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4kids
So let me get this straight, you just posted moments ago that you feel there is...
"there is also the
very real *fact* of corporate
espionage"
So now Aero is a supposedly a victim according to you from....
1. Corporate Espionage.....
2. Phantom/AIR Shares.....
3. MM Manipulation.....
4. And of Course Shorts....
Are the above reasons you have stated the Reason for the downfall of AERO? Is this what you would like everyone to believe that little ole Aero and the Javelin gang are victims of FAKE shares being traded......corporate espionage etc.????
Have you contacted the Proper Authorities on this? Make sure spell Peaock and Beyers Name correctly when providing the information to the authorities..I am sure they will want to get their side of the story as well..........I cant beleive you post such things considering the track record of Javelin and the gang and the FACT the company is still using a gagged transfer agent.......is it NASCAR that has set out to ruin little ole AERO? How Dare NASCAR and others require that Aero actually pay them!!! LOL!!!!!!!!!
hbbus
"...Ahhhh...Once again, talk of paint jobs with AERP pops up, yet when there are paint jobs to lower....Hmmmmmm."
What was the VWAP today? VWAP = $0.00046
Someone is very DESPERATE to keep painting the tape at the end of each trading session which amounts to about $3.00 worth of stock! That is so PATHETIC.....happened on Friday and now again today......we have seen this over and over as some try to PROP this thing up when the days trading activity was Negative and in a downward trend on selling and most likely more Dilution from the company dumping shares.
At 15:59 you see a Buy of 6,000 shares at .0006 which equals $3.60!
At 15:43 the trade just before the PAINT JOB of 6,000 shares you see DUMP of 2,000,000 shares at .0004!!!
Gee the DUMP of 2 Million shares was 1/3 of shares traded today! Looks like no one is real excited about the "marriage"...
So its Not "TALK OF PAINT JOBS" its REALITY that someone is painting the tape with pathetic little buys in attempt to make the day look better than it actually was.......If the jones acquisition was a good thing the buying pressure and PPS would be through the roof here......instead you have a sinking PPS, Pathetic Volume and still NO information on the IB? Still have a gagged TA? Still have a UCC with Richards? Still have a pending Lawsuit with NASCAR! Still have other Lawsuits pending? and last but not least......you still have a PPS that about a year or so ago was in the .03 Range now you have efforts at the end of each trading session struggling to keep it at .0006? Nuf said.
4kids...............
"...aerp now # 17 of the top 50
requested tickers ..
also on the stockscores site
signal is now 57 vs 51 yesterday
and sentiment is now 50 vs 49 yesterday
and still *bullish*
http://www.ddmachine.com/
i'll keep you posted if aerp breaks the top 10"
Interesting that you have excluded the following??
Nasdaq Considers any score over 700 to be EXTREMELY RISKY......AERP.OB with a score of over 1600 is DOUBLE THAT AMOUNT!!
According to NASDAQ ONLY 15% of the tickers in US Markets are riskier than AERP.OB!!!! That is NOT a GOOD SCORE CARD!!!!!!
Per NASDAQ 85% of ALL stocks Traded in U.S. markets are LESS RISKIER than AERP.OB!!!!!!
So Far NASDAQ has been spot on with their assessment of AERP as the PPS has done nothing but tank, Lawsuits from Nascar and others, Huge Debt, and no sales of Significance ever reported by the company.....couple that with a Gagged Transfer Agent and Massive Dilution since day 1 and Nasdaq's scorecard for AERP.OB is well deserved and EXTREMELY ACCURATE at this juncture.
http://www.nasdaq.com/services/riskMetrics.stm
An injunction is an equitable remedy in the form of a court order, whereby a party is required to do, or to refrain from doing, certain acts. The party that fails to adhere to the injunction faces civil or criminal penalties and may have to pay damages or accept sanctions for failing to follow the court's order. In some cases, breaches of injunctions are considered serious criminal offences that merit arrest and possible prison sentences.
Rationale behind injunctions
This injunctive power to restore the status quo ante; that is, to make whole again someone whose rights have been violated, is essential to the concept of fairness (equity). For example, money damages would be of scant benefit to a land owner who wished simply to prevent someone from repeatedly trespassing on his land.
"...Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media."
http://www.aeroperformanceproducts.com/
NASCAR LAWSUIT INFORMATION
Click on the link.
http://www.clerk.org/cm/publicrecords/publicrecords.jsp
Then click Accept and then enter the following case Number
2009 30033
and you will see the DISTRICT Lawsuit filed against Aero, Summons Served on Jan 15th, 2009!
This is From the Docket.....
01/26/2009 4.000 NOTICE OF FILING Comments:
orig.return of service as to TTR HP Inc/dba Aero Exhaust
01/06/2009 3.000 TWENTY DAY SUMMONS ISSUED Comments:
To TTR HP,INC., A NEVADA CORPORATION REGISTERED AS FOREIGN-PROFIT CORPORATION IN UTAH DBA AERO EXHAUST fwd to pltfs atty by mail for sop,cc: pltfs atty by mail
01/05/2009 2.000 COMPLAINT injunctive relief
SCORE? Its the Bottom of the 9th, 2 outs, 2 Strikes and the bases are empty.......Shareholders would need a % increase of monumental proportions to get the score back to even....Game has been over before it began.......its a fixed Game.
Thanks for the link.......
Aero Performance Products Inc ( AERP) Short Interest
No Short Interest
AERP
Aero Performance Products IncOTCBB
Here is something else that is Key to the SCORE here.....for those that do no know what a FORM 4 is......and since AERO claims to be fully reporting then where are the INSIDER BUYS?
Has anyone ever seen ONE SINGLE FORM 4 recently on this company?
The last Form 4 on record for this company was back in Sep of 2007 by Rober McCoy when this was Franchise Capital Corp. or FCCN for those that remember.....since then ZIPPO!!!!!!!! NOTHING!!! NOTTA!!!!!!!!!!!!!
"In today's market, why struggle every day with overwhelming information when seeking an investment decision? A simple winning strategy to maximize profitability is to follow insiders - people who manage the company and understand its operation better than anyone else. A timely and properly compiled model of insider activities can be the most accurate reflection of the prospect for the company, the industry, and the market in general."
