quote:Originally posted by topharlem: i remember being in ndol last year and it ran up to $1. i just have this feeling in my gut when it comes to selling this time to wait till it reaches $6.00. my gut tells me it'll go up to $12-$15 range but i'll get off at 6. don't know how long it will take but i don't see us waiting for long to see it happen. good luck to everyone. and those who are just on to put doubt in others. may you get what you deserve as well. news will be out before friday imo
LOL, what drugs are you doing and where can I get some? At BEST, maybe we'll see .06 again, and then .12 - .15 range.... Too funny !
We'll see smelly!
strange you say that. when ndol was at .255 when i got in there were people stating that it won't go any further. i ignored them as i will with you. my gutt never lies and it never led me wrong. i look at all sides and then i see what i feel about it. and my feeling is saying we're going up, up and away. i'm sure you'll say it won't go any further after we hit $1++.
Posts: 82 | Registered: Apr 2006
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posted
"i'm sure you'll say it won't go any further after we hit $1++"
I'll never have to say that because this will never see $1 in my opinion. The run here was from .002 to .06 over the last month, it was a good run and money was made. In my opinion even if - IF - the merger goes through and is announced it will not be as big as some think. Anyway just one man's thoughts...
Posts: 630 | Registered: Jun 2006
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Franchise Capital Corporation (OTC: FCCN), a business development company, provides long-term debt and equity investment capital to support the expansion of companies in the casual, fast food restaurant industry. It invests in private and small to middle market companies that lack access to public capital. The company's investment portfolio primarily consists of equity investments in companies, which may or may not constitute a controlling equity interest. Franchise Capital was formed in 2001 under the name of Cortex Systems, Inc. and changed its name to BGR Corporation in 2003. Further, the name was changed to Franchise Capital Corporation in December 2004. The company is headquartered in Phoenix, Arizona.
FCCN News:
January 9 - Franchise Capital Corporation Reports Board Appointments and Correction of Nevada Filing Affecting the Company's Capital Structure
Franchise Capital Corporation (OTC: 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.
Posts: 32 | From: New Jersey | Registered: Jul 2006
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quote:Originally posted by topharlem: i remember being in ndol last year and it ran up to $1. i just have this feeling in my gut when it comes to selling this time to wait till it reaches $6.00. my gut tells me it'll go up to $12-$15 range but i'll get off at 6. don't know how long it will take but i don't see us waiting for long to see it happen. good luck to everyone. and those who are just on to put doubt in others. may you get what you deserve as well. news will be out before friday imo
LOL, what drugs are you doing and where can I get some? At BEST, maybe we'll see .06 again, and then .12 - .15 range.... Too funny !
We'll see smelly!
strange you say that. when ndol was at .255 when i got in there were people stating that it won't go any further. i ignored them as i will with you. my gutt never lies and it never led me wrong. i look at all sides and then i see what i feel about it. and my feeling is saying we're going up, up and away. i'm sure you'll say it won't go any further after we hit $1++.
surely you won't deny that many got burnt on NDOL's pump...despite your "gutt" never lieing, eh?
If I am reading this report right it seems all these companies added more shares in the month of December. Is it supply and demand?
Posts: 32 | From: New Jersey | Registered: Jul 2006
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quote:Originally posted by topharlem: i remember being in ndol last year and it ran up to $1. i just have this feeling in my gut when it comes to selling this time to wait till it reaches $6.00. my gut tells me it'll go up to $12-$15 range but i'll get off at 6. don't know how long it will take but i don't see us waiting for long to see it happen. good luck to everyone. and those who are just on to put doubt in others. may you get what you deserve as well. news will be out before friday imo
LOL, what drugs are you doing and where can I get some? At BEST, maybe we'll see .06 again, and then .12 - .15 range.... Too funny !
We'll see smelly!
strange you say that. when ndol was at .255 when i got in there were people stating that it won't go any further. i ignored them as i will with you. my gutt never lies and it never led me wrong. i look at all sides and then i see what i feel about it. and my feeling is saying we're going up, up and away. i'm sure you'll say it won't go any further after we hit $1++.
surely you won't deny that many got burnt on NDOL's pump...despite your "gutt" never lieing, eh?
i just knew it will hit $1. had that feeling that it would and it did. i never thought it would go to $2. and wasn't wrong. i sold at $1.15 i'm selling this one at $6.+ maybe. but i'll keep this board informed when i'm out. Posts: 82 | Registered: Apr 2006
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posted
You're never going to see $6 on this one. Maybe .06 again, or .006 if no PR comes out this week, lol.
Posts: 630 | Registered: Jun 2006
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posted
Good morning folks. Anything new to report? I don't feel like reading 100 pages lol
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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Posted by: p344p991 In reply to: None Date:1/16/2007 9:30:59 AM Post #of 17253
excerpt from email:
News VERY soon, hang tight (or load the boat)....here is an email from IR:
"...There was no exact date given on its execution, but if it was announced on December 12th and had a 30-day term, depending on how you count the days, we would expect the term to expire at the end of business on January 11th. Management has said that it expects a mid-January Definitive Agreement, as well as saying they expect it by January 10th. These statements all agree with one another, so the exact day is fairly insignificant. As has been repeatedly stated, all parties expect to complete the Definitive and move forward with the acquisition. That is the truly important part..."
posted
looks like the sideways trading will continue until we hear of this merger.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by Doniboy: looks like the sideways trading will continue until we hear of this merger.
i expect them to dip it on this low volume
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by a surfer: whats up??? .055
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
the .06 flippers ruin the run. But it seems to be bouncing back.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by TMD: Up 16% today might see a new high IMO, What do you think Tom you have been following this for quite some time?
as long as there is no news out iŽll be flipping it like pancakes( i got burned on one side today...) but looks good so far
Posts: 2473 | Registered: May 2006
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quote:Originally posted by TMD: Up 16% today might see a new high IMO, What do you think Tom you have been following this for quite some time?
as long as there is no news out iŽll be flipping it like pancakes( i got burned on one side today...) but looks good so far
You have ameritrade or something? Can't flip on eTrade when you gotta call in every buy and sell order.
Posts: 159 | From: San Diego, CA, USA | Registered: Feb 2004
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