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      8-K</strong></font></div>
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      REPORT</strong></font></div>
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      to Section 13 OR 15(d) of the Securities Exchange Act of
      1934</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                of Report (Date of earliest reported) July 14, 2006</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>TACTICAL
                AIR DEFENSE SERVICES, INC.</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
                name of registrant as specified in its
                charter)</font></div>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong><font size="2">Nevada</font></strong></div>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong><font size="2">333-79405</font></strong></div>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong><font size="2">88-0455809</font></strong></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                or other jurisdiction of incorporation)</font></div>
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                File Number)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(IRS
                Employer Identification No.)</font></div>
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    <div>&#160;</div>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong><font size="2">1550
                Ostler Court, Vancouver, British
                Columbia, Canada V7G-2P1</font></strong></div>
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                No.: (604) 924-8000</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
                and telephone number of Registrant's principal</font></div>
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                offices and principal place of business)</font></div>
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      the
      appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions (see General Instruction A.2. below):</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      1.01 Entry into a Material Definitive Agreement.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      July
      14, 2006, Tactical Air Defense Services, Inc., a Nevada corporation (&#8220;TADS&#8221;) and
      three of its recently formed wholly owned subsidiaries, Resource Financial
      Aviation Holdings Inc., OneSource Aviation Acquisition Inc. and Genesis Aviation
      Acquisition Inc., each a Nevada corporation (the &#8220;TADS Subsidiaries&#8221; and,
      collectively with TADS, the &#8220;Company&#8221;) entered into a definitive Asset Purchase
      Agreement (the &#8220;Agreement&#8221;) with AeroGroup Incorporated, a Utah corporation and
      its three wholly owned subsidiaries, OneSource Acquisition, Inc., Genesis
      Acquisition, Inc., and Resource Financial Holding Acquisition, Inc., each a
      Delaware corporation (the &#8220;AeroGroup Subsidiaries&#8221; and, collectively with
      AeroGroup Incorporated, &#8220;AeroGroup&#8221;), pursuant to which the Company will acquire
      substantially all of the assets of AeroGroup (the &#8220;AeroGroup Assets&#8221;) and in
      exchange therefore, will issue stock and assumed certain indebtedness and other
      obligations under various warrants and other contracts of AeroGroup (the
&#8220;AeroGroup Acquisition&#8221;). The closing of the AeroGroup Acquisition is
      contemplated to take place in early August of 2006 and is conditioned upon,
      among other things, various government permits being secured by the Company
      and
      completion of consolidated audited financial statements by the Company&#8217;s
      auditors relating to the transaction, as more fully set forth below.
</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Assets
      Acquired</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      AeroGroup Assets to be acquired by the Company include: </font></div>
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            <td align="right" style="width: 72pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Two
                MiG 29 &#8220;Fulcrum&#8221; fighter aircraft, which were recently appraised at
                $2,800,000 each (pre-modification);</font></div>
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      </table>
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            <td align="right" style="width: 72pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Four
                Singer Link tactical jet simulators, and related equipment, recently
                appraised at $285,000 each (pre-modification);
</font></div>
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      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top" style="line-height: 1.25;">
            <td align="right" style="width: 72pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Assignments
                of copyrights to a specialized F-16 Fighter Aircraft training course
                syllabus, specially created by AeroGroup in training pilots to use
                this
                aircraft&#8217;s Flight Control Navigation Panel;
</font></div>
            </td>
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      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top" style="line-height: 1.25;">
            <td align="right" style="width: 72pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Assignments
                of Provisional applications for &#8220;utility&#8221; patents</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">filed
                relating to methods of operational training uses of fighter aircraft
                by
                civilian corporations of these type of military aircraft for training
                of
                military personnel, specifically F-16, Pat. Pend. 60805870; Kfir,
                Pat.
                Pend. 60805885; A-4 Skyhawk, Pat Pend. 60805877; and MiG 29, Pat
                Pend.
                60805888;</font></div>
            </td>
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      </table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top" style="line-height: 1.25;">
            <td align="right" style="width: 72pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Rights
                as assignee under various contracts and sub contracts to provide
                combat,
                primary and other flight training as well as training research, in
                the
                F-16 and various other types of aircraft to military personnel of
                the US
                Armed Forces and to the armed forces of certain NATO aligned companies
                (the &#8220;Training Contracts&#8221;); and</font></div>
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      </table>
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    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

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            <td align="right" style="width: 72pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Assignment
                of leases relating to hangers and facilities currently occupied by
                AeroGroup at the Grayson County Airport in Grayson, Texas.