Where is the Confidence of the Insiders? If they wont put up their own money and risk it, how can they expect anyone else too? I guess they knew exactly where this was headed over the last year......
http://en.wikipedia.org/wiki/SEC_Form_4
"Form 4 is a United States SEC filing that relates to insider trading. Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the Securities Exchange Act of 1934 must file with the United States Securities and Exchange Commission a statement of ownership regarding such security. The initial filing is on Form 3 and changes are reported on Form 4. The Annual Statement of beneficial ownership of securities is on Form 5. The forms contain information on the reporting person's relationship to the company and on purchases and sales of such equity securities.
Form 4 is stored in SEC's EDGAR database. EDGAR is Electronic Data Gathering, Analysis and Retrieval System. It is a registered trademark of the SEC.
A Form 4 must be filed before the end of the second business day following a change in ownership of securities or derivative securities (including the exercise or grant of stock options) for individuals subject to Section 16 of the Securities Exchange Act of 1934."
Posted by: fourkids_9pets Date: Sunday, February 01, 2009 11:03:45 AM
In reply to: GoldenStar who wrote msg# 148004 Post # of 148005
"...just another metric to utilize ~ if one wishes"
Thanks for sharing but the first Metric tool Nasdaq that you presented a while back seems to be the more accurate in ascertaining Risk Associated with AERO or AERP......it has been spot on accurate in letting folks know that the RISK is EXTREME based on the scores given by NASDAQ on this issue, and I agree with that assesmant, then and now as the PPS has Tanked, Lawsuits have been piling up with the addition of the NASCAR Lawsuit now looming large, and still no sales of significance to any dealer or distributor ever reported by the company iniits 9 year existence, those other metrics you just presented may be reacting to the $3.00 paint job at the end of the day on friday. THE VWAP or Volume Wieghted average Price for all trades on Friday was .0004!! the PPS tanked for the week once again and the current PPS due to the paint job is not reflective of the days or weeks activities..........
I anticipate a lower PPS going into next week with the ole Reverse split looming large, its time for them to pull out that card and create a buzz to generate some more revenue.........the PPS will then retrace and the Dilution will be rampant once again........show me one single Beyer/Peacock/Javelin associated stock that has not performed exactly as I have stated above..........just one? They dont exist...........Good Luck.
4kids
"...all i ask
is that we have info forwarded to the sor on a
regular basis .. and *actions* that can be tracked
i like how 2008 *shaped* up .. and so far i'm quite
happy with how 2009 is starting off"
What? How could anyone be happy with 2008 or 2009 where Aero is concerned?
If you only want information forwarded to SOR's then AERO is lacking in that arena BIG TIME!
Are you Happy that Aero still uses a GAGGED transfer Agent and hides the current share structure from you? I saw many a post on this board where folks were saying "THERE IS NO DILUTION" only to find out in each filing that YUP...SURE WAS A LOT OF DILUTION!! So it appears Aero fails your criteria on this subject.
Fully reporting? We saw that presented over and over by the company......and now we sit looking at a UCC filed in UTAH which shows David K. Ricards has first charge on ALL of AERO's CURRENT and FUTURE Assets?
Nascar Partnership VANISHED to start off 2009 and yet the company still to this day presents the Nascar Relationship as ongoing one of its websites? Even when there is Nascar Lawsuit filed in District court apparently because Aero did not pay them? can you please show me one PR or 8K where Aero communicated these Material Events to the "sor's"?
Not only has Aero not communicated in a responsible manner, it appears they have gone out of their way to hide certain information from shareholders and the investing public.
Those actions could come back to haunt them, this is pure and simple a peacock pump and dump, Fluff Andre Beyer PR's, a whole lot of Dilution since Day 1, a Tanking PPS like all other Javelin/peacock/Beyer stocks and my guess is the "substantial" reverse split as seen on other issues associated with Javelin and the gang is not far off, question is how big will it be? will it eclipse the last whopper javelin and the gang put forth 1-2000?
So if a person owns 2 Million shares here and the company executes a 1-2000 reverse split, how many shares does that leave you with?
One thing to note as well, and since some here are very familiar with Javelin/Beyer/Peacock stock plays then you have to ask yourself this one question.........what has happened to the PPS after a Reverse Stock Slit where Javelin/Peacock/Beyer are involved on ANY LEVEL?
Would you like the Answer?.....ALL HAVE TANKED........EACH AND EVERY SINGLE TIME.......never once has the reverse split resulted in long term shareholder value EVER!
So do you think AERP will be different? is a struggling muffler company or companies "married" going to reverse that long standing Peacock/beyer/javelin trend? or will it be business as usual filled with more fluff PR's, more dilution and a PPS that tanks in short order all over again?
Common sense applies.
At what level do you care about the PPS? you have stated you "don't care about the pps at this level" at what level do you start caring? when they reverse split the stock......and they will.......and the PPS is at .02 or higher due to the reverse split do you then start caring? or do you not care if it tanks back down to .0005 range again?
osted by: fourkids_9pets Date: Sunday, February 01, 2009 9:17:18 AM
In reply to: GoldenStar who wrote msg# 148001 Post # of 148002 [Send a link via email]
well i'm quite happy with 2008
i see many *accomplishments* where
aero is concerned ~
---To bad those accomplishments have had ZERO impact on shareholder value here, in fact the results of those accomplishments have had a negative impact on shareholder value.....but what the heck....at least they are listed on the OTC in like 3 months right? LOL!
Yet.........................................
Sometimes folks think the Lights will stay on forever, think the phone lines will stay connected and think product will continue to be shipped, and then justice is served and the lights go out, the phone gets shut off and product ends up in the hands of those with a UCC filing.........
If one is focused on the now not being negative but recognizes there is negatives in play then one must acknowledge there must and will be an outcome..........and you only have to ask yourself one thing.........what is the track record of the players involved? what have they ever produced in any company they have been associated with?
Have they hidden "bits" from the shareholders? UCC FILING? SHARE STRUCTURE? NASCAR RELATIONSHIP/LAWSUIT? OTHER LAWSUITS? Javelins ONGOING Relationship? Sales? the list goes on.
Anyone know how many TOUT sites have been employed recently? How many shares are being given away if they are employing tout sites again? It is the Javelin way you know.....the first clue is new faces.......seen any?
Nuf Said.
"It does work!!
I've got a 3030xl on my Hemi and picked up 10%-12% plus 10-12hp! Along with my K/N cold air induction filter another 10%-12% and 10-12 hp!
