Aero Performance Products Inc (fka AERP)

[StocksXpert]

Goldenstar wrote
"The O/S was around 73 Million shares about a year ago and now it is well over 2.1 Billion shares! that is massive Dilution"

What are you talking about, they increased the OS at the time Aero went public. Man, what dilution are you talking about. Go back and read the details of the closing agreement on the 8-k filling.

Here it is.
http://www.sec.gov/Archives/edgar/data/1160598/000126246307000125/fccn8k102007final.htm

Add:

4kids post explains pretty much what actual dilution they did. Everyone knew this was going to get done eventually, nothing new.

6M for ggi escrow
72.7M for a 3a-10 filed in oct .. noted in nov 10qsb
and 310M .. another 3a-10 filed in jan .. noted in feb 10qsb

So.... 1.7B + 400M = 2.1B I am sure they added more since February till now, I am estimating around 300M or less. The OS could be at 2.4B, so what? It doesn't change things a bit.

Add:

As a part of the close of the acquisition, Franchise Capital has also announced that the balance of
the debenture owed to Golden Gate Investors as part of a debt obligation that dated back to June
2004 has been satisfied, and the escrow account set up as part of the settlement has been closed.
With the entire debenture redeemed, approximately 400,000,000 shares of restricted common
stock that remained in escrow are being returned to the company’s treasury for cancellation.

“We are also pleased to announce the payoff of the debt obligation entered into by previous
management and that approximately 400 million shares of common stock are being returned to
the company’s treasury for cancellation. Payoff of this debt was an essential element of the
clean up of Franchise Capital to make it the appropriate public vehicle for Aero Exhaust.

http://www.aeroperformanceproducts.com/upload/FCCN_PR_10_4_07_Close.pdf