 days suggests some completely other kind of arrangement. (If it was still the merger, they should not have needed that much extra time to complete it.)
Sorry Ladies & Gentlemen, on my last post I left out the city that TacAir is in.
Will give it a second try. Their address is:
Tactical Air Support Inc.
14505 Mount Anderson
Reno, NV 89506
Phone 775-971-0100
Fax 877.886.0895
Also it gives links for e-mails to people in different departments of TacAir
The new beautiful Website gives the address as:
Tactical Air Support Inc.
14505 Mount Anderson
NV. 89506
Phone 775-971-0100
Fax 877.886.0895
Also links to e-mail different people from TACAIR.
Hey Moondogaz, hope you are right, just bought 200,000 more shares, that's 350,000 this week, plus what I already had. What do you think, will I be able to retire and move to Arkansas or become one of the homeless?
Moondogaz, just checked it out on search, it's a beautiful website, have gone to search many times, but never had seen this website.
You may be right and something is going to happen for the good in the very near future.
Anyway I just added 150000 shares today.
Why is everybody getting nervous, I have not seen or read anything pertaining to a (press release) that would be released on 01/31/11.
Once you take over a business, there are more important things to take care of than a (press release). I believe news is coming in the near future.
Have you ever seen a war movie, and a General or someone says "victory or death"?
After January 31, will we be saying "victory or bankruptcy"? Just six more days and we will have the answer to the question.
Well, is TADF going to make it to Jan. 31, 2011? I have 350,000 shares and I'm just about broke, know many others have a lot more than me.
Anyone got any good news? Sal keeps saying it will be $1 before long, sure hope he is right.
Today I added 50000 shares to my 300000 at .0036 and what happens shares go down, personally I do not believe shares will go up until after January 31, 2011, am and until the end.
I for one cannot believe todays results, the best news we have had in months, and no increase in the percent.
I'm new at this, what difference does it make if there is high volume, someone sells, someone buys, and how can one tell if promoters are involved?
Would someone correct me, because it would make sense to me that 'TADF' or anyone else would want the stock to go up before they sell.
Maybe next year.
AJU1212
I don't know, you can only believe half of what some of these people say. Personally I believe in the next six months we will see some very good results, so there is no way that I am going to abandon "TADF" I am not going to lose any sleep over it, even if nothing develops.
For the several months everything they are trying to do is positive sometimes it takes time to see the results that one hopes for.
TACTICAL AIR DEFENSE (NASDAQ:TADF)
Strong Downtrend
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
Two or four weeks: United States firm Tactical Air Defense Services (TADS) has revealed that it expects to finalize its acquisition of US aviation services contractor Tactical Air Support (Tac-Air) within the next two to four weeks.
Two weeks is gone, what will the next two weeks bring?
23-Aug-2010
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS
FORWARD-LOOKING STATEMENTS
This discussion and analysis in this Quarterly Report on Form 10-Q should be read in conjunction with the accompanying Consolidated Financial Statements and related notes. Our discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of any contingent liabilities at the financial statement date and reported amounts of revenue and expenses during the reporting period. We review our estimates and assumptions on an on-going basis. Our estimates are based on our historical experience and other assumptions that we believe to be reasonable under the circumstances. Actual results are likely to differ from those estimates under different assumptions or conditions, but we do not believe such differences will materially affect our financial position or results of operations. Our critical accounting policies, the policies we believe are most important to the presentation of our financial statements and require the most difficult, subjective and complex judgments, are outlined below in ''Critical Accounting Policies,'' and have not changed significantly.
In addition, certain statements made in this report may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known or unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Specifically, but not limited to, 1) our ability to obtain necessary regulatory approvals for our products; and 2) our ability to increase revenues and operating income, is dependent upon our ability to develop and sell our products, general economic conditions, and other factors. You can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continues" or the negative of these terms or other comparable terminology. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance. Although we believe that the expectations reflected-in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Forward-looking statements are only predictions. The forward-looking events discussed in this Quarterly Report, the documents to which we refer you, and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. For these statements, we claim the protection of the "bespeaks caution" doctrine. The forward-looking statements speak only as of the date hereof, and we expressly disclaim any obligation to publicly release the results of any revisions to these forward-looking statements to reflect events or circumstances after the date of this filing.
