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In reality, Cornell owned ol arne. Ol arne could not do anything without Cornell's permission. This is because awyi has always failed to meet their agreements with Cornell.
Interest mounted on the warrants for over 6 years; everyone should know that noone was going to give ol arne money. Maxed out AS, massive debt. Hell for 5 years there was no revenue. Arne sucked everything out.
NOW, out with the old investors, in with the new. Daytraders will have a field day again.
Ol arne wanted to talk about uplisting, contracts, etc; from the very beginning. At no time did he have financing...I said this many years ago....I sold @ $.10.
After a 100 to 1 RS the stock will open at $.01. Then back to triple 000's. BUT daytraders will make money. Ol arne will come out with a new symbol, same story, and new fish to fry.
Watch it...daytrade it...Ol arne will have his pr's.
Where have you been? Cornell still owns a boatload of Warrants. After the RS they will convert the warrants into new shares and splash them all over the market. Massive dilution will occur with new shares and Cornell will do well.
The shares ol arne gave to Cornell probably helps pay some interest on the warrants for all these years. Cornell probably sold those shares. Remember no decisions can be made without the consent of Cornell.
There probably will be a name change because Ariel Way Corporation's name is now mud.
Never hold these scammy stocks for long; NEVER!
It is funny how ol arne put it in the silly chat. He doesn't care if anyone participates in the chat but he is going to increase the AS and do a RS and you cannot trade your shares; "now is the time."
I had said ol arne was giving out his own shares because the AS was maxed. Of course he will pay himself back with POST RS shares.
Interest has been accumulating on the Cornell debt for many years. Cornell can't even convert the warrants into shares as the AS is maxed. No wonder the AS must also be increased. There will be massive dilution of new shares. All current shareholders will be squeezed out with little or nothing.
Good Luck
The only manipulation of this untradable stock was brought on by ol arne with his false and misleading pr's. Ol arne sold the long term bag holders down the river. Now on to Elsinore for more of the same.
Hey, the SEC specifically stated that AWYI stock trading was revoked due to failure to file. Ol arne states he has been in constant contact with the SEC. Obviously the SEC is tired of his BS. Investors are being protected by the SEC so ol arne cannot suck anymore individuals in with his 5 years of PR's which have NEVER materialized. Get Real!
I guess the SEC did not like ol arne's answer. He certainly can fool some board posters but the SEC has had enough of his BS.
I guess ol arne knows what's wrong with the filings now! Blatant and intentional lies by this fool. He knew he had no money yet, he knew of no problems with the filings. Money for payment is one big problem.
Hey what, ol arne has nothing more to chat about. Same ol scammer.
No MM will touch ol arne; five years of lies! He should go to jail.
'Do not let this get away from you"...hell, arne has been pulling this BS for 5 years. It is great the SEC finally caught up with him. Ol arne has no money and never did. All his pr's have been self-serving; no reality.
Hey junior....will you please explain the last 5 years of ol arne's bs. It was a good story in the begining; but now it has become old.
Please advise how many shares have been promised above the AS/OS>
Well, that sounds just like ol arne; trying to BS his way out of knowing. It is about time the SEC caught up with this self-proclaimed ceo.
That is correct Jscot. Ol arne tried to consolidate Syrei and Lime Truck financials into awyi. The problem was ol arne owned nothing and the auditors told him so. Now he is back at it again. He must not understand that awyi cannot consolidate what awyi does not own; real bright ceo.
Yes, and to cover those sales ol arnie will have to increase the AS/OS for Cornell or RS this sucker: But, this is a momo..make money
Hey, breaking news. Ol arne will have a new format for the chats. Quite an accomplishment after about 5 years.
Hey, have you heard from your buddy big-daddy. I used to criticize him for his pumping; his so called affiliation with Burg. I was heavily criticized by his group but I made money and he disappeared. Go figure.
Ol arne is still barking like the dog that he is. When these self-proclaimed, low life ceo's bark the same thing for 5 years; well it is time the SEC steps in.
If ol arne knew the "in and outs of financing" there would be no Cornell. Cornell used to offer death spiral financing and only desperate/unknowledgable ceo's participated.
