I think putting in false information is a bit more than a "risk" factor..
For instance the whole thing with Woodward Global...
In September 2016, we entered into a consulting agreement (“Consulitng Agreement”) with Woodward Global, Ltd. (“WG”), a Nevada corporation owned by Mr. Angus McKay, son of William R. McKay, our Chairman and CEO. Pursuant to the Consulting Agreement, we will provide consulting services to WG for a period of twelve (12) months for a total consideration of $2,000,000
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OOPS.. a bit of info left out... Bill Mckay is head of "WG" not to mention "WG" use to be Harbin Aerospace... that really important company to TPAC (which, of course, was owned by Nikki, the wife, then changed name to "WG" with the son "in charge" for about 2 months...)
On February 1, 2010, the Company completed the acquisition of the aircraft component part design, engineering and manufacturing assets of Harbin Aerospace Company, LLC (“HAC”).