Aero Performance Products Inc (fka AERP)

[cindyyoohoo]

BB, just curious, are you planning to vote to withdraw the company being treated as a BDC???
Did you read what it said about what may happen when that occurs? The dilution part?

"If the stockholders approve this proposal and the Board withdraws the Company’s election to be treated as a BDC, the Company would no longer be subject to regulation under the 1940 Act, which is designed to protect the interests of investors in investment companies. However, the Board would still be subject to customary principles of fiduciary duty with respect to the Company and its stockholders.

As an operating company, the Company (i) would not be limited in the amount of excessive leverage that it could incur, (ii) would be permitted to issue restricted stock absent an order from the Commission, and (iii) would not be limited in the amounts or types of compensation that it could pay to executives.  Each of these could result in increased dilution to our common stock shareholders."