                </font></div>
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      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">It
      is
      intended that the AeroGroup Assets will be used by the Company in connection
      with training military pilots in both &#8220;basic flight training&#8221; and for &#8220;combat
      flight training&#8221;. The Company will focus on use of the MiG&#8217;s and other training
      assets to provide U.S. and NATO military pilots with a &#8220;real life&#8221; opportunity
      to train against threat-type aircraft, the performance and flight
      characteristics of which are superior in some respects to those of U.S. and
      NATO
      fighter aircraft. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      addition to the training contracts to be acquired, the Company intends on
      negotiating and developing additional contracts to provide flight training,
      combat and readiness training and general civilian flight support for U.S.
      military aircraft in the United States (such as fuel, maintenance and ground
      support). </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Consideration
      Paid For AeroGroup Assets</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company will pay AeroGroup 14,989,800 restricted shares of the Company&#8217;s common
      stock at the closing in exchange for the AeroGroup Assets, resulting in the
      ownership by AeroGroup of greater then a majority of our voting stock.
      Additionally, AeroGroup&#8217;s obligations under outstanding convertible notes and
      warrants will be assumed by the Company and, upon conversion or exercise, will
      entitle the holders thereof to receive 1 share of TADS Common Stock (the &#8220;Common
      Stock&#8221;) for each 50 shares of AeroGroup to which the holder thereof is entitled,
      with a corresponding increase to the conversion and exercise price (with minor
      exception for shares underlying certain contracts and notes). </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      all,
      the Company will be assuming approximately $8.5</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">million
      amount of convertible indebtedness (inclusive of interest) which will be
      convertible into approximately 36,506,113 shares of the Company&#8217;s Common Stock
      as of the date hereof and Warrants to acquire 21,566,805 shares of the Company&#8217;s
      Common Stock. The assumed indebtedness includes the assumption of AeroGroup&#8217;s
      obligations under a $1.1 million Secured Convertible Promissory Note issued
      to
      Mark T. Daniels, a principal and controlling shareholder of AeroGroup, which
      is
      secured by senior lien on all of the AeroGroup Assets being acquired.&#160;
<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
      note
      to Mr. Daniels will, after the closing of the AeroGroup Acquisition, be secured
      by a senior lien on the Company's assets. </font>The issuance of the shares in
      accordance with the AeroGroup Acquisition will, thereby, result in Mr. Daniels
      indirectly owning a majority of our outstanding shares. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Conditions
      to Closing of AeroGroup Acquisition</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      closing of the AeroGroup Acquisition is dependent on certain conditions,
      including, without limitation: </font></div>
    <div>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company securing government licenses and permits with the ATF, the CCR and
      ITAR
      license</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">that
      will
      enable it to own and operate fully functioning military aircraft, to perform
      and
      become assignees under the Training Contracts and to enter into similar
      government contracts in the future utilizing such assets for training of
      military personnel (collectively, the &#8220;Government Licenses&#8221;). AeroGroup
      currently has these licenses and permits, however, the Government Licenses
      can
      only be obtained if certain qualified personnel are active board members and
      executive officers of the Company. Therefore, certain board members and
      executives will be appointed as board members and officers of the Company on
      an
      interim basis pending receipt of the Government Licenses. (See &#8220;Appointment of
      Interim Director and Officers&#8221; below). </font></div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        </div>
      </div>
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        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Additionally,
      the AeroGroup Acquisition will not close until completion of the auditors report
      with respect to the consolidated financial statements of the Company and
      AeroGroup. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If
      the
      above two conditions are not fulfilled within 75 days of the date of the
      Agreement, the AeroGroup Acquisition may be terminated at the will of either
      party. This time period may be extended by consent of the parties. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Appointment
      of Interim Directors</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      order
      to secure the Government Licenses required to be obtained as a condition to
      closing, Derick Sinclair, the Company&#8217;s existing sole board member, shall, upon
      satisfaction of certain disclosure requirements that are required to be made
      pursuant to rules of the Securities and Exchange Act of 1934, as amended,
      appoint Mark T. Daniels, the President and Chief Executive Officer of AeroGroup,
      to the Company&#8217;s Board of Directors and as Secretary and Treasurer.
