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aret is the best shape it has ever been (other than the stock price) for those who sold i believe they will regret and for those who tried to manipulate the stock price down, prepare to pay for your bad deeds.
all in my opinion
are there any words from you or anyone else to s-1 ??
doesn´t look as good as we all hoped, or am i wrong ?
how will management do to get us back to alltimehighs ???
hope it will come as they told us - news, drillings, investors, directors ,.....
thomas
Also Funds involved.
Common Stock
Burlingame Equity Investors Master Fund, L.P.
One Market Plaza, Suite 3750
San Francisco, CA 94105
Direct 740,249 (4) 7.8 %
The Offering
In May 2011 we entered into a purchase and sale agreement which was subsequently amended, for the purchase of certain oil and gas properties in Colorado, Kansas, Wyoming, and Montana. The final purchase price for the acquisition was $11,000,000. The purchase was part of our strategy to enter the oil and natural gas exploration and production business. We completed the property purchase under the purchase and sale agreement, as amended, in the third quarter of 2011. The payment of the final installment payment was financed through the completion of a private placement of 522.5 shares of our convertible preferred stock. Shares of our convertible preferred stock are convertible into shares of our common stock at a conversion price of $3.30 per share, subject to customary anti-dilution adjustments, including in connection with stock dividends and distributions, stock splits, subdivisions and combinations. Under the terms of the sale in the private placement, we are required to register with the SEC the resale of the common stock issuable upon conversion of the convertible preferred stock. This prospectus covers the resale of 1,583,333 shares of our common stock by selling shareholders in market or negotiated transactions. None of the shares are currently outstanding but are issuable upon conversion of our convertible preferred stock held by the selling shareholders. The following table summarizes certain information concerning this offering.
Very nice October surprise. I have some reading to do over the weekend. All aboard....:)
And the rest of them as well...
Oilbull...i think they call it a October surprise :)
Definition of 'SEC Form S-1'
The initial registration form for new securities required by the Securities and Exchange Commission (SEC) for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange.
Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, as well provide a a brief prospectus of the planned security itself, offering price methodology, and any dilution that will occur to other listed securities. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel.
Form S-1 is also known as the "Registration Statement Under the Securities Exchange Act of 1933".
Definition of 'SEC Form S-1'
The initial registration form for new securities required by the Securities and Exchange Commission (SEC) for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange.
Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, as well provide a a brief prospectus of the planned security itself, offering price methodology, and any dilution that will occur to other listed securities. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel.
Form S-1 is also known as the "Registration Statement Under the Securities Exchange Act of 1933".
Read more: http://www.investopedia.com/terms/s/sec-form-s-1.asp#ixzz2A9HQLZO3
From June 30th
Despite these economic and operational challenges, we were able to stay focused and post solid financial and production results, while significantly trimming our G&A expenses. Going forward, we expect to report strong revenue growth and gains from strategic sales as opportunities present themselves."
I agree...$2-3.00 is a fair price for what ARET has accomplished. The MM's can't even fill a 2000 buy...they have to naked short it. They are anxiously waiting as well...I would bet that large investors...institutions...hedge funds...even new Board members, might start buying heavily after the S-1a is released...
Either on the train when it leaves the station or not...
But I also agree...when higher production...joint ventures...etc..are realized, like aquisitions...we will take off much faster...just to get to a fair value in the industry PE....
Patience...key to investing...
hi gush
yes trading at 2times earnings is absurd (i think 10-15 times is the real price, maybe 18 don´t know)
we all can only hope that s-1 will bring us the big rebound and new investors - but i think not more than 2-3 $ my guess
when there will be out news about drillings and so on and change of stock exchange then it will be a BIG ROCKET and will rice up much more faster than felix baumgartner reached the earth
hope the management have enough good stuff for us all
IMO !!!
thomas
Tom..I think the 8k-a is the prelude to the s-1a. But...if such little volume moved us to this level, what do you think heavy volume will do :) There is so much more of an upside here then downside. Pure and simple...and the traders that might have made money on the downside here...will also make money on the upside. Just more to be made on the upside now...especially with all the news we expect to be coming our way.
Trading at what..2 times earnings, to date?? LOL...come on...patience will be rewarded,,IMO...
slow and steady wins the race...
And the location :)
Good news...."It would be the first one built in the United States in more than 30 years." About time!
Refinery to be built.Boom time is close:)
http://www.valleynewslive.com/story/19792260/new-north-dakota-oil-refinery-moves-closer-to-reality
everything is possible
i meant "christmas" cause SEC is working slower than slow
Is there a x-mas in October?
but maybe i asked wrong to the sec
we will see
sec is working very fast just 4 months till i get the answer
if they work as fast as at s-1 then it could be christmas or later...
i asked SEC weeks ago how long it could take to proove s-1
that´s the answer -->
The SEC does not analyze Form S-1 filings to “prove” or verify the accuracy of all of its contents. Rather, CEOs and CFOs of publicly traded companies generally certify under oaths as to the accuracy of their recent SEC filings. If, however, you are alleging that a particular filing includes false or misleading information, please provide us with specific details, including the company’s name and your contact number.
