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Retail gamblers on the buy vs. sophisticated deep-pocket money on the sell - who do you think will win?
IF they are shorts, $900,000 isn't 'stupid' money. They are playing to win and are much smarter with much more $ than retail traders could bring.
I'm not saying it is shorts since there really is no way to know for sure. Could be dilution. Either way - no good.
So why has there been 1.5 B-B-Billion shares sold at 6 in 9 days?
Welcome to All-you-can-eat buffet of 6's
I think it'll be 'this month' or 2010 or early 2011. :)
http://blog.2roads.com/2010/04/09/trans-pacific-aerospace-company-inc-in-talks-with-avic/
or this one:
http://www.sec.gov/Archives/edgar/data/1422295/000114420410019694/v180854_ex99-1.htm
"...commence commercial deliveries in late 2010 or early 2011.."
LIAR LIAR
What's going to be your analysis at 0004/0005 or 0003/0004?
I ate Chinese for dinner last night. Trust me, that preso sucked. You REALLY think these bearing manufacturers in China came to hear Bill say, "You HAVE to build it to spec. Don't cut corners and make it out of spec." That is utterly humiliating that Bill would insinuate that they are that stupid. If I called it a 'train wreck', that would be offensive to train wrecks.
I am uncomfortably embarrassed for CEO Bill!!!
...and for all Americans. That video alone will tank the stock to 'no bid'.
CEO hides where $2.5 Million + in 'General & Admin, Fees, Services' actually goes each year. The first 6 months of this year, he's already at $2.8 million vanished into thin air. I'd not take a salary of $180k for $2.5 million in 'expenses'! He's a scammer through and through. Ask him. Ask him for a detailed accounting of the $11 MILLION + over the past 5 years - If you push him for answers, he'll block you.
They've_had_Navair_cert for over 2 years! It's expired now.
Build time: Boeing 777=83days / TPAC bearing=5+ years.OLOLOL
http://www.airlinereporter.com/2012/01/how-long-does-it-take-to-build-a-boeing-777/
I don't understand. Please help. With all the talk of shorts selling at 0006, what is their strategy to make money? Don't they have to buy back shares at a lower price than 0006?
Or the ones they were supposed to be producing in 2010 / 2011
http://www.sec.gov/Archives/edgar/data/1422295/000114420410019694/v180854_ex99-1.htm
Don't go spreading lies. There was NO paint in those remodeling photos. There was NO tools, NO scaffolding. Not one single sign of re-modeling. Just a vacant abandoned building.
This is how pathetic & desperate your CEO is:
He dug up my email and sent me this:
The only time I ever emailed him was when I was looking to invest a couple weeks ago. Now he uses my email for personal insults. He could have just tweeted, but nope, he wants this to be personal. What is he going to do next, call my mother?
You are right Bill, I've never been to Spain. I don't know much about the running of the bulls - just glanced at the wiki. THAT wasn't the point of my post about your ridiculous pics.
You are classless in a 'wow, this is really funny' sort of way.
How PATHETIC can CEO BILL BE?
I'll give him the benefit of the doubt, hopefully he drunk-tweeted that (t)crap.
In San Fermin, Spain the running of the bulls is from July 6 - July 14 every year. Bill posts pics of bulls with
"Siete de julio. El encierro. San Fermín!!!! "
Decade and he still hasn't produced a single bearing for sale??
So explain please. If all the downward pressure (load, re-loaded sells into 6) are shorts, what do you think their plan is? Where are they going to cover? You think they are looking for 1 tick to cover at 5? LOL. Shorts don't short when they think the stock is going to go up. The longs have proven they have no real belief in the stock since all longs just sits on here and send me profane private messages, but won't put their money where their mouth is.
You see, either way, your logic doesn't make sense. It is either share dumping of conversions which is bad or it's heavy shorting, or it's both. Any scenario is not good for longs.
Please provide ANY proof of funding??? SEC filing??? And no, just cause bill said in a tweet doesn't make it so. Do you know why Bill won't file? Because it either doesn't exist or the terms / arrangement are awful. Why else would he not be transparent, when he puts on the facade that he is?
What yesterday's PR REALLY says:
side note: Don't you find it disconcerting that there was so much selling pressure in the face of this PR??
1. Notice all the indefinite wordsmithing? "It is the understanding of the company...", "plans to pay off", "the company does not intend to increase...shares..and has no intention of doing a R/S", "no intention of taking on more convertible debt". This is an attorneys way of making it seem like truth, but having a scapegoat in the wording when it doesn't actually happen. Just like his announcement in 2010 that they would be in commercial production in late 2010 or early 2011. Hey Bill, your pants are on fire!
