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Nice future tax write off
when Mr Dunhem turns this ship around
10k jan 08
As of September 30, 2007 the accumulated deficit was reduced to ($5,167,535) compared with ($5,767,026) September 30, 2006. This accumulated deficit may, on a limited basis, be offset against future taxable income. There are limitations on the amount of net operating loss carryforwards that can be used due to the change in the control of the ownership as a result of our stock exchange transaction on February 2, 2005 of the now wholly-owned Old Ariel Way subsidiary.
Two step process
Anybody have an idea whats involved???
How will Ariel Way Raise acuisition funds?????????
Difficult for them to get favourable terms from Investment banks with a history of losing money.Hope they dont issue a few billion more shares.
letter to shareholders
As we go, we also need to establish new agreements with highly respected investment bankers to support our financing strategy and raising of adequate capital for the growth of the business
10k jan 08
In order to implement our overall business plan including both the full development of a digital signage business, we intend to attempt to raise at least $10,000,000 over the next 12 months in order to fund:
· Expenses associated with acquisitions of companies;
· Investment in laboratory facilities including test and simulation equipment;
· Acquisition or licensing of certain intellectual property related to the development of a nationwide digital signage network and highly secure communications technology and software development technology;
· Compensation for employees and consultants;
· Legal and accounting fees and other general administrative overhead;
· General working capital purposes
In addition, we may need additional funds if we use a greater percentage of cash rather than stock in connection with future acquisitions
Tesdays wed normally pr days
Dont think the first step process of limetruck will be completed till early march
Ariel Way, Inc. Signs LOI to Acquire LimeTruck Advertising
January 16, 2008 - 8:00 AM EST
"has a two-step closing process with a first expected closing within two months. The terms of the transaction were not disclosed."
I reckon next prs will be updates and not deal closures.
Im hoping for a Little surprise from Mr Dunhem unrelated to Limetruck and Syrei
off topic sorry
Cjstocksup I dont
have pm so I cant pm You
I read your spouse has cancer
Check out a product called buah merah
Its made from a big red fruit in papua Indonesia
IT has amazing resukts believe me.Do agoogle hit and read about it.
Dont know the nature of your spouse illness but if you are interested pm me with an email address as i living in Bali and am very interested In local medecine which again again stuns me with miracle after miracle.well anyway the offer is open
Love it dont sweat the small stuff
Well all my posts are up for today
I wish you all a great day
Its still very early days with awyi
go awyi
thanks Countmike
The positive earnings of .01 was a ONE TIME DEAL primarily due to reduction of debt. The Net Loss from continuing operations was over $600K
Must be some posters with huge sharecounts to get so apprehensive.
All the top chart guys forcast a drop or consoliadtion or a tank job
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26739835
Mr Dunhem indicated a short delay in the first step process of Syrei deal due in late december.
5 weeks is more than enough for a short delay
News is coming the question is will it be wishy washy fluff
or dynamite news.
Im buying more
Touch of class Crashtheline
I commend you fair play to you
"I can't go that far back. But like i said early buys were matchign sells and look at the share price, its reflected that buying pressure is evident.
Congrats to those who can hold during this, you should be rewarded."
Blinded by greed and false hopes and dreams.
dadh133 well done I congratulate you on your prediction.Spot on short term.May I ask why you didnt sell and buy in cheaper?
"OK. I've been trying to tell you guys what's going to happen in the SHORT TERM but Crash.... seems to be the only one listening. Most of the others are blinded by greed and false hope/dreams. "
"LOL. I have NEVER day traded a stock in my life! I am holding AWYI for the gains I see during the rest of this year. I have not sold a single share! However, I will sell if I don't like the news that may or may not come."
I don't care if you believe me or not. Don't accuse me of something you have no idea about!
Wow huge volume
pevious posters state buys match sell and shares bought very quickly.Cjstocksup will tell you they did it twice last week on no volume only for sp to recover.
