posted
Hello Everyone...I am new to this site and I want to join the banter. I have a few opinions...take them for what they are worth. 1)IMO no dilution is taking place on this stock. I say this for the main reason that the volume of the stock during days of high speculation and news has stayed "relatively" consistent. If Golden Gate has dumped shares, they havent dumped many... For instance If GG has diluted this stock by a significant number of shares increasing the os supply the "pump and dump" volume would rise in unsion. A diluter cannot control every share traded!Another thing to keep in mind short selling of secured debtentures is illegal! Golden gate from my research has almost 40 million in the private sector of similar deals. Not a risk a company with that kind of cash will take. 2) The deal with aero and the 1.5m dollar credit facility is very obtuse. Hunsaker is not a dumb business owner and isnt going to tie himself with action that would be harmful to his biz if it was a scam. I.E the law suits he would face w/ fccn and GG.AERO HAS REAL EXTERNABLY VERIFYABLE ASSETS TO RISK! To me the 1.5 is payable after the completion of the deal as "ernst money" and security for hunsaker and aero. 3) The volatility...as some have pointed out earlier...totally stems from the fact people want to play/flip this stock and not hold. 4) One has to ask themelf why aero would be interested in a deal such as this? There is no answer for sure...or even assurance that the deal will complete...but the answer to almost all questions involved in business is...THEY CAN MAKE MONEY!!1DUHHHH! For this to be a grand scam someone has to be the sucker and 2 whores have to be in bed. I have a hard time believing a company like aero with assets and Golden Gate who has private equity cash would scam like this. As for Peacock...he has completed deals before...and thats what i care about. Ok i am done with my rant...take it for what its worth...some will like what i have to say...some wont. GLTE
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quote:Originally posted by a surfer: Makes that .01 this morning look like a gift.
P.R. mon. a.m.....
Who says, or is that a guess?
Q - Can we expect any news or filings in the very near future?
A - Yes. We are going to be agressive with keeping the shareholders abreast of current events, and when AERO does something we'll let it be known. With that said, we have a proxy filing due 10 days from the form 14. We have a filing coming out on Monday.
end.
Hope that helps on this red day.
Also, if you question what I've asked him, call yourself, and ask if he just spoke with Jim.
quote:Originally posted by IMAKEMONEY: AS LONG AS YOU ARE MAKING MONEY IM SURE HE WONT MIND, IN STOCKS THAT IS,
LoL...
You have no idea how right you are...I just text'd him "got d____?" and he replied, "got my money?" I was confused thinking I was supposed to get something out of the bank...I replied ??? and he says "U want d___, I need cash"
LMAO!
-------------------- Study before you buy, Sell before you think about it....
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posted
hey people iam a new one to the board you may all ready know about this post i just wanted to help with the waiting.
From another board...GLTY
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential andaccumulate.
Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down.
To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get and the NASD is not going to do anything about it. They are merely making the market liquid is there reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders are supposed to be doing that no them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started.Could be a penny in smaller priced securities? What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag.
This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while. Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads, but a recent SEC investigation tells another story. MMs have a vast resource of tactics and it would take probably more than my lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
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Posted by: MrTrendGreen In reply to: None Date:1/30/2007 3:15:12 AM Post #of 31606
Ok guys, I have great news! Just as I expected, I have learned from a little "birdie" chirping in a tree outside my window some further developments of the merger!
We have a O/S of 140m with 22m being restricted and convertible on a 1:1 basis. That leaves 118m in the float! The 63m that Golden Gate put into the market over the last month, paid for the settlement of the 220k owned by the prior management and the 1.5m loan that FCCN/AERO has recieved for the R/M costs! The escrow shares will not be put into the float and will only be used POST MERGER to help create the final share structure(and only a portion of them at that)! That means that untill after the merger takes place the share count will remain at 140m with a 118m float that will stay unchanged!
This is great news fellas and is just what I was looking and hoping for! It makes all the difference in the world and once it is made official in the immediate future, we will be more than just back on track, we will be full steam ahead!
The definite 14a will be coming out sometime this week and a clarification pr with the information of the up and coming shareholder conference!
Our concerns and complaints really drove home with the management of Javelin. They really did not intend for the ridiculous sell off that occurred last week from just a lack of communication. They huddled up and developed a new game plan to get the pps back on track and will always keep proper communication with the investing public. Sounds to me that they will make this up to shareholders in earnest and for that they will have my vote! Once everything is clear, we could really blast off!
