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ARNH ( HUGE NEWS OUT ) OVERSOLD !
THE AUTOMOTIVE RESOURCE NETWORK HOLDINGS, INC. (ARNH) CEO KATHLEEN ROBERTON ANNOUNCES A NEW DIRECTION & NEW OBJECTIVE FOR ARNH
Print
Alert
The Automotive Resource Network
Holdings, Inc. CEO, Kathleen Roberton is pleased to announce that ARNH is
making significant progress in adding value to its balance sheet. ARNH is in
the final stages of negotiations to acquire several profitable enterprises as
wholly owned subsidiaries, for Convertible Preferred Stock. Much more
information will be forthcoming on these companies as ARNH moves to closure on
each of these agreements.
This
approach of acquiring many different companies and/or buying debt or equity
securities in different issuers is consistent with the New Direction of ARNH. The
goal is to become a 1940 Investment Act Company, or appropriately be defined as
a Business Development Corporation. This is by far the best move in order to
insure that each individual that has
made a financial investment to date,
either in common shares or preferred shares has the best opportunity going
forward. ARNH is hosting an important conference call today on Monday, May 6,
2013 at 2:00 p.m. Pacific Time / 5: 00 p.m. Eastern Time to
further clarify how we intend to protect common shareholders in this new and
dynamic direction for ARNH.
The
live call will include a moderated Q&A, after the prepared remarks. The
dial-in telephone number for the live audio is as follows:
North
America: 1.605.475.6700 Access Code 728728#
Kathleen
Roberton, CEO, The Automotive Resource Network Holdings Inc., states: “The New
Direction of ARNH will make us leaner and meaner. We understand that part of
building shareholder value, is committing to enhance shareholder equity. We
intend to enhance not only our balance sheet, by aggressively pursuing
profitable enterprises, through forward acquisitions or asset purchase
agreements, but we also plan on being proactive with our disclosure
requirements and our obligation to answer shareholder inquiries. A top priority
for ARNH will be to host more frequent shareholder conference calls to appraise
and clarify the progress being made with our stockholders. We have been
derelict in those duties in the past, and understand that in order to repair
shareholder confidence, we must have a constant informative dialogue with our
shareholder base. We have also committed not to file for a Reverse Split with
FINRA, until we can justify that the price would warrant the reverse as it mirrors
the value of the audited consolidated financial statements. Any future RS, a
subject of dialogue, will be selected to provide our newly found shareholders
of record (many being our past common shareholders who have suffered loss) the
opportunity to be part of a registration statement with the SEC. Additionally,
the pivotal part to becoming a BDC, which for us is the right move to make for
the following reasons: a BDC holds the Officers & Directors to a higher
standard, increases the size of the board, while positioning our enterprise as
a dividend and equity opportunity. Our goal is to pay our Convertible Preferred
Stockholders cumulative dividends on a quarterly basis, so as to eliminate the
threat of repetitive dilution under the New Direction.
Kathleen
Roberton further states, “Management has removed almost $500,000 of affiliated
debt from the balance sheet and over $100,000 in non-affiliate debt.
Previously, our note holders converted their debt in order to receive payment;
moving forward this will not be permitted outside a registration statement. We
now have increasing equity and negligible debt on the balance sheet. In order
to become a BDC it is a prerequisite to have our debt to equity ratio below
50%, which we now meet. In addition, we have already made some acquisitions,
and will be making more focusing on a much diversified portfolio, another requirement
of a BDC. Our objective moving forward
will be to acquire existing profitable private companies, through convertible
preferred instruments and pay dividends to the shareholders. We have the contacts
to add and book the value, and we now have the expertise to parlay that value
into shareholder equity.”
We
look forward to any further inquiries from our stockholders. For more
information, please send your questions to ARNH.corporate.services@gmail.com if you
cannot participate on today's conference call.
About The Automotive Resource Network Holdings Inc.:
The
Automotive Resource Network Holdings, Inc. is newly emerging as a holding company
targeting the acquisition of undervalued, niche companies with high growth
potential, income-producing commercial real estate properties and high return
investments all designed to pay a dividend to our shareholders.
FORWARD-LOOKING
STATEMENT
ARNH
cautions that statements made in this press release constitute forward-looking
statements, and not guarantees of future performance, and actual results or
developments may differ materially from projections in the forward-looking
statements. Forward-looking statements are based on estimates and opinions of
management at the time the statements are made.
