InvestorsHub Logo
icon url

EarnestDD

07/23/08 12:18 AM

#135057 RE: stocktrader1120 #135055

No thanks. I have been following Aero for 18 months now.
Longer than most.
I have been hearing similar comments all the way down from $0.034.
I saved about 95% by NOT listening to posters who were loading up .... all the way down.
icon url

GoldenStar

07/23/08 12:36 AM

#135058 RE: stocktrader1120 #135055

stock

On october 19th,2007 the company released an 8K which stated they plan on executing a "substantial" reverse split as soon as "practical".........that is a known fact, your suggestion that others should be "loading" up with you at this juncture in my opinion is not a wise one with that Reverse split on the horizon, almost all stocks that have "substantial" reverse splits in penny land end up retracing to previous levels very quickly and ones that have Gagged Transfer agents such as AERP does then that is almost proof positive that not only will the pps retrace in a heartbeat,it is also a huge red flag that the company will continue to dilute shares, Aero has had some massive dilution in less than a years time frame and I would anticipate that will continue going forward, there is nothing to indicate the company has any sales of significance to support its operations so it looks like Dilution will be the primary source of income for Aero for some time to come.

The Fact they continue to enlist the services of a Gagged transfer agent should be your first clue on this item, the second is the lack of details on any sales of any size to any dealer or distributor ever in the companies history.

I am guessing that reverse split is not far off and I am also guessing it will be a 1-100 or 1-200 reverse split which will pretty much wipe out current shareholders as the pps will tank and tank very hard after that reverse split in my opinion.

People can talk about how "aero came to market" "distribution footprints" and how they talked to folks on the phone etc...but let us not forget that Aero has been in business for over 9 years! this is not a new product, the only thing new or fairly new is Aeros revenue source since going public to probably avoid bankruptcy and that revenue source is the sale of shares and lots of them.

Good luck on your decision to load up but I think I have highlighted some real and going concerns on how it is not wise to encourage others to take such a risky venture on a company that has a Gagged T/A, a History of Massive Dilution and ZERO evidence of any sales of significance both now and in the last 9 years.

GLTY.