Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The OTC Market
Sometimes you'll hear a dealer market referred to as an over-the-counter (OTC) market. The term originally meant a relatively unorganized system where trading did not occur at a physical place, as we described above, but rather through dealer networks. The term was most likely derived from the off-Wall Street trading that boomed during the great bull market of the 1920s, in which shares were sold "over-the-counter" in stock shops. In other words, the stocks were not listed on a stock exchange - they were "unlisted".
Over time, however, the meaning of OTC began to change. The Nasdaq was created in 1971 by the National Association of Securities Dealers (NASD) to bring liquidity to the companies that were trading through dealer networks. At the time, few regulations were placed on shares trading over-the-counter - something the NASD sought to improve. As the Nasdaq has evolved over time to become a major exchange, the meaning of over-the-counter has become fuzzier. Today, the Nasdaq is still considered a dealer market and, technically, an OTC. However, today's Nasdaq is a stock exchange and, therefore, it is inaccurate to say that it trades in unlisted securities.
Nowadays, the term "over-the-counter" refers to stocks that are not trading on a stock exchange such as the Nasdaq, NYSE or American Stock Exchange (AMEX). This generally means that the stock trades either on the over-the-counter bulletin board (OTCBB) or the pink sheets. Neither of these networks is an exchange; in fact, they describe themselves as providers of pricing information for securities. OTCBB and pink sheet companies have far fewer regulations to comply with than those that trade shares on a stock exchange. Most securities that trade this way are penny stocks or are from very small companies.
buying still going up!
Talk to us tadf!
We'll soon see 3
Someone who knows a little more:)
Nice start!! :)
Give us a good fresh new
Can anyone tell how is the level II
Thanks
Good start!!
Good start!!
We'll have some news soon
The sky os the limit!!!
That's the point! It is a contract running....
Work in progress. :):)
We're still in the game
CARSON CITY, NV--(Marketwire - March 21, 2013) - Tactical Air Defense Services, Inc. (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 TADF's wholly-owned subsidiary, AeroTech Corporation, has been awarded a one-year contract to provide subject matter expertise to Camber Corporation at the Redstone Arsenal, Huntsville, Alabama for the U.S. Army Apache Program Office.
In the initial 4-month phase of the contract, which begins immediately, TADF will support the U.S. Army Apache AH-64E Helicopter Development and Modernization Product office.
A multi-year follow-on contract is also expected to be awarded, in which TADF anticipates it will perform a significant role, as the program will continue testing the integration of the LINK-16 communications system and the Cyber-Interoperability of the future Apache Helicopter.
The AH-64E is the first Army helicopter to integrate the LINK-16 communications system, which will allow it to connect, through voice and data streams much like over IP, to other advanced joint-service platforms such as the USAF F-15, F-16, and AWACS, the Navy FA-18 and E-2, and the UAS platforms. This system provides the Apache pilot with real-time situational awareness of both threat and friendly forces, and is adaptable to the numerous varied missions.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are extremely pleased that TADF has received this important contract to assist the U.S. Army in developing such a ground-breaking program as the research, testing, and implementation of the Apache AH-64E Helicopter. It is another first for TADF to be on the cutting-edge of development of new programs and technologies, and we have high expectations that this contract will soon lead to the award of additional contracts within this area and related subject matter expertise."
Tactical Air Defense Services Opens Huntsville, Alabama Office
CARSON CITY, NV--(Marketwired - April 05, 2013) - 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 TADF's wholly-owned subsidiary, AeroTech Corporation (together, "TADF"), has opened a Huntsville, Alabama office to support its recently awarded contract to support the U.S. Army Apache Program.
In support of the Apache contract, TADF has executed a three-year lease and taken possession of office space in Huntsville, Alabama. For the initial 4-month phase of the Apache contract, TADF intends to hire 3 full-time employees in Huntsville, of which it has already hired the first 2 employees. Thereafter, TADF anticipates that it will need a minimum of 5 full-time employees in Huntsville to directly support the follow-on Apache contract.
Huntsville, Alabama is recognized as one of the United States' principal centers for aerospace and defense technology, and is home to many of the U.S.'s leading defense contractors and the U.S. Army's Redstone Arsenal. As such, the entry of TADF into the Huntsville defense community is an important step towards furthering the Company's growth in the domestic defense contracting.
Alexis C. Korybut, Chief Executive Officer of TADF, stated, "TADF continues to demonstrate its commitment to the U.S. defense market through the expansion of its operations into the important Huntsville, Alabama defense community. We believe that Huntsville will become an important hub for our domestic business, and that our presence in Huntsville and our work on the Apache contract for the U.S. Army will lead to further opportunities and contracts with the U.S. military and other defense companies in the near future."