The old company is gone. AREM was reinstated a year ago by Bryan Glass http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=ducrBeRydGQIwGZgT%252fUH6A%253d%253d&CorpName=AMERICAN+RARE+EARTHS+AND+MATERIALS%2c+CORP. He is a RM specialist http://www.esfi.com/go-public So the big bids lately could be indication that he found a candidate.