Thu, 30 Oct 2014 12:45:00 GMT ~ Trans-Pacific Aerospace Update
[Business Wire] - SAN MARINO, Calif.--(BUSINESSWIRE)-- Trans-Pacific Aerospace Company, Inc. ("TPAC") (OTCQB:TPAC) is pleased to provide an update to its affairs. Bill McKay, the CEO of TPAC reports that: "We continue to make progress with our potential joint venture partner in negotiating and agreeing upon all issues. Additionally, we have entered into discussions and are moving forward to become an approved supplier to one of the largest aerospace companies in China. Furthermore, we are in the process of developing prototype parts for another major Chinese aerospace company, which could lead to significant orders.
Link: http://www.otcmarkets.com/stock/TPAC/company-info Ticker: $TPAC OTC Market Place: OTC Pink Current CIK code: 0001422295 Company name: Trans-Pacific Aerospace Company, Inc. Company website: http://www.transpacificaerospace.com Incorporated In: NV, USA
Business Description: Trans-Pacific Aerospace is a publicly-traded company whose mission is to supply self-lubricating bearings for aerospace, military and industrial applications. TPAC's bearings are qualified by the U.S. Navy to SAE standards and TPAC is listed on the Navy's Qualified Products List. This NAVAIR qualification is accepted worldwide as the industry standard for bearings.TPAC manufactures its products in China in facilities operated by its Godfrey China and Godfrey Guangzhou subsidiaries. This allows TPAC to offer the highest quality products at best-in-market prices. It also provides TPAC with a strategically important location, and allows its customers to access valuable offset credits. TPAC's Cage Code is 6CF15 and Godfrey Guanzhou's is SNV89.Less >>
$TPAC share structure
## source: otcmarkets.com
Market Value: $216,272 a/o Mar 13, 2015 Shares Outstanding: 166,362,858 a/o Sep 17, 2014 Float: 30,000,000 a/o Nov 07, 2013 Authorized Shares: Not Available Par Value: 0.001