Trans-Pacific Aerospace Company Inc. (fka TPAC)

[Frayed Knot]

HMMM, looking at the latest 10Q, money isn't something that TPAC has..

The Company incurred a net loss from operations of $312,817 during the three months ended January 31, 2016, and an accumulated deficit of $21,127,797 at January 31, 2016. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease development of operations.

I understand that reading the 10Q isn't something that should be done but something I find filings informative...

I enjoy that TPAC needs to find adequate capital to have a going concern, no need to have a product to sell to get the capital.. nah, that's just silly!