TPAC/Bill got into this mess by issuing more Prefe
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Posted On: 05/14/2018 8:12:13 AM
Re: Trumplican #21022
TPAC/Bill got into this mess by issuing more Preferred shares than he had in the A/S when incorporated in Nevada. TPAC moved to Wyoming for unlimited A/S in order to cover the billions in Preferred shares Bill issued. Mostly to himself and his insiders. Bill claimed the move was strictly for cost saving and the O/S would never exceed 4.5 billion. The current O/S is in the 12 -15 billion area now and Preferred still are not done converting.
Read the filings its all in there. Dont listen to anyone saying this was not Bills fault. He knew exactly what he was doing and he is the only one to blame for this mess. The last filing mentions conversion/convertible note 80 times. No legit company operates like this.
Read the filings its all in there. Dont listen to anyone saying this was not Bills fault. He knew exactly what he was doing and he is the only one to blame for this mess. The last filing mentions conversion/convertible note 80 times. No legit company operates like this.
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(3)Trans-Pacific Aerospace (TPAC) Stock Research Links
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