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  4. Trans-Pacific Aerospace (TPAC) Message Board

The question is; How do you get the price to .0003

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Post# of 22940
Posted On: 11/15/2016 4:32:27 PM
Posted By: corporatexpress
The question is; How do you get the price to .0003 in order to buy back the shares. It would seem to me that if the goal of the MRVB is to buy back the common shares, the strategic thing to do is accomplish that before revenue is announced. Otherwise, revenue reports will drive the price up and away from the desired buyback pps. That would mean that if the 2 Billion sitting on the Ask at .0003 are going to buy back at that price, the pps has to continue to decline to that level. Alternatively, if others sell now and put their buy orders in at .0004 to pick up shares just prior to the .0003 buyback, that could be a huge mistake in timing. If the buy order is still in, that means the funds should be available to cover it ($600K) today if the price dropped to .0003 tomorrow (hypothetical as the price will not tank that fast.) However, while the pps continues to decline, the MRVB is continuing to accrue more funds that can augment the 2 Billion buy order to a level of .0004 or possibly .0005. Naturally, the more TPAC can buy back at the lower rate the better. And, the more those holding large sums will be interested in selling as they watch the pps drop to unacceptable levels. So, in a heartbeat, the buyback order at .0003 could be raised to .0005, before those planning on buying back in at .0004 could react. They might not get all 2 Billion but they could probably come close.

Make it so number One...


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