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Sunday, March 10, 2019 9:41:13 AM
“Since the middle of 2017 there has been no communication between TCA and the Company regarding this matter however TCA still operates the proposed acquisition which continues to grow and is very profitable.”
This issue is moot & irrelevant
Discontinued operations
“The Board of Directors of the company have discontinued the operations of Precision Aerospace and Technologies, Inc. (“Precision”) due to TCA Global Credit Master Fund, LLC (“TCA”) taking all the books and records of the Company and removing all of the Inventory and Fixed Assets of the company. As a result of these actions of TCA, prior losses, and the loss of key personnel the Directors concluded that there were no prospects of being able to restructure and getting back to profitability.
Acquisitions”
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