That Falcon looks a great deal like several that I have owned, over the years.

This Single Speed was the first one I found and then I did the conversion to Single Speed design...


Then I found this near mint beauty for $25.00 a few years ago and it took me two years to finally buy the bike...



Not sure what models the bikes were, but they were not the entry level Black Diamond offering...


Each Falcon was a wonderfully vintage appearing road bicycle, but, in all honesty, I did not like the ride quality at all, but that is just me.