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Read the SEC filings - you have to wait for the AERO financials to be audited...although that might not stop them from a teaser pr to say they are working on it...
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On January 12, 2007, Franchise Capital Corporation (the “Company”) executed a definitive agreement with TTR HP, Inc. d.b.a. Aero Exhaust, Inc. (“Aero”) which calls for a share exchange of common stock between the Company and Aero. Under the terms of the definitive agreement, the Company can exchange up to 95% of its total capital stock for up to 100% of the total capital stock of Aero. The specific share amounts will be determined at closing, which is anticipated to take place once the Company is current with its financial statement filings and Aero has completed an audit of its historical financial statements, presently anticipated for the second quarter of 2007.
In conjunction with executing the definitive agreement, the Company agreed to a revolving commercial loan to Aero in the amount of $1,500,000, of which $850,000 was drawn down on January 12, 2007. The loan bears interest at the prime rate and is due and payable in 18 months. Notwithstanding the payment terms, the loan and any accrued interest are convertible into Aero common stock at the time the share exchange closes.
some clown will obviously buy more!
Trying buying on the ask! sure you are...
I'm sure I will be deleted before long...not to worry!
Flush with cash? are you referring to the BORROWED money from that line of credit that was set up???
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On January 12, 2007, Franchise Capital Corporation (the “Company”) executed a definitive agreement with TTR HP, Inc. d.b.a. Aero Exhaust, Inc. (“Aero”) which calls for a share exchange of common stock between the Company and Aero. Under the terms of the definitive agreement, the Company can exchange up to 95% of its total capital stock for up to 100% of the total capital stock of Aero. The specific share amounts will be determined at closing, which is anticipated to take place once the Company is current with its financial statement filings and Aero has completed an audit of its historical financial statements, presently anticipated for the second quarter of 2007.
In conjunction with executing the definitive agreement, the Company agreed to a revolving commercial loan to Aero in the amount of $1,500,000, of which $850,000 was drawn down on January 12, 2007. The loan bears interest at the prime rate and is due and payable in 18 months. Notwithstanding the payment terms, the loan and any accrued interest are convertible into Aero common stock at the time the share exchange closes.
This is what I have on Romeo - Vatican connections??? You sound like Rufus with those exaggerations...
Posted by: cindyyoohoo
In reply to: and then who wrote msg# 82214
Date:9/25/2006 1:27:07 PM
Post #of 142462
What's to notice "and then" - ROMEO was a surviving member of Fronthaul - what's your point? Hopefully you are not trying to PUMP some misleading fact for your own financial gain. tsk tsk
Posted by: cindyyoohoo
In reply to: 53chevy who wrote msg# 113567
Date:10/26/2006 3:32:43 AM
Post #of 142462
Looks like ROMEO ROMEO finally showed up. I never could find out much about him. Looks like the Humanitarian Foundation Canady/Sakli connection. ROMEO Venditti handled that transaction.
Bonds under federal control, meaning that they are "reserved" and require government authorization to execute.
Posted by: cindyyoohoo
In reply to: OzarkDareDevil who wrote msg# 120240
Date:10/31/2006 2:44:10 PM
Post #of 142463
Yeah, I thought I heard that last night. someone from HSM said no that was ROMEO. But I just heard it again. when asked if he had connections with the Vatican ( why would anyone ask that without a prompt?) and he said yeah he had done things for the Vatican. a man approached him with a large volume of treasuries. He 'Walked" them in. ( Not sure what that meant) walked them where? Is that a term for entering them into a system or something? for trading? not quite sure.
Posted by: cindyyoohoo
In reply to: Dallas66 who wrote msg# 132906
Date:11/18/2006 12:15:25 AM
Post #of 142462
Rufus said on Subpenny that ROMEO Venditti was the guy that brought the bond to him. What do you know about that? I believe it is also in one of the SEC exhibits. Perhaps this is why ROMEO was the only one picked right off the bat to be rehired by Mike after he fired the lot of them.
Let's not get personal!