Believe me, arne is no ceo. He would have been fired many times over, by real companies, for pr's he has issued without any results. Ol arne has never had any financing but for 5 years he has suckered in so many traders. No hope here; arne is a loser.
You are correct; nothing new in this letter. No financing, conditional acquisitions, no SEC filings since acquisitions are conditional, Cornell still a major problem. AWYI still is a shell company.
Basically this is what ol arne has been saying for years; still a pipedream.
All of ol arne's agreements are a two step process. Ol arne never has had the money to consumate any of his agreements.
Yes, Todd Mason is a director of Elsinore and his office location is the same as ol arne's. In June 2008 arne announced his intent to acquire a 10% stake in Facetime Strategy LLC; Todd Mason's company. And yes in March 2008 ol arne signed a letter of intent to acquire Mason Media Networks LLC.
These two seem to go way back; a couple of good ol boys.
My thoughts. Obama said this evening that he is willing to open energy generation on public lands. What would be better than "renewable forests" on public land.
No purchase of land for a 2 year renewable growth of forest; trees.
No direct government expenditure of money.
Build the green thing without taxpayers
I know this sounds simple; but it is very possible.
THE QUESTION is does this management have the vision or are they just trying to milk anyone.....
Ol arne has been taking money from awyi investors since Feb 2005. No reason to expect anything but the same.
The low bid and ask are ONLY a direct result of ol arne talking about this for 4 YEARS and not accomplishing anything at this point in time. NO FINANCING means NO BUSINESS. The SEC should shut this thing down!
He he he
Hey, you JR continue to say the same things as ol arne says. Please everybody can see what is or is not happening.
Your questions are probably too simple and too complicated. IMO at this time ol arne has no financing, has no business, has many liabilities, owes himself and possible others many shares which are maxed out. But he holds captive many shareholders who have no alternative but to hold. Unfortunately their loses are now long-term.
Just read the silly chats; he might as well post DITTO for the last 4 years.
Most pinks are not doing anything and the SEC is in process of eliminating trading on some.
Might have one last hurrah. Good luck.
Well I see that ol arne is still spouting the same ol BS; what for 5 years now.
I am sure that many investors want to give him $ for his pipe dream BUT they do not. He supposedly had the $ in the bag for Syrei and the other two outfits but the economy went bad.....duh. Hate to advise this guy but $ still are not available in our economy; especially for a pinky.
Ol arne tried to file SEC consolidated results before BUT he had not acquired anything; auditors said NO. He still has not acquired anything; thus no SEC filings.
The real question is if ol arne has investors what will he give them. Well I guess prefered stock with a reverse split of the commons. Awyi has no cash, no authorized shares, significant liabilities etc.
The weekly chat is funny. All questions should read DITTO. All responses by ol arne should read DITTO.
I still wish all players well.
Yes what you say is true. Now financial issues are determined by a 2nd investor. Soon there will be a third and fourth investor. Soon five years will become 7 years. Soon......................
Well said!
"The bashers are quiet." Historically I have offered concrete rational to my postings. I have discussed "Pr's, the closing of financial deals, ...etc.." I have laid out the history of Awyi. YET, I am a basher and you are not. Does that seem funny to you?
Highlight in today's business section, "Feds backing four more solar loans."
Yea, those gigantic $5 buys; hell the commission is twice as much.
CBYI has not been on the naked short list since 2005...no short here
Well that pretty much sums up ol arne's sec filings, prs, and chat sessions. "Nothing...nothing" 5 years of pumping with no results.
Well, I see the off topic, vulgar, personal attacks by one poster are being removed. Awyi is the subject matter.
I agree. I am sure ol arne boy is talking to Cornell as he needs their permission to do a RS or increase the AS per SEC filings.
All I have done is presented FACTS so GO back into the closet for 5 more years; you seem to excel there.
Brock/Block....who cares....arne owes him.
Because Ariel way does not own the contracts; Brock does. Ariel way is 2 installments in arrears to Brock.
READ: The terms of the Brock deal and ol arne giving himself unregistered and unissued shares are covered by 8K's.
DO NOT post to me anymore as you have no idea what you are talking about!!!!