The 8k is required within 4 trading days actually.. so if the close happens tomorrow.. it would be due on Thurs Oct 11th.

Gonna be some fun times!!!

HS.. I agree that it will be tomorrow (unless of course it was today).. keep in mind that they can't PR it until the signing of the documents takes place.. so if it happens tomorrow afternoon we wouldn't get a PR till AH tomorrow of Fri Morning.

The fun is about to begin!!

The only insider trading...
In the last two filings were buys.

Yes, but there could still have been insider selling.. it's possible the Form 4's just haven't been filed yet.. I would say that it is exception where a company is current on all their Form 4's..

BUT, you are forgetting about the shell game with the debt and the warrants.. we still don't know exactly where those warrants are.. could be that they are no longer technically in the possession of an insider and therefore could be exercised and sold freely. Of course my suspicion has always been that the money from the exercise of those warrants will still find it's way back to Nick.

Anyway, I will check with the transfer agent this afternoon if I have time.. but I'd be willing to bet we've experienced a slow bleed of dilution over the past few months.. and it will only get worse IMVHO.

uh cash.. you need to read the 2006 fins.. they are updated in the subsequent events section through 10/1/07.. so they include all equity transactions up till that point.

workout.. what you are saying is absolutely, unequivocally untrue.. EVERY public company is afforded the Safe Harbor provision as part of SEC regs.. It's a gift from the SEC.. and this language will be included with every Press Release or filing in which that public company makes forward-looking statements.

I spoke with Les Eveneshen, the CEO of DGIA, this morning and the deal is very much on.. believe me.. I have heard the rumors too which is why I asked Drew about it and he patched me in to speak with Les.. who was up in Toronto at the airport. They are working on trying to retain a gentleman who will help market the software and seminars in a package.. apparently this person has alot of experience in the marketing arena and they can't kick things off without him.. I believe he mentioned that this gentleman was involved with an effort similar to the ForEx platform that is currently being marketed on TV.. and has had much success previously. Unfortunately he already had a prior commitment that prevented him from starting right away.

i don't know.. but Drew said they faxed them yesterday.

exactly knowles.. how about they first deliver on the things they've already alluded to in past PR's.. then we can talk..

And you're definitely right about the dump on news.. betcha big money that Nick sits with his finger on the sell button every time they PR..lol

i spoke with him and Les, the CEO of DGIA this morning.

Drew already exercised his conversion rights and they are included in the o/s.. fyi..you can't have an a/s lower than the dilutive potential of your outstanding preferred's.

How do you know some are not?? He told me that he has 30 Million free-trading shares.. but he claims he hasn't sold any of those.. again, this should be available once the transfer agent is accessible

Yes.. EVERY SINGLE SHELL COMPANY that is reporting, but not an operating company, will have that "Going concern" language in the opinion from the auditors.. Every single one.

My understanding is that it is 51%..if it wasn't, they would not have voting control of the company...but I will find this out.. i've been on the phone with Drew..he had to take another call but when he calls me back I plan to have him patch me into transfer online to get specifics (something Drew said he would do).. I have also recommended that they send a notice to the TA to allow shareholders access to this info.

Btw, Drew has always maintained that he hasn't sold any of his shares.. and I am going to confirm this with transfer online.. and hopefully soon everybody else will be able to do the same.

Standard boilerplate language for a company at this stage of it's development.

No.. you're incorrect.. and the majority of the O/S shares are stock held by officers.

Fins are out gentlemen..

http://pinksheets.com/otciq/ajax/showFinancialReportById?id=12026

IMO this was the last step before they sign the papers for the share exchange.. we do still need a Chairman of the Board for AERO.. which should be interesting.. but I don't think we'll know that until the 8k.. the clock is ticking here.. things should heat up VERY soon IMO

Exactly Realtor.. and that "settlement" if you want to call it that, was nothing more than financing whereby FCCN used Sequoia as the middle man to pay off an outstanding liability.. nothing more nothing less.. and it is fully closed for all to see.

And what if they announce the close of the acquisition Wed AH.. or Thurs pre-market?? Could very well happen. At this point the only thing left that needs to happen, other than perhaps some more people movement, is for the two groups of mgmt to get together for the share exchange which from my understanding is nothing more than a paper signing event. If you want an example of what can happen to PPS the day that is announced take a look at what happened with GTEC yesterday.

All I know is that in less than 3 days we will be AERO and good things are in store for those who choose to come along for the ride. IMVHO

Change..

1) ALL common shares would be subject to a split if that were to happen..it's impossible to exempt certain common shares and not others.. thus GGI would gain nothing from a split, because their shares would be subject to a split too.. By the way, AERO has approx 200 shareholders, which include members of their board, dealers, UTAH businessmen, and at least one 5% holder.. and I don't think any of them would take too kindly to a reverse split that wasn't accretive in nature..to translate that for you. unless the split was intended to achieve a PPS for the big boards.. it aint gonna happen.

2) Not sure I understand your question or concern.. but the float that will be the o/s going into the merger is the current o/s less the escrowed shares.


3) Not sure.. but perhaps this has something to do with it..
The quotations reflect inter-dealer prices, without retail mark-up, markdown or commission and may not represent actual transactions.
Hardly a big red flag to me..

4) There are no "phantom shares" as you call them.. and it doesn't state that the auditors were paid in shares.. there were approx 22M S8 shares issued as payment for back wages.. and the filing to accompany it.. and 17.5M shares issued as settlement of a past liability. Simple.. this is a public company and they let you know openly what they're doing.

