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10 million.... been a long while, hoping to break even at a minimum....
That is correct...
Breaking News:
Tactical Air Defense Services Prevails in Litigation Receiving Favorable Opinion and Reversal in Searock Lawsuit
CARSON CITY, NV -- (MARKETWIRE) -- 03/01/13 -- Tactical Air Defense Services, Inc. (OTCQB: TADF), an aerospace/defense services contractor that offers tactical aviation services, aircraft maintenance, and other aerospace/defense services to the United States and Foreign militaries, is pleased to announce that The Court of Appeals, Fifth District of Texas at Dallas, has ruled in favor of TADF in its appeal of the $2 million lower Court judgment against the Company and has reversed the original lower Court's ruling and remanded the case back to the lower trial Court.
As disclosed in TADF's previous United States Securities and Exchange Commission filings, in 2007, Charles Searock ("Searock"), a former employee of TADF, filed a claim against TADF and other defendants for the alleged breach of an employment agreement and other actions between Searock and International Tactical Training Center, Inc., a company not owned or controlled by TADF. TADF asserted that the claim was without merit, and vigorously defended itself. In 2010, by claiming that TADF and the other defendants had been properly served notice of trial, when in fact neither TADF nor any of the other defendants received proper notice of trial, were aware of the trial, and therefore were not able to appear in Court in order to defend themselves, Searock was fraudulently awarded a default judgment of $2,000,000 against TADF. Despite valid arguments by TADF's counsel, the lower trial Court denied TADF's motion for a new trial.
In light of the lack of proper legal notice, in its Opinion, The Court of Appeals, Fifth District of Texas at Dallas stated, "We conclude that appellants' affidavits show they did not receive notice of the trial setting and that the trial court abused its discretion by denying the motion for new trial. We reverse the trial court's judgment against Tactical and Fears and remand Searock's cause of action against those parties for further proceedings."
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are pleased to announce that The Court of Appeals, Fifth District of Texas at Dallas has thrown out the fraudulent $2 million judgment against TADF and has ruled that the lower trial Court abused its discretion. Although we have always asserted that the claim was without merit, it is nevertheless comforting to know that this attempted misuse of the legal system has been stopped in its tracks. Should Searock continue to pursue this frivolous action in the lower Courts, TADF will continue to aggressively defend itself."
PRESS RELEASES
Tactical Air Defense Services to Acquire Air 1 Flight Support, Inc.
CARSON CITY, NV -- (MARKETWIRE) -- 02/22/13 -- Tactical Air Defense Services, Inc. (PINKSHEETS: TADF), an aerospace/defense services contractor that offers tactical aviation services, aircraft maintenance, and other aerospace/defense services to the United States and Foreign militaries, is pleased to announce that it has signed a Letter of Intent (the "LOI") to acquire, as a wholly-owned subsidiary of TADF, 100% of Air 1 Flight Support, Inc. ("Air 1"), a provider of aircraft maintenance, refueling, and other support services.
Founded in 2005, Air 1 has built a reputation for excellence in providing support services to the military and commercial aircraft industry, including general aircraft maintenance, aircraft refueling, and related ancillary aircraft services. In addition, Air 1 established and managed Fixed Base Operations (FBOs) in Texas and Florida.
Upon closing of the acquisition of Air 1, and pursuant to the terms of the LOI, TADF will purchase 100% of the outstanding shares of Air 1 for consideration of 5,000,000 shares of its Series C Preferred stock. Closing of the transaction is subject to final completion of all due-diligence and documentation and approval by the board of directors of TADF, and is anticipated within thirty days.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "The acquisition of Air 1 brings to TADF a proven track record of innovation and success in providing ancillary aerial support services. We believe this acquisition can generate additional sources of revenue in its own right, and make TADF more competitive in providing a well-rounded menu of aerial support services to both military and commercial customers."
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
Further information about TADF is available on our website: www.tads-usa.com.
