Replies to post #25396 on Aero Performance Products Inc (fka AERP)

[psykotik1]

The shares are sitting in escrow as collateral for a loan. The loan is due at some point done the road. Since we are now AERO, maybe the loan might be paid back in cash or maybe when the stock hits $1 or $2 or $5. The bottom line is FCCN has no money. We need about 2 million to make it happen. Remember of the 2 million 1.5 is a loan to ourselves. Audited financials and the lawuit of 220k are " real money " outlays of cash.

[WinningTrade]

This is correct. I just got off the phone with Travis Huff of Golden Gate Investors. He gave me the details of this transaction. The loan is at 1,772,000(220k from prior management, 1.5m for the loan to complete the merger transaction). The loan can be increased for up to a maximum of 2.5m but not likely to happen. The loan terms are that in a defined period of time(traditionaly it is 2 years) Golden Gate will get the amount of shares that cover the loan+20% at that day's market price. So if the loan is converted at let's say a dollar a share then Golden Gate would get 1,772,000 shares+20% for a total of 2,126,400 shares! The loan then would be closed out and the remaining ecsrow shares would at that time be cancelled! The shares in escrow do not count toward the O/S and thus untill the loan matures, do not affect the pps! Mr. TrendGreen