Bill's tweeted about it. I believe it was the CC where Bill talked about company's wanting to get acquired by TPAC because of where they stand in business plan progress. NAVAIR approval is huge as Bill has stated. It's attractive to companies. The company/ies they are acquiring have cash on hand and he estimated setting aside 2 million dollars for a sharebuy back.
Imo I think he was scorned that they used convertible debt and early investors and insiders got crushed. Now that they're in the third phase of their business plan, insiders just stepped up to stop the convertible debt because we're on the cusp of booming and they are ready to cash in on their investment.
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