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Friday, February 26, 2016 12:43:22 PM
Conclusion: tpac NAVAIR certification is fraud.
My conclusion is based on these tpac-alleged facts, inferred projections, presentations...and criminal imagination:
Equipment 2012, 2013, 2014, and 2015 > $3,868, $6,112, $4,908, and $3,704 respectively.
Inventory 2012, 2013, 2014, and 2015 > Not even listed.
From the respective tpac 10Ks:
[click on image, above, to enlarge to original size and to eliminate ihub blur]
The Balance Sheets lists the equipment as "Office equipment".
Where is the machining equipment?
Where is the assembly equipment?
Where is the shipping equipment?
How much does one decent forklift cost?
Trans-Pacific Aerospace "owned" 55% of Godfrey (China) Limited which, in turn, "owned" 100% of Godfrey Guangzhou Aerospace Bearings.
No manufacturing equipment (see Trans-Pacific Aerospace Balance Sheets, above). None. Zero.
No Inventory. None. Zero.
55% of nothing (zero) is still nothing (zero).
Oh, look > They (tpac) moved.
From NAVAIR guidelines ("A plant inspection will be required."):
From tpac 10K:
BTL is not Trans-Pacific Aerospace (tpac).
Whose machines are these?
Subcontractor.
NAVAIR certificate is INVALID, according to my research. I believe massive fraud has knowingly been committed to defraud investors into, and of, TPAC.
These are my conclusions. We'll see what the SEC thinks. I think it's more than obvious. There isn't any more research for me to post of this report. I just need to finish it and send it to the respective authorities: FBI, SEC, FINRA, US Attorney's Office, etc...
Anticipated "send date" > 02/29/2016.
Good day.
My conclusion is based on these tpac-alleged facts, inferred projections, presentations...and criminal imagination:
Equipment 2012, 2013, 2014, and 2015 > $3,868, $6,112, $4,908, and $3,704 respectively.
Inventory 2012, 2013, 2014, and 2015 > Not even listed.
From the respective tpac 10Ks:
[click on image, above, to enlarge to original size and to eliminate ihub blur]
The Balance Sheets lists the equipment as "Office equipment".
Where is the machining equipment?
Where is the assembly equipment?
Where is the shipping equipment?
How much does one decent forklift cost?
Trans-Pacific Aerospace "owned" 55% of Godfrey (China) Limited which, in turn, "owned" 100% of Godfrey Guangzhou Aerospace Bearings.
No manufacturing equipment (see Trans-Pacific Aerospace Balance Sheets, above). None. Zero.
No Inventory. None. Zero.
55% of nothing (zero) is still nothing (zero).
Oh, look > They (tpac) moved.
From NAVAIR guidelines ("A plant inspection will be required."):
From tpac 10K:
BTL is not Trans-Pacific Aerospace (tpac).
Whose machines are these?
Subcontractor.
NAVAIR certificate is INVALID, according to my research. I believe massive fraud has knowingly been committed to defraud investors into, and of, TPAC.
These are my conclusions. We'll see what the SEC thinks. I think it's more than obvious. There isn't any more research for me to post of this report. I just need to finish it and send it to the respective authorities: FBI, SEC, FINRA, US Attorney's Office, etc...
Anticipated "send date" > 02/29/2016.
Good day.
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