Spoke with Robert the COO at Aero, returned my call in thirty minutes which was impressive to say the least. Here's the scoop, Stephen (FCCN CEO) has been a consultant with Aero for around two years now and presented the opportunity to go public around three months ago, this has been in the works for quite sometime and Stephen finally acquired the shell (FCCN) recently. Robert stated that the reverse merger is a done deal just paperwork being finished up, couldn't give a time frame but he anticipates all being completed in the next couple of weeks. They are finalizing all financials prior to the announcement and plan on uplisting to the OTCBB upon merging. Aero currently operates out of a 100,000 sq. foot warehouse in south california and distributes to 30,000 different shops and numerous master warehouse distributors. He didn't elaborate on financials but stated that they are in a great position financially and are looking to gain even greater exposure of their product by going public. Also they are adding another warehousing facility and launching a retail brand per se in '07. Being private no financials are available but each shop does well over a thousand in sales so being conservative revenues are 30 mill at a minimum.
posted
If you havn't looked at this yet it's a must see for all. This WILL be finalized within the next few weeks, with Aero's revenues and rapidly growing business this won't stick around the penny market's long as it's off to the big board.
FCCN huge shell play R/M with Aero Exhaust Coming:
"Aero Exhaust is exactly the type of company that Franchise Capital Corporation has targeted to acquire," stated chief executive officer Steven R. Peacock. "Not only has Aero developed technologically innovative products, superior to its competition, but there is a highly effective management team in place, its products are already available worldwide through a number of retail outlets, and the company is well-positioned for significant long-term growth."
IP: Logged |
posted
Nobody got real excited when i posted this at .0022 LOL. Nice to see a few guys here now, I see Duncan has had a bit to much to smoke today however LOL. The R/M is happening just finishing up the paperwork and working on the financials for the uplisting. I've been speaking with the company now for well over a month since i saw Stephen and Robert were on board. By the way Robert McCoy who was involved with the new structure of FCCN has been the COO at Aero for quite sometime and Stephen FCCN's CEO has been a consultant with them for a few years. Make sense yet lol, they have their clean shell they've been looking for. Merger expected to be completed by the end of the year, possibly early next if they run into any paperwork delays. GLTA
-------------------- My favorite resources microcaptrade.com, allstocks.com, microcapbulls.com, and knobias.com!!
IP: Logged |
posted
71mil. O/S to 53 mil. float is NOT what I would call a low floater. I don't take a hard look at any float unless it's no more than half the O/S. In this case that would be around 30mil. to 40mil. floated. That's when things will move on even the slightest PR (with the MM's blessing).
IP: Logged |
posted
For example, take a look at the float for JKRI. 151 mil. O/S to 51 mil. floated (3:1). Now THAT's an ultra-low floater folks. And the right PR will send this one into orbit.
IP: Logged |
posted
Just think if the o/s is 71m with a 51m float and in four days we traded 60,345,478m shares with Scottrade restricting buying. This thing is seems to be primed for an explosion. JMO
# of shares traded by day: F- 24,002,943 T- 16,053,515 W- 6,733,289 T- 13,555,731
IP: Logged |
posted
The main attraction here, is that FCCN is considered a clean shell with a low float that may or may not be used to reverse merge a successful private company seeking to trade publicly. If this happens that would augment the FCCN share price dramatically, as you can well imagine.
IP: Logged |
posted
"Aero Exhaust is exactly the type of company that Franchise Capital Corporation has targeted to acquire," stated chief executive officer Steven R. Peacock. "Not only has Aero developed technologically innovative products, superior to its competition, but there is a highly effective management team in place, its products are already available worldwide through a number of retail outlets, and the company is well-positioned for significant long-term growth."
"With access to additional resources, we believe that Aero Exhaust is the type of company that will provide a solid return on investment (ROI) for Franchise Capital's shareholders. We are pleased to have signed this letter of intent, and we expect to reach a definitive agreement in the very near future, so we can move forward with this acquisition," added Mr. Peacock.
Oh Look!! They have patents and patents pending too!!
In addition to its NASCAR relationship, Aero Exhaust has been issued patents in both the United States and Australia on its innovations and product developments in the exhaust industry and has a number of patents pending.
How can you not love a stock like this!?!
IP: Logged |
posted
Another solid day and to think the fun hasn't even begun here yet lol. For those who havn't had a minute to DD this one, it'll be worth your time and then some to take a gander.
-------------------- My favorite resources microcaptrade.com, allstocks.com, microcapbulls.com, and knobias.com!!
IP: Logged |
posted
Can't believe the lack of interest here. From the DD I've done this looks like it will be HUGE in the near future. When this merger is completed this stock will be greatly undervalued IMO. I guess we'll just wait and see. GLTA
posted
Been doing DD on this for the last day or so. I wrote Aero exhaust an email yesterday from the contact information at aeroexhaust.com. I asked them some basic questions about the merger. This is the email they sent back. Notice the company name on the email they returned. Remember, I sent this email through the aeroexhaust contact info.