      Additionally, the TADS board of directors intends to appoint Lt. General Charles
      Searock as President and Jeffrey Peer as Vice President. Simultaneously, Mr.
      Sinclair shall resign from the Board. In the event that both of the above
      referenced conditions are not satisfied within seventy-five (75) days after
      the
      Agreement (unless extended by the parties), said appointees will resign and
      re-elect Mr. Sinclair as Director, and the transaction may be terminated by
      the
      parties without recourse. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      9.01 Financial Statements and Exhibits.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
      Financial statements of businesses acquired.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
      financial statements are filed herewith. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
      Pro
      forma financial information.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
      pro
      forma financial statements are filed herewith.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
      Shell
      company transactions.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      registrant does not believe financial statements and pro forma financial
      information is required by Rule 3-05(a) of Regulation S-X. Said financial
      statements and financial information will be filed upon closing of the AeroGroup
      Acquisition. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)
      Exhibits.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Exhibits to this report are listed in the Index to Exhibits which immediately
      follows the signature page hereto.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
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        </div>
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      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
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        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned hereunto
      duly authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" width="100%">

          <tr valign="top" bgcolor="#ffffff">
            <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td colspan="2">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>TACTICAL
                AIR DEFENSE SERVICES, INC. </strong></font></div>
            </td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Date:&#160;July
              14, 2006</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">/s/&#160;Derick
              Sinclair </font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td colspan="2"><font style="FONT-FAMILY: " size="1">&#160;</font></td>
            <td align="left">
              <hr style="COLOR: black" align="left" noshade size="2" width="80%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Derick
                Sinclair, President, C.E.O. </font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br>&#160;</div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INDEX
      TO EXHIBITS</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Exhibit
        No.</strong></font></div><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="justify" colspan="2" valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Description
                </strong></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="9%">&#160;</td>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="9%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.1</font></div>
            </td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Asset
                Purchase Agreement by an among Tactical Air Defense Services, Inc.,
                Resource Aviation Financial Holdings, Inc., Genesis Aviation Acquisition,
                Inc. and OneSource Aviation Acquisition, Inc., as purchasers, and
                AeroGroup Incorporated, Resource Financial Holding Acquisition, Inc.
                and
                OneSource Acquisition, Inc., as sellers, dated as of July 14, 2006.
                </font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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{"company-data": {"conformed-name": "TACTICAL AIR DEFENSE SERVICES, INC.", "cik": "0001077915", "assigned-sic": "1000", "irs-number": "880409369", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-79405", "film-number": "06962210"}, "business-address": {"street1": "1550 OSTLER CT", "city": "NORTH VANCOUVER", "state": "A1", "zip": "V7G 2P7", "phone": "604-990-2072"}, "mail-address": {"street1": "1550 OSTLER CT", "city": "NORTH VANCOUVER", "state": "A1", "zip": "V7G 2P7"}, "former-company": {"former-conformed-name": "NATALMA INDUSTRIES INC", "date-changed": "19990501"}}
UNITED
      STATES
SECURITIES
      AND EXCHANGE COMMISSION
Washington,
      D.C. 20549
Form
      8-K
CURRENT
      REPORT
Pursuant
      to Section 13 OR 15(d) of the Securities Exchange Act of
      1934
Date
                of Report (Date of earliest reported) July 14, 2006
TACTICAL
                AIR DEFENSE SERVICES, INC.
(Exact
                name of registrant as specified in its
                charter)
Nevada
333-79405
88-0455809
(State
                or other jurisdiction of incorporation)
(Commission
                File Number)
(IRS
                Employer Identification No.)
1550
                Ostler Court, Vancouver, British
                Columbia, Canada V7G-2P1
Telephone
                No.: (604) 924-8000
(Address
                and telephone number of Registrant's principal
executive
                offices and principal place of business)
(Former
                address, if changed since last
                report.)