Forward Looking Statement Disclosure
Statements contained herein that are not historical facts may be forward looking statements within the meaning of the Securities Act of 1933, as amended. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts, to procure future contracts, to acquire certain assets, or to finalize funding for the purchase of certain assets. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise, or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
http://ir.stockpr.com/tads-usa/press-releases/detail/473
TADF Acquires F5 simulator
Tactical Air Defense Services Inc
Receives Aircraft Dealers' Certificate
CARSON CITY, Nev., Aug. 7, 2012 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an aerospace/defense services contractor that offers tactical aviation services, aircraft maintenance, and other aerospace/defense services to the United States and Foreign militaries and agencies, is pleased to announce that through its wholly-owned subsidiary, AeroTech Corporation, it has received its aircraft dealers' certificate from the U.S. Federal Aviation Administration-Department of Transportation.As part of TADF's core business strategy of acquiring military aircraft for aerial service contracts that it anticipates receiving, TADF is presented with select opportunities to purchase aircraft at below market value that do not suit our particular needs, but that nonetheless present an attractive value proposition. In order to capture this revenue stream, TADF has acquired, through its wholly-owned subsidiary, AeroTech, the license to buy and sell aircraft as an FAA certified aircraft dealer.Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are pleased to have been granted our aircraft dealers' certificate through AeroTech, our newly acquired wholly-owned subsidiary.?Although we do not anticipate that aircraft brokerage will become a core business of TADF, we do believe that it can provide additional opportunities to earn revenue ancillary to our core strategy of purchasing military aircraft in order to deliver aerial training services to the U.S. and foreign militaries."
http://ir.stockpr.com/tads-usa/press-releases/detail/393
New press release! Go. TADF
Tactical Air Defense Services Settles Litigation
CARSON CITY, Nev., July 5, 2012 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has amicably settled its litigation with Mark Daniels, its former CEO and founder.
Under the terms of the settlement agreement, TADF has agreed to remove Daniels from the litigation action entitled Tactical Air Defense Services, Inc., et. al v. Mark Daniels, et. al, in the Circuit Court of the 15 th Judicial Circuit in and for Palm Beach County, Florida, for a total consideration amount of approximately $471,000 from Daniels, whereby Daniels has agreed (i) to pay to TADF $250,000 in cash within 120 days of execution of the agreement, and (ii) to cancel and return the convertible promissory note issued to him by TADF in 2009, which principle and accrued interest equal approximately $221,000.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are pleased to announce that TADF and Mark Daniels, the former CEO of TADF, have amicably settled our ongoing litigation in the 15 th Judicial Circuit Court in and for Palm Beach county, Florida. Mr. Daniels is recognized as one of the leaders of this industry, and we believe that by putting our past differences behind us, TADF and Mr. Daniels can again work together to drive forward the Company's business strategy of acquiring military aircraft and supplying aerial services to the U.S. and foreign militaries."
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
Yes any news is good news and I am in for 10 million shares....
GOOD NEWS
CARSON CITY, Nev., April 2, 2012 (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 the Embraer 314 Super Tucano aircraft (the "Super Tucano") in which it has an interest through a Services Agreement with Tactical Air Support, Inc. has successfully flown on its first revenue-producing contract.
Despite a delay of many months due to unforeseen weapons clearance and maintenance requirements, all of which have now been resolved, the Super Tucano was successfully flown on contract providing training support for the U.S. Department of Defense. Because of positive feedback and strong demand for the Super Tucano, an aircraft which adds a level of capability and sophistication that no other commercial provider can deliver, we believe this initial detachment in support of military training will be one of many, but because it is an Indefinite Delivery Indefinite Quantity (IDIQ) Contract, we cannot yet provide a fixed dollar amount for the contract.
The Embraer 314 Super Tucano is a specialty military aircraft renowned for its capabilities in counter-insurgency and air-to-ground bombing, and is the only one of its kind offered in the U.S. through a commercial Aerospace/Defense services contractor.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are extremely pleased to announce that the Super Tucano has flown on its first military contract and is producing its first revenues for TADF after very frustrating and unanticipated delays. The Super Tucano is truly an exceptional aircraft with outstanding capabilities that no other commercial provider can offer, and we believe the aircraft will now be able to generate a steady flow of revenue for the Company."
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
Further information about TADF is available on our website: www.tads-usa.com.
I WISH we were close to a penny...! :)
TADF / Long...?
TADF Super Tucano delivered and flying...
http://ir.stockpr.com/tads-usa/press-releases/detail/333
Has already happened then: http://cdn.inquisitr.com/wp-content/2011/05/HellFreezesOver.jpg
You are correct, I have made your DaD proud..