I respect the ta men but my hunch detector smells games before news.
we shall see
Nobody really knows how much nicosan is selling
It wasnt in xechems interest to be shouting from the rooftops increases in nicosan sales,not with Pandey looking for more spondoolics
Surprised we never heard from Pandey about basu the big bad wolf
I imagine his lawyers told him to stfu or you could find yourself residing in a warm cozy cell
Mr Burg should be hung drawn and quartered
he lied repeatedly
His buisness dealings should be followed and any new company he is involved in the shareholders should be alerted
By all accounts nicosan improves the lives of suffers is non toxic and cheap.Why in heavens name did Pandey go down the wrong road.Riches and award where only a couple of years away.
Maybe he realised nigerian government didnt take a fancy to him and took what he could.
How can a gifted investor like basu invest 7m into pandey.Its comical
If Nicosan is as effective as we think it is, there is alot of peoples blood on those who are responsable, hands.
I have certainly not given up on nicosan and xechem, my only concern is the sharks will take her private.
Lets face it things cannot get much worse
Ive a feeling we recover our losses this year and make a few pennies next year.
Lochute if i was ever on the frontline id love you to be in the neighbouring foxhole
Up xechem
ps the xechem film might gross more than nicosan sales
how about 150 million in two days
Drift and hinch can do their mexican standoff ha ha ha
Keep positive boys as everyday is a day closer to popping our clogs ha ha ha
Fringe on Awyi
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26736151
Dart on Awyi
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26734193
Sheff on Awyi
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26739402
Lowtrade on awyi (its old 14th jan but interesting read)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25986956
Im hoping Sheff is right,with no news Dart is on the money.
God help us if fringe has a crystal ball.
Great reading the different opinions and very educational.of course with solid news their analysis will be alot more upbeat.
When is the news coming...will it be today????
Ah sure its all good "loads of ways to skin a cat"
Its a lesson for me to go on read the sec filings again and again.It certainly gives a much clearer picture of the health of a company.In about 30 years time I might be able to decipher all the key relevant information in minutes.
An idea just came to me Ill get myself on a crash sec filings course.ha ha ha ha
Sneeking suspicon if we dont get a bounce .003s are on the cards.
If a decent pr comes out cjstocksup and bigdaddys well reported shorts will be clamering to cover.
This is why i love the market its so exciting
the best of luck to you and your investments
Hi Dart
thanks for charts
any chance when you have time you could give an opinion on thpw
Want to add to postion looking for chartist opinion
Many thanks in advance
NO COINCIDENCE
pandey and xechem head to mediators days after new suit filed by former member of staff.
Pandey must have given her the nod.Ill return a little of the money and you can sue for it.ha ha ha
Things are changing
Just a hunch
Would love to see some recovering nigerians on youtube singing the praises of Nicosan
If you believe average down
When news does begin to flow it will be a flood of real, solid concrete, meat and potatoes,share price rocketing news.
Up xechem
Hi Sheff
Been lurking around your board these past few days
Check out fringe damming assesment on awyi
Im holding and continue to buy on dips
I will be concerned if we get no bounce tomorrow
If not .003s are on the cards.
In your opinion Sheff has awyi paid off all debt in restricted shares?
Genuinely looking for info yet difficult to get pointed in the right direction for concrete proof.
Have read the 10k 3 times,im not an accountant and sec filings are not my forte.
I love reading the board its educational
Thanks
Thanks G Money
"cj gave me the heads up on the no debt-but i've heard more than one poster post such - as far as i know there is no debt -i believe the last of thier debt was paid off in restricted shares"
So cjstocksup gave you the heads up and when I ask him he refers me to the 10k and when I ask him to show me where in the 10k he refers me to you.Does anybody know where in the 10k does it state that all debt has been paid.????
I will reread the 10k (3rd time)and I have all ready emailed Mr Dunhem.
I really feel that maybe the moderators can select one person to contact Mr Dunhem on a forthnightly basis.
The poor man is Ariel Way
Hes a one man band that deserves our support
Hes in his sixties and no spring chicken
He has no staff secretary,all paperwork email phonecalls are done by himself
He has worked past 4 years without salary
If he manages to make Ariel Way a sucess he is a genius with big brass balls.