5) YES THIS LANGUAGE ABSOLUTELY IS BOILERPLATE.. the auditors simply cannot state otherwise in their opinion because FCCN is NOT an operating entity.. they are a fully reporting shell with an acquistion scheduled..yes..but a pending transaction does not an operating entity make..and I think we can all agree that without AERO or another R/M candidate that is an operating entity, FCCN simply cannot or could not survive.. that's just common sense.

The share purchase is the financing for the merger!!!! The deal was structured so that GGI would be paid back through the debenture conversion.. while at the same time finance AERO's plans for expansion and the merger costs.

I answered this in post #80379

That's a deal as long as you post the dealer name, phone number and name of the person you spoke with so that it can be verified. thanks.

Change.. perhaps you could pick up the phone and call just a few of the over 1000 dealers that can be searched on their website.. they can surely give you a first hand account of how many mufflers they sell each month..and the popularity of this brand.. until you have done this rather simple dd.. as I have.. I think it's rather silly to question the validity of the company, it's products, and the potential that exists.

LOLOLOL.. yeah.. ok..puppet..you asked for a link.. but then decided that the link wasn't valid because you didn't like what it said. Well too bad.

Anyway, let me ask you this..What did you expect??? ALL INFORMATION pertaining to expected SHARE STRUCTURE for the PUBLIC COMPANY will be provided by none other than.. you guessed it, the PUBLIC COMPANY.. NOBODY ELSE CAN PROVIDE IT!!!! Last time I checked, you couldn't go to General Motors to get the share structure information for Ford.. Or I couldn't got the Reuters and ask them to please give me the share structure for Dell.. Third parties can't do that!! LOLOL.. this is just becoming silly. And by the way, before you bring it up.. no, the Transfer Agent won't have this information yet. These are details that will be included with the 8k filing after the transaction closed.

Agreed.. If you ask a person in jail if they're innocent.. what do you think they are going to say?? lol It's just a bit odd to defend a convicted criminal based on the criminal's own account of how things transpired.

Raggs..I already provided the link for him.. but I agree, for those who can read things are quite clear here. lol

Here is the link..lolol.. you asked for it!!!! lololol


http://biz.yahoo.com/iw/070917/0302936.html

Current Franchise Capital shareholders are not expected to be required to tender shares as part of the close of the transaction. Aero Exhaust shareholders will, as part of the close, tender their shares of Aero Exhaust and will be issued restricted common stock of the public company in a percentage commensurate to their percentage ownership of Aero Exhaust and the final percentage of Franchise Capital stock that Aero Exhaust shareholders will receive in the transaction.

Included in PR dated 9/17

http://biz.yahoo.com/iw/070917/0302936.html

Call FCCN IR.. current AERO shareholders will be required to tender their shares and in turn will receive shares based on the terms of the agreement that are restricted with a 144 legend.

Yeah.. ok.. can you prove that's what they did? Since when is "what you think" solid dd????

Another explanation is that the info you pulled represents just ONE warehouse location.. I looked up the company I work for and D&B has us listed several times..

So using that logic..perhaps AERO may have

28 Warehouses*800k Sales = 22.4M in Total revenues

Because in previous posts by you and your friends.. you have proven that AERO has been around before 2005.. so 2005 can't be accurate.. are you stumbling upon your own dd?

or perhaps is this just ONE warehouse location.. I looked up the company I work for and D&B has us listed several times..

AERO may have 28*800= 22.4M in revenues

As a result of this trend and the ever-growing consumer base, cat-back systems are the fastest growing segment of the performance aftermarket

hmmm.. looking good for AERO.. looks like they know exactly which product lines to expand and which customers to target.

That is, in addition to pursuing OEM and dealership agreements. AWESOME!!

Which is interesting because we know for a fact that date is incorrect.. so already your report has problems.

puppman.. the date you "pulled" the report and the record date for the info in the report are two different things.. but of course you know that.

LOL

You got it Bellman! Or how about AEROX or TRBO?? We will be built for speed soon!!

Uh.. Sequiam is not rely claiming to have much of a "relationship" at all with Microsoft.. re-read the PR.. the name dropping is for affect.. it's not like Miscrosoft is buying ANYTHING from them.. or partnering on distribution.. or anything of that nature.. I could say I was a partner with Microsoft tomorrow if I wanted.. because I bought their Window O/S..lol.. it means absolutely nothing. Lots of companies have partner programs.. it means nothing.. like I said, it mentions nothing about the expected impact to revenue, or any benefit whatsoever. It's for no other reason than to bolster PPS for the company (Nick) to sell shares IMVHO.

Many loaded in the triple z's and can pull a 200+% gain selling here, pretty smart, imo.

Well, if they loaded in the triple z's they did it back in Dec 06..because it hasn't been back down that low since.. but I highly doubt any of them are around these days..most likely sold in the first run up. The new crop of investors are primarily longs who've held since the first runup and most are holding tight. I'm not naive to think no long has sold any of their shares but I think most know the gem we've got here and are in it for a long-er timeframe than most pinksheet players would be.

I know that I am.. this is definitely investment worthy and will undoubtedly show very high returns for those that can hang in.

Please show me specifically where in that PR it discusses the benefits of this certification and how it will impact future revenues.. If there was an added benefit there you'd think they would talk about it. They talk about other things.. but don't link the two from a growth standpoint. Like I said, Classic Sequiam PR.. throw out a name.. or suggest something "big" is in the works.. but when it comes down to it.. they never deliver the revenue.. and more importantly, PROFIT. I'll stand by my previous statements.. this company will NEVER make a profit.. NEVER. Nick will have taken his show on down the road.. and the distant cousin of "Sequiam Sports" will have morphyed into you another entity that he can use to play his game.