You are correct and I apologize but I have no credibilty, just a retired navy man who has purchased 10M shares of TADF.
I have no agenda and definitely no knowledge of stocks, most of what is posted is outside my realm... I do have 30 years in Naval Aviation and am convinced that TADF has enormous potential...... Other than that I couldn't tell you a moving 50 day average from a walnut..
Hope your diamonds in the rough turn out well for you and I should quit drinking and posting...
30 years in Naval Aviation... We have a saying; "Hurry up and wait"
Any of you who have ever dealt with the government, knows this to be true...
TADF LONG......
Just remember AOL once had no money, stock was worthless...
They were so low with cash, they paid in stock...
AOL took off and produced a plethora of millionaires....
TADF / TACAIR could very well be poised to do the same thing..
TADF long and enjoying the roller coaster....
Hey 19kilo..... Request sent on face book.... Morrison
Some important and very good news! Highlights
Pursuant to the recently announced binding letter of intent ("LOI") with Tactical Air Support, Inc. ("Tac-Air") to pursue a military contract (the "Military Contract") and to acquire the right to purchase ten percent (10%) of the outstanding equity of Tac-Air, TADF was obligated to provide $315,000 in corporate funding (the "Investment Funds") to Tac-Air.
Through proceeds from the Additional Financing and previously provided funds, TADF has successfully provided to Tac-Air the total $315,000 of Investment Funds as required by the LOI, and has acquired the right to purchase an initial ten percent (10%) of the outstanding equity of Tac-Air.
The Additional Funding will enable us to pursue an important Military Contract and to acquire an initial 10% of Tac-Air. We believe these transactions demonstrate the joint and continued commitment of both parties to working together towards a beneficial common goal. Should we be successful in winning the Military Contract, we will have acquired a significant revenue stream and will have successfully positioned our companies to compete very effectively for additional contracts from both the U.S. and foreign militaries.
A nickle would be good.... But I wouldn't dump all my Ten Million at once..... Maybe just half.... :p
Who cares... It is on paper and you have not lost a penny unless you have sold... If you have sold .. Well then look in a mirror and blame him... :p
Go TADF LET'S RALLY....
I do not care about inverted hammers,
I do not care for Katzenjammers...
I do not care for song
Because I am TADF LONG!
This thing is going to bounce up and down..
So for the skittish, don't get your panties in a bunch and enjoy the ride...
He says it looks nice... that I can understand, bit what else am I looking at... lmao...
I know RTFM but still don't have a clue....
GO TADF Looonnnggggg
He is not the adversary, tac-air and TADF are MERGING, that is why everyone is excited and anxiously awaiting .....
HEARD CONVERSATION ABOUT TADF; " TO THE MOON NORTON....TO THE MOON...."
GREAT NEWS.... They are basically advertising that the Super tucano is coming their way via the merger with the ONLY person to have one in the US! Any idea who that might be?
Go TADF! Long and strong, daddy needs to retire haha....
TADF
Taking off
And
Definitely
Flying!
Go TADF, 10 mil long.....
The calm before the storm.... either we will rise to the heavens or drop down into the deep....
What is the link for the article please....
What is the link for the article please....
If you can not see the potential and how the stars are starting to align (imagine you bought Micro$oft in the beginning ) please get back on the small bus and refrain from licking the windows....
Thank You.....
Caerus... glad you caught up... :)
TADF Looonnnggggg....
Titan,
Hear hear well played.....
Classic mistake... panic and sell at a loss... great strategy.... Oh I know you called it that way....
Go away little man, you bore me...
It is not dilution.... please shut your yap and move on since you are obviously done with TADF....
Sell now.... you do not want to break even... you will probably say you called that also.
You remind me of a beck song.... 5 letters, one word.....
Wrong again Wolf 1, never going to see .001...
This is NOT your typical penny stock, so please sell and depart our boards.....
Good luck cool but I hope you do not regret your choice....
Yeah glad to see you gone... take Greenday and Redwolf with you please...
Could not have said it better Frodo.... Caerus obviously has selective reading, as I am sure Greenday and redwolf1 does also....