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 $0.0068 per share.
Just FYI… A third party investor in Tactical Air Defense paid $70,000 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 $500,000. The company received a $500,000 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 $500,000 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 ($0.01) per share for aggregate proceeds to TADF of $500,000.
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.
Further information about TADS is available on its website: www.tads-usa.com.
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