Aero Performance Products Inc (fka AERP)

[Aero Will Make It]

I think a lot of people did not read carefully. here is what I read. Very clear the reduction in liabilities has not been shown yet. But the dilution has so people are getting a bad feeling. Just read carefully below!


The period reflected in the filing ended before the company announced that it had sold a majority of its interest in TTR-HP, Inc., which does business as Aero Exhaust, Inc., to Flo-Co, LLC. The sale of TTR-HP was undertaken, in large part, to eliminate a significant majority of Aero Performance Product’s liabilities as reflected in its consolidated financial results and to therefore allow Aero to move forward with its planned acquisition of Jones Exhaust Systems, Inc., one of the most respected specialty exhaust manufacturers in the United States. Details of the TTR-HP transaction are included in a Current Report on Form 8-K filed with the Securities and Exchange Commission.

The reduction in liabilities will be reflected in the first complete quarterly period after the sale of TTR-HP was completed, which is the period ended September 30, 2009.