Contact:
Kathleen Roberton
tel:(212)-634-7470
SOURCE
The Automotive Resource Network Holdings, Inc.
ARNH ( HUGE NEWS OUT ) OVERSOLD !
THE AUTOMOTIVE RESOURCE NETWORK HOLDINGS, INC. (ARNH) CEO KATHLEEN ROBERTON ANNOUNCES A NEW DIRECTION & NEW OBJECTIVE FOR ARNH
Print
Alert
The Automotive Resource Network
Holdings, Inc. CEO, Kathleen Roberton is pleased to announce that ARNH is
making significant progress in adding value to its balance sheet. ARNH is in
the final stages of negotiations to acquire several profitable enterprises as
wholly owned subsidiaries, for Convertible Preferred Stock. Much more
information will be forthcoming on these companies as ARNH moves to closure on
each of these agreements.
This
approach of acquiring many different companies and/or buying debt or equity
securities in different issuers is consistent with the New Direction of ARNH. The
goal is to become a 1940 Investment Act Company, or appropriately be defined as
a Business Development Corporation. This is by far the best move in order to
insure that each individual that has
made a financial investment to date,
either in common shares or preferred shares has the best opportunity going
forward. ARNH is hosting an important conference call today on Monday, May 6,
2013 at 2:00 p.m. Pacific Time / 5: 00 p.m. Eastern Time to
further clarify how we intend to protect common shareholders in this new and
dynamic direction for ARNH.
The
live call will include a moderated Q&A, after the prepared remarks. The
dial-in telephone number for the live audio is as follows:
North
America: 1.605.475.6700 Access Code 728728#
Kathleen
Roberton, CEO, The Automotive Resource Network Holdings Inc., states: “The New
Direction of ARNH will make us leaner and meaner. We understand that part of
building shareholder value, is committing to enhance shareholder equity. We
intend to enhance not only our balance sheet, by aggressively pursuing
profitable enterprises, through forward acquisitions or asset purchase
agreements, but we also plan on being proactive with our disclosure
requirements and our obligation to answer shareholder inquiries. A top priority
for ARNH will be to host more frequent shareholder conference calls to appraise
and clarify the progress being made with our stockholders. We have been
derelict in those duties in the past, and understand that in order to repair
shareholder confidence, we must have a constant informative dialogue with our
shareholder base. We have also committed not to file for a Reverse Split with
FINRA, until we can justify that the price would warrant the reverse as it mirrors
the value of the audited consolidated financial statements. Any future RS, a
subject of dialogue, will be selected to provide our newly found shareholders
of record (many being our past common shareholders who have suffered loss) the
opportunity to be part of a registration statement with the SEC. Additionally,
the pivotal part to becoming a BDC, which for us is the right move to make for
the following reasons: a BDC holds the Officers & Directors to a higher
standard, increases the size of the board, while positioning our enterprise as
a dividend and equity opportunity. Our goal is to pay our Convertible Preferred
Stockholders cumulative dividends on a quarterly basis, so as to eliminate the
threat of repetitive dilution under the New Direction.
Kathleen
Roberton further states, “Management has removed almost $500,000 of affiliated
debt from the balance sheet and over $100,000 in non-affiliate debt.
Previously, our note holders converted their debt in order to receive payment;
moving forward this will not be permitted outside a registration statement. We
now have increasing equity and negligible debt on the balance sheet. In order
to become a BDC it is a prerequisite to have our debt to equity ratio below
50%, which we now meet. In addition, we have already made some acquisitions,
and will be making more focusing on a much diversified portfolio, another requirement
of a BDC. Our objective moving forward
will be to acquire existing profitable private companies, through convertible
preferred instruments and pay dividends to the shareholders. We have the contacts
to add and book the value, and we now have the expertise to parlay that value
into shareholder equity.”
We
look forward to any further inquiries from our stockholders. For more
information, please send your questions to ARNH.corporate.services@gmail.com if you
cannot participate on today's conference call.
About The Automotive Resource Network Holdings Inc.:
The
Automotive Resource Network Holdings, Inc. is newly emerging as a holding company
targeting the acquisition of undervalued, niche companies with high growth
potential, income-producing commercial real estate properties and high return
investments all designed to pay a dividend to our shareholders.