Average gain between 20%-25% for both venues!
I have an overhead digital readout---new numbers do'nt lie!!!"
The company stated long ago that it would provide tests of its product showing the performance for Fuel Mileage etc.....the company has never ever produced those tests, and those stating it "does work" and claiming X mileage, horsepower etc..is pure speculation, to many factors contribute to the performance of vehicle, Temperature, Oil, Pressure in your tires and yes Driving habits........the testimonials of SHAREHOLDERS here is anything but scientific....nor is it reliable information as to the performance of Aero's Products.........Kevin McCleland an INDUSTRY EXPERT stated that aftermarket performance exhaust systems more often than not provide little to NO GAIN IN HORSEPOWER OR FUEL MILEAGE........and I will take the testimonial of an industry expert over the testimonials of shareholders every day of the week.
Where are those tests by the way? Why has Aero never produced them? that speaks volumes about what the product actually does.....as Kevin stated.......newer vehicles do not need less back pressure like older vehicles.......so Aero's market continues to shrink as older vehicles are phased out of the market place over time........its no wonder companies like Aero and Jones went looking for other sources of income {SELLING SHARES IN STOCK}........they know what the future holds for their niche product........decreased sales going forward.
4kids
"...don't you find it fascinating xan
that all the known buys show as sells"
So NO one sold today? I find that EXTREMELY hard to believe considering the KNOWN FACT that the company has been diluting the stock since it went public over a year ago........
Furthermore the VWAP or Volume Weighted Average Price for ALL trades today resided at .0004! So if you statement was correct and ALL trades were buys then that is even scarier for SOR's because that would mean that the MM's let shares go at .0004? A pure indication the PPS is going lower! But of course we all know that there were many------many sells today most likely coupled with significant dilution from the company......again.
Probably a majority of the activity was dilution today.
The Talk of MM activity on this board is a little ridiculous at this juncture, the trading patterns on this stock are no different than any other penny stock......time for folks to stop the witch hunt on MM's and start looking at the performance and track record of Management......Beyer/Peacock/javelin's patterns are clear for all to see on many issues and AERP is true to form in that respect.......
Loanstew
"I have a few questions though.
Did the MMs lose 2 million dollars from January to September for Aero?
Did the MMs cause revenues to fall from the level in Jan-Mar (248K) to Apr-Jun (243K) to Jul-Sep (207K)?
Did the MMs cause Richards to file a UCC holding all assets hostage?
Do the MMs make Aero default on all of their loans/notes?
Did the MMs cause NASCAR to sue Aero?
Did the MMs cause Doolittle to sue Aero?
Did the MMs cause ANYTHING that is actually related to the company's poor financials? To their poor actions?
Make no mistake...AERO has caused AERO's current situation.
And it is not good."
Great Points loanstew and I would like to add that the MM's did not GAG the Transfer Agent.....Management did...........the losses in PPS,Revenue etc is squarely on the backs of management.....always has been.
4kids
"...i don't care about the pps
at this level"
Each to his or her own when investing, Most folks do care about the PPS at EVERY level, its why people invest, and the PPS has been sinking for over a year and it is due to the actions and performance of Management, anything else is pure speculation and conspiracy theories that have never held any water.
Highlights for Aero in 2008 and 2009.
1. Dilution RAMPANT! Who did it? Management!
2. PPS tanked! Cause?--DILUTION! Who did it?--MANAGEMENT!
3. CFO Resigned under charges of STOCK FRAUD! on another issue!
4. CEO Arrested in UTAH on Weapons charges RECENTLY!
5. Javelin "agreement" PR'd as Terminated....Javelin associates/Employees still working for Aero....Andrew Beyer and Trisha Bollman......I suspect and fully believe Peacock is still running the show....the stock has performed like all other javelin stock plays.
6. NASCAR SUING AERO! Who is to blame?---MANAGEMENT!!
7. David K. Richards loaned Aero money and has first charge on all of AERO's Assets per a UTAH UCC filing, that Material event was never filed in an 8K! Who is to blame?---Management!
8. No significant Sales ever reported to any Distributor or Dealer EVER in the companies 9 year existence? Who is to blame?--Management!
9. Other Lawsuits currently in progress for unpaid debt! Who is to blame?--MANAGEMENT!
10. GAGGED TRANSFER AGENT hiding the current share structure from the investing public or more to the point HIDING the ongoing DILUTION! Who is to blame?---MANAGEMENT! on a side note...transfer online that GAGGED TA seems to be the only Transfer Agent Javelin/Peacock/Beyer use on stocks they are associated with?--JAVELIN has NOT left the building.
11. Loss of NASCAR Partnership not filed in an 8K?--who is to blame?---Management!
12. Nascar Partnership loss apparently disclosed to some over the phone via IR but not publicly announced still to this day?--Material events disclosed to a select few is nothing short of insider trading and gave some an unfair trading advantage....who is to blame?-----MANAGEMENT!!!
13. Last but not least, Aero still advertising the Nascar Partership on one of its websites, this is false and misleading information to the investing public. Who is to blame--Management!
Its not a mystery that the PPS has tanked on this stock, has nothing to do with MM's or any other conspiracy theories some may present here..........has every thing to do with the intentions and actions of management, anyone who has done an ounce of DD on the players involved knew exactly where this was headed long ago........and know where it is headed in the future........the track record and History of Javelin/peacock/beyer is out there for all to see.......those who choose to view it will understand where this stock is headed short and long term.
The same thing was said prior to the Aero Acquisition, and then again when they were supposedly buying Dr.Gas, and then when they were listing on the otc.bb and the list goes on......in each instance the PPS has tanked, Dilution has been rampant, lawsuits piling up with now Nascar Suing Aero, and the losses mounting in each filing since..........
Not one Beyer/Peacock/Javelin stock has EVER returned shareholder value long term, pure pump and dump dilution filled stocks........Aero has proven to be no different than all other javelin stock pumps.......good luck.
AERP RISK ASSESMENT/Nascar Lawsuit
According to Nasdaq any Score over 700 is considered EXTREMELY RISKY........AERP.OB scores over DOUBLE that amount!
http://www.nasdaq.com/services/riskMetrics.stm
NASCAR LAWSUIT INFORMATION
Click on the link.
http://www.clerk.org/cm/publicrecords/publicrecords.jsp
Then click Accept and then enter the following case Number
2009 30033
and you will see the DISTRICT Lawsuit filed against Aero, Summons Served on Jan 15th, 2009!
