Replies to post #95347 on Aero Performance Products Inc (fka AERP)

[montana_g]

Agreed. U put it nicely.

[FAILURE TO DELIVER]

I beg to differ with you on points #2/3. I have to ask what 8K are you reading?

For the numerically disabled posting,let the numbers tell the story.

1: The share exchange did wipe out Aero's debt to Golden Gate Investors on a past-due convertible debenture having a principle balance due of $220,927. That is all the debt that was retired from the share transaction.

From the balance sheet:

For the Six Months Ended June 30, 2007

Current Liabilities:

Accounts Payable $1,085,968
Accrued Interest 806,310
Notes Payable $6,878,401
__________
Total Liabilities $8,770,679

Total Assets $587,838

What do you call that total liabilities number?
It sure looks like debt to me,and a crap load of assets,NOT.

Now the cash flow:

For the Six Months Ended June 30, 2007

Net Cash Used by Operating Activities $(1,924,329)

Cash Flows from Financing Activities:
Proceeds from Notes Payable $1,957,958
___________
Cash at the End $40,177

There's the loan from FCCN,more debt just to keep this sinking ship afloat.

They went public because they could no longer sell the private shares,look at the cash flow from previous years.

Wiped out Aero's prior debt........ ROTFLMAO.

FTD

[millman]

Nice post Roger. If Aero would adjust there advertising strategy and go with the basics, IMO the mufflers would sell themselves with just the gas milage savings alone. It is a no brainer. I think they realize this now.

[cruzdelsur]

This post is worth reposting.

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Posted by: roger wilco
In reply to: None Date:10/20/2007 1:58:18 PM
Post #of 97607

THE NEW AERO!!!!! Today is day 1!!!!!

Investors have to keep in perspective that the new product rollout sales numbers will be represented in the 3rd. and 4th. quarter financials.

The current sales figures for the 1st. & 2nd quarters is prior to the rollout of the new product line!!!!

Since the new rollout:

The AERO website has been overhauled
& There are new AERO products that had not been available before!!!

Javelin HAS done it's job and will continue to work with AERO for the next 12 months.....

1. They delivered a clean shell to AERO
2. They wiped out AERO's prior debt
3. Has given AERO a CHANCE to make a CLEAN START!!!
4. Put NEW INVENTORY in the Warehouse to sell!!!!!!!!
5. Has aligned a merger with a industry related company!!!