IMO - Rufus probably got screwed over with the bonds - the original bonds he had with conversions before the merger that were part of that Pacific Mortgage deal ( UCC notes from State of Washington) were bogus and invalid - Lee Webb went into a lot of detail about those specific notes - and I matched up the numbers that were listed on some old Waatle financials with the State of Washington bogus notes. Ben and Rufus were doing the bond thing with BBAN as well and a few of those were in question. Rufus learned about bonds on the internet - pretty easy to get scammed doing bonds that way. Rufus also mentioned to a shareholder at the Dallas Sahreholder meeting that when Sabra approached him about the Fhal deal he thought he might be getting scammed. Mike Alexander even called himself a sneaky SOB - I believe he did do some sneaky things - and certainly misled investors about that Ecowood deal. He did mention once that he didn't have the license for the logging yet and he also mentioned he wasn't very bright and liked to surround himself with people smarter than he is - and as he said those people were Ben, Rufus, and Sabra. His postings as Bodi on HSM were WRONG - he needs more than a slap on the wrist for that. I imagine the FBI raiding the FHAL office (rumor?) suggests there was plenty of other things going on.
I think Rufus believes what he has been saying and his intentions were what he said - they just were not going to happen. He will believe what he said all the way to jail if that's where he ends up. Rufus is pretty convincing and likable - the more I listened to him, the more I could understand how people would believe him.
That's just the tip of the iceberg as far as what I think.
There better be a replay over the weekend of that show!!!! sounds like something relooping over the weekend! thanks - I'll check it out.
Well, looks like my loss - I had all but given up on my boyfriend Simon after Rufus left the show...do you have a download of the show? or did Simon say something?
I want to hear it too. Spill it!
Ask me a question about CSHD - I'll see if I can answer it.
Congrats to Smallgain - he has learned how to actually "reply" to someone - although maybe it is best he doesn't!
Dang! I feel so proud to be part of that time in Festering Pool History!!! An unforgettable experience! thanks for the rememberance!
Wonder what happened to my Treehouse buddy Hititup?
I would imagine that it would almost be conditional to sue Rufus since Mike supposedly exercised his preferred shares based on the SEC fraud charges - in order to keep his money. Dang, sorry I missed all that action - and I was actually getting something accomplished in my everyday life! I believe that was the just the first round. With all the death threat talk before - I wonder how ugly this could get.
OK - now that is an interesting IMO! I haven't gotten a "read" on you yet. Maybe you can answer a few of my unanswered questions...
YOU talked to Romeo Venditti??? any chance you know anything about Zsolt SZEKELEY the owner/operator of Stargate Productions LTD in Budapest Hungary who used to be the CEO if the now defunct SEKO Productions???? He supposedly had some controlling interest over those venezuelan bonds according to a filing in the Georgia. Here's what I have:
"How did this guy Zsolt end up in two of the Subs?? With this sort of control over the Venezuelan bonds? How are these two companies related? did Mike alexander pick out the name for Stargate Productions since he is such an avid fan??
"Zsolt Szekely, Owner of Stargate Productions LTD, of Budapest Hungry (sic) has full and complete authority to handle all transactions with Citibank over the following .....Venezuelan Global Bonds ISIN: US922646AT10 Principal: 500 million USD Issuer: Banco Central de Venezuela Issued 31st of July 1998 and maturing 15th of August 2018 Coupon 13,625%"
"CVSU along with Seko Management Inc would like to announce the formation of a joint venture corporation called Seko Management Inc. "SMI" a (Florida Corporation). Seko Management Inc. holds an Exclusive Contract for 50% Profit Sharing for the Group "RUN BY LOVE" http://www.runbylove.com. The newly formed corporation has 100 million shares authorized and 60 million issued. The equity division of the corporation is 30 million shares to the Seko staff and 30 million shares to the current shareholders of CVSU.
"As CEO of Seko Management Inc. I am pleased to announce it is a pleasure to have added a joint venture under the umbrella of CVSU. I believe that working together with CVSU gives a lot of opportunities in the future," stated Zsolt Szekely, CEO."
I'm still waiting for the TUT resignation PR...wonder if he has had enough time to save face with his supposed belief in this company to avoid a lawsuit for his pumping??? Shouldn't be much longer now. I am trying to come up with what he says is the reason for the resignation. doubt it will be "to spend more time with family" - that one sounds more like something Rufus would use. Any guesses?
