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Re: olandug post# 5013

Sunday, 04/24/2011 7:08:43 PM

Sunday, April 24, 2011 7:08:43 PM

Post# of 19899
hey olan, from the last 10-q, the OS were 2.6B and i believe the AS were at 3B. They really havent gone into too much detail with the share structure after the merger is complete. this is as much detail as they have released. It is quite possible that shares could be reduced, considering tac-air has real revs, and contracts. Tadf has reduced the number of shares in the past. This is from a Dec pr:

•Tac-Air shareholders, and TADF shareholders owning greater than 1% of the outstanding post-acquisition shares, shall be subject to a Lock-Up and Leak-Out agreement for a period of 1 year.

•Tac-Air shall be a wholly owned subsidiary of TADF, and Tac-Air shareholders shall receive securities equal to 45.75% of the outstanding post-acquisition shares of TADF stock;



According to IHUB the float is 750M, not sure how accurate that number is though. The chart and recent trading activity, with or without news, points to the .0045 - .005 range on the next leg up of this run.
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