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Yesterdays >> 8k << here it is do your own DD
Item 8.01: Repurchase and De-Authorization of Common and Preferred Shares of the Company
Trans-Pacific Aerospace Company, Inc. establishing a stock repurchase plan under which up to 75% of TPAC’s outstanding common stock shall be repurchased over a period of up to 36 months. Shares may be repurchased from time-to-time in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws, including Rule 10b5-1 programs. The actual timing, number and value of shares repurchased will be determined by TPAC’s management team and will depend on a number of factors, including the market price of TPAC’s common stock, general market and economic conditions and other corporate considerations. Once repurchased, the shares will be retired from the outstanding shares and the number of authorized shares will be reduced. TPAC also intends to reduce or eliminate the number of Series A preferred shares, through repurchase and retirement.
Payment for shares repurchased under the program will be funded using profits from its regenerative source (the company's Master Regenerative Virtual Bank investment tool, an Alternative Financial Solution) and from profits derived from the sale of aerospace and other machined metal parts, export/import transactions, services agreements and financing and other transactions.
From the 8K I like it >>>>>>>
Payment for shares repurchased under the program will be funded using profits from its regenerative source (the company's Master Regenerative Virtual Bank investment tool, an Alternative Financial Solution) and from profits derived from the sale of aerospace and other machined metal parts, export/import transactions, services agreements and financing and other transactions.
GO TPAC
Congrats LONGS very nice 8k out^^
TPAC 8K out buying back shares^^
Item 8.01: Repurchase and De-Authorization of Common and Preferred Shares of the Company
Trans-Pacific Aerospace Company, Inc. establishing a stock repurchase plan under which up to 75% of TPAC’s outstanding common stock shall be repurchased over a period of up to 36 months. Shares may be repurchased from time-to-time in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws, including Rule 10b5-1 programs. The actual timing, number and value of shares repurchased will be determined by TPAC’s management team and will depend on a number of factors, including the market price of TPAC’s common stock, general market and economic conditions and other corporate considerations. Once repurchased, the shares will be retired from the outstanding shares and the number of authorized shares will be reduced. TPAC also intends to reduce or eliminate the number of Series A preferred shares, through repurchase and retirement.
Payment for shares repurchased under the program will be funded using profits from its regenerative source (the company's Master Regenerative Virtual Bank investment tool, an Alternative Financial Solution) and from profits derived from the sale of aerospace and other machined metal parts, export/import transactions, services agreements and financing and other transactions.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 31, 2016
By: /s/ William R McKay
Chief Executive Officer
TPAC check this out from IR:
TPACmuse
?@TPACmuse
How can TPAC hit .01 target by December 31.
I think this is the question.
Easy answer... in base Reduce the OS..
Deal with Russia and they got money^^^^
huge buy^^ nice let's go TPAC
nice hits on the 15^
Loaded more tpac
nice hits bought a few more go tpac
Going to buy a lot more shares here..thanks
GM all still got a lot of shares in UNGS from way back.....
Is there any hartbeat in UNGS lately??.....
Have a great weekend
buying more and more tpac down here wil not last long before we see the 3'sss again.
GO TPAC
Thanks like it^^
TPAC From IR PR Released Tomorrow By 10AM EDT.
0031 hits let's go
nice buy @.003 now .003 on .0031^^
Wow looking real good^^
mhinsea what was his previous company. thanks
beauty call
36^^ again
Nuff said so real as it gets^^
WOW green and a great post^^
consolidation continues^^
Closing GREEN ^^
36sss^^ soon up we go^^
Consolidation soooon ^^ up
bought more thing^s looking ^^
hmmm website under construction
WOW nice buy let's get to 45^^