Im at 1.8m and will be adding on any dips
Would love to engage in positive constructive debate
Never been a member of the ra ra ra ra ra ra ra ra club
In my experience it quickly turns to ah ah ah ah ah club
Thanks for your reply
Read the 10k twice its not there
maybe somebody can point it out to me.many thanks in advance
On December 31, 2007, we reported in a current report on Form 8-K that the Company issued pursuant to a Board of Director’s resolution on November 21, 2007, an aggregate 349,886,779 shares of restricted common stock to several parties in exchange for canceling an aggregate of $593,839.34 in debt and liabilities.
During the period ended September 30, 2007, we were focused on reducing our debt and liabilities. As a result of a settlement with Loral Skynet on June 14, 2007 for prior debt, the liquidation of the UK operation of dbsXmedia, Ltd. and the cancellation of certain debt and liabilities, we recorded a significant other income which resulted in a net income for the year.
As of September 30, 2007 cash and cash equivalents was -0- compared to $46,050 as of September 30, 2006. Cash balances decreased as the company worked to satisfy substantial outstanding debts. As of September 30, 2007, accounts payable and accrued expenses were $2,109,976, compared to September 30, 2006 balances of $2,889,260. This reduction was due to substantial effort in reducing liabilities and debt during the fiscal year ended September 30, 2007 as a result of a settlement with Loral Skynet, the liquidation of dbsXmedia, Ltd (UK), the ceasing of operation of dbsXmedia (US), and the cancellation of other debt and liabilities. We intend to continue to significantly reduce our liabilities and debt.
As of September 30, 2007 the accumulated deficit was reduced to ($5,167,535) compared with ($5,767,026) September 30, 2006. This accumulated deficit may, on a limited basis, be offset against future taxable income. There are limitations on the amount of net operating loss carryforwards that can be used due to the change in the control of the ownership as a result of our stock exchange transaction on February 2, 2005 of the now wholly-owned Old Ariel Way subsidiary.
As of September 30, 2007, the Company had cash and cash equivalents of -0-. The Company was unable to satisfy current debts, and is in default in its loan obligations. The focus of the Company during the fiscal year ending September 30, 2007 has been to significantly reduce accrued and outstanding liabilities and debt.
Total operating expenses were $841,415 and $3,024,692 for the fiscal years ended September 30, 2007 and 2006. The significantly reduced operating expenses from 2006 to 2007 were due to an overall reduction of the operational organization. Salaries decreased from $473,957 to $40,428 in 2006 to 2007 respectively, professional fees decreased from $840,411 to $610,096 in 2006 to 2007 respectively, and rent decreased from $414,468 to $51,325 in 2006 to 2007 respectively. Bad debt expense decreased from $268,026 to -0- in 2006 to 2007 respectively, and loss on conditional guarantee no longer applied due to settlement with Loral Skynet resulting in a reduction from $303,328 to -0- in 2006 to 2007 respectively. Further, during year 2007, there were no expenses for the issuance of options or warrants, since none were issued during the year. Operations and Net Income
The net income for the fiscal year ended September 30, 2007 was $599,491 compared to a net loss of ($3,069,411) for the fiscal year ended September 30, 2006. The change to net income compared with previous year’s losses were the result of other income of $1,240,797 recorded as a result of significant debt and liability reductions to include a settlement of significant debt and liability to Loral Skynet, the liquidation of dbsXmedia, Ltd (UK), the ceasing of operation of dbsXmedia (US), and the cancellation of other accrued debt and liabilities. We intend to continue to significantly reduce our liabilities and debt.
As of September 30, 2007 the accumulated deficit was reduced to ($5,167,535) compared with ($5,767,026) September 30, 2006. This accumulated deficit may, on a limited basis, be offset against future taxable income. There are limitations on the amount of net operating loss carryforwards that can be used due to the change in the control of the ownership as a result of our stock exchange transaction on February 2, 2005 of the now wholly-owned Old Ariel Way subsidiary.
