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GOOD MORNING FROM PORTUGAL!!!!! THE "D" DAY IS NEAR....VERY NEAR...
Good, very good, you are slowly changing your opinion,
That's a positive step.
Now, you must start thinking that aero will be Huge in the Future, not now.
Now (1 year) is impossible to be huge.
Now is time to grow...
I like your atitude... That's good
Keep the good work...
VG
GOOD GOOD GOOD GOOD MORNING FROM PORTUGAL !!!!
It's News Week (Only Friday) so... Let's wait....
Have a good week....
Think and learn!!!! Is very important!!!!
Think and learn.
2 570 000 * 0,005 = $12 850
$12 850 = dilution?????
Think and learn.
So....
Let's wait...
Nothing new...
But, they are selling ...
Patience is a virtue...
So...
Let's wait....
Good weekend 4K9P
GOOD MORNING FROM PORTUGAL!! THIS IS THE LAST DAY BEAFORE THE NEXT NEWS-WEEK!!!!
Keep that knife away from your chest...
GOOOOOD MOOOOOOORNING FROM PORTUGAL!!!!!!!!
READ....n.4
4. Actually Ford did show a green product the AERO Turbine by AERO Exhaust save 10 to 20% on gas consumption and reduces engine heat.http://www.aeroexhaust.com/
http://www.autobloggreen.com/2006/10/31/wheres-the-bold-move-in-fords-sema-offerings/
No SEMA update? Must be good news.
SEMA is not a Supermarket: you see and and you make a contract. It needs time.
I only expect news next week.
This week just a simple PR, nothing more.
Agent1107,
Please, give us your defenition: "Nascar exhaust business"
TIA
Millman
I think the real story about AERO will start now.
Till now was just the preparation for the real (and good) story.
VG
GOOOOOOOOD MOOOORNING FROM PORTUGAL!!!!!!!!
GOOD MORNING FROM PORTUGAL
Good to see you back Pietro, DonMauri.
dont scream so loud
I’m waking up
The best is yet to came....very soon
IMO
Thanks, Is the best I can do for now
Basic goodwill formulae
Goodwill = Purchase Price – Fair Market Value of Net Assets
Fair Market Value = Net Tangible Assets + Write-up of Net Assets
Net Tangible Assets = Assets – Target's Existing Goodwill – Liabilities
As can be seen, a merger destroys the target's "old" goodwill and creates "new" goodwill to appear in consolidated books. Net assets write-up is prepared by qualified appraisals.
Goodwill (accounting)
From Wikipedia, the free encyclopedia
• Learn more about citing Wikipedia •Jump to: navigation, search
For other uses, see Goodwill.
Goodwill is an accounting term used to reflect the portion of the market value of a business entity not directly attributable to its assets and liabilities; it normally arises only in case of an acquisition. It reflects the ability of the entity to make a higher profit than would be derived from selling the tangible assets. Goodwill is also known as an intangible asset.
Contents [hide]
1 Original sense
2 Modern meaning
3 Basic goodwill formulae
4 History and purchase vs. pooling-of-interests
5 Amortization and adjustments to carrying value
[edit] Original sense
Goodwill as a term was originally used to reflect the fact that an ongoing business had some "intrinsic value" beyond its assets, such as the reputation the firm enjoyed with its clients. The accounting sense of goodwill followed as a plausible explanation of why a firm sells for more than the value of its net assets.
[edit] Modern meaning
Goodwill in financial statements arises when a company is purchased for more than the book value of the company. The difference between the purchase price and the sum of the fair value of the net assets is by definition the value of the "goodwill" of the purchased company. The acquiring company must recognize goodwill as an asset on its financial statements and present it as a separate line item on the balance sheet, according to the current purchase accounting method. In this sense, goodwill serves as the balancing sum that allows one firm to provide accounting information regarding its purchase of another firm for a price substantially different from its book value. Goodwill cannot be negative, instead you would write down the assets to the appropriate level.
