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I have been downplaying this 8K.
Read all of my posts, I've been telling people I'd be very happy with between 5 and 6 million in revenues for BOTH years combined 06 and 07....
I said I'd be thrilled with 7 million, ecstatic even. I also said many times that I don't expect a huge PPS increase right after the 8K hits, no matter what it says.
You can hardly call such conservative statements, all printed in the last 24 hours, to be Pumping.
Thanks. I got it back now.
My bad. :)
What's the bid and ask?
Do you see it? I don't.
Never mind, L2 is back on...
I need more coffee.
That's not true.
Something always goes wrong in them like dilution, convertibles etc.
Why do you say "always"? That's not true at all. Some pennies make a crapload of cash for people. Give me a break, if pennies ALWAYS tanked there would be no investment market for them.
Try to be fair and accurate. Always is a terrible untrue choice of words. If you're looking for a quick profit, then why are talking crap like this on the day the 8K comes out? Doesn't seem very good to smack your portfolio.
Good morning FCCN/AERO...
can you hear that exhaust kicking up a storm?
FACTS are not pumping.
The FACTS are out there. If you know how to read and use a calculator, most of the things I've been saying can be verified on your own. People are having a hard time believing their own eyes and calculators.
Pumpers push things that need to be pumped.
This stock doesn't need pumping. It has facts and evidence to support it.
A thing called GROWTH....
Unless Aero puts out huge numbers why should it go up a lot more?
Yeah, like no companies were worth investing in before they had profits. Give me a break.
In case you missed it, many longs here are not bothered with "huge" AERO financials.
It's not where they are at, it's where they are going. If AERO had huge financials none of us would be able to buy in at .019
I just want this board to know, I am ready to rumble with the DD today. I'm on full alert, got a good night's sleep and will kick basher azz all day.
GO baby!
Please don't misquote me...
"otherwise you predict a lower pps after the 8k and a zero-pps-development during the following months"
I said I predict that today, regardless of the 8K, I think MMs will pull every trick in the book to keep the PPS down. I also said the PPS could explode if there is a short squeeze triggered.
I never said "zero pps development during the following months"
I see EXCELLENT PPS development in the future of this stock.
I just said I wouldn't put a timeline on it, but I know it will happen. I just don't know when.
When you quote somebody, you should use the actual words, quotation marks and provide the proper link.
Re: AERO getting escrow...
The main reason they did it this way was to keep the post merger O/S low so that the PPS would by higher after the merger and that makes the chance of uplisting to AMEX much stronger much sooner.
But there's another more sneaky reason, I honestly believe Peacock and team anticipated the shorts/bashers/MMs would prophecy massive dilution as is done with most pinkland crap and that those entities would heavily SHORT the stock believing they could cover easily when this BECAME diluted - WHICH NEVER HAPPENED.
NO DILUTION = MUCH LESS SHARES TO COVER SHORT POSITIONS WITH
Peacock and team knew that a genuine short squeeze would be an event which had powerful chances of exponentially increasing the PPS in the shortest amount of time. A short squeeze which drives the PPS to the moon might open the door to a faster AMEX uplisting.
And even if they still need to do a reverse split, it might be in the range of 2 to 1 or 3 to 1 with a short squeeze, and no more than 6 to 1 without a short squeeze.
MORE SNEAKY PEACOCK....
Check it out. I think I figured out why they included 400,000,000 more shares than they needed in th escrow account. I'm talking about the 400,000,000 shares which were retired to the FCCN treasury and cancelled at the close of the merger.
Since those 400 million extra shares were RESTRICTED, they were also included in the official O/S which prevented AERO from owning a majority percentage of FCCN which would have TRIGGERED AN SEC FILING and such filing WOULD HAVE BLOWN THEIR COVER.
Peacock and team had a reason for brilliantly disguising the fact that AERO got their loan from the escrow. I think I know the reason they did it this way. Do you?
Here's where Peacock said AERO got ESCROW
For anybody who may doubt that the 850,0000,000 GGI escrow account was also set up to pay the 1.9 million dollar loan to AERO, here's the two quotes from Peacock which prove it:
From the January 30, 2007 PR:
"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..."
http://www.franchisecapitalcorp.net/upload/FCCN_PR_01-30-07_8-K.pdf
Look at that, in hindsight it seems so obvious. Peacock tells you the escrow agreement was "designed" to set aside capital for "BOTH"
1. "settlement of debt"
2. "access to capital as the company moves forward with its acquisition of Aero Exhuast"
And from the March 14, 2007 PR which discussed the annual shareholder's meeting, please pay close attention to the language employed as to the nature of AERO's loan:
"Among the topics addressed was the amount of capital currently drawn down by Aero as part of the $1.5 million loan made available by Franchise Capital. Mr Peacock estimated the total amount drawn down to be approximately $1.2 million thus far."
Aero's loan was paid via shares from the escrow account. It was not a cash payment. The 8K should bear this out.
I believe more shares are being traded than...
are in the O/S.
Another question. U've mentioned the # of O/S shares, but if you add up all the Ihubmembers shares, fccn insiders, executives & etc, than doenst that amount exceed the # O/S you are claiming?"