Check
      the
      appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions (see General Instruction A.2. below):
ྎ
Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)
ྎ
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)
ྎ
      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
      Act
      (17 CFR 240.14d-2(b))
ྎ
      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
      Act
      (17 CFR 240.13e-4(c))
Item
      1.01 Entry into a Material Definitive Agreement.
On
      July
      14, 2006, Tactical Air Defense Services, Inc., a Nevada corporation ("TADS") and
      three of its recently formed wholly owned subsidiaries, Resource Financial
      Aviation Holdings Inc., OneSource Aviation Acquisition Inc. and Genesis Aviation
      Acquisition Inc., each a Nevada corporation (the "TADS Subsidiaries" and,
      collectively with TADS, the "Company") entered into a definitive Asset Purchase
      Agreement (the "Agreement") with AeroGroup Incorporated, a Utah corporation and
      its three wholly owned subsidiaries, OneSource Acquisition, Inc., Genesis
      Acquisition, Inc., and Resource Financial Holding Acquisition, Inc., each a
      Delaware corporation (the "AeroGroup Subsidiaries" and, collectively with
      AeroGroup Incorporated, "AeroGroup"), pursuant to which the Company will acquire
      substantially all of the assets of AeroGroup (the "AeroGroup Assets") and in
      exchange therefore, will issue stock and assumed certain indebtedness and other
      obligations under various warrants and other contracts of AeroGroup (the
"AeroGroup Acquisition"). The closing of the AeroGroup Acquisition is
      contemplated to take place in early August of 2006 and is conditioned upon,
      among other things, various government permits being secured by the Company
      and
      completion of consolidated audited financial statements by the Company's
      auditors relating to the transaction, as more fully set forth below.
Assets
      Acquired
The
      AeroGroup Assets to be acquired by the Company include:
·
Two
                MiG 29 "Fulcrum" fighter aircraft, which were recently appraised at
                $2,800,000 each (pre-modification);
·
Four
                Singer Link tactical jet simulators, and related equipment, recently
                appraised at $285,000 each (pre-modification);
·
Assignments
                of copyrights to a specialized F-16 Fighter Aircraft training course
                syllabus, specially created by AeroGroup in training pilots to use
                this
                aircraft's Flight Control Navigation Panel;
·
Assignments
                of Provisional applications for "utility" patents
filed
                relating to methods of operational training uses of fighter aircraft
                by
                civilian corporations of these type of military aircraft for training
                of
                military personnel, specifically F-16, Pat. Pend. 60805870; Kfir,
                Pat.
                Pend. 60805885; A-4 Skyhawk, Pat Pend. 60805877; and MiG 29, Pat
                Pend.
                60805888;
·
Rights
                as assignee under various contracts and sub contracts to provide
                combat,
                primary and other flight training as well as training research, in
                the
                F-16 and various other types of aircraft to military personnel of
                the US
                Armed Forces and to the armed forces of certain NATO aligned companies
                (the "Training Contracts"); and
·
Assignment
                of leases relating to hangers and facilities currently occupied by
                AeroGroup at the Grayson County Airport in Grayson, Texas.
It
      is
      intended that the AeroGroup Assets will be used by the Company in connection
      with training military pilots in both "basic flight training" and for "combat
      flight training". The Company will focus on use of the MiG's and other training
      assets to provide U.S. and NATO military pilots with a "real life" opportunity
      to train against threat-type aircraft, the performance and flight
      characteristics of which are superior in some respects to those of U.S. and
      NATO
      fighter aircraft.
In
      addition to the training contracts to be acquired, the Company intends on
      negotiating and developing additional contracts to provide flight training,
      combat and readiness training and general civilian flight support for U.S.
      military aircraft in the United States (such as fuel, maintenance and ground
      support).
Consideration
      Paid For AeroGroup Assets
The
      Company will pay AeroGroup 14,989,800 restricted shares of the Company's common
      stock at the closing in exchange for the AeroGroup Assets, resulting in the
      ownership by AeroGroup of greater then a majority of our voting stock.
      Additionally, AeroGroup's obligations under outstanding convertible notes and
      warrants will be assumed by the Company and, upon conversion or exercise, will
      entitle the holders thereof to receive 1 share of TADS Common Stock (the "Common
      Stock") for each 50 shares of AeroGroup to which the holder thereof is entitled,
      with a corresponding increase to the conversion and exercise price (with minor
      exception for shares underlying certain contracts and notes).
