It's obvious what happened here - this was hyped all year long so that Javelin and GGI could make money. Once the debt was paid off, they dropped the 8K bomb.
Since then it's been a disaster. The PR's have been weak at best. There were many opp's to make money here for the experienced trader though. It's people that fell for the Aero 'story' that got burned here, and will continued to get fleeced by the sham that is FCCN in my opinion.
Reading Ibub, I truly find it amazing that some of these people still own millions and millions of shares here and expect this to be a 'long term' investment LMAO !!
When this is diluted down to .0001, and then R/S to oblivion it may finally hit them.
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This will trade in the .003 - .004 range for a long time. Unless they really start dumping shares, which is a possibility.
What a total sham this was all year, lol. Aero is in terrible financial shape, and has been yet Peacock, Andrew Beyer and Hunsaker were acting like it was freaking Google all year in my opinion.
Anyway good luck to anyone still holding this mess.
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I for one am still in. I started buying maybe later than some and am averaged at .0045 now. This wiggle room at .0028 and .004 has allowed me to flip and cut my loss to my current average. Maybe another flip or two and I will be in the black. I agree that this has not been my best pick but there is some money to be made.
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Franchise Capital Corp. has sent the following information at your request. If you do not wish to receive future correspondence from the Company, please respond to this message with "Unsubscribe" in the subject line.
Press Release
Franchise Capital Corporation Announces Recent New Dealer Signups for Aero Exhaust Products
Issued Thursday January 3, 12:59 pm ET
Over 100 New Dealers Across the United States Are Signed to Sell Aero Products
MURRIETA, CA--(MARKET WIRE)--Jan. 3, 2008--Franchise Capital Corporation (Other OTC: FCCN), which recently closed its acquisition of Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and NASCAR Performance Partner, today reported the recent signups of over 100 new dealers to carry Aero products. These dealers, which are located in 20 states across the U.S., range from muffler and exhaust system specialty shops to general automotive repair and supply locations.
The new dealers are locations that, for a variety of potential reasons, are not supplied by Aero’s regional warehouse distributors. Some are outside of the geographic areas covered by the existing distributors and others prefer to deal directly with the product supplier. The majority of new dealers have made their initial orders, have been supplied with product and have achieved sales.
“Adding new distributors that carry Aero products is a critical aspect of the company’s strategy to increase sales, and as a result, revenues,” commented Bryan Hunsaker, chief executive officer of Franchise Capital and Aero Exhaust. “While we will continue to encourage the greater part of our distribution through our regional distributors, Aero will concurrently market its products to additional individual shops and garages outside of these distributors. As the profile of the Aero name has grown, we have seen an increased interest from these types of locations, and we look forward to even a larger number of new signups in 2008.
“Selling Aero products continues to be the major focus of the company at this time, since it is directly related to revenue growth and increased value for shareholders,” added Mr. Hunsaker.
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 is issued, please visit http://www.franchisecapitalcorp.net.
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