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jyates

06/25/11 2:29 PM

#8723 RE: titan11 #8721

great news! thxs for all the updates...
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pacfan

06/25/11 2:50 PM

#8724 RE: titan11 #8721

I am new at all this as you all know and I am as uncertain as it seems is many but I did read a little and it says that there is a Pre 14c and a regular 14c. the way I understand the reading is if it were not pertaining somewhat to the Merger it would be a Pre 14c and not a regular 14c.??????


What Does SEC Form PRE 14C Mean?
A filing with the Securities and Exchange Commission (SEC) that must be filed by a registrant needing to file a preliminary information statement related to a subject other than a merger, contested solicitation or special meeting. SEC Form PRE 14C provides security holders, who are entitled to vote on issues for which the company is not soliciting proxies, with information required by Schedule 14A. The form also provides information about the interest of certain persons in favor or in opposition to matters to be acted upon and proposals by security holders. The form is required to state that proxies are not solicited.
Investopedia explains SEC Form PRE 14C
Form PRE 14C is required under Section 14(c) of the Securities Exchange Act of 1934. This form must be filed with the SEC 10 days before definitive information statements are distributed to shareholders and helps the SEC protect shareholders' rights by ensuring that they receive key information, clearly presented.



Read more: http://www.investopedia.com/terms/s/SEC-Form-PRE-14C.asp#ixzz1QJZJnZc0
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frodo_1978

06/25/11 3:51 PM

#8727 RE: titan11 #8721

yea titan, the current A/S of 3B have already been issued and are in the open market. The only way this gets done is to increase the A/S and issue 2.7B shares to Tac-air for their 46% share. They specifically raised it to 6B, becuase no other number makes this happen. A 5B A/S means tac-air gets 2.3B shares, this would not work becasue total shares would go over the 5B mark. This was discussed prior to the april run here on the board, but the topic hasnt been raised since then. In any event, this is a sign that this merger is done. This was the final step, to getting it all done. The additional shares arent really needed other than to give tac-air their 46% share becasue they have more than enough funding from cornicopia to get their acquisition strategy underway

GLTA
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sub756

06/25/11 8:54 PM

#8733 RE: titan11 #8721

Correct you are about the board's 300mill reported holdings only representing a portion. No offense to any of you, but I will not report my holdings. I'm sure there are MANY who will not do so for reasons of their own as well. Suffice it to say, that I will be adding more. Especially if the pps takes a temporary slide. Also, I'm long TADF and believe in a soon successful merger which will reap great rewards for those who stay in the game.