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Re: madnex1 post# 10071

Tuesday, 07/26/2011 2:23:46 PM

Tuesday, July 26, 2011 2:23:46 PM

Post# of 19899
Welcome madnex1, IMO short term could be explosive.

TADF recently received financing which was used to purchased a Super Tucano airplane, they also announced a pending deal to buy some jets. Some of the money received was said to be used 'to ready the plane for contract'. It is the opinion of some on this board that they wouldn't be getting it ready if there wasn't contract to use it. News about the contracts are due any day.

TADF has also been in merger talks with another known defense contractor. In previous SEC filings it states that the new company will receive half of TADF. TADF recently announced an increase in shares from 3billion to 6 billion. It is widely believed on this board that these new shares will be used to finalize the merger with Tactical Air Support. The increase was made effective on the 25th ( if memory serves correct) so news on this merger is also due any day.

If you check the Tactical Air Support website, you will see a picture of the plane that was jointly purchased by the two companies. http://www.tacticalairsupport.com/TacAir/Home.html

So we have revenue news due, contract news due, merger news due, planes being purchased, financing still coming in ...

a lot of good things in the works for TADF

hope this helps
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