For example, a software company may have net assets (consisting primarily of miscellaneous equipment, and assuming no debt) valued at $1 million, but the company's overall value (including brand, customer, intellectual capital) is valued at $10 million. Anybody buying that company would book $10 million in total assets acquired, comprising $1 million physical assets, and $9 million in goodwill. Goodwill has no predetermined value prior to the acquisition; its magnitude depends on the two other variables by definition.
The carrying value of an asset with associated goodwill may subsequently be adjusted by management, either by amortization or by means of occasional adjustments of the estimated value of the associated assets (primarily based upon their ability to generate cashflow and profits). The exact treatment and other details, particularly amortization, will depend on the accounting standards applied.
[edit] Basic goodwill formulae
Goodwill = Purchase Price – Fair Market Value of Net Assets
Fair Market Value = Net Tangible Assets + Write-up of Net Assets
Net Tangible Assets = Assets – Target's Existing Goodwill – Liabilities
As can be seen, a merger destroys the target's "old" goodwill and creates "new" goodwill to appear in consolidated books. Net assets write-up is prepared by qualified appraisals.
2007 FORD EDGE WILL DEBUT UNDER $26,000; CROSSOVERS POISED TO BECOME INDUSTRY'S LARGEST SEGMENT
http://media.ford.com/newsroom/release_display.cfm?release=24358
2007 FORD EDGE WILL DEBUT UNDER $26,000; CROSSOVERS POISED TO BECOME INDUSTRY'S LARGEST SEGMENT
Featured Stories
Press Releases
Click here for complete Edge Coverage
CODINA REMARKS AT MAMA SEPTEMBER LUNCHEON: 2007 FORD EDGE WILL DEBUT UNDER $26,000
All 2007 Ford Edge models feature standard side curtain air bags, AdvanceTrac® with RSC®, best-in-class 265 hp 3.5-liter V-6 engine and fuel-saving 6-speed transmission.
Front-drive models to begin under $26,000, including destination, with all-wheel drive available for less than $28,000.
Paced by new entries like the Ford Edge, CUV segment is expected to grow into the largest segment in the industry with sales of 3 million units by the end of the decade.
CHICAGO, Sept. 20, 2006 – Ford Motor Company [NYSE: F] will launch its all-new and highly anticipated 2007 Ford Edge crossover with a sticker price below $26,000, Cisco Codina, group vice president, Marketing, Sales and Service, announced today at a meeting of the Midwest Automotive Media Association.
At the meeting Codina reaffirmed that between now and the end of 2008, 70 percent of the Ford, Lincoln and Mercury lineup by volume will be all-new or significantly freshened. That includes strong new vehicles in new segments like the Ford Edge, which goes on sale in November, as well as a new 2008 Ford Super Duty pickup, which will be revealed next week at the State Fair of Texas and will go on sale in January.
“Each new product will be a milepost on Ford’s road to recovery,” Codina said. “Inside and outside the company, we have called the Edge launch the single most important launch for the company this year.”
The Right Product at the Right Time
The five-passenger 2007 Ford Edge has a bold design with a stylish, functional and clever interior. It features a fuel-saving powertrain, with Ford’s all-new 3.5-liter V-6 engine with best-in-class 265 horsepower mated to a six-speed automatic transmission. Its highway fuel economy is anticipated to be in the mid-20s. Edge also features standard side curtain air bags and standard AdvanceTrac® with RSC® (Roll Stability Control). A laptop-friendly center console and standard MP3-player input jack also are included.
In addition to optional all-wheel drive, the Edge is available with innovative features including a class-exclusive, all-glass available panoramic VistaRoof™ which gives a grand view of the sky and can open for a sense of freedom that front and rear passengers can enjoy.
Anticipation Grows
The new Edge already is generating excitement among consumers. Since the vehicle was unveiled in January at the North American International Auto Show in Detroit, more than 930,000 consumers have visited the Edge Web site at www.fordvehicles.com/edge Traffic on the Edge Web pages has jumped more than 125 percent since June, after Ford added a “crossover” tab on the fordvehicles.com home page. Driven by the Web, auto shows and other marketing activities, more than 45,000 consumers have asked for more information about the Edge and 3,200 have shared information from the Edge Web site with a friend.
