Aero Performance Products Inc (fka AERP)

[theschwartz]

GGI

There was a lot of discussion concerning GGI, but nothing that has not been already brought out. GGI can draw down shares if they wish based upon the current formula, and FCCN has no control over this. However it makes no logical sense for GGI to draw down a significant number of shares. The escrow share possibilities were also discussed, but it only resulted in guesses by FCCN and us.

FCCN/Javelin does not really know what Aero is going to do with the structure once the merger is complete. If all of the shares in escrow disappear then there may not be a RS. If there are still close to a billion shares outstanding at that time then there should be a RS in order for Aero to jump to a higher exchange. Aero does not want to only move up to the OTCBB, but wants to be an AMEX or NASDAQ company.

The bottom line is that GGI is only owed $200K + some consideration. That is absolutely peanuts in the total scope of things. I do not think a private placement is necessary since a profitable Aero should be able to take care of it with no problem.