Exactly. Now you're totally on point.
That leads me to believe there is a massive naked short position on this stock.
Look at this L2, it says alot
Notice all the white paint, all those buys were at the Ask EXCEPT the two mirror trades which break up each run.
Did those mirror trades stop the ASK from getting raised?
Peacock said the loan was "drawn down"...
Todd, I have alot of respect for you. So, please don't take this personally. I really appreciate the hard work you've done here. But just because I haven't been here as long as you doesn't mean I'm wrong.
Pietro agreed with my calculations, called them "genius" as did others. I am not saying this out of ego, I'm repeating it because I know the analysis is correct and I hope the opinions of others will make you take another look. Please read the following:
From the January 30, 2007 PR:
"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..."
http://www.franchisecapitalcorp.net/upload/FCCN_PR_01-30-07_8-K.pdf
And from the March 14, 2007 PR which discussed the annual shareholder's meeting, please pay close attention to the language employed as to the nature of AERO's loan:
"Among the topics addressed was the amount of capital currently drawn down by Aero as part of the $1.5 million loan made available by Franchise Capital. Mr Peacock estimated the total amount drawn down to be approximately $1.2 million thus far."
Additionally, using any of the formulas used for the GGI debt conversion, the lowest possible multiple had to be less than
.0008
444,000,000 x .0008 = $355,200
GGI was only owed $220,000.
And the .0008 multiple is much lower than any possible multiple used which means that dollar amount would have been much greater than $355,200 for any five day period between November 2006 and October 4, 2007.
Seriously, there is more to this than you are giving credit.
Take another look at the math. Let's try to come to agreement. I am open to anything you have to say.
Technically no, they wouldnt have to file.
The O/S was 964,000,000 so the percent of shares they owned wouldn't have triggered a filing.
But when they canceled and retired 400,000,000 shares on October 4, 2007 after the merger, then yes they had to file with the SEC and that will be reflected in the 8K.
It's really incredible to me, Peacock and company had all the angles figured out.
Consider this, the pre-escrow O/S was only 77,000,000 shares.
The last share count on this board alone was 345,000,000 shares.
Think about all the shares not owned by people on this board.
I would NOT want to be short this stock right now.
"Yes" and "Maybe".
Yes, I believe the evidence proves that AERO "drew down" their loan from the GGI escrow account and that accounted for the bulk of FCCN shares they now own.
Maybe, AERO sold some of those shares to raise cash for operations.
Don, I have no confidence in predicting value...
I think we'll see between between 5 and 6 million combined in revenue for 2006 and 2007 (that's both years revenues added together, not per year). Valuation depends on more info than I have available.
With a market cap of 10.7 million at .019 pps, I'm very happy with 5.5 to 6 million in revenue. I'll be thrilled if we get 7 million.
I want to see growth between 2006 and 2007. As long as there's nice growth there, plus the numbers I've stated above, I'll be very happy with our chances.
I don't think it will get ugly...
PPS may drop, but I think it will hold up OK.
If we getover 5 million in revenue, I'll be happy, 7 million and I'll be thrilled.
The percentages were stated as approximate...
the percentage of 47% for FCCN shareholders vs 53% for AERO were listed as approximate.
I think it's possible AERO got more shares form the escrow than GGI, and that would increase the AERO percentage higher than 53%, but I also believe that AERO sold some of those shares when the stock hit .03 and above.
The shares AERO got from the escrow were not restricted. They got restricted shares at the exchange, but the bulk of their shares came from the escrow account.
564 million is a post-merger number.
The October 10K lists a "pre-merger" number of 964,000,000 share O/S.
The post-merger PR from 10.04.07 testifies that 400,000,000 shares were retired and cancelled.
Cancelling shares in the O/S to reduce the O/S is the opposite of dilution.
And that's the part that snookered the shorts.
I know you're just trying to help people make a good decision, Down, but once you "get the picture", I'm sure you will appreciate the brilliance of the sting perpetrated upon MMs, shorts and bashers.
I told them FACTS and math...
For example:
There was no dilution used in the merger.
The current O/S is 564,000,000 shares
AERO's loan was not paid in cash but was "drawn down" from the escrow.
This is all proved by the SEC filings, the PRs and the very specific language used in those PR which incorporates specific terms of art.
I never told anybody what to think. I told them what I thought and I told them what the facts are. You can argue about conjecture, but calculators don't lie.
People can and should think what they like.
PERCENT AERO gives up is irrelevant.
The O/S is stabilized at 564,000,000 shares. I don't care how many shares AERO owns, nor do I care how many Nello owns, or Pietro. That's their business.
564,000,000 O/S equals 10.7 million market cap.
What percent AERO gave up makes no difference to the valuation.
And I didn't "tell" you what to write, I offered you a deal. There's a difference.
peace
It's called "BUYING" when ASK is hit...
dumping is selling at the BID.
No volume. No shares.
40 straight buys at the ASK for 1.525 million shares.
No uptick, but a teeny 5000 share sell will easily move it down, happens all the time.
Short squeeze is possible. We have the perfect storm conditions.
Not saying it will happen. Many people are weak. Shorts and bashers prey upon that weakness.