So with that said do you not find it disturbing that Aero continues to promote its non existent nasacar relationship on its website? Especially considering Nascar is suing Aero?
I believe this is a matter for SEC review as Aero is apparently knowingly promoting its stock on that website using the Nascar name when no Nascar partership exists anymore, even after they updated that website at least 4 times with recent PR's.........very concerning in my opinion.
4kids
You just stated....
"...amusing ~ the implication being
that i'm told *bits* ~ the irony is anything but"
Are you implying that IR did not tell you that the Nascar Contract was not going to be renewed for 2009 now?
I just performed a little "channel Check" and just a few days ago you stated the following
Posted by: fourkids_9pets Date: Saturday, January 24, 2009 7:30:18 PM
In reply to: LoanStew who wrote msg# 147384 Post # of 147721 [Send a link via email]
ok ..
but we knew that based on a few things
first .. we had the clues in these 2 back
to back pr's .. one is from 12/29/08
and the next is from 1/6/09 ~ notice
the change in the wording
http://finance.yahoo.com/news/Aero-Performance-Products-Inc-bw-13926021.html
http://finance.yahoo.com/news/Aero-Performance-Products-Inc-bw-13976508.html
due to that change .. i called aero's
current ir and asked what it meant
and was told quite simply that aero
had chosen not to renew their contract
with nascar re: performance partners
it ran 3 years from 06 thru eoy 08
---
as i posted to you previously ..
based on what aero's ir said ..
aero will still be doing some
events .. sponsorships and other bits
and of course ~ down the road aero can
revisit ~ that contract
btw ..based on very little dd .. seems
lots of folks are *rethinking* nascar
this year ~ perhaps due to the economy
bottom line ~
it's management's call ~ only they know
if the money spent was worth the return
over those 3 years ~ at this point .. purely
speculating ~ it would appear not ~
---
4kids
all jmo
SO now the question still remains...why is Aero still promoting the Nascar relationship on its website? even after they acknowledged to you on the phone that they opted not to renew the 2009 relationship? All Nascar information removed from its pr's after jan 6th but their website even after being updated 4 times with PR's still has the Nascar Information? Very disturbing to say the least.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35174477
4kids
You stated that IR told you back around the Jan 6th Time frame that Aero had opted NOT to renew its contract with Nascar for the 2009 Season, I don't believe it was an option for Aero to renew due to Aero not paying the bills with Nascar, but in any event according to you and apparently IR they have acknowledged there is NO NASCAR PARTNERSHIP any longer and any reference to Nascar has been removed from Aero's PR's since Jan 6th.
With that said then why does Aero Continue to Promote this Nascar relationship as if it still exists? This is FALSE Advertising and could be very misleading to investors.
Here is the link which is displayed in the IBOX, this is very irresponsible of Aero to be promoting the NASCAR name when apparently they do not have permission to do so, Mods could you update the IBOX perhaps with the Lawsuit from Nascar and maybe remove this link from the IBOX? I do not think Nascar will take to kindly to that being displayed in a public forum.
http://www.aeroperformanceproducts.com/index/
Aero Performance Products
Aero Performance Products, Inc., publicly trade under the symbol AERP, operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Aero's product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents and European patents are pending on its innovations and development in the exhaust industry. Its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers.
Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate website, www.aeroexhaust.com.
I believe the SEC should review this link and the contents on Aero's website Promoting the NASCAR relationship when apparently none exists, that is nothing short of attempted stock price manipulation in my opinion, they have added 4 PR's since Jan 6th to that website but left the Nascar information up? That is HUGE no-no and I think certain entities would agree, I will make a phone call but it wont be to IR on this matter.....Investors should not be mislead in this fashion.
While looking at the filings showing all the unpaid debt, the lawsuits piling up for you guessed it! UNPAID DEBT.....then I kinda doubt that Aero has the resources to take on a company like NASCAR in the court of law.
It is my understanding that since the Lawsuit was filed in District Court that the MINIMUM that NASCAR is suing for is 15K but is most likely substantially more, I kinda doubt Nascar would fuss with a 15K lawsuit---- is it 100K? 200K? Did Aero ever pay Nascar one dime? how long were they touting they were a Nascar Partner? 2 years or more? The relief sought by Nascar could be a staggering figure!
Aero touted Nascar on its website this whole time, touted Nascar relationship in its PR's for as far back as the eye can see mentioning that relationship at least twice in every PR, once at the beginning of the PR and once at the end, it is clear they valued this relationship and used the NASCAR name as often as they could to sell shares in stock and its products.
The stock sits near rock bottom prices with very little activity on the stock day after day, week after week and month after month, even if they tried to dilute a ton of shares to cover legal costs and whatever the judgements will be on these multiple lawsuits I dont think it will even come close to covering what is owed.
Aero's filing show the financial state of affairs and its not a pretty site.
Only 3 things left to check off the list for Aero.....
1. Bankruptcy
2. Reverse Split
3. SEC Halt/De listing of the stock followed by more legal issues for those involved.
knowles
"I can see how this "Friendly Debt" that AERO has is really getting to some here, sort of disparate like!"
Does the Nascar Lawsuit look like "freindly debt" to you? How many other lawsuits are in progress?......
Click on the link.
http://www.clerk.org/cm/publicrecords/publicrecords.jsp
Then click Accept and then enter the following case Number
2009 30033
and you will see the DISTRICT Lawsuit filed against Aero, Summons Served on Jan 15th, 2009!
Companies like NASCAR dont take to kindly to you selling your goods using the NASCAR brand name to do so and then not paying them for that usage......
Hardly "Friendly Debt"---Will probably prove to be very costly to the company and shareholders.
Exactly Ronning, you hit the nail on the head sir, looks like the pps languished again today......
Here is a tad bit of a reality check...
The 8K states they are going to acquire Jones Exhaust for 3 Million dollars of which 1 million roughly of that is Jones Debt.
Aero PR states that the combined revenues of the 2 companies would approach 10 Million dollars?
So let me get this straight, Aero lost about what 3 Million dollars last year?
So that would mean that jones is profitable at 13 Million Dollars yet they are selling there company for only 3 million dollars? Kinda hard to swallow that math no matter how ya look at it.......