Two distinct trends have helped spur crossover growth: car buyers seeking more spacious and flexible interiors along with the confidence of AWD, and traditional SUV buyers looking for more fuel-efficient and maneuverable vehicles. This year, crossovers are expected to outsell the traditional SUV segment for the first time ever. Through August, industry crossover sales are up 8 percent at 1.62 million units. Already the fastest-growing vehicle segment in the United States, crossovers are expected to be the largest segment in the industry with sales of about 3 million units by the end of the decade. By 2009, the segment is expected to include more than 70 CUV models.
Ford Motor Company outpaced the competition in CUV growth in 2005 and will stake an even stronger claim over the CUV market with the introduction of the new Edge, along with the new Lincoln MKX. As vehicle segments continue to shift in the marketplace, Edge will play a critical role in retaining existing Ford customers as well as drawing new customers into Ford dealerships. Ford expects that approximately 45 percent of Edge buyers will be customers who are new to Ford Motor Company.
“The success of the Edge will prove that we can bring the same customer-focused intensity we have in trucks to new segments of the market,” said Codina. “The total Edge package – design, flexibility, fuel economy, fun-to-drive character and value – gives us high confidence that we will win new customers.”
Exceptional Value
The 2007 Ford Edge SE features a base manufacturer’s suggested retail price (MSRP) of $25,995 for the well-equipped front-wheel-drive model and $27,645 for the all-wheel-drive model.
Key standard features of the Ford Edge SE include:
Bold exterior styling
Best-in-class 3.5-liter V6 mated to 6-speed automatic transmission deliver 265 hp and 250 lb.-ft. of torque. (Fuel economy is expected to be in the mid-20s for highway driving.)
Front-wheel drive
Rear spoiler
Dual exhaust
Center console with class-leading flexibility
Second-row 60/40 split fold-flat seats
Class-exclusive MP3 audio input jack
17-inch painted aluminum wheels
Class-leading standard safety features including: industry leading AdvanceTrac® with RSC®, ABS, Safety Canopy ™ with rollover sensor, front- and front seat side-impact air bags, occupant classification system, adjustable head restraints and LATCH system
The Ford Edge SEL offers many additional appearance, comfort and convenience features, including chrome tipped dual exhaust, a 6-disc CD changer, Convenience Package, body color rear spoiler and fog lamps. It starts at $27,990 for front-wheel drive models and $29,640 for all-wheel drive models.
Option packages available on the Edge SEL include:
Premium Package – Dual electronic temperature control with particulate air filter; exterior puddle lamps; heated seats and heated exterior mirrors; leather trimmed front and second row seats; memory seats; memory exterior mirrors and steering wheel climate controls
Seating Flexibility Package – 6-way power passenger seat, front-row passenger fold-flat seatback; second-row EasyFold™ remote release seatback; leather trimmed front- and second-row seats; memory seats.
Options exclusive to the Edge SEL include:
18-inch chrome-clad aluminum wheels or 18-inch painted aluminum sport wheels
Audiophile sound system with CDX6, nine speakers and steering wheel controls
DVD-based Navigation system with Audiophile sound system
Reverse sensing system
Rear-seat DVD Entertainment System
Class-exclusive two-panel panoramic VistaRoof™ with dual power shades
Options available on all Edge models include:
All-wheel drive
SIRIUS™ satellite radio with six-month subscription
Class II Trailer Towing (for up to 3,500 lbs. maximum towing capability)
Way Forward Commitment: Deliver Outstanding Customer Value
Ford is accelerating the rollout of many of the technologies featured on the Ford Edge across the Ford and Lincoln Mercury product lineup.
“The Ford Edge’s success will validate many of our key product strategies – including better design, higher quality, more safety, added content, lower prices and higher performance,” Codina said.
