Aero Performance Products Inc (fka AERP)

[GoldenStar]

idjf

"Well if that's what you
think that's fine. But
Aero has filed on time
in the past, unless you
can tell me when they didn't.
As far as a meterial event,
it is allowed to be in the
filing at the end of the
month."

Yes I can tell you when they did not file and I can also tell you when they did not file at ALL!

They never produced an 8K filing on the supposed termination of the javelin "contract" that contract was filed in an 8K on October 19th, 2007, they disclosed the responsibilities of all parties and I believe they disclosed that Javelin would be payed 20K per month for services, apparently Aero Management deamed that "contract" with javelin as a Material Event or they never would have included it in that 8K, and they never filed an 8K stating the "contract" was terminated that was not supposed to end until October of 2008 just a month away? With that said you still have the IR guy Andrew Beyer who uses the same Address as javelin, the same phone number and fax number as javelin and the last filing on record for Aero was filed by a Javelin employee not CFO Solutions? And that was after Javelins "contract" was supposedly terminated?

And just a week or two ago cantgetmyname with a tad bit of good ole fashioned DD unveiled a ucc filing in Utah showing that Mr.Richards loaned Aero money and the collateral on that loan is ALL OF AERO'S assets both current assets and FUTURE ASSETS and weeks after that ucc filing you still have no 8K?

As far as some reposting that it is O.K. for Aero to file later? The SEC states they "CAN" but only after "FAILURE" to do so in a timely manner and that is exactly what Aero has done, FAILED TO DISCLOSE MATERIAL EVENTS IN A TIMELY MANNER.....

The following guidelines are set forth from the SEC about filing an 8K, I have reposted here and it clearly shows that Aero had 4 Business days to file an 8K and they have failed to do so now on at least 2 occasions if they are being accurate in their PR's?

"The amendments also shorten the Form 8-K filing deadline for most items to four business days after the occurrence of an event triggering the disclosure requirements of the form."

"They are intended to provide investors with better and faster disclosure of important corporate events."


"Under the previous Form 8-K regime, companies were required to report very few significant corporate events. The limited number of Form 8-K disclosure items permitted a public company to delay disclosure of many significant events until the due date for its next periodic report. During such a delay, the market was unable to assimilate such undisclosed information into the value of a company's securities. The revisions that we adopt today will benefit markets by increasing the number of unquestionably or presumptively material events that must be disclosed currently. They will also provide investors with better and more timely disclosure of important corporate events."

"On July 29, 2002, Congress enacted the Sarbanes-Oxley Act of 2002.22 Section 409 of this Act requires public companies to disclose "on a rapid and current basis" material information regarding changes in a company's financial condition or operations as we, by rule, determine to be necessary or useful for the protection of investors and in the public interest."


"A company must disclose the following information upon entry into, or material amendment of, a material definitive agreement:

* The date on which the agreement was entered into or amended, the identity of the parties to the agreement and a brief description of any material relationship between the company or its affiliates and any of the parties, other than in respect of the material definitive agreement or amendment; and

* A brief description of the terms and conditions of the agreement or amendment that are material to the company."


"We have clarified that only agreements which provide for obligations that are material to and enforceable against a company, or rights that are material to the company and enforceable by the company against one or more other parties to the agreement by the company, are required to be disclosed pursuant to Item 1.01"

PAY ATTENTION TO THE FOLLOWING AS IT RELATES TO THE SUPPOSED TERMINATION OF JAVELIN, WHY DID NOT AERO FILE AN 8K?

"We are adopting a new Form 8-K item requiring disclosure if a material definitive agreement not made in the ordinary course of business to which a company is a party is terminated, other than by expiration of the agreement on a stated termination date or as a result of all parties completing their obligations under such agreement, and such termination of the agreement is material to the company. In such an event, the company must disclose the following information:

* The date of the termination of the material definitive agreement, the identity of the parties to the agreement and a brief description of any material relationship between the company or its affiliates and any of the parties other than in respect of the material definitive agreement;

* A brief description of the terms and conditions of the agreement that are material to the company;

* A brief description of the material circumstances surrounding the termination; and

* Any material early termination penalties incurred by the company.5"

THE ABOVE is just a taste of the rules the SEC has set forth regarding the requirement for an 8K filing and it is my opinion when reading the above that Aero has failed to file multiple 8K's in reference to the termination of the Javelin "contract" that the company put out a PR on but failed to produce an 8K on and of course the BIGGIE which is the recent loan from Mr.Richards which ties up all of Aero's assets and it doesnt get any more "material" than that folks and Aero has failed to provide an 8K on that event as well and according to the above they had 4 days after those events to file an 8K and to date still no filings?

http://sec.gov/rules/final/33-8400.htm