Things are not as advertised folks......of course they never have been with Beyer/peacock and the javelin gang.
once again....it matters not.....and I doubt anyone is looking as it is not relevant to sales,revenues or shareholder value then or now........
time to focus on things that really matter to shareholders and a time frame of listing on the otc is not one of them, nor is the trading activity of certain MM's which is no different then any other stock and nor is the unverifiable short position which has been brought up over and over again.
Time to focus on what affects shareholder value...
Nascar Parternship OVER!!!!!!!................CHECK.
Sales......the company has never reported one significant Sale to any dealer or Distributor..........Check
Revenues........Pathetic after 9 Years in business........Check
Gagged Transfer Agent..................CHECK
Nascar Suing Aero....................CHECK
Other Lawsuits in the Work for unpaid Debt............CHECK
Javelin Associates/Employess still working for Aero......CHECK
CEO Arrested on Weapons Chargs Recently.............CHECK
Dilution has been RAMPANT.........................CHECK
Stock has Tanked from .03 to the .0007 range..........CHECK
These are the items that affect shareholder value......anything else is just fluff-n-stuff.......
4kids
why do you keep mentioning the listing on the otc in 3 months over and over again?
The stock Tanked after that listing so I fail to see the relevance to success and shareholder value? Who cares what exchange this is traded on or how fast they got there, it matters not to shareholders who invested at the .03 range or .02 range or .01 range as they all are staring at significant losses.
That 3 month time frame which is average by the way does not sell mufflers nor does a listing on the otcbb which is a glorified pink status which requires very little qualifiactions to get on is not a success, the proof is in the PPS.
The OTC listing in 3 months was not a victory nor was it a race and nor did anyone win anything.........the shareholders have lost since that listing........
derb
Correct....seems they have a selective memory when it comes to Dr.Gas acquisition that they touted in many PR's with the same language as we see today......what I find shocking is the statements made by Hunsaker in the PR's........
He stated Jones is "profitable" and that the combined compnies would have 10Million in revenue?
The 8K states the sale of jones would be for $3Million dollars in which 1.1 Million I believe is Jones Debt being acquired......so that does not look like a profitable company to me.......how many employees do they have 70?
Lets say each employee makes a modest 35k per year, that is almost 2.5 Million a year just in wages!
And furthermore why would a so called "profitable" company merge with a company that has HUGE debt, a company that I dont believe has ever exlipsed 1 Million in sales ever in a year, Multiple Lawsuits pending for unpaid debt and the list goes on.....
Things are not as advertised here.........never have been and the Proof is in the PPS and pathetic trading volume.
If this was a viable company going forward the pps would be through the roof, if real investors thought this "marriage" would be a "profitable" venture you would not see just 3k worth of trades like yesterday...........the market has spoken and the no confidence vote is still the majority....nothing to suggest that there is anything on the menu for aero other than more fluff,more lawsuits, a reverse split,bankruptcy and most likely an SEC halt followed by a delisting of the stock in 2009.
Only 5 Million shares traded today? Looks like the investing community is not impressed with the PR today.....trades equaled about $3,000.00 worth! Pathetic to say the least.....take a look at the BOLD items in this mornings PR and you can see why no one puts much weight into this "marriage". As Events unfold jones looks less and less attractive for a shareholder looking for some shareholder value........
Any Deal will look very similar to what happened with the Aero acquisition.....a whole lot of dilution driving the pps in the tank......again.
Press Release Source: Aero Performance Products, Inc.
Aero Performance Products, Inc. Announces Investment Banking Agreement for Jones Exhaust Products, Inc. Acquisition
Wednesday January 21, 8:58 am ET
BLUFFDALE, Utah--(BUSINESS WIRE)--Aero Performance Products, Inc. (OTCBB: AERP - News), which owns controlling interest in Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, today announced that the company has engaged an investment banking and mergers and acquisitions advisory firm to assist Aero Performance Products in the execution of its acquisition strategy. Aero is targeting the strategic acquisition of companies in the performance exhaust industry that have strong balance sheets and cash flows.
Aero Performance Products has engaged Austin based M&A advisory firm Commerce Consulting Group, which has its primary offices in the Texas market. It is expected that Aero Performance Products will finance its acquisitions through the issuance of senior and junior debt that will be serviced from the cash flows of the target company. Commerce Consulting Group has been retained to assist in this process and has been actively engaged in the due diligence process along the way.
Aero’s first anticipated acquisition was recently reported through a definitive agreement to acquire Jones Exhaust Systems, Inc., one of the most respected specialty exhaust manufacturers in the United States. Under terms of the agreement, Aero Performance Products will purchase all of the issued and outstanding shares of Jones Exhaust Systems including its manufacturing assets for a cash payment of $2,000,000 and the assumption of up to $1,100,000 in debt. The debt being assumed by Aero in the transaction includes lines of credit used by Jones Exhaust for operating capital.
“We are very pleased to be working with Commerce Consulting Group on our acquisition strategy,” commented Bryan Hunsaker, CEO of Aero Performance Exhaust. “Aero will consider acquisitions that are accretive to earnings per share and that can be structured in such a way that existing Aero shareholders do not incur significant dilution. We believe that the Jones Exhaust acquisition fulfills the shareholder valuation and debt service requirements we have outlined for the rollup strategy. We anticipate funding additional prospective acquisitions through a variety of financing instruments including debt issuance and seller earn out.”
To sign up to receive information by email directly from the company whenever new press releases, investor newsletters, SEC filings, and other written material is issued, please visit http://www.aeroperformanceproducts.com.
About Jones Exhaust Systems
Jones Exhaust Systems, founded in 1968, is one of the largest manufacturers of chrome exhaust tips and glasspack mufflers, and performance diesel systems in the U.S. The company offers many unique products available nowhere else in the industry, including the “Full Boar” V-Power performance muffler, which is the only muffler that utilizes flow deflector technology that is 100% reversible, the “Silver Vein” and “Black Vein” series of textured powder coated tips and its “Midnight Pearl” dark shaded chrome tips. Jones Exhaust Systems also offers an extensive line of polished 304 stainless steel exhaust tips. In 2001, Jones Exhaust Systems, Inc. acquired Road Industries, Inc., a leading manufacturer of truck accessories. Road Industries, Inc. is recognized as the premier supplier of bed rails to the accessory market. In addition to bed rails, the company also produces utility racks. Full Boar Performance was acquired in 2003 to enhance Jones Exhaust Systems’ position as a leader in both aftermarket exhaust and the performance exhaust industry. This acquisition doubled the facilities and the company now manufactures an expanded line of specialty and performance exhaust products in 45,000 square foot of facilities.
