AERO already received their shares...
AERO is one of us.
That's the part you're not comprehending.
Mr. Bojangles wrote:
"FCCN shareholders hold 564 million shares at this current time. How in the hell do you think that number will be lower?"
I'm not saying it will be lower. It will be the same.
You're dismissing the fact that the merger has already been completed. All of the PRs and SEC filings tell the true story.
FCCN shareholders own 564,000,000 shares. After the GGI escrow was completed, there were 964,000,000 shares in the O/S and then 400,000,000 were retired.
The trick or treat of the merger was the fact that AERO received the bulk of their shares from the GGI escrow, but this fact was cleverly disguised by Peacock's deliciously deceptive PR wordings.
The incredible genius of the deal is that AERO was given the bulk of their shares via the loan arrangement which called for the loan to be paid via a "draw down" from the escrow account.
So AERO got hundreds of millions of shares from the escrow account at far below market prices and those shares are not restricted.
The 564,000,000 share O/S includes:
- all of our shares and your shares
- all of the shares converted from escrow
- all restricted shares of FCCN
You need to understand that GGI was not the only beneficiary of the 443,000,000 shares converted from RESTRICTED to common stock via the escrow agreement. AERO was also drawing down shares from escrow.
The funny part, is that Peacock told us that, but he was very sneaky about it. Still, it's all there out in the open for everybody to see.
FCCN didn't dilute from the 4.25 billion "authorized" shares at its disposal. The PRs tell us that ALL of the shares tendered to AERO in the deal came from the escrow AND were supplemeted by "RESTRICTED" shares.
It's important to note that RESTRICTED SHARES, by definition, are "issued and outstanding shares" NOT "Authorized Shares".
Authorized shares are, by definition, NOT "issued and outstanding.
Once the light goes on, you will be blown away like the rest of us.
The coolest way to describe this deal is to think of it as one of those psychedelic magic eye 3D things. It looks like gibberish until you crosss your eyes and see the promised land.
With only 564,000,000 O/S, a serious PPS increase will lead to a much faster uplisting. If AERO was looking to uplist, than they certainly didn't want to see any dilution. The lower the O/S the better chance for uplisting.
The deal these guys did was pure genius.
Bravo, Mr, Peacock, Mr. Hunsaker, Andrew and Gemini.
BRAVO!!!!