As stated in the December 12, 2006 press release, Franchise Capital Corporation and Aero Exhaust have entered into a preliminary agreement in the form of a Letter of Intent for Franchise Capital to acquire the issued and outstanding shares of Aero Exhaust. Franchise Capital is currently conducting its due diligence, and pending the results, both companies expect a definitive agreement to be consummated and the transaction to be completed.
Regards,
Public and Investor Relations Franchise Capital Corp. Investors 951-587-8072 investors*franchisecapitalcorp.net
FCCN (.017) Announces Aero Exhaust Agreement With Infopia for Expanded E-Commerce Capabilities
Market Wire "US Press Releases "
TEMECULA, CA -- (MARKET WIRE) -- 12/20/06 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that Aero Exhaust, Inc., with which it has a preliminary acquisition agreement, has partnered with Infopia, the industry leader in multi-channel online selling solutions, to expand Aero Exhaust's e-commerce capabilities and extend operational support systems.
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.
The agreement between Aero Exhaust and Infopia includes utilizing Infopia's award-winning Marketplace Manager to drive online transactions and revenue from eBay, Amazon, Overstock.com, Sell.com, uBid, and others. Additionally, Aero Exhaust will leverage Infopia's Software as a Service (SAAS) platform to integrate sourcing, inventory, merchandising, customer relationship management, and business analytics to optimize operating efficiencies and profit.
"We are very excited to partner with a company like Infopia that has produced such remarkable results for their clients. This is a key relationship for us as we continue to develop our comprehensive distribution strategy. We look forward to supercharging our online business across all of our product lines in 2007," stated Bryan Hunsaker, CEO of Aero Exhaust, Inc.
On December 12, 2006, Franchise Capital Corporation announced that it had entered into a preliminary agreement to purchase all of the issued and outstanding shares of Aero Exhaust. The company is currently conducting its due diligence and expects to announce a definitive agreement with Aero Exhaust within the next 30 days.
About Infopia Inc.
Infopia provides the industry's most complete e-commerce platform, enabling businesses to fully execute the online inventory-to-cash cycle. Unlike limited point solutions, Infopia integrates a full range of critical success factors, helping companies to optimize product merchandising, manage the shopping experience, and maximize their presence through premier online marketplaces and search engines such as eBay, Amazon, Overstock.com, Shopping.com, Shopzilla, Yahoo! and Google. Together with online selling best-practices, Infopia provides unique and proven value to a wide range of clients, from start-ups to top eBay PowerSellers to multi-billion dollar corporations. Infopia is headquartered in Salt Lake City, Utah. For more information, visit www.infopia.com.
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 the 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
posted
Franchise Capital Corporation Announces Aero Exhaust Agreement With Infopia for Expanded E-Commerce Capabilities Dec 20, 2006 10:41:00 AM
TEMECULA, CA -- (MARKET WIRE) -- 12/20/06 -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that Aero Exhaust, Inc., with which it has a preliminary acquisition agreement, has partnered with Infopia, the industry leader in multi-channel online selling solutions, to expand Aero Exhaust's e-commerce capabilities and extend operational support systems.
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.
The agreement between Aero Exhaust and Infopia includes utilizing Infopia's award-winning Marketplace Manager to drive online transactions and revenue from eBay, Amazon, Overstock.com, Sell.com, uBid, and others. Additionally, Aero Exhaust will leverage Infopia's Software as a Service (SAAS) platform to integrate sourcing, inventory, merchandising, customer relationship management, and business analytics to optimize operating efficiencies and profit.
"We are very excited to partner with a company like Infopia that has produced such remarkable results for their clients. This is a key relationship for us as we continue to develop our comprehensive distribution strategy. We look forward to supercharging our online business across all of our product lines in 2007," stated Bryan Hunsaker, CEO of Aero Exhaust, Inc.
On December 12, 2006, Franchise Capital Corporation announced that it had entered into a preliminary agreement to purchase all of the issued and outstanding shares of Aero Exhaust. The company is currently conducting its due diligence and expects to announce a definitive agreement with Aero Exhaust within the next 30 days.
About Infopia Inc.
Infopia provides the industry's most complete e-commerce platform, enabling businesses to fully execute the online inventory-to-cash cycle. Unlike limited point solutions, Infopia integrates a full range of critical success factors, helping companies to optimize product merchandising, manage the shopping experience, and maximize their presence through premier online marketplaces and search engines such as eBay, Amazon, Overstock.com, Shopping.com, Shopzilla, Yahoo! and Google. Together with online selling best-practices, Infopia provides unique and proven value to a wide range of clients, from start-ups to top eBay PowerSellers to multi-billion dollar corporations. Infopia is headquartered in Salt Lake City, Utah. For more information, visit www.infopia.com.
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 the 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
IP: Logged |