I also heard that AERO could be possibly on the verge of aquiring a nationwide contract from a "major retailer" very soon! It would catapult already strong growth and sales into the stratosphere!
Disclaimer/ I did not hear this info directly from the co. or it's employees. It was whispered into my ear from a dove outside my window. I did not call the co. to get any information, but my "source" is very reliable! 118m float that is not going to change! Yehhhaaaawwww could get exciting soon! Mr. TrendGreen
posted
Franchise Capital Corporation Files Form 8-K on Sale of Securities With Terms of Escrow Tuesday January 30, 8:56 am ET
CEO Interview Scheduled for After Filing of Definitive 14A Proxy
TEMECULA, CA--(MARKET WIRE)--Jan 30, 2007 -- Franchise Capital Corporation (Other OTC:FCCN.PK - News) has filed a Current Report on Form 8-K with the Securities and Exchange Commission regarding the issuance of shares into escrow as part of debt settlement and stock purchase agreement with Golden Gate Investors. ADVERTISEMENT
The 8-K reports that from December 1, 2006 through January 29, 2007, under a stock purchase agreement between Golden Gate and the company dated October 31, 2006, Franchise Capital issued a total of 186,376 shares of Rule 144 restricted common stock to Golden Gate in exchange for cash of $186,376. Pursuant to the terms of the purchase agreement, Golden Gate is required to purchase $100,000 of the company's restricted common stock at a price of $1.00 per share for every $10,000 in convertible debentures paid down by the company.
The shares issued to Golden Gate were from an escrow set up as part of a settlement agreement between the Franchise Capital and Golden Gate relating to a June 25, 2004 debenture, and were issued with a restrictive legend pursuant to Rule 144. Under the terms of the escrow, Golden Gate is able to draw down shares in satisfaction of the debenture provided that it does not own or control more than 4.9% of the total issued and outstanding common shares of the company. The debenture is redeemed at a price per share equal to an average of the five lowest closing bid prices over the 45 days preceding the redemption request. The shares remaining in escrow are voted by the Company's Board of Directors. From December 14, 2006 though January 24, 2007, the Company paid down $18,636 of a convertible debenture dated June 25, 2004 through the issuance of 83,121,521 shares of restricted common stock. As of January 29, 2007, a total of 765,270,212 shares remained in escrow and the unredeemed balance on the debenture was $203,291.
Once the entire debenture has been redeemed, any shares remaining in the escrow will be returned to the Company's treasury and cancelled.
"The escrow agreement was designed to allow Franchise Capital to set aside a sufficient number of shares to cover both the settlement of debt and to allow access to capital as the company moves forward with its acquisition of Aero Exhaust," said Steven R. Peacock, chief executive officer of Franchise Capital Corporation. "By issuing the shares into escrow, the company is able to limit the release of the shares while paying down the remaining debt and maintaining voting control of the escrow shares."
"Management strongly believes that settling the debt to Golden Gate through the escrow, rather than to allow for massive dilution through the issuance of these shares without conversion limitations, is to the benefit of shareholders and will ultimately reduce the number of shares involved in the transaction. By coupling the debt settlement with the stock purchase agreement, Golden Gate became more than just a creditor -- it has developed into a financing partner with a vested interest in the future of the company," stated Mr. Peacock.
"We do realize that the terms of the escrow are somewhat complicated, and I look forward to personally addressing the most commonly asked shareholder questions in an upcoming interview. The interview will be scheduled for a date subsequent to the filing of the Definitive 14A, which we expect to occur very shortly," added Mr. Peacock.
To sign up to receive information by email directly from Franchise Capital Corporation whenever new press releases, investor newsletters, SEC filings, and other new material is issued by the company, including Mr. Peacock's upcoming interview, 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: CONTACT: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact
-------------------------------------------------------------------------------- Source: Franchise Capital Corporation
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Date Open High Low Last Change Volume % Change 01/29/07 0.0170 0.0220 0.0160 0.0210 +0.0035 7121100 +20.00%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Sell 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Sell 20-Day Average Volume - 18171164
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Buy 50-Day Average Volume - 9744732
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 5140304
Overall Average: - Hold
Price Support Pivot Point Resistance
0.0210 0.0137 0.0197 0.0257
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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