FORWARD-LOOKING
STATEMENT
ARNH
cautions that statements made in this press release constitute forward-looking
statements, and not guarantees of future performance, and actual results or
developments may differ materially from projections in the forward-looking
statements. Forward-looking statements are based on estimates and opinions of
management at the time the statements are made.
Contact:
Kathleen Roberton
tel:(212)-634-7470
SOURCE
The Automotive Resource Network Holdings, Inc.
ARNH ( HUGE NEWS OUT ) OVERSOLD !
THE AUTOMOTIVE RESOURCE NETWORK HOLDINGS, INC. (ARNH) CEO KATHLEEN ROBERTON ANNOUNCES A NEW DIRECTION & NEW OBJECTIVE FOR ARNH
Print
Alert
The Automotive Resource Network
Holdings, Inc. CEO, Kathleen Roberton is pleased to announce that ARNH is
making significant progress in adding value to its balance sheet. ARNH is in
the final stages of negotiations to acquire several profitable enterprises as
wholly owned subsidiaries, for Convertible Preferred Stock. Much more
information will be forthcoming on these companies as ARNH moves to closure on
each of these agreements.
This
approach of acquiring many different companies and/or buying debt or equity
securities in different issuers is consistent with the New Direction of ARNH. The
goal is to become a 1940 Investment Act Company, or appropriately be defined as
a Business Development Corporation. This is by far the best move in order to
insure that each individual that has
made a financial investment to date,
either in common shares or preferred shares has the best opportunity going
forward. ARNH is hosting an important conference call today on Monday, May 6,
2013 at 2:00 p.m. Pacific Time / 5: 00 p.m. Eastern Time to
further clarify how we intend to protect common shareholders in this new and
dynamic direction for ARNH.
The
live call will include a moderated Q&A, after the prepared remarks. The
dial-in telephone number for the live audio is as follows:
North
America: 1.605.475.6700 Access Code 728728#
Kathleen
Roberton, CEO, The Automotive Resource Network Holdings Inc., states: “The New
Direction of ARNH will make us leaner and meaner. We understand that part of
building shareholder value, is committing to enhance shareholder equity. We
intend to enhance not only our balance sheet, by aggressively pursuing
profitable enterprises, through forward acquisitions or asset purchase
agreements, but we also plan on being proactive with our disclosure
requirements and our obligation to answer shareholder inquiries. A top priority
for ARNH will be to host more frequent shareholder conference calls to appraise
and clarify the progress being made with our stockholders. We have been
derelict in those duties in the past, and understand that in order to repair
shareholder confidence, we must have a constant informative dialogue with our
shareholder base. We have also committed not to file for a Reverse Split with
FINRA, until we can justify that the price would warrant the reverse as it mirrors
the value of the audited consolidated financial statements. Any future RS, a
subject of dialogue, will be selected to provide our newly found shareholders
of record (many being our past common shareholders who have suffered loss) the
opportunity to be part of a registration statement with the SEC. Additionally,
the pivotal part to becoming a BDC, which for us is the right move to make for
the following reasons: a BDC holds the Officers & Directors to a higher
standard, increases the size of the board, while positioning our enterprise as
a dividend and equity opportunity. Our goal is to pay our Convertible Preferred
Stockholders cumulative dividends on a quarterly basis, so as to eliminate the
threat of repetitive dilution under the New Direction.
Kathleen
Roberton further states, “Management has removed almost $500,000 of affiliated
debt from the balance sheet and over $100,000 in non-affiliate debt.
Previously, our note holders converted their debt in order to receive payment;
moving forward this will not be permitted outside a registration statement. We
now have increasing equity and negligible debt on the balance sheet. In order
to become a BDC it is a prerequisite to have our debt to equity ratio below
50%, which we now meet. In addition, we have already made some acquisitions,
and will be making more focusing on a much diversified portfolio, another requirement
of a BDC. Our objective moving forward
will be to acquire existing profitable private companies, through convertible
preferred instruments and pay dividends to the shareholders. We have the contacts
to add and book the value, and we now have the expertise to parlay that value
into shareholder equity.”
We
look forward to any further inquiries from our stockholders. For more
information, please send your questions to ARNH.corporate.services@gmail.com if you
cannot participate on today's conference call.
