Companies must keep a 'window' or 'gap' between the A/S & O/S. The O/S can never exceed the A/S. Convertible note holders and preferred share holders must have the ability to convert their shares. Do I think TPAC will max out the SS? It depends on whether they will be able to pull in enough revenue within the next 90 days to offset conversions. Think about it from this perspective, hypothetically - if the company were diluting $50k per week at .0010 that would equate to 50 million shares right? Well factor in how many shares that $50k would convert at .0006? 83.3 million shares? That adds up quickly!

Remember, a share structure must provide leeway in the A/S to allow for O/S conversions. I have witnessed many pinks fail to achieve self-sustaining revenues, and be forced to raise the A/S or reverse split on its shareholders. I'm not saying that will happen to TPAC - not with Bill in charge, but it is a possibility that should not be overlooked!

If this were any other pink, I'd have taken my 64.75% loss already! HOWEVER. I believe EX-IM is practically 'in the bag' at this point, and that Bill will come through on revenue this year. So with all of that being said I am looking forward to Bill closing on this current EIA contract & heading to China asap to get some shit done!

- in my opinion.