About Aero Performance Products, Inc.
Aero Performance Products, Inc. (www.aeroperformanceproducts.com) which owns controlling interest in Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Aero’s product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Racing legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust’s products, race team, and motorsports ventures can be found on its corporate website, www.aeroexhaust.com.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company’s report on Form 10-K for fiscal year 2007 filed with the Securities and Exchange Commission.
Contact:
Aero Performance Products, Inc.
A. Beyer, 951-677-8073
investors@aeroperformanceproducts.com
Hmmmmmmmmmm...... is Rusty Wallace still the spokesperson for Aero? The trading Volume today was nothing short of pathetic, this is probably the last you will ever here of this "consulting" group...........I thought Hunsaker stated in the Jan 6th PR that Jones was "profitable"? I do believe he did and I find it hard to believe that a company in this economy would sell to aero for what is stated above considering the drastically poor financial condition Aero is in, if you owned a "profitable" company and a company approached you with massive debt, Lawsuits like Aero has for not paying its bills and ZERO sales of significance would you "merge" with them? Common sense applies here folks.......things are not as advertised in the PR's........then again.....have they ever been? nuf said.
I anticipate one of the following events will transpire this week, I have my suspicions on which one but will keep that to myself.
1. BK Filing
2. Reverse Split
3. SEC Halt
I agree Loanstew and here are some more pressing concerns.
4kids stated that per IR Aero opted not to continue the Nascar Contract for 2009 which I don't believe but for the sake of argument lets say that is accurate, knowles the assistant moderator also stated that "everyone knew" that Nascar was out the door last 10K which was long ago.
With that said if you go to the following Aero Website what do you see? If IR told 4kids back around Jan 6th time frame that Aero opted not to continue the Nascar Relationship in 2009 and now with Nascar Suing Aero then why on earth is Aero still touting the Nascar relationship on its website? So not only did Aero not produce 8K on this material event, they have left reference to Nascar on its Website! That is EXTREMELY irresponsible!!!!!!!!!!!!!!
This could be extremely misleading to shareholders or potential shareholders, and my guess is that Nascar may not approve of what is displayed on this website.
"Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media."
http://www.aeroperformanceproducts.com/
To top that off just look on the right side of the webpage and it appears that Aero has updated that page at least 4 times since Jan 6th but left the Nascar information up? The Jan 6th PR is the first not to display any mention of the Nascar Partnership so why have they left that information up when they apparently are not a partner anymore?
I wonder if the Lawyer for Nascar is aware of this situation?
http://www.wohlsifer.com/contactus.html
are you insinuating Rusty Wallace is out the door like Nascar?
I would agree of course because I find it hard to believe that Rusty would keep his association with this company if he knew what has transpired so far, my guess is he has been long gone but then that raises the question, if he is gone when did he leave? and if he is gone then why does Aero still have his likeness on its website?
Has IR divulged anything about the Rusty Relationship recently? at all? I have not seen anything in a PR in reference to Rusty Wallace but if he is gone then the company should most definately remove any reference to him ASAP! as investors could be mislead into thinking this company is backed/supported etc..by a Nascar Hero........I am guessing he is not associated and has not been for a very long time, curious as to the time line if Rusty is no longer associated as the information is still publicly displayed on Aero's website.
"Rusty is a person that gives credibility to everything he represents, and Aero Performance Exhaust is proud to have him as our official spokesperson."
http://www.aeroexhaust.com/aero_performance_exhaust.html
could be more insider information not ready for public viewing? I find it kind of disturbing that apparently some were notified via "phone calls" that the Nascar Contract was not being renewed?
That is a HUGE Material event that should have been released in an 8K filing.
The fact that some have stated they "knew" about it already from IR and the FACT that Every PR prior to Jan 6th,2009 touts the Nascar Partnership more than once in the PR's no matter what the PR was about shows everyone just how Material this relationship was to AERO and for them to not report this and then only share it with a select few would give some an unfair trading advantage.
I am curious if IR has shared anything about Rusty Wallace the Supposed Spokesperson of Aero as currently stated on Aero's website? 4kids did IR tell you anything about Rusty Wallace? If they could not pay Nascar then how are they paying Rusty? is Rusty going to file a "nuissance" Lawsuit next?
The Nascar Wheels have come off AERP and the question remains...is RUSTY still the Driver of the stock with no wheels?
This is going to be a huge issue going forward in my opinion.
"btw regarding nuisance lawsuits
they are a fact of life in our country ~
and almost every company i'm invested in
has a *suit* against them ~ it's sop"
Aero's Pending lawsuits can hardly be considered "nuisance" or frivolous by any stretch of the imagination here......Aero has apparently 4 Lawsuits against it now and one of those Lawsuits being from NASCAR!!!!!!!!
Apparently Aero does not have the means or the intention of paying its bills thus the lawsuits, Who is going to do business with a company that cant or wont pay its bills?
Don't worry though, whatever the outcome of these "nuisance" lawsuits are then you can bet it will be payed for by the shareholders in the form of MORE DILUTION.
To characterize Aero's current legal issues as a "SOP" or Standard Operating Procedure is just denying the current state of Aero's financial situation.......this just shows how bad things really are and no fluff PR's about a merger with another no name struggling muffler company is going to hide these details from the investing public, things are getting mighty ugly here in 2009 for AERO but the trends and track record of Javelin/Peacock/Beyer are consistent in all their dealings/associations........I imagine the game is about up.
This is Reality
Aero's CEO arrested on Weapons Violations Charges
Aero continues to Dilute its stock
Aero's PPS Dropped from .03 range to .0005 range in just over a year on that dilution effort
CFO Resigned under charges of Stock Fraud on another issue
NO 8K filed on the Richards Loan and David K. Richards has first charge on ALL of AERO's ASSETS per a UCC in UTAH recently!
Javelin Not Terminated...only a PR stating the "agreemant" was terminated.....those are the FACTS! Read the PR.....again.
Trisha Bollman a Javelin Employee continues to be the filing Agent for Aero
Andrew Beyer the Javelin IR puppet who shares the EXACT same office and Phone number continues to put out the PR's for Aero.
