Replies to post #60442 on Trans-Pacific Aerospace Company Inc. (fka TPAC)

[ranger_7]

Great post sir!!! Totally agree. People need to realize that companies don't automatically generate income, first they need to borrow money to get the business started and once that's established, they start generating revenue and pay off debt. TPAC doesn't really have much debt, with the contracts they are working on, it will be peanuts soon! It's just how it works and seems like some people don't understand it. That's too bad because those who sell for $500 gain will miss out on potential huge gains.

Why should I wait and make 50k when I can sell today and make $500??? Sad but this is the mentality of lots of people LMAO

[TheNersh]

Thank you for offering up some common sense among the madness. TPAC is looking good.

[SmartTrader10]

Excellent post!!! Truth about TPAC! Should be stickied!!!

[tedpeele]

That makes sense Johnny, but I have a problem with the 2000+ preferred issued in Aug-Sep unless that was in exchange for the common stock float. Not sure the mechanism of how that works.

The second thing I wonder about is why the TA is gagged (allegedly). I saw a tweet by Bill saying it is to reduce costs but that doesn't seem to be a concern for other companies, so the end result is it looks evasive, to me at least.

The last concern I have is re the executive compensation of over 600 pref shares in the 9 month period (presumably that converts to 600m shares, worth over $2m today) when Bill discussed the $3.6m executive compensation. He seemed to be saying that it was really only stock worth about $117k, but didn't say anything at all about the value of the preferred stock given, nor did he attempt to explain why the 10Q says $3.6m -- ie how that ties in with the numbers he did give. That seemed suspicious to me.

I would be a buyer with reasonable explanations from folks like you that seem to have a deeper understanding of the issues.

Ted