hey bill, last year with more or less the same share structure it reached 5 cents a share, with considerably less potential based on what we know now and all the info this board has provided. Several of us have spoken to Gerald (TADF IR contact) based on his conservative estimates he placed a .025 to .05 price per share based on 1x's tac-air's current revenues. I asked him on specific revenue numbers for Tac-air, he said he couldnt disclose because they are private and obviously that is insider info. But he said that all he could tell me was that tac-air was a SIGNIFICANT company with SIGNIFICANT revenues, and that both parties wanted to get the merger done as soon as possible. As to a r/s, im not sure that is a route they would take, they havent done one in the history of the company, and ive been in since 2006. Gerald, also told several of us, that they would most likely initiate a share repurchase program, this sounds more likely given the fact that TADF has had a history of stock buybacks. The merger has taken a bit of time to get done, but the best evidence we have are the pr's with both parties getting quoted and with business being done together. Remember, the super tucano was acquired together. TADF put down the financing and tac-air is responsible for the craft, training, maintenance, etc. So, depending on the impact of the merger details and any pending contracts, with the current share structure it is not out of the question to see anywhere from 5 - 10 cents initially. But realize, this could take time, right now we need to focus on baby steps, we need to get out of this congested range and finnally make a push to break out of the cup and handle pattern. There are a lot of technical indicators that very bullish which i have mentioned many times on prior posts. So far she looks good man, shes holding strong, just waiting and accumulating for the third leg up.
GLTA
