Replies to post #16624 on Tactical Air Defense Services, Inc.(fka TADF)

[Cardinal Grammeter]

MattC: "...no bottom yet" Right you are! Without news, it will continue to sink while many disappointed people selling outnumber those buying.

With the recent flurry of news, perhaps demand for TADF will have increased some, but the news is actually bad because acquisitions are paid for by dilution which is just what we went through in August.

My wild guess is that without good news, due to dilution, we will see new lows below .0004 However, there does seem to be some support forming (I wouldn't say its demonstrated yet) at the .0007-8 level. Still you hate to see those .0006 prints on big market sells.

If TACair lands a flight training contract, it will be interesting to see how much of that revenue, TADF sees.

I think TACair is in great shape, they have the SuperT and General Fogleman and have won numerous contracts already.

I don't think all is lost, but this dilution has really killed the possibility of really big multiples.

And also remember, that if they reverse split at this stage, we're all basically ruined.

And so it goes in Penny Land,
Tom