NAVAIR certification was not cheap. tpac required lots of convertible loans to get to where it's at now. the good thing is that the majority of convertible debt is shareholder friendly, with a conversion price of .25 pps. tpac will need to secure 1-2 million in financing this year to really kick start production & marketing operations - either through loans OR a partnership in which the partnering entity will provide the capital, see the Projen partnership..

imo

$tpac