FCCN.OB > Is now > FCCN.PK

[runforthedoor]

Bidding up today in anticipation of filing tommorrow. 

[oicpecnoc]

nice work fill the gap.  Picked up 100k shares at .032 today.  Applaud

[fill_the_gap]

The volume is picking up and improving the chart.

  Filing tomorrow and some sort of news to follow.

[Ramsburg]

Nice work everybody !

[fill_the_gap]

Great selection Frederick !  Applaud.   

Knowing the trading patterns of the company along with some fundamentals has worked well with FCCN.  Nice to see the entire board work together to make money.  Let's continue to make this happen.

It will be interesting to see the Press release in the next few days.  The company hinted towards a positive release that will assist the price appreciation.

-Jeff-

[Ramsburg]

Great selection Frederick !  Applaud.   

Knowing the trading patterns of the company along with some fundamentals has worked well with FCCN.  Nice to see the entire board work together to make money.  Let's continue to make this happen.

It will be interesting to see the Press release in the next few days.  The company hinted towards a positive release that will assist the price appreciation.

-Jeff-

Thanks Jeff

I must applaud you too... I simply made a little call on FCCN, but you did a nice dig Thats what I call: Team work !

The trade is not over yet, and I'm looking forward to see the next sessions on FCCN.

regards !

[basonista]

[Applaud] to both Jeff and Ramsburg.  You two are outstanding assets to the 3sof community!  Thanks to both of you and keep it up!!!

[shootingstar]

New investors to FCCN,

There is a fifth Convertible Debenture that is due to expire anytime this quarter which means as early as today or is on going, so right now might not be a good time to invest in FCCN.  Once this CD is converted and the shares are dumped on the market the pps will probably tank and that is probably a better time for does interested to get back in.

Again, this is just my opinion so do your own dd.

Good luck.

[basonista]

There is a fifth Convertible Debenture that is due to expire anytime this quarter which means as early as today or is on going, so right now might not be a good time to invest in FCCN.

Who said anything about investing? 

[basonista]

Beautiful!  Absolutely beautiful!


Franchise Capital Corp. Reduces its Authorized Shares
Wednesday September 28, 10:30 am ET


SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Sept. 28, 2005--Franchise Capital Corp. (OTCBB: FCCN - News) announced today that in a meeting held on the afternoon of Sept. 27 the board of directors voted to reduce the company's authorized shares from five billion down to 200 million. The move was made in response to the large number of shareholders who voiced concerns regarding the high number of authorized. The board also voted on many other issues including several to be announced in the coming days.

"Shareholder value is a primary focus for all of us at Franchise Capital and lowering the authorized is a clear indication in our commitment to our shareholders," stated Edward C. Heisler, Franchise Capital Corp. president and CEO. "The board also made several other important decisions which I believe will impact the company very positively. I look forward to announcing these in the coming days, including our 10-K, which I anticipate to be filed later today."

About Franchise Capital Corp.

Franchise Capital Corp. is a business development company pursuant to Section 54 of the Investment Company Act of 1940. The company currently has five operating, synergistic investments holdings: Kokopelli's Mexican Grill Franchise Co., LLC; Cousin Vinnie's Franchise Co., LLC; Kirby Foo's Asian Grill Franchise Co., LLC; Comstock Jake's Franchise Co., LLC; and Fathom Business Systems Inc., all of which are engaged in business related to restaurant franchise development.

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 those set forth in the company's report on Form 10-KSB for fiscal year 2004 filed with the Securities and Exchange Commission.

--------------------------------------------------------------------------------
Contact:
     Franchise Capital Corp.
     Gary Reid, 866-475-7539
--------------------------------------------------------------------------------
Source: Franchise Capital Corp.

[runforthedoor]

 
I here a train moving...

[fill_the_gap]

Ramsburg-

Nice to have a company do what they say.
It was worth the phone calls on FCCN.   

[catrader]

how will reduction happen reverse split 5billion to 2 million so like 1/25 split?

[fill_the_gap]

I just got off the phone with Gary Reid.  The question posed to Gary was whether todays positive news what was he was referring to that was to come after the filing.

Gary said todays news was an added bonus voted on in yesterdays board meeting.

He said that more news is coming any day that in his opinion is " Much more exciting than this."    

I will hold for the news.  FCCN will show up on filters now.  No reason not to trust Gary and FCCN as of now.  

And NO Reverse Split has been discussed.  They had no reason for the 5 billion.  This alleviates the shootingstar concerns.  Very nice move for shareholders.

[gmarc66]

So, is it still safe to get in at this point say around .042?

Can we expect it to continue higher now that the good news is out and more to follow.

Will it reach .05 soon..like today?

any opinions appreciated.

My shares were accidentally sold today at .035...my computer went down...long irriating story...another mishap...so want to get back in if it looks good.


thanks and good luck everyone!!!


julia