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Also figure the dates/days progressively upon which given within the last couple of 8k's for closings/announcements that come into play... Can probably figure what is cooking, planned, eh?
Cancels... New "Forebearance" agreement now in place...
It's all good... On April 21, 2008, the Company executed a Forbearance Agreement (the “Agreement”) by and between Ariel Way, Inc. (the “Company”) and YA Global Investments, L.P. (formerly Cornell Capital Partners, LP, a Delaware limited partnership (“YA Global”) and Montgomery Equity Partners, Ltd., a Cayman Islands exempted Company and wholly owned subsidiary of YA Global (“Montgomery” and together with YA Global, the “Investor”). Pursuant to the terms and conditions of this Agreement, the Company was among others obligated to:
(a)
The Company shall issue to YA Global a Warrant to purchase 500,000,000 shares of Common Stock of the Company at an exercise price of $0.001 per share for a period of five years from the issuance date.
(b)
The Company shall amend the Company’s Articles of Incorporation related to its Series A Convertible Preferred Shares so that: (i) Holders of Preferred Shares will be entitled to receive dividends or distributions on a pro rata basis according to their holdings of shares of Preferred Stock when and if declared by the Company’s Board of Directors at an annual rate of eighteen percent (18%) effective as of the date hereof; and (ii) the conversion price as set forth in the Preferred Stock shall be equal to the lesser of (a)Ten Cents ($0.10), or (b) a seventy-five percent (75%) of the lowest volume weighted average price of the Common Stock as quoted by Bloomberg, LP during the twenty (20) trading days immediately preceding the date of conversion. Also, the Company is required to reduce the exercise price of an outstanding warrant to purchase 1,000,000 held by the investor to an exercise price of $.001 per share.
Giving Arne time to take care of the business plan and keep moving it forward, eh?
2nd Quarter 10Q looks/is good... 2 months of Syrei... Obviousily the PPS should be higher than it is...
Mason Media Network(MMN), as well as, FaceTime Strategy(FTS) acquistions/positions/closing haven't happened yet...
When/if they do before June 30th will be included within the 3rd Quarter financials, along with Lime Truck, Inc., that just closed (April30/May1), eh?...
10Q out... Haven't read it all yet, but the signature portion on page 31 is extremely intriguing right off the get-go...!?
http://www.sec.gov/Archives/edgar/data/1145254/000135448808000997/0001354488-08-000997-index.htm
LOL... Ok... I'll pick off some of the posters threads here on LTDI, though...
10Q out somewhere else last few minutes anyway, I need to review that, eh?
Also FTS 'lil', eh?...
What the heck's been going on here with LTDI and the board...?
Don't know if I can play "catch up" with ALL the posts from the last two days... there's alot of 'em...
Ditto... Our favorite color, eh?
Got a pop - BLDV +33%
LTDI, BLDV, AWYI, SPRL pop's for Monday...
Adding AWYI for good measure...
Understand that SPRL closed/is only @ .0005 and doesn't qualify for the POP board yet, but it will be IMO...
Fair post 'Argo'...
Another "Member Mark" for you, eh?
Chuckling... Aaanndd Ditto again...
Action and excitement works for all, eh?...
Let's go...
Thanks for the videos 'Merc'...
Merco's Link:
http://www.youtube.com/user/mercosurtrav
Thanks for the chart post 'redsoxnumba1'...
"Some indicators" looking good though, eh?
Absolutely 'Quik'... Yowza...
We're all good 'di4', eh?... LTDI should move this coming week...
LUM turning around?... Developments have been what they have been, but shouldn't be on the OTCBB...
Still holds multi-Millions in assets... Used to hold at least 1.2 Billion, eh?
Thanks for the chart post 'dalcindo'...
Way to go 'TAKI'... About time you set up your own gig, eh?...
BM'd your new board here during my sometimes Sunday evening read/scan varied online places kinda thing...
Keep working it, Bud... We'll keep checkin' back in...
Thanks for the efforts and work you put in to shared trading thoughts, ideas, news, etc., ... eh?
Nice... Thanks for the post 'Tony'...
'G_Money' as much as you are here and the "POP"'s that you put up you ought to be A.M.ing for 'LP' to help out, eh?... LOL...
Not according to "most" bank accounts 'LP'... lol...
You're just gaining POPularity, eh?... chuckle...
Nice job with your board here 'LP'...
"Shouldn't" be any 'lil' on the 2nd quarter 10Q we are waiting on, except for/other than informational purposes due to the filing date/completion, and about shares, etc....
LTI deal was signed/closed during the 3rd quarter, (on April 30/May 1st), for Ariel Way beneficial financial reporting... see Recent 8K filing - Exhibit 2.1 - Section 1.2 - 2nd paragraph, specifically... eh?
http://www.sec.gov/Archives/edgar/data/1145254/000135448808000762/0001354488-08-000762-index.htm
P.S. (hangover) Lot's of Juice(natural sugar) and aspirin(alka-seltzer) works for me... LOL...
Check out the share info 'tw1'...
Maybe "new" funding - expansion - relocation - contract(s) - all kinds of possibly deals... ??
We'll see, eh?
All just assumptions and my opionion of course...
Nice post 'Buckeye'...
Yes it is... Things to come still this month of May, eh?
Nice "Green" day all... Our favorite color, eh?
175? hey, hey, now... You already called 200 by Monday... LOL...
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29361025
Decent week though... "Green" our favorite color...
Somewhat better corrected volume, charts turned/turning looking more favorable... Much better direction this last week, eh?
Chuckle... 1000 buy @ .0045 ask and they drop it... HA...
They're all good and count when they're running "green" 'Sharga', eh?...
'DFB'... Excerpt from today's PR:
"About Latitude Industries
Latitude Industries, Inc. was founded by the Hernandez family in December of 1995 under Stealth Marine Inc.; the company built more than 30 boats between 1995 and 1998. In 1998, a joint venture between Midnight Express and Navigator Powerboats, a subsidiary of Latitude Industries, Inc., was founded to build the 39' and the 37' Wide Body Midnight Express. Since 1998 to the present, we have built more than 200 boats.
This venture led to a government contract to build more than 40 Midnight Express 39' Center Consoles for the U.S. Customs and Homeland Security to patrol the coast of the United States, the Caribbean, and the Gulf of Mexico. "
LOL... Just reviewed Mirrored 777's posted an hour ago... That's a chuckle...
Hey, Merc... Did you leave a flaming bag at the door when you passed by?
"btw this morning I walked by the SEC building in DC! ;)"
Who's been historically sitting "up" on the bid side yesterday and today besides UBSS?
I see that... Sswweeeeet...
I'm playing two day "catch up" here with info and "stuff"...