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Ineedmoreshares

10/10/07 10:33 PM

#87626 RE: ToddWH02 #87623

It's more complicated than that, Todd.

But better for us

"the $1.9M was converted to AERO common stock at the share exchange"

The 1.9 million loan TO AERO was "drawn down" from the GGI escrow. Whether AERO sold any of those shares or kept them all is not known.

The "repayment" of the loan back to fccn was, as you say, converted into AERO common stock at the share exchange.

Remember, we were already getting ALL of AERO's shares, so how many shares we got from AERO is irrelevant. If you are arguing that there was some measure of unknown dilution from "authorized" shares, there is no language to support that concept in the PR announcing the merger being complete.

In fact, the language used announcing the closing of the merger only uses two terms to discuss the shares AERO received

"issued and outstanding capital stock"
"restricted shares"

both of which can only come from the O/S.



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YankeMike

10/10/07 10:35 PM

#87627 RE: ToddWH02 #87623

Exactly, but we do appreciate the effort Josh. Tomorrow evening you'll have a lot more data to analyze.
This is going to be very interesting!! Also, as someone mentioned today, next month we should have the 10Q for the 3rd quarter results.
An OEM deal and everything is out the window, and that "forces this to be valued at a much higher level"! It's possible, but not probable yet.
Mike