posted
BTW: I have one picture of the outside of the building I will try to download later. I thought my buddy took more pictures, but noticed he didn't.
quote:Originally posted by dog: One poster was enough to tank this? .. too many people reading but not comprehending... definitely not making phone calls or checking out false claims..
Best post I've read all day. I saw this drop to .022 right before I left to go to Aero today. I wasn't expecting to see much today, but what I did see was VERY encouraging. I also spoke to FCCN's IR guy. What he told me made perfect sense and any other explanation would have been unacceptable after SLJB/CSHD. The portion of Aero I visited today is about 45mins from my house. It is the technical sales office in UT. The gentleman that meet us in the entrance was very careful in what info he would release, but just seeing the building was a relief. We talked about their products and he said that office was used for technical sales QandA. He mentioned they have several distribution centers all over the US, but mentioned the one in California specifically. We asked if we could take pictures of the inside, but were denied. He thought for a moment and said, "it wouldn't be a good idea". The office was small, but had a lot of cool NASCAR stuff on the walls. All in all the visit was very worth my time. If/When this merger is completed, I will more than likely just sit back and enjoy the ride. I have NO doubt that Aero is BIG and will produce very satisfactory financials in the future for us. Do not invest on my word alone, but do your own DD. I will not listen to anyone's B/S on this stock. I've seen it with my own eyes and nothing will sway me. GLTA
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We're always excited to hear from people about our products. If you have a question about our products, our technology, or just want to talk mufflers, contact us using one of the methods below: Send us an email: infoaeroexhaust.com
Give us a call: 1-877-COOLFLO (266-5356) 1-801-495-0882
Write us: 10288 South Jordan Gateway #F South Jordan, UT 84095
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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TTRHP, Inc 10288 South Jordan Gateway #F South Jordan, UT 84095 Telephone: (801) 495-0882 www.aero-turbine.com DBA - aero exhaust - may be able to check nevada sec of state for share info. or other sources for income info.
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"On January 2, 2007 Robert McCoy, the sole member of the Board of Directors, appointed James Bickel and Gary Nerison to serve as members of the Board of Directors. Mr. Bickel will also serve as Chairman of the Investment Committee and as a member of the Audit Committee."
James Bickel is also the CEO of S3 Investment Company (SEIH). From the latest SEIH's 10QSB:
"Series C Preferred Stock, of which 1,000,000 shares are designated and 1,000,000 shares are outstanding, was issued to James Bickel, Chief Executive Officer, in May 2006 as consideration for personally guaranteeing an advance on a warrant purchase agreement."
quote:Originally posted by dog: One poster was enough to tank this? .. too many people reading but not comprehending... definitely not making phone calls or checking out false claims..
Best post I've read all day. I saw this drop to .022 right before I left to go to Aero today. I wasn't expecting to see much today, but what I did see was VERY encouraging. I also spoke to FCCN's IR guy. What he told me made perfect sense and any other explanation would have been unacceptable after SLJB/CSHD. The portion of Aero I visited today is about 45mins from my house. It is the technical sales office in UT. The gentleman that meet us in the entrance was very careful in what info he would release, but just seeing the building was a relief. We talked about their products and he said that office was used for technical sales QandA. He mentioned they have several distribution centers all over the US, but mentioned the one in California specifically. We asked if we could take pictures of the inside, but were denied. He thought for a moment and said, "it wouldn't be a good idea". The office was small, but had a lot of cool NASCAR stuff on the walls. All in all the visit was very worth my time. If/When this merger is completed, I will more than likely just sit back and enjoy the ride. I have NO doubt that Aero is BIG and will produce very satisfactory financials in the future for us. Do not invest on my word alone, but do your own DD. I will not listen to anyone's B/S on this stock. I've seen it with my own eyes and nothing will sway me. GLTA
Do you know where in California?
