Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If we get the 8K today, you can bet we'll be back to #1.
Is that an "all or non" order at $.017?
951-677-8073
Email: investors@franchisecapitalcorp.net
He should be in the office now. Let us know what he says.
Current shareholders are still holding shares at pre IPO prices.
In fact, we are able to buy shares at less than what some of the insiders
paid for them according to Vince who had insider shares.
Posted by: vince1811
In reply to: flaflyersfan who wrote msg# 87480
Date:10/11/2007 5:43:25 PM
Post # of 92264
I purchased the stock for $3 per share when it was AERO. Each share of AERO stock I purchsed converted to around 84 shares of FCCN. We lost a little in the conversion but that is a risk you take when you purchase shares in a private company. I think this stock will take off when the word get out and people start purchasing the muffler. If I ever see $3 a share again I will be in good shape. Right now I would be happy with 10 cents.
It's 7:40 on the West coast. He gets into the office about
9. I'd be interested in his response to you.
Why don't you call or email him and get your own personal "calming"
951-677-8073
Email: investors@franchisecapitalcorp.net
emailing is free!
He said Aero had done everything on their end. It's now in the hands of the auditors. When it comes back from the auditors, it will be filed.
Andrew said it was being gone over by the auditors and they
could release it at any time.
Just curious, if you met Hunsaker himself or went to any
shareholders meetings?
Aero is satisfied that they have included all the pertinent
data. It is just a matter of the auditors having any questions.
Kind of like doing your taxes with Turbo Tax. You put in
the data and at the end Turbo Tax asks you, if you want them
to run an audit. But in this case, you don't have any choice.
Aero has essentially filed its report and all their information with the auditors. Now the auditors are going
over it line by line. Once the auditors have verified the
accuracy of the lines, they will sign off on it and it will
be filed with the SEC. As I mentioned, Aero has completed
their side of it.
To answer your question, anything chartered over about
1400 on the BDI and they would at least have some profit.
But a better answer would be to say that their average cost
for a ship is in the $8,000 to $9,000 dollar per day. So, if
you look at the rates per day on their fleet would give you
a better profit picture. That is what the market is missing
here when you look at the very long time charters periods
they've done at the apparent modest rates. They will be
hugely profitable for the next five years or so by locking
in these rates.
Here are the time periods and rates for the current fleet.
http://navios.com/Fleet/default.asp
I think sooner or later the market will realize what Navios
has accomplished by writing these charters. It is hard to
find a company where it is guaranteed to be profitable
over the next five years.
I was curious where you got the number of posts equation
reflecting price of a share of stock?
He said it went to auditors. Aero has not made any changes.
When it came back approved by the auditors, it will be filed.
Basically he said, we will all see the 8K when it's filed.
It could come at anytime. Ideally it would come when the market
is closed, but releasing it during business hours is not totally
out of the question.
I got that the books are closed on FCCN the shell, so everything
since last Thursday night is all Aero's.
He's on the phone
OK, I will ask about news on the horizon.
I'm getting ready to call Andrew. Any questions anyone would
like to ask?
Yeah, just wait until they find out they can buy into the company that makes those Aero exhausts.
Nascar fans are some of the most loyal fans in sport and
they tend to buy Nascar sponsored products.
I called IR and earnings will be out in about two weeks.
They will address the spinoff of the terminal operations
in the earnings conference.
How can you be sure that is the "real" Rusty Wallace? LOL
Here is the number.
Phone: 951-677-8073
Be sure to call and let them know.
I hope Hunsaker is doing more important things than answering
the phone. I would hope he had a receptionist for that.
I would much rather he is out taking care of the business
operations.
I think we are better off with Hunsaker as the CEO than Peacock.
I think Hunsaker knows more about exhaust systems and has
more contacts in the racing and motor vehicle industry than
Peacock.
Maybe are working on giving the good FCCN shareholders a
larger per centage of Aero for hanging in there all this time!
They said that was their intent in going public in the first place.
I know Aero plans to list on a major exchange. But the reason they
didn’t apply for the OTCBB could be to make sure there was no
penalty, if the 8K wasn’t out in four days.
If they had been OB, there would have been a penalty. But as it is,
there is no penalty.
It’s quite possible they will make the notification of their intent to
trade OTCBB in the interim of moving to a higher exchange, since
they will qualify. OB would look a lot better than PK and there is
a chance it could give a share price boost.
I, for one, don't expect the 8K to be a real pretty thing.
Afterall it represents a struggling young company's past
two years. But that is just it, it is what happened in the past
Most of the people, like me, have bought into the stock for
what it will do in the future.
I think the holdup was the getting the suit settlement in the
8K.
It appears to me it has been settled, so we could see the
8K after the market closes.
It also shows "year started 2007". You need to go back and
make some corrections to that.
"much to-do" Is that an accounting term or SEC term?
There was no "deadline" and no penalty. They simply mentioned
an "expected" date.
Thanks for the update. After market hours is the logical time
to release a report like that.
Aero Exhaust, a seven-year-old company based in Salt Lake City, already is convinced it's getting the bang. The Nextel season doesn't start until Sunday, but the company is experiencing "triple-digit" sales growth in the first quarter of 2006.
It said in the first quarter of 2006. It didn't say over the
past year.
They surely must have seen potential in Aero to invest
$500,000 back then. I don't think they would have done it
to break even.
"If the planned acquisition is not a company that does business in the travel industry, there may be a spin-out of Global Travel Exchange that would include a dividend of its shares to GTREX Capital shareholders.
That sounds good to me. When I talked to Andrew a couple weeks
ago, I got the impression that it would not be in the travel
industry.
I don't recall where a time frame was mentioned. It could
have been for the previous month. IMO
They must have thought the patent was worth the money they
put up. I don't think funds put money up to break even.
Rusty Wallace is the spokesman and the face of Aero Exhaust. He is also
the person you see on just about every other Nascar program on TV and
could probably lend his talents to many companies in the industry, but
he chose Aero. Does anybody in their right mind think he isn’t
doing this on his own free will or because he doesn’t believe in the product?
I’m sure he and his attorneys have looked at every aspect of Aero Exhaust
and determined that the company qualifies to be worthy of his affiliation.
A new line of full turbo and cat-back systems diesel exhaust systems, which include all parts from the catalytic converter, turbo charger or muffler back to the tailpipe, has also been completed and is currently in production with product expected to be available for distribution by July 2007. The diesel line of exhaust systems includes 20 different kits for a variety of different makes and models of trucks.
The full diesel exhaust systems are expected to be targeted to both existing and new Aero Exhaust markets, including Original Equipment Manufacturers (OEMs), which would consist of automobile manufacturers and dealerships that could offer the systems as optional equipment or potentially include them as standard equipment.