NO SIGNIFICANT sales EVER reported to any Distributor or Dealer EVER in the companies 9 Year History?
Javelins Gagged Transfer Agent of Choice still in place...just more evidence that Peacock and Javelin are pulling the strings..
NASCAR Just Filed a LAWSUIT AGAINST AERO! THAT IS SO HUGE!
No MORE NASCAR! Nascar references yanked from Aero's website and not a peep from the company about this? why no 8K on this material event? Par for the course and they knew this information as early as Jan 6th! Just go look at the PR's prior to jan 6th, all reference Nascar partner more than once in EVERY PR......then POOF! GONE! and not a PEEP from Hunsaker to his sharehlders? OUCH!
How many lawsuits are pending now against Aero for not paying the bills?
Aero released a PR on Jan 6th stating they would provide details on the IB firm in "Several days"? Where is the beef? worth noting is that Aero has put out similar language about 'boutique" financing etc...and never produced any details, heck if they wont tell the investors about the David K. Richards loan then I highly doubt you will see the Details on anything here ever........they have a track record and have not deviated from the core mission and that is nothing more than Pump and DUMP as many shares as they can.
not rocket science here, never has been, the proof is in the PPS and YES the PPS does matter at this level and every level before today.......that is silly to suggest that such a drop in pps is not of concern to real investors.......nobody places the value of phone calls and "channel checks" over the value of their investment.......nobody cares what exchange the stock is traded on or how fast they got listed on that exchange and no one cares about conspiracy theories surrounding MM's etc that have never held any water, they care about Sales/Revenues the Share structure as it relates to dilution and YES they care about the PPS level.......BIG TIME!
I agree, and it explains why he is just an IR guy for Javelin Penny stock scams.......guess other folks may have done a tad bit of DD.......funny how some have stated a long time back how they have done "channel checks" on the folks "INVOLVED" with AERO?
Guess they may have missed a few things......again.
Volume back down and PPS sinking lower as the days go by.......who da thunk it?
Hey what ever happened to the "details" on the Investment baning firm that the company stated they were going to disclose in "SEVERAL DAYS"? They stated that on January 6th and it is now Jan 23rd!!
Whole lotta smoke n mirrors folks and par for the course for javelin/peacock/beyer!
"they can't seem to shake a core group of shareholders who will not be fooled"
"shake" that core group from what? their shares? I got news for you..if anyone has wanted or needed shares now or during the last year they did not need the "longs" to sell them one single share!! Why? because Aero management has had a ton of shares for sale at rock bottom prices.........its called dilution!!!
So to insinuate that shares are tightly held is a tad bit laughable at this juncture......Dilution has been rampant and the PPS has TANKED from .03 range in just over a years time frame because of that dilution effort from Peacock/javelin/Beyer etc..etc...
So no one needs any shares from the longs here, keep them or trade them nobody really cares as we all know what is available and what it is worth and what it will be worth in the coming months.....anyone who has done DD on Javelin/Peacock/Beyer stocks knows that this stock will be no different than all those other pump and dump plays.
The longs that have not been "shakin" since day 1 are staring at significant losses at this juncture...wont shock me to see .0002 tomorrow or monday because there is nothing of substance to sustain a higher pps here, I repeat...there is not one shred of evidence to support a higher PPS here, no sales of significance to any dealer or distributor ever..........and now Aero is being sued by NASCAR? OUCH!!!!!!!!!!!!!!!
"because they file <aero>"
Not completely accurate, it appears that Aero only "files" when it suits them...the following Items have yet to see an 8K filed from Aero
1. Nascar Sponsorship Loss
2. Loan from David K. Richards which ties up ALL of Aero's Assets.
3. Supposed Termination of Javelin Advisory Group Consulting Agreement.
Those 3 Items are Huge........those 3 Items are very significant and Material Events which any "FULLY REPORTING" company would have produced an 8K within 4 business days as required by SEC Rules.
Aero can in no way make the claim that they are or ever have been a fully reporting company, the missing 8K on the items above is proof of that.
Par for the course for Javelin/Peacock/Beyer companies though, they have repeated this process on many other companies, Aero is just one piece of their pump and dump puzzle and it is only a matter of time before certain entities catch up with the players involved and put a stop to what is transpiring.
Only 3 Items left to check off the list with Aero...
1. Bankruptcy
2. Reverse Split of the substantial Kind.
3. SEC involvement.
"maybe you should........
report them."
I am confident things are being reviewed.
on another note, it sure did not take long to sink back down to levels pre "jones marriage" now did it.......very telling about just how valuable that marriage is to shareholders.
Its laughable watching the Rinse and Repeat Operations of andrew and Javelin......sooner or later justice will be served and some here know exactly what that looks like.
2009 Highlights SO FAR!
1 NO MO NASCAR!
2 Lawsuit Filed from NASCAR!
3 CEO apparently Arrested for Weapons Violations!
4 Transfer Agent Still Gagged!
5 PPS has dropped -25% yesterday and -16% Today!
Cant wait to see what is PR'd next! LOL!!!
knowles
"a company on the Pink Sheets is required to enter an 8K on anything?"
Aero while being a Pink Sheet stock stated they were "FULLY Reporting" or a "fully reporting pink" I can find that language again in comments from management if you like, So you are correct they were not required to report those items, but they stated all along and it was touted here and elsewhere that they were "FULLY" reporting....apparently they lied...
Secondly they are no longer a Pink sheet company so this recent event is Material and REQUIRED by the SEC to report such an event in an 8K.....in my opinion they are in Violation of SEC rules by not reporting this material event.
Yesterday the PPS dropped -25% and today it dropped another -16%!! Does the jones "marriage" look like that is going to benefit shareholders long term?
Looks like the hype and pump is over and I have seen a few posts already that indicate Jones is in fact NOT a PROFITABLE company? The Jan 6th PR put out has Hunsaker stating that jones is "PROFITABLE"????
Looks like the Proof is in the PPS knowles, and that statement by Hunsaker could come back to haunt him.
Where is the 8K on Nascar? Appears Nascar is out the door with a lawsuit from Nascar to get aero to pay what is owed to them?
Seems Aero only provides 8K's when it suits them, no 8K on the Richards loan, NO 8K on the Javelin Contract termination that was PR'd and now NO 8K on Nascar?
