ARNH - a sleeping giant - 17 million in assets and massivly undervalued
THE AUTOMOTIVE RESOURCE
ISIN: US0533041010 Symbol: ARNH
covenant alliance group logo
- Total Assets / Properties: 17,355,286$
- Marketvalue just in a height of 440,000$
- ARNH is intending an upgrade to the AMEX
- nearly out of debts (-73,540$)
- CEO is holding 75% of the company´s shares
- Estimated freefloat around 950 million shares?
- ARNH is making gross profits in 2013 for the first time (+67,459$)
- Expected profits for 2013-2014 of more than 3,000,000$ - 4,000,000$
- Chart is bottom-bouncing
Target: 0,0013$ (marketcap 5,600,000$)
ARNH is very closed to the rebound.
THE AUTOMOTIVE RESOURCE is a holdingcompany, which has specialized on participation in small-cap and mid-cap-companies.
Because of delayed figures the stock has declined to an all-time-low 0f 0.0001$.
The outstanding figures have finally been handed out during the last month. But now the CEO´s 3-phases plan is going to fructify.
Through the strong growth during this year, the company could initially announce profits for 2013!
Even for this year ARNH has been able to increase its portfolio for more than 5,000,000$ and could boost its assets above 17,000,000$.
Currently the stock is bottom-bouncing and starting the rebound.
Just the fact that ARNH has the intention to upgrade its exchange up to AMEX will multiply the shareprice. Through this new transparency ARNH is keen on getting a leading player of this multi-billion-market-segment.
Total Assets / Properties: 17,355,286$
Total Liabilities / Debts: 73,540$
Gross profit: 67,459$
Market Value1 $428,868 a/o Oct 14, 2013
Shares Outstanding 4,288,680,197 a/o Aug 22, 2013
Authorized Shares 4,850,000,000 a/o Mar 31, 2013
Beneficial Shareholders: Kathleen Roberton
Three Billion Common shares (75%)
ABOUT COVENANT ALLIANCE GROUP, INC.
Covenant Alliance Group is on the third step of our Three Step Plan that began in
the fall of 2012. We are now newly emerging into a unique business model that
is truly exciting. We are now fully set up with Equity Trust who specializes in
managing a very large portfolio of clients who direct their own IRA's, known as
"Self Directed IRA". This now provides a true and tested way for our subsidiaries
to raise money from friends and family who have retirement accounts. In
addition, ARNH will continue to focus on the acquisition of businesses ranging
from three to thirty million in revenue with a minimum of two years in business.
We currently are actively working on four additional acquisitions. The primary
focus of the ARNH is now to continue to place assets on the books (companies),
and in Q3 raising revenue to get rid of the going concern and getting all of the
combined assets fully audited, which is now underway."
Results of Operations:
During the second quarter of 2013 ARNH focused on the completion of two
highly profitable, diverse business acquisitions. At the end of Q2 we successfully
turned around the balance sheet that now has no affiliate debt, very little non-
affiliate debt; cash in the bank account, revenue, accounts receivables and other
assets in the amount of $17,355,286 million in assets. This paves the way to now
focus fully on removing the going concern, completing the 2 year audit and
strategically working to qualify for the NYSE Alternext (AMEX).
June 17, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) Announces They Have Acquired A Business Currently Valued At $3,000,000 With Sales In Place To Exceed $4,000,000 By The 4th Quarter of 2013.
May 7, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) Announces They Have Acquired A Thriving Affordable Housing Business That Has High Growth Potential As They Provide Low Cost Housing On A "Lease To Own Basis".
May 6, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) CEO Kathleen Roberton Announces A New Direction & A New Objective.
April 10, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) Announces it has retained MaloneBailey to file the required audited financial statements...
March 25, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) Announces that it has acquired Covenant Flight Group, a National Aviation Management and Flight Services Company and it's fleet of aircrafts; the value exceeding $1,500,000
March 14, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) Announces that it has reached a Memorandum Of Understanding with the majority of its existing non-affiliate debt holders to retire their debt for convertible preferred stock.
March 12, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) Announces the acquisition & assignment of the first multi million dollar asset in conjunction with ARNH's "Three Step Plan"
March 11, 2013
The Automotive Resource Network Holdings, Inc. (ARNH) CEO Kathleen Roberton sets new agenda for the Company with a Three Step Plan
The latest acquisitions:
Alpha Omega Services LLC (Armageddon Armory) http://armageddonarmory.com/
With known websites as http://www.gunsamerica.com/
(a platform for purchase and sale of weapons) http://www.nationalguntrader.com/
(shop for weapons) http://www.davidsonsinc.com/
(search machine for weapons)