Trans-Pacific Aerospace Company Inc. (fka TPAC)

[flemsnopes]

So you're saying information provided in company filings, showing an increase in the number of shares of over 100% since March 2010, is not correct? I'm confused....... but of course, you knew that already.

Here's my original post about Gould, and perhaps I did jump to an unfair conclusion, but the politically correct and seemingly sanitized language, "resigned effective immediately", "short and bumpy tenure" and "abrupt departure", just spoke to me - another one of my many failings, I'm sure.


Trans-Pacific Aerospace Company, Inc. Appoints Kevin Gould to Board of Directors; Aerospace Veteran Joins the Team

Excerpt from veronews.com; looks like someone needed a job. Perhaps Piper didn't want to risk going the Adam Aircraft route.

Piper CEO Kevin Gould resigns, global search on for replacement
By Ian Love - Jul. 20, 2010, 1:56pm
VERO BEACH -- Piper CEO Kevin Gould has resigned effective immediately and will be replaced in the interim by Geoffrey Berger, the managing director of the parent company's Brunei operations, it was announced Tuesday.

The resignation ends a short, bumpy tenure as CEO by Gould, who took over the reins of the company in June 2009. Piper was bought by Singapore-based Imprimis in May 2009 and in that time the private equity firm has completely revamped the executive team. In a release put out by Piper, the company said it will conduct a "global search for an executive to lead the company."

Gould's abrupt departure comes after the company cut back on its estimates of deliveries for 2010 and imposed a week-long unpaid furlough beginning Aug. 9 for non-essential employees.


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