Trans-Pacific Aerospace Company Inc (OTCMKTS:TPAC), a leading name in United States business acumen, is pleased to announce that is has decided to reduce the number of outstanding common shares. As per the reports, the company is looking forward to reducing total outstanding common stock by 778.95 million common shares.
These common shares will be removed from the company’s outstanding shares without any further delay.
Senior management of the company is delighted to announce this news and hopes that it will help the company in achieving newer heights without any hassle in the near future. According to Bill McKay, Chief Executive Officer, Trans-Pacific Aerospace Company, it’s a great way to start the year. The company had promised its shareholders that it would decrease the number of outstanding shares in the near future, and with this step, it has lived up to its promises.
The management has a long-term plan for the company to make sure it can add value to all the shareholders’ investments, the decision of reducing outstanding common shares will take it one step closer to its objective. Trans-Pacific has outlined its business plan for the future months on its official website so that shareholders can access it and know what’s in store for them.
The company has missed deadlines on a few occasions in the past; however, it’s grateful to shareholders for keeping their trust and digging along in the tough time. The entire management team is fully devoted to living up to shareholders expectations and adds value to their investment in the best possible way.
To get rid of increasing market pressure, Trans-Pacific Aerospace Company Inc (OTCMKTS:TPAC) has also decided to expand its business in different geographies. It eyes to earn a significant place in the Chinese market as of now. McKay promises to reveal future expansion plans to company’s shareholders at a later date.