Well. well, for a new guy, you sure do have some interesting information. JMSGOD is Dave Perley??? Interesting - I had read he held 2 million shares back in August - what does he own now??? From my "observations" I doubt JA can do much with this company. My feeling was that he did (took over as CEO) what he did to protect himself against lawsuits for that pump act he pulled off as TUT on HSM. Will be interesting to see if he was actually dumping shares during that time he advised all on HSM to sit on their hands, get certs, perform Chinese Walls and the like. Pretty hardcore pumping. After I listened to him on SubPenny I was unimpressed with his "performance" and knowledge about what CSHD was all about. He made a bunch of generalized comments about the future that could have been said about any company.
What "company" are you referring to??? the one that Rufus said had 14 -20 subsidiaries and Joint Ventures that would be spun off as part of a diversified portfolio? I don't believe there is anything to spin off. Those bonds he came in with? Seems that those are in question a well.
Fhal was just about bankrupt with all that toxic financing - Sabra helped put those two companies together since Mike needed the financing for the log deal and Rufus wanted a short cut to the nasdaq.
Get ready for the fireworks - there will be no holding back when Rufus goes LIVE on Subpenny. Get ready for the PR campaign - mudslinging is just beginning.
Sorry I missed the Bodi/Mike Alexander postings the other night. Guilt ridden? One can only hope that might be the case...
Today, 12:01 AM #8078
Strangedayz
HSM Addict
Join Date: Oct 2006
Posts: 1,377
Quote:
Originally Posted by WeallWin
Yeah, and if you were committing fraud would you go public and announce a proxy while under SEC investigation....something seems a liitle fishy to me....and if the SEC has any proof of fraud why isn't Rufus under indictment...in jail for breaking up a bar fight is not fraud where I come from...this just does not all add up...
It's starting to add up. Why would MA et al come on HSM after all these months claiming to do it just because they felt bad for us and didn't want anyone blowing their heads off? Why would it be so important for them to convince us that RPH is such a crook and that he needs to be removed from the company for good before they can continue? Why is he such a threat? I thought he was already removed. I stayed up until 4:00AM last night listening to RPH, and one thing is for sure...he's more confident about his position than the rest of them put together. Had MA not shown up here the night before in full damage control mode, I would not have given Rufus much credibility after all that has happened. The next few weeks should be very revealing.
I already know what they think - my posts were deleted immediately...
Sorry Smallgain - I mentiioned it was offtopic - that applied to FCCN.
Read the PR and compare it to the actual filing with the SEC. Notice the amount of the loan ($850,000) already drawn down is not even mentioned. Maybe just an oversight - maybe a red flag...
January 18, 2007 - 9:13 AM EST
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FCCN 0.047 -0.008
Today 5d 1m 3m 1y 5y 10y
Franchise Capital Corporation Announces a Definitive Agreement With Aero Exhaust, a World Leader in Automotive Exhaust Technology and NASCAR Performance Partner
Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that it has reached a definitive agreement with Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, under which Franchise Capital Corporation is expected to exchange up to 95% of its total capital stock in exchange for all of Aero Exhaust's issued and outstanding shares.
The execution of the definitive agreement has been disclosed in a Current Report on Form 8-K filed with the Securities and Exchange Commission.
"We are pleased to have reached this definitive agreement with Aero Exhaust and look forward to completing the acquisition, which is expected to occur in the second quarter of this year," stated Steven R. Peacock, chief executive officer of Franchise Capital Corporation. "There is still much work to be done to close this transaction, but we now have a solid framework, and both companies are committed to what we believe to be an effective strategy to introduce Aero Exhaust to the public markets. We anticipate discussing additional details of the transaction in the coming days and weeks as the acquisition moves forward."
In conjunction with executing the definitive agreement, Franchise Capital has agreed to provide a revolving commercial loan to Aero Exhaust in the amount of $1,500,000. The loan bears interest at the prime rate and is due and payable in 18 months. Notwithstanding the payment terms, the loan and any accrued interest are convertible into Aero Exhaust common stock at the time the share exchange closes.
