Aero Performance Products Inc (fka AERP)

[EarnestDD]

A reverse merger is when the shareholders of the target company (in this case AERO) post merger control the majority of the issued and outstanding shares of the public company (in this case FCCN).
An acquisition is when the public company (FCCN) purchases the target company for shares and cash and the public companies shareholders retain control of the merged entity.

From my read of the filings, with FCCN issuing up to 95% of its shares to AERO shareholders this will definitely be a Reverse Merger.
And that makes sense because the fair value of FCCN is only the value of a shell whereas Aero is a valuable company.

Andrew tells conflicting stories.