We'll see who prevails. Short squeeze is possible.
I have a deal for you...
don't tell me what to put in my posts and I won't tell you what to put in yours.
A "PICTURE" of TRUE MANIPULATION...
How does the ASK not go up with almost 40 straight trades at the ASK for 1,525,000 shares, notice the two mirror trades. My screenshot didn't get all the trades.[There are a few more below the cut off also at the ask.]
see next post...
sorry, tech erro
Don't trust anybody! Seriously.
I told you, trust your calculator, the 10k AND THE 10.04.07 PR.
you can verify the 564,000,000 O/S with just the above.
Didn't you see my signature?
I don't want anybody to trust me. My DD is based on verifiable facts and math.
Do the math and you get the facts.
Im not predicting a big PPS increase tomorrow
I expect the PPS to drop regardless of the 8K.
MMs are cornered rats and will fight dirty to the death.
It might go on a tear under the right conditions, but if it doesn't it won't be because the PPS is too high right now. If FCCN longs hold steady for the next few weeks, then I think we will go off the charts. But:
- alot of people don't know what they own.
- alot of people know, but have no patience
- alot of people are basically playing roulette
- alot of people get scared by bullies and phantoms
I am not any of the above. And there are others like me here. The more that achieve this state of confidence in their own DD, the faster this stock goes way up.
Anybody hoping for a big day tomorrow is just setting themselves up for a let down. This play is long.
Who gives a crap about Earthlink...
They get their numbers from public filings.
The most recent public filing which states the O/S is the October 1, 2007 "10K"
It lists the O/S as 964,000,000
The Ocotber 4, 2007 PR tells you that 400,000,000 shares were retired and cancelled.
That leaves 564,000,000 O/S
the only verification you need is a calculator.
peace
Danny Devito in...
"One Flew Over the Cukoo's Nest"...
Check again, I was responding to post # 87618
Sorry, the maker of that post mentioned Earthlink.
Doesn't matter, just look at the 10K, then look at the Ocotober 4 PR
tells you all you need to know.
It's more complicated than that, Todd.
But better for us
"the $1.9M was converted to AERO common stock at the share exchange"
The 1.9 million loan TO AERO was "drawn down" from the GGI escrow. Whether AERO sold any of those shares or kept them all is not known.
The "repayment" of the loan back to fccn was, as you say, converted into AERO common stock at the share exchange.
Remember, we were already getting ALL of AERO's shares, so how many shares we got from AERO is irrelevant. If you are arguing that there was some measure of unknown dilution from "authorized" shares, there is no language to support that concept in the PR announcing the merger being complete.
In fact, the language used announcing the closing of the merger only uses two terms to discuss the shares AERO received
"issued and outstanding capital stock"
"restricted shares"
both of which can only come from the O/S.
I've never seen the Earthlink.
You brought Earthlink up. I've never seen that.
Earthlink is using the 10K of 10.01.07
That was the last public filing with a listed O/S.
The 10.04.07 PR announcing the merger said they retired and cancelled 400,000,000 shares leaving 564,000,000 in the O/S.
I don't think AERO cares about that...
"So I expect premarket thursday if they want this to run."
AERO are gonna be doing this for a long time, and I don't think they are worried about the PPS running on the day they release the 8K. I wouldn't be invested in this company if I thought they were sitting around contemplating what hour of the day to release the 8K. Only stinky pink frauds would give a crap about that.
They will release the 8K when it's done.
The people who care about such momentum are not longs, they are traders and flippers and AERO is not concerned with anything but long term partners.
Nobody who knows what they own really cares when the PPS runs, we just know that it will run one day.
And if anybody is wondering, yes, I am trying to downplay this 8K as much as possible. I saw what happened on the fantastic news last week when the merger was announced on time, followed by our new CEO taking his place and a new acquisition candidate lined up.
If you want to make money on this stock, forget about the 8K and all that it entails. The most important aspect of it has been revealed through mathematical DD
AERO received all of its shares from issued and outstanding FCCN stock. There was no dilution.
O/S = 564,000,000
AERO must own more than half of that and will not be selling as it is majority shareholder.
That leaves a very small implied float and what appears to be a very large NAKED short position.
Do you own DD.
peace
My 8K AERO revenue prediction...
For 2006 no less than 1.8 million
For 2007 no less than 3.6 million
I would be thrilled with 5.4 million in revenue, ecstatic with 7 million. Anything beyond that and I'm going surfing from now on and leaving this board as my investment will be on autopilot.
Court documents and Dunn and Bradstreet "indicate" AERO did between $780,000 and $1 million in sales for 2005. So, 1.8 million in 2006, followed by 3.6 million in 2007 would show very nice growth. Considering some AERO products are on back order and knowing that going public will increase production gets me psyched.
The O/S is 564,000,000
564,000,00 x .019 = $10,716,000 market cap
That's peanuts.
A 10 million market cap is peanuts. Think abot how many people could buy this whole company by writing a check... if FCCN/AERO longs were to sell our shares. But that's not going to happen.
That's for BIG rig diesel trucks only.
Not relevant to AERO products. No such regulations exist for passenger vehicles.