Tactical Air Defense Services, Inc.(fka TADF)

[Homeland]

Dilution isn't a question, it's a fact.
Read through the SEC docs to see how many shares were issued for the purchases. They are all Class "C" stock. Each one is convertible to 400 shares of common stock

Here's some DD info to fill you in. At the end of the post is a count on how much dilution there has been.

This link may surprise some people. Others may have forgotten about the creeps who started (more like changed the name of a bankrupt firm)TADF back in December of 2007.

http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=6141444-242381-253000&SessionID=gtlrFekbu8tY1p2

Things got so bad during the grand larceny and fraud charges (evidence during Searock's lawsuit V TADF)that some of the original guys were legally cut away from TADF in an SEC filing,

You can read about further antics from May 2010 right here on post #1039 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50384924

The posted outstanding number of common shares is 6 billion . That's probably not including the shares issued as purchase for the recent 4 acquisitions. The one or two stockholders of all of these firms was Mark Daniels or his father Fred Daniels. One of them included Victor Miller.

Dilution (all class C):
Logos Aviation 833,333 (repair station license)
Northrop TF5-1 Corp 2,500,000 (Canadair CF-5)
. plus $500,000 note at 12%
Global Lease 1,250,000 (two CF-5 being leased)
Aerotech 5,000,000 (exchange for $250K note?)

TOTAL of 9,583,333 Class C shares, which equals an additional
3,833,333,200 shares of common stock,
plus all of the antidilution clauses in already held stock.

To those that just want the bottom line, Mark Daniels and family just acquired an additional 40% of all outstanding stock. If memory serves, he held a nice percentage of stock from the beginning, all of it with anti-dilution clause. TADF effectively doubled the amount of outstanding shares. Did you get any?

The warning sign came in early July when Daniels name first appeared in a transaction with TADF