Tactical Air Defense Services, Inc.(fka TADF)

[M_T_Pockets]

Details of the merger are still unknown except for basically this info from the December PR:

"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;"
See the yellow sticky above for more details.
TacAir's debt ($1 mil+/-) looks like it will be retired and covered by a $3mil loan secured by TDAF.
So share structure still is undefined, in detail, until the merger info is released, but TDAF has a history of stock buy backs.
A lot depends on any contracts that may be in the near future, but right now that is unconfirmed speculation.
Take some time and scan the posts for the last few weeks and you'll see some pretty good info offered by the members of this board. They all seem to have pretty valid views and digesting it all and building your own opinion is the best course of action. GLTY and happy investing.
PS: welcome to the board!