OVERVIEW AND PLAN OF OPERATION
Tactical Air Defense Services, Inc. ("TADS") is a Nevada public corporation that offers air-combat training, aerial refueling, aircraft maintenance training, disaster relief services, and other Aerospace/Defense services to the United States and Foreign militaries and agencies. TADS is certified by the United States Government as a private-sector military contractor and has been granted the required security clearances.
The Company's executive offices are located at 123 West Nye Lane, Suite 517, Carson City, Nevada, 89706 and the Company's phone number is (775) 888-6744.
TADS Corporate History
TADS was incorporated in the State of Nevada on July 9, 1998 under the name Natalma Industries, Inc. Originally, TADS operated as a junior mining company engaged in the exploration of mining properties. We were unsuccessful in locating a joint venture partner to assist us in the development of our mining claims. As a result, TADS was unable to pay for and perform the exploration and development required in its agreement with the owners of its properties and lost our rights to the mining claims. Our management at the time, therefore determined that it was in the best interest of our shareholders that we seek potential operating businesses and business opportunities with the intent to acquire or merge with another business, which led to the purchase substantially all of the assets of AeroGroup Incorporated on December 15, 2006 (the "AeroGroup Acquisition"). The complete terms of the AeroGroup Acquisition were disclosed in our Form 8-K filed with the SEC on December 18, 2006. AeroGroup Incorporated originally commenced its operations and business plan as a contractor of military flight training as AeroGroup International Corporation in January 2002, and eventually merged with and acquired AeroGroup Incorporated.
Current Business Operations
Following the AeroGroup Acquisition, the Company acquired several key assets including the following:
- Two MiG 29 "Fulcrum" fighter aircraft, which were appraised in late 2005 at $2,800,000 each (pre-modification) located in the Ukraine (the "MIG 29's");
- Four Singer Link tactical jet simulators, and related equipment, appraised in late 2005 at $285,000 each (pre-modification)(the "Simulators");
- Assignments of copyrights to a specialized F-16 Fighter Aircraft training course syllabus, specially created by AeroGroup for training pilots.(the "F-16 Training Courses");
- Assignments of provisional applications for utility patents filed relating to methods of operational training uses of fighter aircraft by civilian corporations of these types of military aircraft for training of military personnel, specifically F-16, Pat. Pend. 60805870; Kfir, Pat. Pend. 60805885; A-4 Skyhawk, Pat Pend. 60805877; and MiG 29, Pat Pend. 60805888 (collectively the "Patents");
- Assignment of a Federal Aviation Administration issued license as an Aircraft Dealer ("FAA Dealer License");
- Rights as assignee under three subcontracts and one contract to provide combat, primary and other flight training, as well as training research, in the F-16 and various other types of aircraft to military personnel of the U.S. Armed Forces, NATO forces and other approved countries ("Training Contracts");
- Assignment of a sublease of facilities at the Grayson County Airport in Grayson, Texas, including aircraft hangars, land and office space (the "Grayson Sublease");
- Assignment of an option to enter into an exclusive agreement with Air Support Systems, LLC, to lease IL-78 tanker aircraft which are used primarily in air-to-air refueling operations (the "IL-78 Lease") (The MIG 29's, Simulators, F-16 Training Courses, Patents, FAA Dealer License, Training Contracts, Grayson Sublease and IL-78 Lease may collectively be referred to hereinafter as the "AeroGroup Assets"); and
- Exclusive rights to the AeroGroup name and all copyrights, trademarks, logos, imagery and other intellectual property, in connection with any business competitive to the business of the Company.
It was intended that the AeroGroup Assets would be used by the Company in connection with both "basic flight training" "introduction to fight fundamentals" and "combat flight training" of military pilots. The Company planned to use the assets to provide U.S. and NATO military pilots with a "real life" opportunity to train against threat-type aircraft whose performance and flight characteristics are superior in some respects to those of U.S. and NATO fighter aircraft.
