Unbelievable. You've still got it wrong. Go and re-read this ~> investorshub.advfn.com/boards/read_msg.aspx?message_id=120885404 failure to file a Form D Form D is required for anyone using Rule 506 (exemption to registration). There have been so many accusations against TPAC for SEC violations that it's hard to keep track. A word of caution that just because someone makes the allegation does not mean that they know what they are talking about. Here's an example: A complaint was made that TPAC was required to file a Form D based on its statement in a Form 10-K that it issued a note to JMJ Financial pursuant to the Rule 506 exemption of Regulation D. The posters were absolutely adamant that this failure was a violation of the SEC's reporting requirements and therefore TPAC was a fraud. I contacted the SEC with this question and just received an answer that the Form D was not required for exemptions to Rule 506 of Regulation D. Here is the email reply from the SEC: Dear Mr. B: Thank you for contacting the U.S. Securities and Exchange Commission (SEC). You ask whether Trans-pacific Aerospace Company, Inc. (TPAC) was required to file a Form D based on its statement in a Form 10-K that it issued a note to JMJ Financial pursuant to the Rule 506 exemption of Regulation D. We note that TPAC made that statement in its Form 10-K filed 2/13/2015 for its fiscal year ended Oct. 31, 2014 (https://www.sec.gov/Archives/edgar/data/1422295/000101968715000579/tpac_10k-103114.htm) The filing of a Form D is a requirement of Rule 503(a) of Regulation D , but it is not a condition to the availability of the exemption under Rule 506 of Regulation D. For further discussion of this issue, please refer to the Compliance and Disclosure Interpretations (C&DIs) by the Division of Corporation Finance at https://www.sec.gov/divisions/corpfin/guidance/securitiesactrules-interps.htm. Your question is addressed in question 257.07 of the C&DIs. Please contact me if you have additional questions. Kathleen Kim Special Counsel Office of Investor Education and Advocacy U.S. Securities and Exchange Commission (800) 732-0330 www.sec.gov www.investor.gov www.twitter.com/SEC_Investor_Ed TPAC is legitimate. So is the SEC.