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Replies to post #8930 on Tactical Air Defense Services, Inc.(fka TADF)
frodo_1978
06/30/11 3:53 PM
#8946 RE: RAGE1 #8930
CARSON CITY, Nev., May 25, 2011 (GlobeNewswire via COMTEX) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it is has received the second $200,000 of the recently announced $1,000,000 financing commitment from Cornucopia, Ltd. TADF intends to use proceeds from the $200,000 to prepare for contract the Super Tucano military aircraft that it recently leased and intends to operate through a services agreement with its pending merger partner, Tactical Air Support Services, Inc. ("Tac-Air"), as well as for other general business purposes. TADF believes, but cannot guarantee, that the Super Tucano shall be operating in support of a tactical aviation contract within 60 days and shall generate revenues of between $2 million to $3 million per year for TADF and Tac-Air.