Aero Performance Products Inc (fka AERP)

[EarnestDD]

Aero had to raise money to pay out Boyd in Cash.
This was previously announced.
Aero also had to raise money to sustain their existing unprofitable operations.
This is evident from the filings.

I believe it became an issue that they could NOT do Both.
They simply could not sell enough shares fast enough to do both.

I also still believe that Aero management put the cart before the horse in announcing a deal when they did not have the valuation tied down.
Poor management practices are in play here.
jmo