Tactical Air Defense Services, Inc.(fka TADF)

[SugarCoat]

The merger letter of intent states that tac-air will receive almost half (~46% I believe) of the outstanding shares post merger. In order to give tac-air this amount of shares, TADF must increase the amount of shares they have. If they double the shares, they can then give tac half and be done with the merger.

A more detailed description can be found in the many earlier posts discussing this topic on this board. Frodo posted a very detailed breakdown share by share. Some of us expected this to happen. That expectation was reinforced with a pre 14c and confirmed with this latest filing.



all of this is of course opinion by a TADF shareholder.