Stability control – By the end of 2009, all Ford, Lincoln and Mercury retail cars and trucks will feature standard electronic stability control. AdvanceTrac® with RSC® is now standard on traditional SUVs and will be standard on all CUVs by the end of 2008.
Side air bag protection – All retail products will have side impact protection by the end of 2009. All SUVs and CUVs will be equipped with rollover-protecting side air curtains.
3.5L V6 engine – this engine will eventually power one out of every five Ford Motor Company vehicles in North America
All-wheel drive – Ford Motor Company will have 28 vehicles with AWD technology this year
6-speed automatic transmission – Ford plans to produce about 1.3 million 6-speed transmissions annually by 2008
DVD-based navigation system – For 2007, Ford is doubling the number of products with an available navigation system
SIRIUS satellite radio – For 2007, Ford is quadrupling the number of products with available SIRIUS satellite radio
Auxiliary audio jack – Ford is increasing the number of models with auxiliary audio jacks from zero to nearly half of its lineup
Ford Edge Outsells
This information is from Ford:
http://www.fordedgeforum.com/index.php?showtopic=368
* Ford Edge Market Share Neck and Neck with Nissan Murano : In February, its second full month on sale, the Ford Edge earned a 12.5 percent share of the medium crossover utility segment – higher than the gas-model Toyota Highlander (11.7 percent) and closing in on the Nissan Murano (12.6 percent).
* Ford Edge Outsells GMC Acadia and Saturn Outlook Combined : In February, Ford sold a total of 7,997 Edges, 521 more units than the gas-powered Toyota Highlander and only 103 units less than Nissan Murano. Edge outsold the GMC Acadia and Saturn Outlook combined by 1,814 units.
* Lincoln MKX Passes Competitors :In January and February, its first two full months on sale, the 2007 Lincoln MKX outsold the Cadillac SRX by nearly 17 percent (4,007 units vs. 3,432 units). On average, each Lincoln MKX is sold or “turned” in 12 days. That is four days faster than the Acura MDX, more than twice as fast as the Cadillac SRX and Lexus RX 350, and more than three times faster than Infiniti FX35, according to J.D. Power PIN data.
Of course, the Edge is new and thus they are shipping a lot of them. We'll have to wait and see if this trend contuinues. . .let's hope it does.
Microsoft's $154 Billion - Accounting For the Unaccountable
http://seekingalpha.com/article/47981-microsoft-s-154-billion-question-accounting-for-the-unaccountable
Interbrand's estimate of the 2006 market value of the Microsoft (NASDAQ: MSFT) brand name is $58.7 billion. The value of goodwill and intangibles on Microsoft's balance sheet at the close of its fiscal year on June 30, 2007 was $5.6 billion. The difference of $53.1 billion documents the inability of the company's balance sheet to capture the value of one of its most important market-based assets: the Microsoft brand name. But it does not even begin to reflect what I call the company's "unaccountable." This is the market value that remains unaccounted for after the summation of all "accountable" measures of asset values.
Brand Names in Enterprise Marketing
Corporate brands play a much more significant role in enterprise marketing than they do in traditional micromarketing. In fact, much of my book "Competing for Customers and Capital" is dedicated to highlighting the larger role of corporate brands and providing directions on how to deal with it. This is the 6th post in my series designed to document the larger role of corporate brands using real-world, real-time examples backed with published financial data.
The first post in the series was "Sears Brand Bonds," which took a look at how Edward Lampert captured the difference between the book value and the market value of the Sears brand name by issuing brand bonds. The second post applied these ideas to "Coca-Cola's Brand Bonds" to illustrate how the company might create new market value for its 200 lesser known brand names and, at the same time, resolve the ongoing battle with its bottlers. The third took a marketing oriented look at how to create value by co-branding a company's trademark and ticker symbol in "Southwest Airlines: Put a Little LUV in Your Logo." The fourth post on "Brand Value vs. Book Value" was a broad-brush portrayal of the difference between Interbrand values and book values of 49 of the most valuable brands on the planet. My fifth post in the series took this broad-brush analysis a step further by examining the "Interbrand Value and Market Cap: A More Meaninful Comparison" of the same 49 valuable brand names. This article focuses on the panoramic view of how all three measures of the value of a company's assets can miss a huge chunk of its market value ... this is what I call the "unaccountable." I picked Microsoft for the analysis because it's the second most valuable brand in the world, after Coca-Cola (NYSE: KO).
