In the end, when all is said and done, we will have 15% of AERO instead of a puny 5% because of this financing deal and how these escrow shares will be used. First off all they will be used so Javelin can have a majority vote at the shareholder meeting so they can quickly change FCCN from BDC status to regular corporation status. How the escrow shares will be used to structure the final share count after the merger, I do not know. Javelin could not give those details out per SEC regulations. They did say however that the final share structure would result in FCCN recieving a 15% stake in the merged co.!
They also said that after the merger then major underwriters and "big money" would take notice of the co. and it's intention to move to a bigger exchange. And that's when things should really take off! I got the impression that the final target share price and structure would be geared for a easy attainment of qualification to a higher exchange.
I feel much better about the merger know than I ever have, and since Javelin recognizes the bewilderment and doubt that improper disclosure caused and thus an insane retracement of share price(come on 80%?, after it is confirmed that this merger is going to happen? Even with tempory confusion, some are most fickle!) They will not only have full disclosure of the finance deal and it's purpose, but a actuall shareholder conference online so they can get in touch with us, our ideas, concerns, hopes and ideas! They made it clear that it was not their intention for the 14a to cause confusion and a drop in PPS, so they are going to "get in touch" to establish good communication lines! Mr. TrendGreen
A WinningTrade is the only Trade to Have.