However, if revenue and cash provided by operations do not outpace our expenses, if economic conditions weaken or if competitive pressures increase, our ability to meet our debt obligations and our financial condition could be materially and adversely affected, thereby potentially adversely affecting our credit ratings, our ability to access the capital markets and our compliance with debt covenants.
We will need to raise additional capital to continue our operations and consummate any future acquisitions or we may be unable to fund our operations, promote our products or develop our technology
We have relied on external financing to fund our operations and acquisitions to date. Such financing has historically come from a combination of borrowings from, and sale of common stock to, third parties and funds provided by certain officers and directors. Over the next two years we need to raise additional capital to fund additional acquisitions and/or to fund operations. We anticipate that these additional funds will be in the range of $10 million to $20 million, depending on the pace and size of our acquisitions. We cannot assure you that financing, whether from external sources or related parties, will be available if needed or on favorable terms. The sale of our common stock to raise capital may cause dilution to our existing shareholders. If additional financing is not available when required or is not available on acceptable terms, we may be unable to fund our operations and expansion, successfully promote our brand name, products or services, develop or enhance our technology, take advantage of business opportunities or respond to competitive market pressures, any of which could make it more difficult for us to continue operations. Any reduction in our operations may result in a lower stock price
hope this helps!!!!!!!!
Thanks cjstocksup
What I dont understand is why after 10ksb was released Mr Dunhem emailed G money with
"On debt
and liabilities, we will make more announcements on additional significant
reductions."
If you have time could you direct me to exactly where in 10k does it say that all debt has been paid off.I would be gratefull.
The daily flucuations are not a problem for me as ill buy right up to a penny and down as low as.004
Im hoping to get a decent number of shares together before the 2nd step process is completed.
I see you have followed awyi very closely these past 3 months.
Have you any idea whats involved in the 2 step closing process and have you any idea of timelines?
Many thanks for any info and reply
Hi Gmoney
Im hoping you can clear up something regarding awyi and debt.Many posters here are claiming that awyi has no debt.
yet on the email to yourself 15th jan 07 last line Mr Dunhem states
"On debt
and liabilities, we will make more announcements on additional significant
reductions."
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26022217&txt2find=arne+dunhem+
Can you tell me have I missed something.This indicates that awyi has debt.
Disclosure I have added significantly to my position today.
I know I have asked this question before and posters have answered that awyi has no debt.
What is your opinion?
Some of Syrei clients
http://www.syrei.com/clients.html
Very impressive
I would still love to know what the 2 step closing process are???
With regards Limetruck the first step should take less than 2 months according to pr jan 16th
http://app.quotemedia.com/quotetools/popups/story.jsp
That would put the first step closing before mar 16th?????
The first step for Syrei deal was due december 07
"The transaction, which is subject to the signing of definitive agreements and customary closing conditions, has a two-step closing process with a first expected closing in late December 2007. The terms of the transaction were not disclosed"
Mr dunhem jan 09
"We have had a short delay in the process but are still anticipating an early completion of the transaction"
Ariel have plenty of scope for real meat and potatoes prs
ie the first step of two step process has been completed.
It looks like the Syrei deal is months ahead of limetruck.
Wonder if there may be a surprise pr this week unrelated to Syrei and limetruck deal.
Im a buyer again this week
short interest according to pinksheets 58,865 jan 15th
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=awyi
Some posters watching everyday believe it in the region of 50 million.
Any like to educate me on different ways to measure shorts positions ???????
Hoping for dynamite news to create huge momentum
Financing Syrei and limetruck deals
Is it okay to ask has anybody on this board got any indication from Mr Dunhem where financing is coming from?Yes a previous poster called me a basher for asking this question which I felt a little unfair.
I have emailed Mr Dunhem to ask same question,allthough I really do feel his time is better served completeing deals as prd as opposed answering emails.