Nice -25% Drop in PPS today!!.......guess folks were not that impressed with the "marriage".......
I imagine that the SEC is reviewing the trends.....
4kids
"again .. lawsuits happen daily in our
litigious society"
This is not just any ole lawsuit.......they are being sued by NASCAR! Hardly a daily occurrence for Nascar and should not be minimized here, this is just one of many Lawsuits piling up against Aero, and it almost seems like Lawsuits are happening daily against Aero with as many as they have now.
Looks like whatever Lawyer Aero has then he or she has their hands full at this juncture, cant wait to see how IR attempts to spin this into a negative......and I have a question for you 4kids, since Andrew Beyer produced 2 PR's since Jan 6th and had the Nascar Partnership information removed from those PR's then do you feel duped since Andrew never shared that Nascar was no longer a partner in 2009? Have you spoken to IR since Jan 5th? Something that big just slip Andrews mind?
Why NO 8K on that Item? Surely you must agree that it is a Material Event no? How could it not be since Aero put the Nascar Badge of Honor on every single PR in 2008 in multiple locations, had Nascar Proudly displayed on its website and in its packaging of its products so I am bit shocked that they did not produce an 8K on this material event.
One thing that is even a bit more disturbing is the "roll up strategy" PR on Dec 29th,2008--only days away from 2009 and there is Aero putting a super fluff PR with that Nascar Partnership front and center in the PR in multiple locations and they have had to have known by then that they would not be a Nascar Partner any longer, I am sure the Fact that they did not pay their bills was no shocker to them, they knew they were not going to be a Nascar Partner but milked that association up until the last minute in an attempt to sell more shares in AERP..........Pretty darn sad and Pathetic and then when they put out the Jan 6th PR with all information of Nascar removed..........NOT A PEEP!---NOT ONE MENTION OF IT FROM OLE ANDREW or the COMPANY?
Those Channel checks and calling IR etc...are pretty darn worthless.........Do you think the Jones Exhaust Badge will garner a bigger following than Nascar?
Going to be blood bath this week folks......plug in Jones maybe and unplug Nascar? and add a lawsuit in excess of 15K? OUCH!
I imagine whatever Lawyer Aero has is probably feeling pretty overwhelmed at this juncture, apparently 3 other lawsuits according to a post I saw Earlier and now a lawsuit from Nascar? I would imagine that Nascar retains some pretty professional/quality Lawyers and I doubt that any lawyer Aero has retained if any is capable of handling this many cases at once, the Nascar Lawsuit alone is probably going to consume some considerable time and lawyers dont work for free folks, who is going to pay for all these Lawyer fees? you guessed it...SHAREHOLDERS! Can you say DILUTION? Again? Of course if they file BK then they could get a court appointed attorney...something to keep an eye on as these cases go forward, if at anytime the company gets a court appointed attorney then that means they do not have the ability to pay for lawyer on their own, BK is not that far off folks...seriously.
One other Point is that if Aero is no longer an Authorized Nascar sponsor then they can not sell products with the Nascar Logo on them, I highly doubt that Nascar will authorize Aero to continue to sell its inventory with all the Nascar Logos on them which would mean they would have to pay to repackage them all and remove the Nascar name, this could get very ugly and I imagine a cease and decist order was placed on Aero thus the removal of the information from the PR's after Jan 5th and the changes to the Aero website, looks like they still have a lot of cleaning up to do with distributors/vendors/Ebay sellers displaying the Nascar name up to and including the IBOX on this board which has links to Nascar/Aero information and Pics of Nascar etc.....I would imagine that Nascar is probably taking notes.
KABOOM!!!!!!!!!!!!!!!
Nice DD from those who uncovered the Nascar Lawsuit against Aero today, appears that Lawsuit was filed on Jan 5th, 2009 and from what I have read the minimum that could be sought in that suit is 15K but only Aero and Nascar know how much is owed to Nascar that was not paid by Aero.
Very Interesting events unfolding, on Jan 6th,2009 1 Day after the Lawsuit was filed Aero Produced a PR about Jones Exhaust and missing from that PR was any information relating to the Nascar Partnership so it appears that Aero knew about not having a Nascar Relationship prior to Jan 6th, 2009.
All PR's throughout 2008 contained multiple statements referencing Aero's Nascar Partnership and now we have 2 PR's since Jan 6th with that language removed? but not a single mention of the Nascar Sponsorship being terminated?
How is this not a material event requiring an 8K? Aero has Displayed the Nascar Affiliation in all of its PR's from as far back as Jan of 2008, I could not find one single PR that did not mention this Relationship more than once no matter what the topic of the PR was and now with ZERO notice to shareholders the Nascar information simply vanishes from the last two PR's, Nascar Information vanishing from the company website? and NO 8K? How is this not a Material Event? Seems pretty significant and Material to me folks.
I would recommend the mods on this board clean up the ibox and remove any reference of Nascar, this is a public board and I dont imagine Nascar will take to kindly to folks attempting to sell shares of AERP.OB stock using the Nascar name when Aero may not be authorized to do so at this juncture, not to mention it appears that Aero owes Nascar a lot of money.
TO 4kids---this is not a "nuisance" lawsuit as you described it, this is a lawsuit filed by NASCAR and I highly doubt they just run around filing "nuisance" lawsuits against small muffler companies, apparently Aero did not fulfill contractual obligations and in order for a company as Big as Nascar to file a lawsuit then it is my guess that Aero owes them a good chunk of change? the Question is how much? This sheds a whole new light on the UCC Filed in UTAH eh? Aero Protecting assets from people they knew they were not going to pay like Nascar? Funny how they never filed an 8K on the David K. Richards loan either, makes ya wonder how much Richards loaned Aero and even more interesting is what did Aero spend the money on? apparently it was not the Bills as it appears there are now like 4 Lawsuits in the works? OUCH!
So in summary you have NO 8K on a material event....again.....and not even a mention of it in the PR on Jan 6th which was the first PR to have the Nascar Information vanish? So Aero knew there was no Nascar Relationship anymore and chose to hide that information from shareholders, not a peep from IR and not single mention of the lost sponsorship?
All I can say is those channel checks are pretty darn weak folks, the Nascar rug gets yanked out from under the longs and they never saw it coming, but hey they do have some conspiracy theories on short squeezes and MM manipulation!! LOL!!!!