2. Bill has said previously via tweet that no insider has ever sold any shares. Today's PR says: they've never "sold UNRESTRICTED shares". They have been dumping restricted to their hearts content to the tune of Millions $$.
3. They are remodeling the facility but are immediately ready for full scale production. LOL. So is the facility bigger than you need? A bunch of wasted space? The pics he tweeted were of an abandoned dilapidated building with nothing in it.
4. TPAC "currently has in excess of 1,000 approved parts". Funny. The QPL only shows TPAC has 13 parts. Maybe there is another Navair in a different government that has approved the other 987 parts?? I've mentioned this to Bill and he has yet to prove that he has more than 13. His response is that the QPL database is inaccurate and it's too difficult for him to correct. Weird thing is, one of his competitors has over 3700 parts listed. Here, look for yourself.
http://qpldocs.dla.mil/search/mfg_parts.aspx?qpl=2354¶m=TRANS-PACIFIC%20AEROSPACE%20COMPANY,%20INC.&type=128
Quote:
All convertible notes that were the subject of conversions through June, 2015 (“Notes”), including but not limited to all 2014 Notes in favor of Asher Enterprises/KBM Worldwide, have either been converted or repaid. It is the understanding of the Company that holders of shares relating to the Notes have sold those shares into the marketplace. The Company has one remaining outstanding convertible note due in August, 2015 and plans to pay off that note prior to conversion. The Company has the right to repay this Note.
The Company does not intend to increase the number of authorized shares of the Company and has no intention of doing a reverse split of the shares of the Company, unless such a reverse split would lead to a listing on Nasdaq. Additionally, the Company has no intention of taking on any more convertible debt at this time or in the future. Since at least 2011, neither the Company, nor any of its current directors, nor their respective spouses nor their children have ever sold unrestricted shares into the market.
The Company is in the process of remodeling its assembly facility, but is still presently ready for full scale production. Any renovation would not affect the delivery of products. Later in 2015 the Company anticipates attempting to qualify under SAE-AS81820 Type A, requiring performance for 100,000 cycles. Should the Company pass this qualification test, to the knowledge of the Company, it will be one of only three companies approved to this standard.
The Company uses the Social Media site Twitter to post information regarding the Company. The Twitter account is @tpacbearings. Additionally, the Company has information regarding the Company, including an updated Business Plan, on its web site, www.tpacbearings.com. The Company posts periodic updates on that web site.
TPAC uses its proprietary aerospace bearing technologies at its facility in China to manufacture and sell component parts for both new commercial and general aviation aircraft and for spares for the existing commercial fleet. The component parts are referred to as self-lubricating spherical bearings and they help with several flight-critical tasks, including aircraft flight controls and landing gears. TPAC is the first and only manufacturer in China to qualify under SAE-AS81820 and 81934 and currently has in excess of 1,000 approved parts.
Nope VNDM is just seeing if he can get enough suckers to give him an extra 16%.
That has to be so frustrating to keep having the 6s re-loaded after such a seemingly worthy fight. Oh look, there's only 18mil left on the ask, go grab 'em. LOL
It's not rocket science. It's trading 101.
Rules for Share Dumping:
1. MM stacks the bid to make it look like solid support
2. Thin the ask (hide 'em in the shadows) to make it seem like it's close to uptick / run
3. Sell to anyone who will buy. Re-load. Re-load again. If you can get an uptick take it for as long as you can for the higher sell, then dump into the bid - but not too hard - don't want to shake confidence and send the herd stampeding off the cliff.
Even more hilarious in a 'wow, the CEO is completely inept' sort of way is that on a quick google search of OTCs that have made similar statements re: BBSE naked shortening, their SP got obliterated and never recovered. If it were true about BBSE with TPAC, that would have the opposite effect of what Bill was intending. He was thinking that the reaction would be confidence in the stock and a short squeeze. LOL. Unbelievable.
Lets dissect today's PR shall we...
1. Notice all the indefinite wordsmithing? "It is the understanding of the company...", "plans to pay off", "the company does not intend to increase...shares..and has no intention of doing a R/S", "no intention of taking on more convertible debt". This is an attorneys way of making it seem like truth, but having a scapegoat in the wording when it doesn't actually happen. Just like his announcement in 2010 that they would be in commercial production in late 2010 or early 2011. Hey Bill, your pants are on fire!
2. Bill has said previously via tweet that no insider has ever sold any shares. Today's PR says: they've never "sold UNRESTRICTED shares" - HUGE RED FLAG. They have been dumping restricted to their hearts content to the tune of Millions $$.
3. They are remodeling the facility but are immediately ready for full scale production. LOL. So is the facility bigger than you need? A bunch of wasted space? The pics he tweeted were of an abandoned dilapidated building with nothing in it.