Since Ariel is in the communications and media buisness it may be a great idea for Mr Dunhem to set up a monthly conference call with his shareholders.It could show awyi technology in action,it could save Mr Dunhem valuable time answering emails phonecalls etc,it would further raise awyi profile.Maybe some posters allready in contact with Mr Dunhem could suggest this,if not im more than willing to phone him myself if this board thinks its a decent idea.Slon had a similiar conference call that worked very well.
I am getting very excited about this companies future.
heres some dd for anybody interested
http://www.marketvisual.com/d/Ar/Arne_Dunhem_4064_1.htm
according to buyin.net
http://www.buyins.net/tools/symbol_stats.php?sym=awyi
However i do tend to trust bigdaddy,cjstocksup and sheffs judgement regarding shorts.cjstocks has been observing awyi daily for 3 months.
Makes way for explosive covering on serious no fluff news (deal completed)
10ksb courtesy of Phisherman
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26471468
Out of my three posts for today.
Thanks for all info dd supplied by posters
Hope you dont mind my reposting your dd its fantastic stuff for potential newbies
Will add any dd I can dig up
Many Thanks
Thank you for kind welcome
I am most certainly not a basher or flipper and im sorry Marionothis is having problems.
ive just dipped my toe into the water with 1m shares
Looking to add if my interest grows.
Mr Dunhem resume impresses me.I found no negatives as yet.
I do hope its okay to ask valid questions regarding awyi
Much has been posted about awyi having no debt
Is it possable somebody can clear this up for me
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26022217&txt2find=arne+dunhem+
on the 15th jan Mr Dunhem emailed this to G Money
The last sentence indicates that awyi still has debt
Has anything changed since this email ??????
in sept 07
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22949851
I think its fantastic the company has drastically reduced debt.
Im not so sure the company is debt free.
I sincerely hope that its okay to ask relevant questions paticulary if one is new to awyi.
Many lurkers out there possably thinking the same.
Heres a few great dd sources by posters on this board for any similiar newbies like myself
courtesy of sheff
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26314936
courtesy of bojex41
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26342244
courtesy of bigdaddy
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26597041
courtesy of caddilac13
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25916916
Thank you to posters willing to share info and educate this newbie
Thanks cjstocksup for reply
Thank you for kind welcome
I am most certainly not a basher or flipper and im sorry Marionothis is having problems.
ive just dipped my toe into the water with 1m shares
Looking to add if my interest grows.
Mr Dunhem resume impresses me.I found no negatives as yet.
I do hope its okay to ask valid questions regarding awyi
Much has been posted about awyi having no debt
Is it possable somebody can clear this up for me
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26022217&txt2find=arne+dunhem+
on the 15th jan Mr Dunhem emailed this to G Money
The last sentence indicates that awyi still has debt
Has anything changed since this email ??????
in sept 07
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22949851
I think its fantastic the company has drastically reduced debt.
Im not so sure the company is debt free.
I sincerely hope that its okay to ask relevant questions paticulary if one is new to awyi.
Many lurkers out there possably thinking the same.
Heres a few great dd sources by posters on this board for any similiar newbies like myself
courtesy of sheff
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26314936
courtesy of bojex41
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26342244
courtesy of bigdaddy
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26597041
Thanks cjstocks up for reply
Im very interested in private investor 500/600k
Short position
Wading back through many posts i see several posters referring to large short position (bigdaddys opinion 50 million)
wed thurs and friday the sp was dragged down along ways only to recover towards close.
any comments welcome
Hi dadh133 nice to read level headed balanced post.
You wrote(good ceo no debt)
Has awyi paid all of its debt in restricted shares or is there still debt outstanding to your knoledge??????
Any ideas what the 2 step closing process are ????
tia
Hi new to awyi with 1 million shares
Anybody have any ideas on what the two step closing processes are for the limetruck and syrei deals.
Any idea how these deals are going to be financed????
The debt has been converted to restricted shares as opposed revenue paying off debt.Im scratching my head wondering where finance is coming from for new deals espeically the syrei deal.
Any comments appreciated