That's the thing that concerns me. It seems a lit
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Posted On: 02/09/2021 3:06:22 PM
Re: ChipTrader #22804
That's the thing that concerns me. It seems a little too coordinated. Especially with no news. The company Trans Pacific Aerospace Company has been silent for three years. It's also listed as INACTIVE as a California Corporation.
HOWEVER, and this is an interesting one, there is another Nevada corporation owned by Bill McKay called Harbin Aerospace Company, LLC and it is an ACTIVE corporation. He may not be using the corporation TPAC but be using the Harbin corporation for legal purposes.
The bottom line is that someone or some group is buying up the shares. They could be waiting for joe average penny stock investor to climb on board and make this go up like it did in 2015 and then dump all their shares just like in 2015.
Or, it could Bill McKay doing something with Harbin Aerospace in the Chinese bearing business with AVIC and the new 919 or 929 aircraft or some other venture. There is no indication that he sold the bearing machinery that he supposedly set up in Donnguan, China. He does (or did) have the approval from the US military and had a small portion of a factory set up with Godfrey (Guangzhou) Aerospace Bearings LTD.
The last we heard was that the US Navy had to inspect the factory with the installed equipment to get the bearings upgraded from conditional approval to certified. We don't know if that ever happened.
If you look at the volume over the last month it's pretty incredible. It would take quite a bit of cash to drive up billions of shares from .0001 to .0006.
I've been sitting on 100 million shares and have dropped about 40 million between .0002 and .0005 -- just in case this fizzles out as a quick P&D.
But I'll now sit on my 60 million shares like a lot have posted.
Maybe no news is good news in the short term. It definitely won't work in the long run.
HOWEVER, and this is an interesting one, there is another Nevada corporation owned by Bill McKay called Harbin Aerospace Company, LLC and it is an ACTIVE corporation. He may not be using the corporation TPAC but be using the Harbin corporation for legal purposes.
The bottom line is that someone or some group is buying up the shares. They could be waiting for joe average penny stock investor to climb on board and make this go up like it did in 2015 and then dump all their shares just like in 2015.
Or, it could Bill McKay doing something with Harbin Aerospace in the Chinese bearing business with AVIC and the new 919 or 929 aircraft or some other venture. There is no indication that he sold the bearing machinery that he supposedly set up in Donnguan, China. He does (or did) have the approval from the US military and had a small portion of a factory set up with Godfrey (Guangzhou) Aerospace Bearings LTD.
The last we heard was that the US Navy had to inspect the factory with the installed equipment to get the bearings upgraded from conditional approval to certified. We don't know if that ever happened.
If you look at the volume over the last month it's pretty incredible. It would take quite a bit of cash to drive up billions of shares from .0001 to .0006.
I've been sitting on 100 million shares and have dropped about 40 million between .0002 and .0005 -- just in case this fizzles out as a quick P&D.
But I'll now sit on my 60 million shares like a lot have posted.
Maybe no news is good news in the short term. It definitely won't work in the long run.
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(0)Trans-Pacific Aerospace (TPAC) Stock Research Links
JonnyBGood
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