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Re: WinningTrade post# 32620

Wednesday, 01/31/2007 3:35:55 PM

Wednesday, January 31, 2007 3:35:55 PM

Post# of 162847
You are correct.

Let's "do the math" on how that works out for GG. They bought 186,376 shares for $186,376 from FCCN. Now..on the other hand, they were issued 83,121,521 shares for $18,636..a rather good deal. They could have easily sold 80,000,000 shares @ .02 (or higher) & taken in well over 1.2 Million Dollars. Wow! If I could sell shares I purchased for less than 20 grand for over 1 Million..I'd gladly buy another 186,000 shares for 186 thousand dollars. I might even consider it a "kickback".

Luckly for Golden Gate, they get to repeat the process again & again.

BTW.. You never did answer why Aero needs a revolving loan from FCCN. TIA

In conjunction with executing the definitive agreement, Franchise Capital has agreed to provide a revolving commercial loan to Aero Exhaust in the amount of $1,500,000. The loan bears interest at the prime rate and is due and payable in 18 months. Notwithstanding the payment terms, the loan and any accrued interest are convertible into Aero Exhaust common stock at the time the share exchange closes.


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