"Reaching a definitive agreement with Franchise Capital represents a great opportunity for our shareholders," commented Bryan Hunsaker, CEO of Aero Exhaust, Inc. "We believe that our marketing partnerships will represent a significant value for Franchise Capital's shareholders, and the revolving line of credit, made available as part of this agreement, will assist us in managing our accelerated growth. We are anxious to move towards closing this transaction as quickly as possible and appreciate the dedication and enthusiasm of Franchise Capital's management and shareholders."
To sign up to receive information by email directly from Franchise Capital Corporation whenever new press releases, investor newsletters, SEC filings, and other written material are issued, please visit http://www.franchisecapitalcorp.net.
O.T. Confirmation of the next scam! I was deleted on FCCN! Actually I took a look after I saw it beig pumped by a HSMer - knew something was up. Not to mention it topping the HOT Topic LIST...
don't you just love PR merger news! so old school! Wonder if those investors ever read a SEC filing or just read the PR's?? that seems to be a downfall of many investors.
Read this SEC filing and see if you can spot the red flag..
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On January 12, 2007, Franchise Capital Corporation (the “Company”) executed a definitive agreement with TTR HP, Inc. d.b.a. Aero Exhaust, Inc. (“Aero”) which calls for a share exchange of common stock between the Company and Aero. Under the terms of the definitive agreement, the Company can exchange up to 95% of its total capital stock for up to 100% of the total capital stock of Aero. The specific share amounts will be determined at closing, which is anticipated to take place once the Company is current with its financial statement filings and Aero has completed an audit of its historical financial statements, presently anticipated for the second quarter of 2007.
In conjunction with executing the definitive agreement, the Company agreed to a revolving commercial loan to Aero in the amount of $1,500,000, of which $850,000 was drawn down on January 12, 2007. The loan bears interest at the prime rate and is due and payable in 18 months. Notwithstanding the payment terms, the loan and any accrued interest are convertible into Aero common stock at the time the share exchange closes.
Actually I believe Rufus' preferred method is a DUEL - he actually challenged Tim Miles to one not so long ago...
Hope Tim Miles is sitting back enjoying all this...
Yeah, you probably heard I was that lady who accosted Rufus in the back alley when he went out for a smoke...a couple of his "thugs" whacked me in the knees with an apparent tire iron rolled up in CSHD certs - I've been hobbling around ever since...
Hey dimension - I judged Smallgain too harshly a few nights ago...if you take note of all his postings - he NEVER replies directly to anyone! I have serious doubts he is trying to rob us of being paid!
Scammers Scamming Scammers - the beat goes on...
psst - I think the shareholders were already led to the gates of Hell! thanks to TUT!
WOW! Like yeah! I am INTO this stock - about 6 months INTO this stock - I have lost 6 months of my life because of this stock - but I at least have the satisfaction my cries of foul were heard and answered...
The CSHD board is alive and well and still living in Hell!
Today, 10:45 PM #7953
ww2player
HSM Enthusiast
Join Date: Jul 2006
Posts: 918
Quote:
Originally Posted by CDR Avanti
Speaking of last night: What did Rufus tell us last night that can be confirmed other than he is now out of jail?
Salute
He told us he gave shares to family members.. who he doesn't think sold, but they legally could if they wanted..
MA already told us his wife sold 500k shares.
__________________
Do you know the tony soprano connection???
Today, 10:25 PM #7902
TonySoprano
HSM Regular
Join Date: Aug 2006
Posts: 303
Quote:
Originally Posted by SonnyTheBull
Yeah, he said they pleged 160 million and he owns .5% (800,000) of that. I want to know were all these shares came from since it's twice the float. If this was brought by the TA, wouldn't it draw a flag?
Can't you guys even get one fact straight?
_______________
Originally Posted by phil
You are the only one that said that.
Dave said it,actually, about the FBI being involved on Jan 16th and told me in a PM on the 16th that they had asked for the backup disk for the computer
___________
Disconnected with facts? they werent my shares that were used to remove rufus. I think you might want to check on your liability.