Microsoft's Accountables
The three existing measures of the value of a company's assets are (1) the book value of tangible assets, (2) the book value of goodwill and intangible assets, and (3) Interbrand value. In principle all three are what I call "accountables," because the first two already appear on a company's balance sheet and the third may yet find its way there.
Accounting rules that govern the book value of goodwill and intangibles are documented in the Financial Accounting Standards Board [FASB] Statement No. 142 on Goodwill and Intangible Assets issued in June, 2001. A quick take on this one-hundred and ten page document is available in the FASB Summary Statement No. 142.
It's clear from the headline to this post that the Interbrand value of Microsoft's brand name does not appear on its balance sheet. This simple fact provides a glimpse, when it comes to intangibles, of how reluctant financial accountants are to work with all the tools given them by the FASB. Here's what the Board says in its detailed statement on Goodwill and Intangible Assets:
The fair value of an asset (or a liability) is the amount at which that asset (or liability) could be bought (or incurred) or sold (or settled) in a currant transaction between willing parties, that is, other than in a forced or liquidation sale (# 23, page 13).
Since Microsoft is not about to sell its brand name to anyone, that seems to be the end of it. But it's not. On the next page, the FASB statement continues:
If quoted market prices are not available ... A present value technique is often the best available technique with which to estimate the fair market value of a group of net assets (such as a reporting unit). If a present value technique is used to measure fair value, estimates of future cash flows used in that technique shall be consistent with the objective of measuring fair value (# 24, page 14).
This reads like the methodology that Interbrand uses to measure brand value. So, why does Microsoft not take advantage of this option to value its brand name? I don't know the answer to this question. Perhaps some up and coming Microsoft employee does?
Microsoft's Unaccountable
In this chart I divided Microsoft's $276.4 billion market cap into the "accountables" and the "unaccountable." The accountables appear on the right-hand side of the pie. If Microsoft were to use Interbrand's methodology to value its brand name it would appear on the balance sheet as a $58.7 billion intangible asset. Its tangible assets were worth about the same as its brand name, or $57.5 billion. The combined value of the goodwill and intangibles that actually are reported on its balance sheet was $5.6 billion.
If you were to subtract the sum of the accounted for values ($122.9 billion) from Microsoft's market cap ($276.4 billion) you find its unaccounted for value on June 30, 2007 was $154.5 billion.
Accounting For the Unaccountable
Here's Microsoft's $154 billion dollar question: How can you account for the unaccountable? My hope is this post drives home the importance of finding an answer to this question. Fully 56% of Microsoft's market capitalization appears to materialize by magic! And that's only if you include the 21% represented by its Interbrand value.
Is it possible to account for the unaccountable?
FORD EDGE - • ULEV – Ultra-Low-Emission Vehicle
ultra-low-emission vehicle
The new 3.5-liter engine meets stringent ultra-low-emission vehicle
http://www.jdpower.com/autos/reviews/review.aspx?ID=1043
• ULEV – Ultra-Low-Emission Vehicle. Vehicles with this designation are 50 percent cleaner than the average new vehicle
http://www.jdpower.com/articles/article.aspx?ID=130
Can you please provide the Link?
SEMA - DR.GAS
http://sema.a2zinc.net/sema2007/Public/Booth.aspx?IndexInList=20&Upgrade=&FromPage=ExhibitorSearch.aspx&BoothID=5055851&Task=ExporterInfo
Dr. Gas Exhaust # 21036
9479 S. Sandy Pkwy.
Sandy, UT 84070
United States
Phone: 801-563-1111
Membership: SEMA Member
WEEE! WEEE! WEEE! WEEE! WEEE! WEEE! WEEE! WEEE! WEEE! WEEE!
