Tactical Air Defense services (TADF)

by sdmaley | August 27, 2012 10:08 am

Anyone had a look at them. Possibly a new approach to ”on a wing and a prayer”. A bunch of small acquisitions announced, to be financed via issue of preferred shares and/or promissory notes. Lots of debt on balance sheet, does not seem to be much in the way of free-and-clear tangible assets.

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