Aero Performance Products Inc (fka AERP)

[Quixotic1]

I agree with your assessment. The terms of the financing agreement preempts the need for FCCN to dilute the float...instead, it issues 144-shares to GGI. FCCN raises the money they need to bring the shell into compliance without having to bloat the float on the open market.

If FCCN needs a little more capital to get the shell ready for merger, all they need to do is pay GGI $1.00, get $10.00 back in a mandatory stock purchase, and issue 144-restricted shares out of escrow at a quasi-market price. This is a win-win for everyone. The other option for FCCN is to sell shares on the open market…bloating the float…destroying investor value. GGI has provided FCCN with a creative line of credit…without which, FCCN would not have the resources to complete the clean-up.

I still maintain that the float is about 60M shares…not 140M; remember, the 83M shares recently issued to GGI are 144- restricted shares.