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  4. Trans-Pacific Aerospace (TPAC) Message Board

Well, the deal could be done as in a LOI or other

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Post# of 22940
Posted On: 05/02/2016 10:27:48 AM
Posted By: TexasTailchaser
Re: tradingjeff #7459
Well, the deal could be done as in a LOI or other signed commitment (which PRs are issued all the time for), but the finalized deal, meaning all parties have signed a binding contractual agreement, might take a bit more time as the lawyers on both sides scrutinize every word.

In other words, the deal is probably done, but the contract may still need a little time. I am just speculating on the side of caution here as far as expectations. I think of it like buying a house. inspections are done, financing has been approved, both sides have agreed to a closing date, earnest money deposited in escrow. Until the actual close process is finished, it isn't finalized legally. It takes some time to prepare that mountain of paperwork.

Now, personally, I am on pins and needles too. The progress TPAC has made including surviving some very critical hurdles along the way that could have resulted in the demise of this company....has been most impressive. As I have stated before, a vast majority of OTC stocks would have closed their doors by now.....long ago. Waiting a few more days ain't nothin'

I am already hoping to meet some of the other longs on this board in person someday if only to raise a celebratory toast.



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