4. TPAC "currently has in excess of 1,000 approved parts". Funny. The QPL only shows TPAC has 13 parts. Maybe there is another Navair in a different government that has approved the other 987 parts?? I've mentioned this to Bill and he has yet to prove that he has more than 13. His response is that the QPL database is inaccurate and it's too difficult for him to correct. Weird thing is, one of his competitors has over 3700 parts listed. Here, look for yourself.
http://qpldocs.dla.mil/search/mfg_parts.aspx?qpl=2354¶m=TRANS-PACIFIC%20AEROSPACE%20COMPANY,%20INC.&type=128
All convertible notes that were the subject of conversions through June, 2015 (“Notes”), including but not limited to all 2014 Notes in favor of Asher Enterprises/KBM Worldwide, have either been converted or repaid. It is the understanding of the Company that holders of shares relating to the Notes have sold those shares into the marketplace. The Company has one remaining outstanding convertible note due in August, 2015 and plans to pay off that note prior to conversion. The Company has the right to repay this Note.
The Company does not intend to increase the number of authorized shares of the Company and has no intention of doing a reverse split of the shares of the Company, unless such a reverse split would lead to a listing on Nasdaq. Additionally, the Company has no intention of taking on any more convertible debt at this time or in the future. Since at least 2011, neither the Company, nor any of its current directors, nor their respective spouses nor their children have ever sold unrestricted shares into the market.
The Company is in the process of remodeling its assembly facility, but is still presently ready for full scale production. Any renovation would not affect the delivery of products. Later in 2015 the Company anticipates attempting to qualify under SAE-AS81820 Type A, requiring performance for 100,000 cycles. Should the Company pass this qualification test, to the knowledge of the Company, it will be one of only three companies approved to this standard.
The Company uses the Social Media site Twitter to post information regarding the Company. The Twitter account is @tpacbearings. Additionally, the Company has information regarding the Company, including an updated Business Plan, on its web site, www.tpacbearings.com. The Company posts periodic updates on that web site.
TPAC uses its proprietary aerospace bearing technologies at its facility in China to manufacture and sell component parts for both new commercial and general aviation aircraft and for spares for the existing commercial fleet. The component parts are referred to as self-lubricating spherical bearings and they help with several flight-critical tasks, including aircraft flight controls and landing gears. TPAC is the first and only manufacturer in China to qualify under SAE-AS81820 and 81934 and currently has in excess of 1,000 approved parts.
"Private Hands" don't load the ask whenever it's about to uptick. It's share dumping of conversions.
Every time it breaks 'THE' critical support, it seems a new critical gets defined. How many times and how many different indicators are you going to resort to in order to justify the price? Too funny.
Sorry. Don't have the time to teach you, but there are a lot of resources on the internet.
I sold my position when it didn't hold critical support after hitting 14. When this thing is done sinking to the bottom, I may long again - looking for 0001 / 0002
Why do people CONSTANTLY talk about it bing thin? You have no idea how many shares lurk in the shadows waiting to be loaded.
I apologize. I was referring to trying to flip an intraday run. Swings are much more probable - which I'm guessing is mostly or entirely how you did it.
Bogus. Flipping on the way up with a trip is nearly impossible since the bid gets loaded so deep you will rarely get filled.
stupidity. averaging down the loses. those that have been snowballed by CEO. You want more reasons?
If conversions reload & want out at 6, what does that tell you? Do you think they think it'll run to 10 today? tomorrow? If so, then why wouldn't they wait to dump?
That was TPACs MOST committed investor! Well until they do their DD at least.
Bill has blown an annual average of $2.67MILLION on fees, consulting, general and admin EACH year since 2010. The past 6 months has been his most expensive at $2.8 million!!
He will not answer or provide detail of where it has gone. He claims he doesn't receive a salary. Well, guess what, I wouldn't need a salary either if I was lining my pockets or the pockets of other entities that I or my spouse owns from TPACs checking account.
You mean like how CEO Bill pledged to buy back 700 million shares which would reduce share count to 1.7B. But in fact he issued more shares and share count is 3.4B post retirement. You mean like that?
For a good laugh yet painful embarrassment watch CEO Bill in his 'master of the obvious' video of presentation to chinese attendees.
So very funny. I mean, from a 'not-meant-to-be-funny' sort of way.
Caution: The butt-kissing and 'please hire me as a consultant' promotion might make you a bit queezy.
https://drive.google.com/folderview?id=0B2-y5Zuaz-evfjdSbEJtcWxSSG9Rb2NwajhwVnlsRHF2RlQ0TVVYYjE3eDhDWVpLNUFQbzQ&usp=sharing
Everyone else IS doing it. Remember 4,167 parts listed on QPL under AS81820 spec. TPAC only lists 13. It is EVERYONE else that is selling those 4000+ parts.