Replies to post #5206 on Tactical Air Defense Services, Inc.(fka TADF)

[thewolf1]

It wasn't people, it was me. So you can address me. I read it as millions of shares being converted to common stock, thus equating to dilution, which happens frequently from my past experience with this type of financing.

[frodo_1978]

hey guys, yea the 8-k is very complicated, but it does give cornicopia the option to buy millions of shares on the open market for upto a year at a specific price. The complete details of the merger havent been released yet, as of right now all we know is that there are 2.6B o/s and 3B a/s. In any event, we dont know what surprises lie ahead. After merger the combined entity could go into a share re-purchase program. A few years back, when the float was in the millions, TADF did go thru a share repurchase program, so its not out of the question that they opt for this and reduce the outstanding shares. Every thing upto this point has been very calculated, the business model has been worked on for years and there is very little to no competition. We know TADF was awarded a 208M contract from the government in 2008. As a combined entity they can apply for larger contracts. The activity in Tac-air and the TADF funding for planes, suggests that a contract has been awarded and they are complying with the requirements. GLTA