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Next ask after .025 wall is --> .04 lol!
Notice the candles as well have been getting shorter and shorter lately. We were moving pennies a day. The chart looks set up for a nice long blackie that touches .03 today. Here's to it!
Wall building at .025, I bet we test it early am..
I will be here for L2 for a while, will post while I can. She just jumped up:
1 x .0195
2 x .018
by
2 x .02
3 x .021
1 x .023
cmg, relax and think of it as you are early to the party. The investors will come in due time. Accumulate here while you can. I don't know how many times I was "early to a party", got bored that no one was there and sold. Weeks/Months later the stocks trade 10x the volume and is up a gazillion percent from where I sold. Enjoy this, the PPS will reflect the true value in due time.
Basic/Simple chart here...
But you can see the Head/Shoulders that formed and nice support at .015. .02 was support/resistance before. I think once we bust it, we will test .025 real quickly. We get through that and it's back to at least 5 cents imo. 4 out of last 7 days up/unchanged. Things are turning...
http://stockcharts.com/h-sc/ui?s=FCCN&p=D&st=2006-12-16&id=p23876855226
Evening all..
Since it's pretty slow tonight do one of you that seem to know the different types of filings pretty good give a "cliff notes" version on what filings (type, timeline from now, material in them) we may see in the next couple months. Would they include share count, merger info, symbol change, exchange change, etc? Also maybe include where any PR's would fit in to the mix.
If anyone could take a shot at it I sure would appreciate it and maybe some other board members would too. TIA.
Maui? And I am stuck in sub-zero weather? Geesh, way to rub it in!
Buys and then they drop the B/A...incredible...eom
Tear down the wall, tear down the wall...
bid ut...eom
How many at .02? That's the 50 day avg we need to bust through again... TIA
"We want to make the stockholders of both Aero Exhaust and Franchise Capital Corporation aware of the airing, so they can gain an even better understanding of Aero's products as well as the type of media exposure that we are seeking," Mr. Hunsaker added.
AWESOME!
I know I need to be patient....
but this is really boring.....
1 hour coming w/o a trade? Hmmm...
Who is dc??? LOL!!!
Amazing how they hold this thing down. One day we will start moving a penny at a time to make up for it...
OT: Good morning as well. 7 degrees here :(
Since breakout...
This shows a nice head and two shoulders. Here's to now a jump to the upside..
http://stockcharts.com/h-sc/ui?s=FCCN&p=D&st=2006-12-16&id=p41561705250
psykotik1..
I noticed this post you made. Is this a guess or did you hear through the grapevine? Just curious as to what it will be about. Looking forward to hearing your thoughts.
Be back later, once you are gone. Only a few posts left and I don't want to waste them all on you. Spark, you there? These look like attacks to me. Can you remove them? Thanks!
Realtor/anyone...
Do you think that those AERO shareholders see the price at a couple pennies and would love to buy at this level and would love to tell their friends to buy at this level but can't due to certain restrictions?
How many soon to be legit pinkies say things like:
1. "The escrow agreement was designed to allow Franchise Capital to set aside a sufficient number of shares to cover both the settlement of debt and to allow access to capital as the company moves forward with its acquisition of Aero Exhaust," said Steven R. Peacock, chief executive officer of Franchise Capital Corporation. "By issuing the shares into escrow, the company is able to limit the release of the shares while paying down the remaining debt and maintaining voting control of the escrow shares."
2. "Management strongly believes that settling the debt to Golden Gate through the escrow, rather than to allow for massive dilution through the issuance of these shares without conversion limitations, is to the benefit of shareholders and will ultimately reduce the number of shares involved in the transaction. By coupling the debt settlement with the stock purchase agreement, Golden Gate became more than just a creditor -- it has developed into a financing partner with a vested interest in the future of the company," stated Mr. Peacock.
3. "We do realize that the terms of the escrow are somewhat complicated, and I look forward to personally addressing the most commonly asked shareholder questions in an upcoming interview. The interview will be scheduled for a date subsequent to the filing of the Definitive 14A, which we expect to occur very shortly," added Mr. Peacock.
Does this seem like they don't care about the shareholder and want to pollute/dilute it? We have something special here and most of us know it.
OT: LTBH - Long term buy hold..eom
OT: TRLG merged into a shell instead of IPO'ing as Aero is doing.
OT: Don't remember, but it was waay too early. I can go back and look. I bailed too early there, I won't here. This is a LTBH.
They will. As I said look at this link below to TRLG. Look what happened when their financials came out around the July-September 2004 timeframe when they were a shell and everyone was waiting on financials. I was in around $1 (See Ragingbull TRLG post #55) and sold for a hefty profit but a alittle too early. I see a similar type run here once the financials come out..WITHOUT A NEED FOR A R/S.
http://stockcharts.com/h-sc/ui?s=TRLG&p=D&yr=3&mn=0&dy=0&id=p68972939820
Why do a R/S? I was in..
TRLG as a shell trading around $1. Once their financials came out the share price took care of itself. It went from the $1 range on the OTC to the NAZ and trades near $20.
Time will tell Free..
Let's get back together here in a few months and see how we (FCCN holders as you call us) made out..
What on earth:
"Unfortunately the current shareholders are getting screwed by the dillution and what I believe will be a reverse split(The reverse split would be to raise the PPS so they could get on NASDAQ, so I see it as a good thing, but if they dont do it right, the market will react unfavorably towards it). As news comes out about these types of transactions, the share price goes down, because FCCN doesn't explain themselves and communicate in a clear and consice manner."
Dude, go to bed, you ain't getting in cheaper...
OT: MTG - check your email..eom
caution, again...
"My bet is dillution and reverse splits, leaving you, the current shareholder, with nill, and me, the shareholder of the sparkling new Aero making a killing."
I think and I am willing to bet you are wrong with this statement. Patience and we shall see. I'll be here, will you?
caution, may I ask..
are you long, short, not invested & trying to get in at a lower price?
OT: looking at BB's board I have to laugh.
VLNT (another pinky) went up 1800% today and was up as much as 3000%. Just a P/D there I would guess.
Here's to FCCN having that in a day. A day like that here would put us at a high of .55 and a close of .34. As you can see, not out of the question in pinky land and surely well deserved with what we have here.
OT: LOL!!!eom
Hilarious close. They are playing with this...eom
OT: moon - give it up...eom
I pulled another 115k out of the float...eom
Were my buys the kicker to get this moving?
Thar she goes...eom