Replies to post #155496 on Aero Performance Products Inc (fka AERP)

[knowlesmsncom]

ronning999 all in black and white.....

The sale was undertaken, in large part, to eliminate a significant majority of Aero Performance Product's liabilities as reflected in its consolidated financial results and to therefore allow Aero to move forward with its planned acquisition of Jones Exhaust Systems, Inc., one of the most respected specialty exhaust manufacturers in the United States.

and

An immediate reduction in the company's liabilities of $3,154,247 and pending lawsuits.

and

AERP retains the right to reacquire TTR-HP within 3 years at $750,000

and

Flo-Co shall offer AERP a “right of first refusal” to match the terms of the purchase offer or to exercise its rights under this Warrant.

you call all this, "shareholder protection"


Watch what happens, its really brilliant and 100% legal!

I wonder who will be in the mergers after Jones Exhaust?

Hint: Understand how preferred, warrants and buy backs work!

Aero issued Flo-Co 100,000 shares of its Series A Preferred Stock, each share of which receives 33,333 Warrants to purchase common shares of Aero.

Aero also received a warrant from Flo-Co. to repurchase the Warrants at a price of $0.0006 per Warrant and has an option to purchase ten million shares of TTR-HP, which would represent approximately 53% of the then total issued and outstanding TTR-HP common stock, for $750,000.

Pretty complicated stuff so hang on and remember, it's friendly debt!

[knowlesmsncom]

Oh ronning999 maybe......

read up on call and put warrants before coming to a conclusion that this is a bad deal for anyone.

In the case of AERO, the transaction was done with both call and put warrants which will take several years to fully execute. By the time it does, AERO's plan should be clear......

Some should recognize by now that AERO Performance Products is not interested in bankruptcy or reverse stock splits by the events and the contract wording, those who don't, here is a clue! Maybe this below will help you get it!

Investopedia explains Warrant
The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months.

Those who are promoting Preferred Shares and Warrants as an equal to common shares must not know what a Class "A" Preferred Shares and Warrants actually is.

BTW - AERO PR'ed that issuance of preferred shares was going to occur. Just another PR that was forthwith in coming.