Our plan of operation for the next twelve months is to expand our client base to the extent that we pursue the corporate advisory market in the mining sector and continue to acquire mining claims, run geophysical testing, core drilling, analysis and assays to determine proven reserves appropriate steps to take in actual mining processes. We will also develop international marketing and sales strategies for our Good2Drive App. As we continue to grow, we will need to raise additional funds. We do anticipate obtaining additional financing to fund operations through common stock offerings, to the extent available, or to obtain additional financing to the extent necessary to augment our working capital. We do not have need for the purchase of any property or equipment at this time. ARII will not have any significant changes in the current number of employees.
Our plan of operation for the next twelve months is to raise capital to continue to expand our operations. We would most likely rely upon the transaction exemptions from registration provided by Regulation D, Rule 506 or conduct another private offering under Section 4(a)(2) of the Securities Act of 1933.
In order to continue as a going concern, we will need, among other things, additional capital resources. Management’s plan to obtain such resources include, obtaining capital from management and significant stockholders sufficient to meet its minimal operating expenses. However, management cannot provide any assurance that we will be successful in accomplishing any of its plans.
Recent ACRL News
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 08/26/2024 03:29:04 PM
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 08/21/2024 06:50:44 PM
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 07/31/2024 04:56:31 PM
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