It gets better! Read between the lines. "From the time that current management was appointed to lead Franchise Capital, we have targeted compliance as a major goal, and this corrective action was necessary to ensure that Franchise Capital remains in good standing with its state of incorporation as well with S.E.C. requirements for public companies," stated Mr. Peacock. "Whatever future potential restructuring that the company may undertake as a result of its anticipated acquisition of Aero Exhaust, Inc. will follow the proper procedures as outlined by the company's bylaws, the state of Nevada, and S.E.C. regulations."
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