SEMA - DR.GAS
http://sema.a2zinc.net/sema2007/Public/Booth.aspx?IndexInList=20&Upgrade=&FromPage=ExhibitorSearch.aspx&BoothID=5055851&Task=ExporterInfo
Dr. Gas Exhaust # 21036
9479 S. Sandy Pkwy.
Sandy, UT 84070
United States
Phone: 801-563-1111
Membership: SEMA Member
WE ARE THERE: SEMA - DR. GAS (map it)
MAP (Near Ford Motor Company) http://www.semaonline.com/expocadvr/shows/sema07/start.html?21036
Exhibitor Description:
http://sema.a2zinc.net/sema2007/Public/Booth.aspx?IndexInList=20&FromPage=ExhibitorSearch.aspx&BoothID=5055851
the company HAS ?!?!?!?!?!?! GOOD, GOOD, GOOD!!!!!
"We expect that the company has or will establish relationship with automotive company and/or their dealerships to provide the Aero Exhaust Systems as optional equipment on new vehicles.
E-mail from FCCN Investors
from FCCN Investors <investors@franchisecapitalcorp.net> hide details 2:13 pm (2½ hours ago)
to Vasco Gama <stocksjas@gmail.com>
date Oct 24, 2007 2:13 PM
subject Re: AERO - FORD
We expect to have much more information on the distribution of Aero's products in the coming weeks, but we do not know of any relationship that would make Aero an "official" supplier to Ford. Aero builds products specifically for Ford automobiles, as they do with other major vehicle manufacturers. We expect that the company has or will establish relationship with automotive company and/or their dealerships to provide the Aero Exhaust Systems as optional equipment on new vehicles.
We also expect an update very soon on the production of Aero products through Dr. Gas and the expansion of that relationship.
Given the information that has currently been released, that is all we have on those topics for the time being. We look forward to having more very soon.
Regards,
Public and Investor Relations
Franchise Capital Corp. (OTC: FCCN)
Telephone: 951-677-8073
Email: investors@franchisecapitalcorp.net
Website: www.franchisecapital.net
________________________________________________________________
Vasco Gama to investors
show details 9:31 am (7 hours ago)
Dear Sirs,
Can you tell me if AERO is an official FORD supplier?
AERO has any kind of agreement with Ford?
The Ford MRT Fusion T5 is equipped with MRT Aero turbine. (http://media.ford.com/newsroom/feature_display.cfm?release=24113)
How many cars were equipped?
Dr Gas will start making OEM kits this fall to AERO?
Thanks for your time
also...
DR GAS--->AERO---->FORD
The Ford F150 will be equipped with AERO Mufflers?
How many cars will be equipped with AERO Mufflers?
Are we a FORD SUPLLIER?
Good question.
Original equipment manufacturer, or OEM
is a term that refers to containment-based re-branding, namely where one company uses a component of another company within its product, or sells the product of another company under its own brand. OEM refers to the company that originally manufactured the product.
http://en.wikipedia.org/wiki/Original_equipment_manufacturer
Dr Wonderful,
Can you please ask Andrew:
The Ford F150 will be equipped with AERO Mufflers?
How many cars will be equipped with AERO Mufflers?
Are we a FORD SUPLLIER?
TIA
FCCN LOI with DR. GAS WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
MURRIETA, CA--(MARKET WIRE)--Oct 22, 2007 -- Franchise Capital Corporation (Other OTC:FCCN.PK - News), which recently closed its acquisition of Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and NASCAR Performance Partner, today announced that it has entered into a preliminary agreement in the form of a letter of intent to acquire 100% of the common stock of Dr. Gas, Inc., a producer of the finest racing performance exhaust systems for street and pro-race performance exhaust applications. Dr. Gas produces 90% of all exhaust systems used in NASCAR, Nextel Cup Series, Busch Grand Nationals, Craftsman Truck Series, and many more.