Liability for what? For my shares, that comprise less than 0.05% of the 160M total shares used for the vote? Boy, am I worried about that one.
Hey Country Boy and Valis - the lies continue over there on HSM - check out this post of Dogman's - he obviously was pretty friendly with Bodi/Mike...I hope you see who the real liars really are...
To: scionist who wrote (2397) 11/2/2006 9:00:00 PM
From: anniebonny of 3925
Dogman/James said he was doing concrete work when Perley approached him about the PIPE. Dogman has been posting pretty much since the beginning. I have posted some of his stuff, plus his relationship with Mike and Dave. Dogman is the one that has spearheaded this shareholders committee and got everyone to sign up to claim a 10% ownership so they could be granted a say on the board.
dogman
Aug 9th, 2006, 08:54 PM
By the way Mike was with Dave and I and he shot a BISON with a pistol. You think these guys are scared of bashers or MM. Think again.-
Hey, I could be dead in 20 years - I'd take my chances and live in a $75 MILLION dollar house for the next 20 years!
Hey HSMers! If I hadn't been BANNED by the mod over there, I would have pointed you to the DOGMAN connection - he posted early on his association with FHAL. He holds FHAL certificate number 3 - doesn't that tell you he knows Mike alexander??? Here are a few obvious statements posted by Dogman - the conflict of interest should have been obvious - but with people like MOD don and Phil and even BODI/MIKE calling for banning people - you should be blaming them as well....
DOGMAN
Jul 31st, 2006, 12:27 AM
Let me be honest. I am not quite sure how many shares I own because I first purchased stock in FHAL 2 years ago and had a one year restriction on them. I want to make sure I have all my Certificates so that when they are unrestricted I can deposit them.------------------------------------------------------------------------
DOGMAN
Jul 31st, 2006, 12:33 AM
Tell me about it. I haven't slept all weekend. I went to the casinos and gambled a little this weekend to take my mind off of it. I have about 500,000 shares that I bought at .10 and can't wait til tomorrow and beyond. I might have a new profession by the end of the day Tues. That profession will be whatever I want probably professional slacker.------------------------------------------------------------------------
DOGMAN
Jul 31st, 2006, 12:41 AM
When I was at the casino gambling with $1000 for the weekend was hard but gambling with $ 500,000 over the last week has been hard. I haven't budged and inch but has been hard. This blog is definitely a reason why. When I put my first $1000 in it was private placement and I was the third person to do so with FHAL. It has been one great ride but this is borderline insane. Can't sleep tonite so I hope I have company.------------------------------------------------------------------------
DOGMAN
Jul 31st, 2006, 12:53 AM
Said and played "ALL IN" 6 times this weekend and won why not make it 7 for 7.
I invested when FHAL was a trucking company. The first day it opened it went to 1.06 on not near the backing as this. Just playing the percentages and my trust in Rufus.------------------------------------------------------------------------
Dimension - you grossly UNDERstated the worth of that bungalow that Dabbs was asking about!!! add another 70 MILLION to that 5 million! LOL!
Damn I missed a good show - I actually was almost weaned from this!
http://72.14.253.104/search?q=cache:Ns_Wx8PeT98J:www.hauteblog.com/2006/05/20/california-mansion-hit...
California Mansion Hits the Market for $75 Million
May 20, 2006
A Southern California oceanfront home would break a record if sold for its $75 million listing price, an analyst with the National Association of Realtors said Tuesday. The 30,000-square-foot custom-built estate belongs to Frank Pritt, founder of software company Attachmate Corp. The estate features a car museum, entertainment complex, gymnasium and mini water park.
TOP DOLLAR
$129m world record price paid in 2004 by the tycoon Lakshmi Mittal for home in Kensington Palace Gardens, London
$103m Hong Kong home 1997
$70m house in Palm Beach, Florida, two years ago
$276,883,320 equivalent cost today of the $30m that William Randolph Hearst spent on Hearst Castle at San Simeon, California, in 1922-39 more [Reuters]
See more in LA Real Estate
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10 Comments »
1.
Can you please send addtional inforamtion on this Estate.
