The merger is 3 months away. That's why it's not at .03 on the "story" alone. As an investor, I am watching my money sit here for months to come with no action, when I could be making money on other stocks. That is why people are selling, and I expect it to continue and if you look at the chart, it is downtrending, only losing us more money everyday that goes by. I haven't sold yet and am going back and forth every day. I am confident that the merger will happen, but if it falls through, there is no getting out of this alive.
This is why the merger is at least 3 months away, IMO. From the last PR:
Mr. Hunsaker stated, "It was determined that in order to continue with our schedule of product rollouts and to have a full representative quarter of financials that include the sales of these new products, rescheduling the close of Aero's acquisition by Franchise Capital would be in the best interests of both companies' shareholders.
The next quarter ends Sept, 30 and financials probably wouldn't be ready until at least a few weeks after that.
I am an optimistic person but I am also a realist. I can tell myself that it will happen sooner, then I read the PR again and Mr. Hunsaker is telling us when it will happen.
Am I way off base or does the PR tell us everything we need to know?
Any other opinions would be greatly appreciated.
Stayeven