He never specified which part of California. We mainly talked about their product and NASCAR. He stated they will have their logo on every car racing in NASCAR. He also talked a little about the up coming season, but I will not repeat what he said, because it hasn't been inked. The 8k out is very interesting indeed. Focus on the backgrounds of these individuals. Racing and Manufacturing! HMMMM...sounds like a perfect fit.
posted
Something Scandalist happened today! Seriously think about it! Why would people get pm's from a poster that they have never heard from before? And specifically PM's That told everyone to sell? THEN THIS POSTER CLAIMS THAT HE HIMSELF SOLD 2M AT MARKET AT THE OPEN?? Does this add up for someone that is looking to get out of his/her pos.?(What bright individual would sink his own ship?) Or, is this person just trying to look out for our best interest? LOL yeah right. Something stinky happened today. Guaranteed!
Posted by: Posted by: energymanNJ In reply to: None Date:1/8/2007 6:17:26 PM Post #of 81163
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Sent By: energymanNJ Date: 1/8/2007 9:57:41 PM
I made an educated guess based on the info I had at time.... I suspected a gap up on the hype.....of coarse That's why I sold at market. I wasn't even at my computer, I put in last night> I had a meeting at 9:00am
posted
To be honest I think that this A/S share thing was likely a requirement of the SEC discovered under audit. This looks very businesslike. It doesn't affect the O/S... now they are compliant. During merger reorganization they will designate the share structure anyways... so nothing has changed other than it looks like everything's moving forward until I think otherwise. __________________
posted
Posted by: cautionupahead In reply to: None Date:1/9/2007 1:47:40 AM Post #of 10487
The good news is that alot of weak hands got out today. Today was the last possible day for the MMs to catch a break, and they did, good for them. Lot's of clueless people sold using market orders because they thought the sky was falling and alot couldn't get back in or had to pay more to get back in. Some did make out like bandits, mostly the people that sold and then screamed "fire", you know who you are, and your gain is at the price of someone elses loss, good for you, your mom would be proud. There's even 1 guy, who has been here since the beginning, who has been righteous about doing his DD on FCCN, and knowing what he has invested in, saying he will hold for $1, who sold 5 million shares at the open, then shouted "FIRE, FIRE, I KNEW IT", and then actually has the balls to come back and post how he bought back in latter and got more shares and some money to boot, but doesn't see any lack of integrity in his actions.LOL. He was the one who sold 5 million shares to begin with, he stopped the momo. That's fine, but then don't start shouting it's a scam and then buy back in when everyone has run for the hills and you have proclaimed it a scam. I guess that's just how pinklawyers are.
So now all the gaps should be filled, the MMs should have covered, and the weak hands should be gone. Time to move up, and move up big if you ask me. I can't wait to see the revenues on Aero, I just think they are going to be bigger than most expect. There are 30,000 shops that sell the product, each shop should at least sell 1 a week, which rounded off would be 50 a year. If Aero gets $100 a muffler on the average, that's $5000 per shop per year, multiplied by 30,000 shops equals $150,000,000 in sales per year. What is the profit margin, I like to use 10% to be on the conservative side, and muliply that by a P/E of 20(but alot will tell you 30-40 because it's in the growth stage, again I like to estimate low), which would give a market cap of $300,000,000. So the big question is, how many shares will be outstanding when the deal is completed??? A low number I've been hearing is 200 million, which would give us a PPS of $1.50, and the highest I've heard is 1 billion shares, which gives us a PPS of 30c, either way we all make out like bandits as far as I'm concerned. Most questions should be answered within days, if not hours, and then the big party begins.
Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financia
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION On January 3, 2007 the Company filed a Certificate of Amendment to Articles of Incorporation to reverse Certificate of Amendment to Articles of Incorporation filed in error on October 3, 2005 and to reinstate the capital structure of the Company prior thereto. The Company determined it was necessary to reinstate the capital structure after determining that prior management did not obtain proper shareholder approval for the October 3, 2005 Amendment.
The total number of shares of stock which the Corporation has the authority to issue is 5,030,000,000 which consist of 5,000,000,000 shares of Common Stock, $.0001 par value per share and 30,000,000 shares of Preferred Stock, $.0001 par value per share.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS Exhibit Number Description 3.4 Certificate of Amendment to Articles of Incorporation
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posted
good morning surf! letīs see whatīs in store for us today after yesterdays little shake all the gaps are closed and the chart looks primed for the next move
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Original A/S of shell had 5 billion shares (that's A/S not O/S) discovered during audit. The previous officers did not file correct SEC filing to change this after shareholder vote... which is only thing that can change the A/S (like to 200 million as thought)... so they had to officially reinstate it with Nevada.