Website with pic’s
Thank you,
SABRA!
Comment by Sabra Dabbs — June 2, 2006 @ 9:51 am
A study on Pathological Liars - seems it all comes down to gray - not the gray market - but gray matter in your brain - I suspect there are a few around here exhibiting the results...
http://www.usc.edu/uscnews/stories/11655.html
http://www.faqfarm.com/Q/How_can_you_tell_if_someone_is_a_pathological_liar
Name the "new" JV on the homepage - - I'll be happy to discuss it. I didn't see any new one.
LOL! this from the guy pressing the delete button and reaming anyone that suggested even the slightest note of negativism...This one is a keeper - he bears responsibility of denying readers information that could have helped them make a more educated decision - not all his one-sided rhetoric....I expect to see him named in a lawsuit against the company as suppporting the PUMP part of this Pump and Dump scheme...
Originally Posted by phil
since you sold a few weeks ago you either had to gotten in at the same time as a lot of us did back in the 9 cent days or you sold for a loss. You could have gotten in then but I just dont recall you from those days. It's simple, flip your stocks to secure your investment then you will never be stuck. Regardless of what anyone says.
And as far as honesty goes, if you're looking for it in the pink sheets you are looking in the wrong place. There is no way to tell who the villain is here. It's easy to blame rufus because he's the one that promised the moon, but it could just as easily be tut or mike alexander that has done this. I find it extremely difficult to accept that tut could post things like his group being able to do such unbelievable DD on this stock in particular that they even knew the political ramifications of the play and why they were out to eliminate the shorts, and then turn around and claim negilence of rufus as a way to disassociate himself from the bonds.
So while your blaming someone be sure to blame the right one. And until you can prove who that is, save the hero posts for the gullible.
Not only do you repeat yourself but you have a bad memory as well...or are just a bad liar - no wonder you are interested in this stock - It's all about lies...
"Everyone I respect your positions I know nothing about CSHD I just stumbled across it today."
By: zambia123
14 Nov 2006, 09:20 AM EST Msg. 582 of 754
(This msg. is a reply to 579 by georgetjohnson.)
Jump to msg. # Go
what i'm saying is that the drop didn't justify based on the buy sell and i feel the price is manipulated
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Read the crap zambia posts on Raging Bull - that should tell you all you need to know! LOL! Google his alias - it will list all the sites he's involved with...snicker
Psst - zambia - try this link:
http://www.arcytech.org/java/clock/
Bob Marley - Time will tell:
Mm-mm-mm-mm-mm-hm! ooh-oo-oo-oo-er. mm-mm-mm.
Jah would never give the power to a baldhead
Run come crucify the dread.
Time alone - oh, time will tell:
Think youre in heaven, but ya living in hell;
Think youre in heaven, but ya living in hell;
Think youre in heaven, but ya living in hell.
Time alone - oh, time will tell:
Ya think youre in heaven, but ya living in hell.
Back them up; oh, not the brothers,
But the ones who sets em up.
Time alone - oh, time will tell:
Think youre in heaven, but ya living in hell;
Think youre in heaven, but ya living in hell;
Think youre in heaven, but ya living in hell.
Time alone - oh, time will tell:
Ya think youre in heaven, but ya living in hell.
Mm-mm. mm-mm.
Oh, ma ...................
Oh, ma ...................
Oh, ma children are cryin.
Oh, children, weep no more!
Oh, ma sycamore tree, saw the freedom tree.
All you ... have spoke:
Oh, children, weep no more;
Weep no more: children, weep no more!
Jah would never give the power to a baldhead
Run come crucify the dread.
Time alone - oh, time will tell:
Think youre in heaven, but ya living in hell;
Think youre in heaven, but ya living in hell;
Think youre in heaven, but ya living in hell.
Time alone - oh, time will tell:
Think youre in heaven, but ya living in hell.
I wouldn't mention DEAD HORSES around here - it's a bad omen. Maybe you understand me - but there is no way I understand you!
Hey, thanks for the "engagement", I just made $10 from your replies to me! LOL!!!
Psst - also check my recent posting history - not a good sign - not bashing much so this must be a BAD stock! Watch out!