$TPAC Great post on the IHUB board from "MoneyForN
Post# of 22940
Quote:
Who says he's ignoring anything? You? I don't know where you've been, but anyone with a serious question gets those questions answered seriously by Bill.
Before you contact Bill with your question, I recommend reading up on Accumulated Deficit and looking over the financials for companies that have gone through the start-up/development phase that Trans-Pacific Aerospace has gone through. It's not Bill's responsibility to educate the masses on the basics of investment and early-stage business development financing. Furthermore, anyone who does understand these concepts on a basic level is not even questioning the accumulated deficit. Considering the costs involved in developing this type of business in the aerospace industry and the associated costs that accumulate over the years of development in early stages, it is a major feat that Bill has accomplished so much with so little invested over that time.
This is where the rubber hits the road when it comes to development of an enterprise like TPAC. The fact that Bill has been able to form such a knowledgeable, contributing board of directors and a solid long-term relationship with the early-stage investors who've been loyal, serious investors for the long-term as the deficit necessarily has accumulated to well over $20M over many years (by now, six months after the latest 10Q filing) - and that they've redoubled their commitment in forming TPAC China (which, by the way, is NOT 100% owned by the doctors as someone recently stated on this board; it's jointly owned by the doctors, Bill McKay and TPAC) to oversee the China manufacturing operation - is a testament to Bill's integrity, industry experience and his technical and executive know-how.
So... what is your question on "the subject of deficit"? Please state it. Is it: "Why is it $20M+?" Or is it: "When will the deficit begin to level off?" Or is it: "When will the deficit begin to shrink?" Or is it: "When will we see 'equity'?"
It will be easy to address "the subject of deficit" if you could present a well-formed question but, quite frankly, there's nothing to address other than educating those who may have little understanding of investing in such endeavors as aerospace manufacturing and supply chain business development - or even, quite simply, any business that requires development of a product, manufacturing process and sales/distribution system.
Trans-Pacific Aerospace (TPAC) Stock Research Links
Courage is being scared to death, but saddling up anyway.--John Wayne (1907-1979)