ADVERTISEMENT
Once sufficient due diligence is completed by the parties, Franchise Capital and Dr. Gas, Inc. expect to enter into a definitive agreement related to the acquisition.
Dr. Gas Exhaust Systems produces performance exhaust Xscream® crossover, y-pipe, oval tubing performance exhaust, and h-pipe systems that have changed the performance exhaust sound of NASCAR, IROC, drag racing, and pro-street. Dr. Gas designed and patented the revolutionary Spin Tech racing mufflers. Many standard and custom sizes of mandrel bends and oval tubing are the absolute best for high performance exhaust and ground clearance applications. The company has performance exhaust parts for car, truck, RV, motorcycle, marine, aircraft and industrial applications.
At its first NASCAR race, Dr. Gas shocked the sport with its new performance exhaust sound and added power on Sterling Marlin's winning 1995 Daytona 500 racecar. Many of its patented NASCAR performance exhaust systems can be used in street rod performance exhaust applications.
The acquisition of Dr. Gas, Inc. is expected to provide the company with multiple benefits due to its significant synergies with the operations of Aero Exhaust. Once the planned acquisition is consummated, Dr. Gas will contribute to increased revenues and asset valuation for Aero. Possibly even more significant for the business of Aero itself is that Dr. Gas, Inc. is expected to contribute to the growth of Aero through the fabrication of components for Aero products, including recently launched full exhaust systems. Dr. Gas, Inc.'s fabricating capabilities are expected to increase the availability of Aero's new line of full turbo and cat-back systems diesel exhaust systems, referred to in marketing documents as "kits," which include all parts from the catalytic converter, turbo charger or muffler back to the tailpipe. Improved supply will help Aero to meet the demand for its products in the automotive supply market.
For more information on Dr. Gas, Inc., please visit http://www.drgas.com.
"We are extremely pleased to announce our initial agreement to acquire Dr. Gas, Inc.," stated Bryan Hunsaker, chief executive officer of Franchise Capital and Aero Exhaust. "While the demand for Aero's products has been high, distribution has been limited by the lack of sufficient inventory of piping for our full exhaust systems. The company's 2007 financial performance was hindered by a lack of supply of products for distribution, and the acquisition of Dr. Gas is expected to remedy this shortfall. Aero's distribution partners are anxious to have a larger supply of our full exhaust systems and we strongly believe that through the acquisition of Dr. Gas, Inc., Aero will be better able to supply our distributors and improve the company's revenue performance.
"Dr. Gas, Inc. is not only a highly respected name in racing circles, but it is also a mature company with significant revenues and the machinery and manpower in place to deliver the necessary components to accelerate the availability of Aero's products. We look forward to providing additional information related to Dr. Gas, Inc. in the near term, so that our shareholders begin to understand the tremendous upside potential of our latest strategic acquisition," added Mr. Hunsaker.
To sign up to receive information by email directly from Franchise Capital Corporation, including notices when the company issues future investor newsletters, please visit http://www.franchisecapitalcorp.net.
About Aero Exhaust:
Aero Exhaust is a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Its 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. 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.
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/A for fiscal year 2006 filed with the Securities and Exchange Commission.
LET'S SPREAD THE WORD....TO THE WORLD
Question to the board:
Remember the quality certifications ISO ?
It's here...
https://portal.covisint.com/portal/public/_l:pt-br/_ns:YTIzMDg4fGMwfGQwfGVkZXRhaWxJZD0xPTIzMDg4/tp/fsp/PotentialSuppliers.psml?doc_id=f4773e25016fb4aca3fb1548f65e471c
Good morning
QUESTION TO THE BOARD....
Are we a FORD SUPLLIER?
https://portal.covisint.com/portal/public/_l:pt-br/_ns:YTIzMDg4fGVkZXRhaWxJZD0xPTIzMDg4/tp/fsp/PotentialSuppliers.psml?doc_id=debdda7ac452bf618dc649275096136f
If we are a FORD SUPLLIER our Financials were audit and approved by Ford.
Good Morning....