As a result of the U.S. Base Foreclosure Act, the overall downsizing of the armed forces of the U.S. and its foreign allies, and the advanced age of the U.S. military air fleet, there was insufficient equipment and personnel to meet demands for combat air training and air refueling training. The wars in Iraq and Afghanistan and various regional conflicts and terrorist's acts, have only added to this crisis. The private-sector is now being asked to fill a role once the exclusive domain of the military, and the capabilities of civilian contractors are well recognized, and are frequently proven superior and more efficient than public-sector contractors. In addition, due to the escalating wild fires in the Western U.S., and the financial and environmental costs associated with this crisis, fire-fighting preparedness and capability have become a top priority at both the State and Federal levels of government. Again, the private sector is being asked to provide services that were previously the domain of the public-sector.
In order to meet present and future military, environmental, and financial threats, the United States and its allies has been forced to continue to commit billions of dollars to training, preparedness, and execution. These needs cannot be met without the support of the private-sector. We believe that there is currently no other private-sector contractor which can adequately fulfill these diverse and urgent demands, and we believe that TADS possesses access to the aircraft, personnel, and operational skills necessary to claim a significant piece of this rapidly growing and highly-profitable market for diverse air support services.
Air Combat Training
Air combat training exercises are currently conducted by the training commands of the United States Air Force, United States Navy, and of most of our NATO, and foreign allies. We believe neither the U. S. Department of Defense (the "DoD") nor its allies have sufficient personnel, support equipment, or access to foreign enemy type aircraft, to meet current demand. In many instances our European allies have neither the facilities nor the extensive airspace required for fighter combat training or fighter bomber training that we hope to provide.
TADS is able to provide the armed forces of the U.S. and its allies with a vast array of training services and support functions including, but not limited to air combat instruction and tactical training, actual aggressor simulated combat, classroom instruction, and airspace scheduling, fueling, aircraft spare parts support, aircraft maintenance and aircraft maintenance training.
Air combat simulation exercises are currently conducted by the training commands of the United States Air Force, United States Navy, and of most of our NATO, and foreign allies. We believe neither the DoD nor its allies have sufficient training and support equipment and personnel to meet current demand. In many instances, our European allies have neither the facilities nor the extensive airspace required for fighter combat training or fighter bombing training that TADS can provide.
Our flight training services focus on two major components; initial qualification flight training and advanced flight training, both of which consist of ground, and in the air flight training. In addition, we are preparing to perform other flight training support services as described herein.
Initial Qualification Flight Training
Initial qualification flight training consists of the training of military pilots that have only recently become qualified in their aircraft and of more experienced pilots returning for recurrency training. Initial qualification flight training involves aircraft specific flight theory, flight maneuvers, aerodynamics, emergency in flight procedures as they relate to combat in a specific aircraft. Pilots and other crew members are also trained in cockpit resource management, which focuses on division of duties between pilot and co-pilot and utilization of resources within the aircraft cockpit to complete the flight plan and address emergencies. Initial qualification training involves many hours of classroom instruction in aircraft systems operations, air-to-air flight maneuvers, tactics, formation flying, instrument training and air-to-ground tactics. In flight instruction is generally provided only once the pilot has shown proficiency in ground instruction and flight simulator instruction.
Advanced Flight Training
Advanced flight training focuses on combat and other advanced maneuvers and is conducted after the pilot completes initial qualification training and returns to a "full service" training facility where he is provided refresher or upgrade training to sharpen his or her combat skills. We intend to focus the training venue on approved overseas customers and NATO customers who would use our facilities and ranges to qualify, in some cases, and re-qualify in other cases in specific combat skills like air-to-air, air-to-ground, electronic countermeasure training, air-refueling training, and other advanced maneuvers.