Means nothing... they will be assigning a share structure at merger anyways. Now shell is compliant. On with the merger.
Stock currently held by investors, including restricted shares owned by the company's officers and insiders, as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock.
They are also known as "issued shares" or "issued and outstanding".
This number is shown on company's balance sheet under the heading "Capital Stock" and is more important than the authorized shares or float. It is used in the calculation of many metrics including market capitalization and earnings per share (EPS).
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Franchise Capital Corporation Reports Board Appointments and Correction of Nevada Filing Affecting the Company's Capital Structure Jan 9, 2007 9:16:00 AM TEMECULA, CA -- (MARKET WIRE) -- 01/09/07 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced appointments to the Board of Directors designed to bolster the transitional management team that is expected to lead the company through its planned acquisition of Aero Exhaust, a leader in performance exhaust airflow technology and NASCAR Performance Partner. The company also reported the filing of a certificate of amendment with the state of Nevada correcting a previous amendment filed by former management, which did not have the required approval of Franchise Capital shareholders.
On January 2, 2007, Robert McCoy, the sole member of the Board of Directors, appointed Jim Bickel and Gary Nerison to serve as members of the Board of Directors. Mr. Bickel will serve as chairman of the investment committee and as a member of the audit committee, and Mr. Nerison will serve as chairman of the audit committee and as a member of the investment committee. Both new Directors entered into agreements with the company, effective as of January 2, 2007, and each will receive a monthly $1,000 fee for services rendered. The Board of Directors now consists of Robert McCoy, Jim Bickel and Gary Nerison, each of whom is an independent director.
Jim Bickel has experience in the motor sports industry, having owned his own Formula Ford racing team running in the West Coast Series. He also sponsored and helped manage a two-car Trans Am team in partnership with RPM Racing, during which time they followed the Indy Car/Cart series racing at most of the major venues in the U.S. For a brief period, Mr. Bickel sponsored an Indy Car that raced at Indianapolis, and his racing interest dates back to the days with the Granatellis at the Indy 500.
"We are pleased to have added these two experienced businessmen to the management team of Franchise Capital, particularly to assist in closing the company's acquisition of Aero Exhaust and execute our subsequent growth strategy," stated chief executive officer Steven R. Peacock.
Biographical information on the two new Directors is included in a Current Report on Form 8-K filed with the Securities and Exchange Commission on January 8, 2007.
In another 8-K filed on the same date, Franchise Capital reported that it filed a Certificate of Amendment to Articles of Incorporation to correct a Certificate of Amendment to Articles of Incorporation filed in error on October 3, 2005. The erroneous amendment changed the capital structure of the company without the proper shareholder approval, and the amendment filed on January 3, 2007 restored the previous capital structure of the company. The total number of shares of stock that the company has the authority to issue is 5,030,000,000, which consists of 5,000,000,000 shares of common stock and 30,000,000 shares of preferred stock.
"From the time that current management was appointed to lead Franchise Capital, we have targeted compliance as a major goal, and this corrective action was necessary to ensure that Franchise Capital remains in good standing with its state of incorporation as well with S.E.C. requirements for public companies," stated Mr. Peacock. "Whatever future potential restructuring that the company may undertake as a result of its anticipated acquisition of Aero Exhaust, Inc. will follow the proper procedures as outlined by the company's bylaws, the state of Nevada, and S.E.C. regulations."
In December 2006, Franchise Capital entered into a preliminary agreement to acquire the issued and outstanding shares of Aero Exhaust, whose mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. The company is currently conducting its due diligence and expects to announce a definitive agreement with Aero Exhaust by mid-January 2007.
To sign up to receive information by email directly from Franchise Capital Corporation whenever new press releases, investor newsletters, SEC filings, and other written material are issued, please visit http://www.franchisecapitalcorp.net.
About Aero Exhaust:
Aero Exhaust is a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Its product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate web site, www.aeroexhaust.com.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K/A for fiscal year 2005 filed with the Securities and Exchange Commission.
CONTACT: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact
posted
Nice to see that the company lives up to it word. This is exactly what I was told over the phone yesterday. I hope none of my friends where scared out or lost money. GLTA
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