OK, everybody knows my opinion on what the following Peacock quote means, but I am interested to know what others think this means. I'm open to discussion. I thought I had this all figured out, but some have got very upset by what I've posted. Like my signature says, I've been wrong before and will be again. If I'm wrong about this, I'd like to know why.
Perhaps I've missed something. So please let me know your opinions.
From the January 30, 2007 PR:
"The escrow agreement was designed to allow Franchise Capital to set aside a sufficient number of shares to cover both the settlement of debt and to allow access to capital as the company moves forward with its acquisition of Aero Exhaust..."
I interpret this statement from Peacock as meaning that the Escrow account was "designed" for two purposes. We know for sure GGI was one purpose, what do you think was the other purpose?
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