U.S. Military Training
A crucial component to aerial combat training involves training against actual foreign adversary aircraft which are typically Russian, ex-Soviet bloc, or Chinese. However, because the U.S. military has little to no access to "enemy" aircraft, the status-quo has been to use aged U.S. military aircraft operating as the adversarial or "Red Air" aircraft. The status-quo leaves much to be desired because aged U.S. military aircraft do not possess the flying characteristics or capabilities of sophisticated enemy combat aircraft, nor do they emit the same electronic, radar signature, or visual signals.
Through its agreements with companies licensed by the U.S. Department of Justice (BATF) to import foreign weapons of war, TADS can provide unique Red Air aggressor aircraft, along with ILyushin IL-78's available in the U.S. or the Ukraine. These are the aircraft that are the actual fighter aircraft currently used substantially many of the former Soviet bloc countries and non-allied nations.
In connection with contracts to provide adversary combat aircraft to the U.S. military, TADS can supply various support services such as adversary pilots, spare parts, service and maintenance of the adversary aircraft, tactical training, actual aggressor simulated combat, and classroom instruction.
In 2008, TADS was awarded a $207 million government contract to provide air combat training and support to the U.S. military. The funding amount of the contract has been stipulated, and the requirements of the contract have been established, but to-date, the contract has not been funded or "tasked", and TADS can give no assurances that the contract will ever be tasked or funded.
In 2009, TADS received a three-month renewable contract from a private U.S. company to provide its exclusively leased IL-78 aircraft to an allied Middle-Eastern governmental agency. Due to what TADS believes to be tortuous interference from a third-party, immediately prior to TADS sending the IL-78 aircraft to the Middle-East, it was not able to provide the IL-78 aircraft and the contract expired.
Foreign Air Combat Training
Unlike the training of the U.S. military, air combat training of foreign allied militaries typically entails air combat training techniques and strategies using U.S. military aircraft such as the F-16, which such foreign militaries have already purchased. Although a commercial endeavor, it has been a strategic decision of the U.S. government to supply U.S. fighter aircraft to its allies. However, the ability and resources of the U.S. military to thereafter train the foreign purchasers of its aircraft is extremely limited and sub-par.
As a result, there is a backlog of allied countries that have purchased F-16's and other U.S. fighter aircraft, and that have immediate and ongoing need for air combat training. TADS believes they are able to offer to foreign militaries actual combat training from highly experienced U.S. fighter pilots, classroom training, and parts, service, and maintenance protocols for their aircraft. TADS also has the capability to either train on foreign soil and foreign military bases to fulfill multi-year contracts, or to provide a turn-key solution by hosting foreign militaries on U.S. soil, and therein provide not only pilots, training protocols, and parts, service, and maintenance, but also the air-bases, bombing ranges, fueling services, housing requirements, etc.
Belgian Air Force Training Contract
On October 23, 2007, TADS was awarded, through the AeroGroup Acquisition, contract FA3002-08-C-0003 to train the Belgian Air Force pilots at facilities located in Belgium (the "BAF Contract").
TADS executed the BAF Contract for the first year but the contract was not renewed for an additional 2 years. The BAF Contract specified providing classroom, flight, and combat training to the Belgian Air Force. The Company was not required to provide either aircraft or facilities as both were provided by the Belgian Air Force.
Through the BAF Contract, TADS graduated four pilots from the Air Force of a Middle-Eastern ally, and is currently pursuing a contract for additional training services with said allied Air Force, although no assurances can be given that a final contract will be awarded to TADS.
In addition, TADS is currently in the early phases of air combat training contracts with other allied countries to provide F-16 training, support, and services, and although TADS believes that it is well-positioned to be awarded any and all of these foreign contracts, no assurances can be given.
Ground-Threat Support
The U.S. military regularly trains against "enemy" ground-threats, simulating Former Soviet Union and Chinese Air Defense surface-to-air missile systems. These systems make up approximately 95% of all known ground-threats used by perceived hostile states and groups around the world such as North Korea, Syria, Iran, the Taliban, etc.
