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McCoy won't do anything unless David R. Ok's it. It's David's ball to run with at this point.
Actually kinda surprised about no update on the suit at this point. The way its been portrayed it was a pretty open and shut case.
The whole thing been pretty odd. Looks like someone tried to run it. Got zero traction and sold off their shares. Honestly think they had no idea about the lawsuit
There hasn't been any update yet.
That's my view also. See what gets posted today for a resolution.
I did and you didn't answer the question that was posed to you.
You are dancing around the question. Either you do or don't
You said that was a contract. That's certainly was not a contract. A 3 sentence paragraph? Where's the beef?
Hey Touc,
Here's it in a nut shell. AERO really doesn't have much to it. Basically one of the major shareholders David richards holds all the patents. Another company bought the liabilities and existing stock inventory(flo-co) It's shady but a smart business move for aero. Downside they can get a bunch of aero stock(though they can't convert based on the o/s and current a/s). AERO still gets some rev's based on the deal. As for how much it's unknown. The CEO Bryan Hunsaker pretty much went bonkers(cracked under pressure) and resigned. David Richards is the real mover behind the scene's. He's from a pretty well connected family in Utah(One of the first families in the mormon church). As for the current guy in charge he's a javelin flunky and pretty much a warm body. As for who wins control pretty much depends on the NASCAR suit.
That's a contract???
Hey Touc,
To answer your question the suit should be done at the end of the month. It's been delayed a few times. As for the outcome, I really don't have any idea. Only took 2 pre-law classes in college an eon ago. AERO did not fulfill their 3rd year payment to NASCAR. On the flip side it didn't appear NASCAR didn't too much for them either. Though I'm not sure what NASCAR gains if they win(you can't get blood from a stone). AERO is in rough shape. Though stranger things have happen.
Short story the acquisition didn't happen. Company doesn't have much unless the NASCAR suit is done and AERO came up on top.
Honestly no idea. There shouldn't be anything causing this
This doesn't make any sense at all. The stock's pretty dead until the suit is done. Who the heck is trading this thing?
Seems pretty weird to say it's maxed out and then say it isn't. Though until the suit gets resolved I think its moot. Personally I hope the shell goes to NASCAR and let them dispose of it as they see fit. Would cut the line with a bunch of people,
Well if it doesn't really matter you, then I shall continue along in my discussion 4kids about what we think...
Agreed until the Nascar suit gets setteled there isn't much movement with AERP. I'll have to look at this penson company.
I'm kinda curious myself. Since we did get told the O?S is maxed out and aero's been dumping shares months ago, what shares are they dumping now. Seems pretty ridiculous to say aero maxed out months ago and then to say aero's maxed out now.
I thought Andrew Beyer was a bagger at Walmart now? It's not like he does much with his clients...
I'll believe it when I see the filings show up
No idea. I'm hoping Nascar just takes the shell..
Not really also
Unfortunately it is not unexpected
Scottrade doesn't show anything ;)
Well since you need to file some paperwork to change the symbol I'd say etrade screwed up.
You do realize the trading symbol is AERP not FCCN...
Not True??!?!? Making fictitious employees that don't exist? Now that is laughable. I checked your story a long ways back... There was only one install tech at MRT...
Thanks Fin,
You take care of yourself.
Interesting I'll have to look at that.
Another ID I think this crew was using
http://investorshub.advfn.com/boards/profile.asp?user=77783
Does Downshire play into also?
http://www.downshirecapital.com/
They ran a bunch of boards with mods being promoters
Yup he was a complete nutjob. He was babbling about getting an air force base to buy AERO mufflers. I thought he was a complete loon now I realize he was a completely crooked loon with ihub.
I talked to Nathan once back in 2007 about FCCN and he was complaining about the PR's and how he could write better ones. He seemed to be a complete nutjob to me but I didn't know back then what I know now.
Nathan Michaud and La Jolla Cove/GGI put together
http://www.accessmylibrary.com/coms2/summary_0286-8934712_ITM
Guess they go way back
I wonder if any are from La Jolla Cove, Golden Gate Investors, or Downshire Capitol
My Guess is GGI/La Jolla Cove investors gave out a bunch of shares of of the escrow back in 2006 to a few of these folks to run it up. Back when they gave the 1st disbursement accoeding to the filing the amount given out did make make any sense to amount drawn don on the C/d owed to them. They got 10x what they should've based on the trading price. But I was pretty naive back then to ihub and "how things worked"
Mr.Trendinggreen and Nathan1
One way or another we'll find out what's the status.
Anything like that should also come with a disclaimer stating that they are not a licensed broker.
Well if Mr.trendgreen aka michaud got shares from GGI back in 2006 along with a few other folks now long gone should be interesting after he finishes making his deal with the feds. He's the mouth piece not the ringleader. He had his hands into a few pockets