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DJ Ponder

09/29/16 9:50 AM

#94372 RE: Frayed Knot #94363

WHAT A HUGE FIND THAT WAS.
EXPOSED THIS PILE OF GARBAGE AS THE TOTAL SCAM IT IS.

For instance the whole thing with Woodward Global...

Quote:In September 2016, we entered into a consulting agreement (“Consulitng Agreement”) with Woodward Global, Ltd. (“WG”), a Nevada corporation owned by Mr. Angus McKay, son of William R. McKay, our Chairman and CEO. Pursuant to the Consulting Agreement, we will provide consulting services to WG for a period of twelve (12) months for a total consideration of $2,000,000

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OOPS.. a bit of info left out... Bill Mckay is head of "WG" not to mention "WG" use to be Harbin Aerospace... that really important company to TPAC (which, of course, was owned by Nikki, the wife, then changed name to "WG" with the son "in charge" for about 2 months...)

Quote:On February 1, 2010, the Company completed the acquisition of the aircraft component part design, engineering and manufacturing assets of Harbin Aerospace Company, LLC (“HAC”).













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VeronicaFox

09/29/16 10:08 AM

#94384 RE: Frayed Knot #94363

So if I'm reading that correctly, William McKay is paying William McKay $2,000,000 for "consulting" services. That's a good source of income if you can find someone who will actually fall for it.

Interesting too that last quarter TPAC paid out $269,400, yet they rake in $ -0- revenue. It would be much more transparent if they stated who the consultant(s) is.