Notably, however, the U.S. DoD has been unable to acquire and support working examples of said air defense systems with which to train. As a replacement, the U.S. military uses replica or "same signal" practice units which offer a sub-par training experience due to at times materially different physical and electronic characteristics.
To the best of our knowledge, TADS, through its agreement with a supplier of Russian systems, is the only U.S. company able to provide and support Former Soviet Union joint-threat emitter systems in good working and overhauled condition, and as a result we believe we can provide a much more effective and value-added training experience to the U.S. and allied militaries.
Although TADS is not actively pursuing any ground-threat support contracts, we believe that the demand does exist and that TADS is well-positioned to be awarded ground-threat support contracts in the future, although no assurances can be given.
Air to Air Refueling
As demonstrated by the debacle between Boeing and AES in the awarding of the next generation of air refueling aircraft, air refueling is big business, and the U.S. fleet of air refueling aircraft, which were all built in the 1950's and 1960's, are operating well below the required levels. With its aging fleet and the uncertainty of the delivery of new tankers, there is an immediate need for the military to outsource air re-fueling and air refueling training.
Until recently, TADS had an exclusive lease agreement to operate the only ILyushin IL-78 refueling tanker aircraft available in the U.S. The IL-78 is used for mid-air refueling by most air forces in the world including Russia, most former Soviet republics, China, India, Pakistan, Cuba, Libya, Syria, and many others. The TADS IL-78 is the Midas version and is configured for mid-air refueling. It is capable of re-fueling at an airspeed exceeding 400 knots, and can deliver fuel to three aircraft simultaneously. In addition, the ILyushin aircraft are the only planes ever made for the purpose of aerial fire-fighting and water-bombing, and are recognized as far superior to any other aircraft in existence for this purpose. TADS plans to provide the IL-78 for re-fueling during air combat training sessions and for contract re-fueling of U.S. military squadrons.
TADS is currently negotiating an option to lease up to two IL-78 aircraft, and believes that there is demand for its services in connection with IL-78's from both the U.S. and foreign allied militaries, although no assurances can be given that TADS will be awarded a contract in the future.
Aerial Fire-Fighting
In addition to its military operation capabilities, the IL-76/78 is the only large aircraft ever built for the purpose of aerial water-bombing, and is considered by most fire-fighting experts as the most capable. The ILyushin IL-76/78 aircraft are dedicated water-bombers that are capable of quickly and efficiently disbursing large quantities of water or fire retardant to defeat the increasing damage from the extensive forest fires in the Western U.S. and other areas.
As exemplified by the state-of emergency declared by California recently, the United States Forest Service estimates that forest fires will be a permanent threat. In addition to the substantial revenue stream that TADS anticipates could result from these services, we believe that TADS would receive valuable high-profile publicity from providing aerial fire-fighting services.
Due to the escalating forest fire crisis in the Western U.S., and the unique capabilities and exclusivity of its ILyushin aircraft, prior to cancellation of its exclusive lease, TADS had exploring opportunities with State and Federal agencies in connection with providing aerial fire-fighting services to combat the seemingly ever-growing devastation of forest fires, and anticipates that should it be successful in acquiring the option to lease additional IL-78 aircraft, that there will be demand for its services, but TADS cannot guarantee that it will be awarded a final contract in the near future.
Specialty Aerial Services
In addition to its use as an air refueling aircraft and as an aerial fire-fighter, the unique characteristics of the IL-78 make it extremely desirable for a number of specialty aerial services.
The IL-78aircraft is a versatile workhorse that can be configured for heavy cargo and used for the transport of military vehicles, heavy equipment, and commercial air cargo services. The IL-78 has unique performance capabilities and is famous for its ability to operate in extreme conditions and from marginal landing areas.
