Aero Performance Products Inc (fka AERP)

[Ineedmoreshares]

Here's where Peacock said AERO got ESCROW

For anybody who may doubt that the 850,0000,000 GGI escrow account was also set up to pay the 1.9 million dollar loan to AERO, here's the two quotes from Peacock which prove it:

From the January 30, 2007 PR:

"The escrow agreement was designed to allow Franchise Capital to set aside a sufficient number of shares to cover both the settlement of debt and to allow access to capital as the company moves forward with its acquisition of Aero Exhaust..."

http://www.franchisecapitalcorp.net/upload/FCCN_PR_01-30-07_8-K.pdf

Look at that, in hindsight it seems so obvious. Peacock tells you the escrow agreement was "designed" to set aside capital for "BOTH"

1. "settlement of debt"
2. "access to capital as the company moves forward with its acquisition of Aero Exhuast"

And from the March 14, 2007 PR which discussed the annual shareholder's meeting, please pay close attention to the language employed as to the nature of AERO's loan:

"Among the topics addressed was the amount of capital currently drawn down by Aero as part of the $1.5 million loan made available by Franchise Capital. Mr Peacock estimated the total amount drawn down to be approximately $1.2 million thus far."

Aero's loan was paid via shares from the escrow account. It was not a cash payment. The 8K should bear this out.