Originally Posted by cassity
-They will be announcing all business for Aero, now that the definitive agreement is complete. He expects a very active PR campaign.
-Javelin is doing FCCN's audits
-Private firm is doing Aero's audits
-Developing a new website now that definitive agreement is complete.
-Should be an update on Aero's distribution
-Should be update on 1.5 million given to Aero (within days). (explanation if it was a private placement) He said, it like giving money to yourself. He also stated that in manufacturing(which I'm getting my degree in) a company will have loans of hundreds of millions, even if they make 100's of millions.(I was already aware of this) They need the money for RIPID growth.
-There are many filings that FCCN needs to get cleaned up. FCCN was a lazy piece of chit company.
-Aero value will decide where we are listed after merger. People wanted unaudited fins on Aero, he said that this would be very dangerous. If they were off on the unaudited fins, the board could be sued and it could do more damage than good.
-Stated that being a pinksheet company and being involved with NASCAR, would not be a good idea. Aero will NOT be a pink.
-I spoke to him about a previous merger he was involved with(Nicholas and some Chinese company) He stated this acquisition will better. The Chinese company came in with their own management and completely dropped the ball. They didn't put out any PR's and wanted to do everything themselves. There was more to this, but that's the highlights.
There was also more to the conversation, but you would just have to be there. The main thing I received from the call is that there is much more news to come. Some will come in the short term and some will take awhile. Point is that they are completing the deal and they are doing it RIGHT. So go listen to some dumb-ass basher or relax, as for me, I think I'll take a break from all the B/S. It's going to happen and it's going to be BIG. GLTA
AI
