Tactical Air Defense Services (OTC:TADF) Under Promotion: Heavy Trading this Morning | investment partners
Today's stock under a promotion campaign is a sub-penny stock named Tactical Air Defense Services (OTC:TADF) which has already had more than 18 million shares swap hands and its last trade price was .0068 per share.
Just FYI… A third party investor in Tactical Air Defense paid ,000 for the current stock promotion campaign.
Tactical Air Defense is an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, disaster relief services, and other Aerospace/Defense services to the United States and Foreign militaries and agencies.
They also have fresh news from yesterday announcing a new financing facility of 0,000. The company received a 0,000 financing commitment from TCI Global Trading Limited ("TCI") to fund the transaction financing provision of the Tactical Air Support, Inc. ("Tac-Air") acquisition.
As previously disclosed by TADF in the Letter of Intent (the "LOI") signed by TADF and Tac-Air on May 20, 2010 in connection with the acquisition of Tac-Air by TADF (the "Transaction"), TADF committed to provide transaction financing of 0,000 as a condition to closing the Transaction. Pursuant to a financing agreement between TADF and TCI, TCI has agreed to purchase 50 million shares of restricted stock of TADF at one cent (.01) per share for aggregate proceeds to TADF of 0,000.
TCI Global Trading Limited is a Merchant Banking firm based in the Turks and Caicos that finances high-growth public companies with its own capital and the capital of its investing partners. TCI is currently a shareholder of TADF.
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