Replies to post #75806 on Trans-Pacific Aerospace Company Inc. (fka TPAC)

[brucedale]

The NVSOS doesn't mention 5 million preferred that are able to convert to 1 million common for each preferred. The filings mention the 20,000 Series A. The fact is that the board could decide that the remaining 4,980,000 preferred could convert at 1 to 1 or not convert and just get voting rights or convert at 10 million (or more) to 1. They can define them however they want. I'm not spreading false information, just trying to explain how blank check preferred shares work. Calm down.