Replies to post #75805 on Trans-Pacific Aerospace Company Inc. (fka TPAC)

[spudsuds]

I cant read the filings because there isnt one. Stop spreading false information. This is on the NVSOS. I suggest you purchase the 10 page document for yourself. Plus it was 50,000 preferred before the change not 20,000

That's just not true. Read the filings. 20,000 Series A preferred are authorized at a conversion rate of 1 preferred to 1 million common. There are less than 4,000 issued. The remaining 4,980,000 preferred have been on the books since 2008. They have no specific terms. So your trillion calculations are off. Depending on how the board determines to define the remainder, if they ever do, the calculation you made could be way too high or way too low. At this point it doesn't matter. Virtually all companies, whether OTC or Big Board have these types of "blank check" preferred shares authorized. They are almost always authorized when a company is formed. It's very common and not a big deal.

[Helter Skelter]

Bullshit.

Virtually all companies, whether OTC or Big Board have these types of "blank check" preferred shares authorized. They are almost always authorized when a company is formed. It's very common and not a big deal.

It's not true and if so, it would be a HUGE deal. "No big deal"...my ass.

20,000 Series A preferred are authorized at a conversion rate of 1 preferred to 1 million common. There are less than 4,000 issued.

20,000,000,000 shares. 20 billion tpac shares! Ready to go!

(20,000 preferred x 1,000,000 conversion factor 20 billion new common shares)