In
      all,
      the Company will be assuming approximately $8.5
million
      amount of convertible indebtedness (inclusive of interest) which will be
      convertible into approximately 36,506,113 shares of the Company's Common Stock
      as of the date hereof and Warrants to acquire 21,566,805 shares of the Company's
      Common Stock. The assumed indebtedness includes the assumption of AeroGroup's
      obligations under a $1.1 million Secured Convertible Promissory Note issued
      to
      Mark T. Daniels, a principal and controlling shareholder of AeroGroup, which
      is
      secured by senior lien on all of the AeroGroup Assets being acquired.
This
      note
      to Mr. Daniels will, after the closing of the AeroGroup Acquisition, be secured
      by a senior lien on the Company's assets.
The issuance of the shares in
      accordance with the AeroGroup Acquisition will, thereby, result in Mr. Daniels
      indirectly owning a majority of our outstanding shares.
Conditions
      to Closing of AeroGroup Acquisition
The
      closing of the AeroGroup Acquisition is dependent on certain conditions,
      including, without limitation:
The
      Company securing government licenses and permits with the ATF, the CCR and
      ITAR
      license
that
      will
      enable it to own and operate fully functioning military aircraft, to perform
      and
      become assignees under the Training Contracts and to enter into similar
      government contracts in the future utilizing such assets for training of
      military personnel (collectively, the "Government Licenses"). AeroGroup
      currently has these licenses and permits, however, the Government Licenses
      can
      only be obtained if certain qualified personnel are active board members and
      executive officers of the Company. Therefore, certain board members and
      executives will be appointed as board members and officers of the Company on
      an
      interim basis pending receipt of the Government Licenses. (See "Appointment of
      Interim Director and Officers" below).
Additionally,
      the AeroGroup Acquisition will not close until completion of the auditors report
      with respect to the consolidated financial statements of the Company and
      AeroGroup.
If
      the
      above two conditions are not fulfilled within 75 days of the date of the
      Agreement, the AeroGroup Acquisition may be terminated at the will of either
      party. This time period may be extended by consent of the parties.
Appointment
      of Interim Directors
In
      order
      to secure the Government Licenses required to be obtained as a condition to
      closing, Derick Sinclair, the Company's existing sole board member, shall, upon
      satisfaction of certain disclosure requirements that are required to be made
      pursuant to rules of the Securities and Exchange Act of 1934, as amended,
      appoint Mark T. Daniels, the President and Chief Executive Officer of AeroGroup,
      to the Company's Board of Directors and as Secretary and Treasurer.
      Additionally, the TADS board of directors intends to appoint Lt. General Charles
      Searock as President and Jeffrey Peer as Vice President. Simultaneously, Mr.
      Sinclair shall resign from the Board. In the event that both of the above
      referenced conditions are not satisfied within seventy-five (75) days after
      the
      Agreement (unless extended by the parties), said appointees will resign and
      re-elect Mr. Sinclair as Director, and the transaction may be terminated by
      the
      parties without recourse.
Item
      9.01 Financial Statements and Exhibits.
(a)
      Financial statements of businesses acquired.
No
      financial statements are filed herewith.
(b)
      Pro
      forma financial information.
No
      pro
      forma financial statements are filed herewith.
(c)
      Shell
      company transactions.
The
      registrant does not believe financial statements and pro forma financial
      information is required by Rule 3-05(a) of Regulation S-X. Said financial
      statements and financial information will be filed upon closing of the AeroGroup
      Acquisition.
(d)
      Exhibits.
The
      Exhibits to this report are listed in the Index to Exhibits which immediately
      follows the signature page hereto.
SIGNATURES
Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned hereunto
      duly authorized.
TACTICAL
                AIR DEFENSE SERVICES, INC.
Date: July
              14, 2006
By:
/s/ Derick
              Sinclair
Derick
                Sinclair, President, C.E.O.
INDEX
      TO EXHIBITS
Exhibit
        No.
Description
10.1
Asset
                Purchase Agreement by an among Tactical Air Defense Services, Inc.,
                Resource Aviation Financial Holdings, Inc., Genesis Aviation Acquisition,
                Inc. and OneSource Aviation Acquisition, Inc., as purchasers, and
                AeroGroup Incorporated, Resource Financial Holding Acquisition, Inc.
                and
                OneSource Acquisition, Inc., as sellers, dated as of July 14, 2006.