Current Asset Status
On May 29, 2008, TADS returned the two MiG-29 and Simulators (the "Cambar Assets") purchased in the AeroGroup Acquisition through a Settlement and Release Agreement (the "Cambar Settlement") executed between the Company and Cambar & Associates ("Cambar"). As part of the AeroGroup Acquisition, in December, 2006, TADS had assumed from AeroGroup indebtedness owed to Cambar (the "Cambar Note") of a principle amount of $2,200,000 for the purchase of the Cambar Assets and, which indebtedness included interest to be paid on the principle. Due to the terms of the Cambar Note and the value of the Cambar Assets, the Company determined at that time that it was in its best interest to unwind the purchase of the Cambar Assets. With the Cambar Settlement, the Company agreed to relinquish the Cambar Assets to Cambar and issue to Cambar 50,000,000 Shares as payment in full and final settlement for any claims Cambar may have against the Company. In addition, Cambar reclaimed the Cambar Assets, the Company cancelled the Cambar Note including any accrued and unpaid interest and retired the 1,000,000 Shares issued to Cambar and NATA as compensation for interest due on the Cambar Note in 2007. Such terms were considered payment in full and final settlement for any claims Cambar held against the Company.
In November of 2009, the lessor of IL-78 aircraft pursuant to the IL-78 Lease, cancelled the excusive lease of the IL-78 with TADS. TADS had been preparing the IL-78 for departure to the Middle East for execution of a three-month contract through a U.S. intermediary party, when the IL-78 was encumbered by an FAA lien by Victor Miller and Air 1 Flight Support for unpaid work on the IL-78. Subsequently, the IL-78, without the knowledge of the lessor or TADS, was removed from the facilities in Texas. Since that time, the aircraft has remained grounded awaiting the outcome of litigation between Victor Miller and the lessor (See "Item 3. Legal Proceedings" herein). Although TADS believes that the action by Mr. Miller and Air 1 Flight Support are without merit, the result has been the loss of the exclusive lease of the IL-78 and the loss of its first contract in connection with the IL-78. Notwithstanding the above, TADS is currently negotiating an option with the lessor for the option to lease up to two of its remaining IL-78 aircraft currently located in the Ukraine for use in connection with potential contracts outside of the U.S.
On May 18, 2010 the Company signed a lease agreement with Air Support Systems,
LLC. The Lease Option Agreement with Air Support Systems, LLC gives the Company the right to enter into exclusive one-year renewable leases for any or all of the four IL-76 and IL-76 supertanker aircraft, under a fee arrangement that allocates 50% of the operating profits each to the Company and Air Support Systems respectively. A copy of the Lease Option Agreement was attached as an exhibit to our Form 10-Q for the period ending March 31, 2010 filed with the SEC on May 24, 2010 and incorporated herein by reference.
Due to the loss of our Cambar Assets and IL-78, the Company has allowed the Grayson Sublease to lapse. Following acquisition of the additional aircraft the Company is currently negotiating, the Grayson Sublease, including aircraft hangars, land and office space, is under negotiations.
RESULTS OF OPERATIONS
Revenues
Six months
ended June 30
2010 2009
Total Sales $0 $0
We had no revenues for the six months ended June 30, 2010 or 2009.
Operating Expenses
Six months
ended June 30
2010 2009
Operating Expense $477,627 $391,278
Total operating costs of $477,627 for the six months ended June 30, 2010 and $391,278 for the six months ended June 30, 2009 consisted of general and administrative expenses, including the compensatory element of stock issuances for such periods.
Net Profit (Loss)
Six months
ended June 30
2010 2009
Net Profit (Loss) ($538,143) ($401,278)
For the six months ended June 30, 2010, we sustained net losses of $538,143 as compared with net losses of $401,278 for the six months ended June 30, 2009.
If the name of TADF CEO is Rolland Thompson, why is his E-mail signed: "We are still in discussions and everything is still moving forward at this time. Sincerely, RC" should it not be "RT" instead of "RC"?
Why to go Dolly. I believe everything you have said and I also have did some checking on TADF and like what I found.
I have 100,000 shares at .0098 and like Dolly also on Social Security. Did not buy these shares to get rich overnight, most of these negative complaints have noticed are from those who want it to happen overnight, in other words, they expect to get rich real quick.
If it happens that TADF goes up, "great" if not, then I am not going to lose any sleep over the lost.
Yours Truly, Bill