WHY takes it that long time ???
thomas
I don't know it it would be required for shareholder approval. However, who would oppose that. Let's see what happens when the shares are called in for AMEX...can't go naked on AMEX, Shares will need to be in hands first...
always darkest before the dawn. I agree..we will bounce back..and fast
Gusherman, in regard to a certain oil and nat gas company, would it need shareholder approval for an uplisting to a higher exchange after its S1 is approved?
I read that private companies looking to do an IPO can only schedule the IPO once (1) the S1 is SEC approved and, (2) the private investors approve it.
And the process of getting the details of the S1 adjusted to satisfy the SEC may take several months of back and forth communication between the company and the SEC.
Old news is definitely good news..How people forget.
http://ir.stockpr.com/areteindustries/all-sec-filings/content/0001193125-12-164739/d313322dex991.htm??TB_iframe=true&height=auto&width=auto&preload=false
http://www.globenewswire.com/news-release/2011/05/31/448415/223290/en/Arete-Industries-Inc-Announces-Completion-of-10-Million-Acquisition-of-Oil-and-Gas-Assets.html
And with the Ryder report...our value will simply increase as the price of oil rises...and Domestic, is key over the next 20 years and beyond..especially with fossil fuels...
Good point there Gusher never liked that guy...Oil $150 a barrel in 2013 JMHO.
Those characters will never learn.They all had a chance to take profits.They know it and I know it.Now those characters are frustrated.Maybe I can help them understand and be a good Samaritan.
Always take at least some profit at 20 to 25%..
Here is the link on the basics of investing.Hope it helps characters.
http://trading-stocks.netfirms.com/profit-taking.htm
Especially since more production will be coming from that state :)
Gush,nice to see that(DNR Oil and Gas, Inc) Arets LICENSE was renewed in the state Kansas of late.:)
LICENSE= EXPIRES= STATUS = COMPANY
30425 = 07/30/2013 = Active = DNR Oil and Gas, Inc.
Man oh man...the posters are going crazy today. I wonder if the shorts got wind of the pending news :)
Seems those characters can't find anything to do with their time but post and post such BS. They must be lonely...or maybe, they heard something about the S-1 :)
Hmmmmmmmmm....I would hate to be short when the S-1 becomes effective
next stop...AMEX
Tickets to the ballgame? On sale right now...35 cents....and remember, sales never last forever :)
Go ARET
"Correct,especially when there is institutions and individuals that are reviewing the balance sheets as we speak"
Please is that why the great volume today
Correct,especially when there is institutions and individuals that are reviewing the balance sheets as we speak.(Very under valued).The S-1 will put ARET on a much larger Plateau.X-Mas early for the longs.:)
let us wait when s-1 is out (maybe next 4-6 weeks ??)
don´t know if shorter have to cover then but i think no - have to wait to other stockexchange
but hopefully we will see some great news about investors or drillings and so on
and hope management tells about the new targets and also that we do not earn 60ct per share this year (nobody could know that SEC takes that long time) - when they are true to the shareholders nobody would have a prob with it, or ?? - IMO
thomas
Everyone take a look at SFLY... 13 cents in earnings...PE of 220...close to 50% short interest in stock...40 million OS...
then look at ARET....trading at what I expect us to beat this year in earnings...only 8 Mill OS...I beat as much short interest, only naked...(Big difference)
and we don't need to create anything...manufacture anything...market a product...
That was done over 40 million years ago. new technologies can tap once unrecoverable reserves...Domestic need for energy source other then mideast...reserves...earnings...leases...increased production...joint ventures...new board directors...getting ready for AMEX
When the S-1 becomes effective...new ballgame...IMO
I say ARET is ready to explode to the upside....
GusherMan, I was reading Ohio may have 5.5 Bil barrels of oil...you know if if Aret has any leases there...Not sure but I think I recall someone on the ragingbull board from Ohio showed up there.
One never knows...but, management might have suspected that the S-1 might take longer then expected...and give them time, and silence, to emerge in a much stronger position...
Just because we're in the quiet period...business continues...and who knows what they have accomplished during this quiet period.
Surf..I'm confused. I thought Bonehead and Doggie said ARET was trying to go private? I thought they said that ARET had no wells to drill? or that they had no money to even try to drill? Am I wrong in my thinking somehow? I'm really confused now...I thought that until they paid some property tax, they weren't a real company?? Now..I'm really at a lost. I also thought that ARET could never put out any filing...so, whats up with this thing called an 8-k? Doggie said they never file anything with the SEC...
wow...I better think again about this company. And what is this thing called a "short" ? Bonehead head has posted so many times that ARET has no shorts...i don't know what to do...
Hmmmmmmmm
Looks like there was a couple aret shorts today
20121005|ARET|20000|0|21300|O
G
No doubt in my mind aret goes up and aret will survive over the dark force
Aret could have received a verbal approval regarding the s1. I like the fact aret is dilling or has been drilling. Looking forward to a jump in aret's daily production. I know someone who is in preferred and i do believe he is getting his interest payment. This proves that the posts on other board equalsis raw sewage.
TOMTOM. Business continues as usual during S1 period and anytime there is a material change in the company, they have to notify the public with an 8-K.
That's what they have done.
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