About The Automotive Resource Network Holdings Inc.:
The
Automotive Resource Network Holdings, Inc. is newly emerging as a holding company
targeting the acquisition of undervalued, niche companies with high growth
potential, income-producing commercial real estate properties and high return
investments all designed to pay a dividend to our shareholders.
FORWARD-LOOKING
STATEMENT
ARNH
cautions that statements made in this press release constitute forward-looking
statements, and not guarantees of future performance, and actual results or
developments may differ materially from projections in the forward-looking
statements. Forward-looking statements are based on estimates and opinions of
management at the time the statements are made.
Contact:
Kathleen Roberton
tel:(212)-634-7470
SOURCE
The Automotive Resource Network Holdings, Inc.
FITX - NEWS OUT ! News Alert: Creative Edge Nutrition, Inc. Expands Industry Management Team
Gonna Be A Great Day Today!
Therefore Its Junk... |O|NEXT|O| lol
IMWL Your Joking Right? Way Oversold, With No Volume |O|NEXT|O|
OTC Pink No Information
http://www.otcmarkets.com/stock/imwl/quote
You Have High Hopes For A Shell Company Trading @ 0.0001 With No Bid Lol, I Hate To Tell You, But You Cant Believe Every Press That A Company Releases In Penny Land. Your First Mistake And Your Second Mistake Investing Into A "Shell" Company With No Assest/Value. Its Trading At 0.0001 For A Reason. Now Go Do Your DD And Quit Hyping Yourself Up About This P>O>S Stock!@
News Out, Double Bottom! Ready For A Huge Run Today!
Harbor Island Development Rolls Out New Marketing Campaign for Dual Saw Destroyer
6 hours 26 minutes ago - Close-Up Media
Harbor Island Development Corp., through its subsidiary BrandSeed Media Services, a multi-channel direct marketing service provider, announced that the Company will be launching a new print marketing campaign for The Dual Saw Destroyer manufactured by Infusion Brands International, Inc., a global consumer products company.
Harbor Island Devel
HIDC -News Out, Double Bottom Up 53% Yesterday Chart
Harbor Island Development Rolls Out New Marketing Campaign for Dual Saw Destroyer
6 hours 26 minutes ago - Close-Up Media
Harbor Island Development Corp., through its subsidiary BrandSeed Media Services, a multi-channel direct marketing service provider, announced that the Company will be launching a new print marketing campaign for The Dual Saw Destroyer manufactured by Infusion Brands International, Inc., a global consumer products company.
Harbor Island Devel
HIDC -News Out, Double Bottom Up 53% Yesterday Chart
Harbor Island Development Rolls Out New Marketing Campaign for Dual Saw Destroyer
6 hours 26 minutes ago - Close-Up Media
Harbor Island Development Corp., through its subsidiary BrandSeed Media Services, a multi-channel direct marketing service provider, announced that the Company will be launching a new print marketing campaign for The Dual Saw Destroyer manufactured by Infusion Brands International, Inc., a global consumer products company.
Harbor Island Devel
ARNH Huge News Out
The Automotive Resource Network Holdings, Inc. (ARNH) Announces It will be issuing Anti-Dilutive Convertible Preferred Securities to all of its common shareholders to protect their Investments.
ARNH Huge News Out
The Automotive Resource Network Holdings, Inc. (ARNH) Announces It will be issuing Anti-Dilutive Convertible Preferred Securities to all of its common shareholders to protect their Investments.
ARNH Huge News Out
The Automotive Resource Network Holdings, Inc. (ARNH) Announces It will be issuing Anti-Dilutive Convertible Preferred Securities to all of its common shareholders to protect their Investments.
were trading stocks not loading the boat ...
R.I.P Bag Holder's lol, Its going to the grey market and grey markets you have to find a buyer on the other end to buy your shares at the exact price and share volume, your gonna have the hardest time selling your sales jmho. good luck bag holders lol
REAC
REAC
Go REAC!! Looking For News MOnday :!
that volume is sells roflmfao.. not good and that new news, yah thats being paid to be put out by promoter's. Its a penny stock bro go do some dd
TIMBERRR!
Its Being PUMPED so Here Comes the Dump People Enjoy l;)
Its A Penny Stock Go Do Your DD And Read 10k
Cough* 1.8 Billion in New Shares Issued subsequent to year end. Cough*