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Re: Capital Gains post# 82560

Friday, 10/05/2007 8:19:44 AM

Friday, October 05, 2007 8:19:44 AM

Post# of 162847
PR implies FCCN to get MORE than 50% of AERO

"The definitive agreement between Franchise Capital and Aero Exhaust was executed in January 2007, and at that time, Franchise Capital announced that it expected to exchange up to 95% of its total issued and outstanding capital stock in exchange for all of Aero Exhaust's issued and outstanding shares."

We're getting ALL of AERO outstanding shares in exchange for 95% of ours then ADD the extra percent we get for giving them the loan.

Looks like FCCN is getting MORE than 50% of AERO.


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