Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You are forgetting one of the most important points, that has not been mentioned in a while. Cornell still has yet to be paid. They still own a pretty sizable amount of prefferd shares. That i imagine they are iching to get rid of. So a R/S and an A/S Incress makes perfect sense.
Yeah a letter to the shareholders
Ariel Way, Inc. Issues Letter to Shareholders
The Chairman’s Letter to the Shareholders summarizes the plan going forward after SEC action (http://www.arielway.com).
Washington, D.C., July 12, 2012 -- Ariel Way, Inc., (OTCPK: AWYI) www.arielway.com Chairman, President and CEO Arne Dunhem issued the following Letter to Shareholders:
Dear Ariel Way Shareholders:
On July 10, 2012, Ariel Way, Inc. submitted an Offer of Settlement that was accepted by the Securities and Exchange Commission (SEC) for the purpose of settlement of proceedings initiated by SEC against Ariel Way on May 3, 2012. On the basis of an Order by SEC and Ariel Way’s consent, the SEC found that Ariel Way had failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder because it had not filed any periodic reports with the SEC since the period ended June 30, 2008. In view of the foregoing, the SEC deemed it necessary and appropriate for the protection of investors to impose the sanctions specified in Ariel Way’s offer. Accordingly, it was on July 11, 2012 ordered by the SEC that: Pursuant to Section 12(j) of the Exchange Act, the registration of each class of Ariel Way’s securities registered pursuant to Exchange Act Section 12 was revoked.
The Management of the Company believes that the offer to the SEC was in the best interest of the investors and the Shareholders of the Company. We realize it is a very disappointing development, but we would like to look at this as an opportunity for the Company to have a new fresh start. This certainly does not mean that the Company stops operating, rather the opposite. We believe this opens up new possibilities and opportunities going forward.
The Company has engaged Michael Studer CPA P.C. to conduct audits of the Company’s financial statements for the years 2008, 2009, 2010 and 2011 and these audits are underway. As soon as these audits have been fully completed, we intend to file a Form 10 Registration Statement with SEC which we understand will go effective automatically within 60 days. The Form 10 will include audited financial information for the last two years (2010 and 2011). After submitting Form 10 we intend to file a Form 211 with FINRA to commence trading again. The SEC and FINRA may have additional questions and comments which will require a response from the Company. This process can take some time therefore we cannot give an exact time for the commencement of the trading. It is Management’s intention not to return to the OTC Pink but to have Ariel Way’s shares begin trading immediately on the OTCBB and/or OTCQB and later on the OTCQX.
The shares of Ariel Way stock that you currently own have value and will continue to have value when the Company’s shares commence trading again. Upon the commencement of trading of our shares, you will be able to trade your shares as before.
We intend to improve our financial structure by re-capitalizing the Company prior to filing the Form 10. We also intend to change the Company’s fiscal year end from September 30 to December 31.
While we fully understand the concerns about re-capitalizing our financial structure in general, the Management strongly believes that the Company’s business development requires and justifies this step and that it will be to the benefit of all of the Company’s investors and Shareholders in the mid and long term.
Investor Relations
Contact Information
Arne Dunhem
Ariel Way, Inc.
Phone: (202) 609-7756
As to operations, we expect the number of orders and contracts for GovBuys to continue to increase through sales to the U.S. Federal Government. In addition, the Company expects to add new vendors that have products and services that can be resold to the U.S. Federal Government. Some of these new vendors provide vital healthcare IT solutions that may be of great interest to the U.S. Federal Government. We believe that healthcare is a rapidly growing business as the U. S. Federal Government continues to increase healthcare spending within the Department of Veterans Affairs. The Company has also initiated new teaming agreements with several IT services companies to provide IT services to the U.S. Federal Government. These new service offerings will greatly improve our gross margins and net income.
Lastly, I would like to thank all of our dedicated Shareholders for their continued support. The Management team is excited about the future of Ariel Way and we believe that these recent events are the catalyst to a new era for Ariel Way.
There will be a “Chat Room” discussion on our web-site www.arielway.com under the web-page “Connect With the CEO” on Friday 13, 2012 at 9.00 am EDT.
Respectfully,
Arne Dunhem Chairman, President and CEO Ariel Way, Inc.
About Ariel Way, Inc.
Ariel Way, Inc., a Florida corporation (“Ariel Way” or the “Company”), is a technology and services company for global communications and IT products and services and related solutions and technologies with sales focused on U.S. Federal, State and Local Governments and corporate businesses. The Company is focused on developing innovative communications and IT services and technologies, acquiring and growing profitable communications and IT services and products companies and creating strategic alliances with companies in complementary product lines and service industries.
More information about Ariel Way can be found on the web at http://www.arielway.com.
Forward-Looking Statements: Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the Company's latest Form 10-K for a discussion of such risks, uncertainties and other factors. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. These forward-looking statements are based on management's expectations as of the date hereof, and the Company does not undertake any responsibility to update any of these statements in the future.
Really you think he has the best interest of the shareholders in mind. I take it you never read the SEC Ruling then. Because this doesnt say shareholders best interest.
"The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors to accept the Offer of Settlement submitted by Ariel Way, Inc. (“AWYI” or “Respondent")"
So pretty much Arne asked for delisting and SEC gave it to him.
Best interest Eh?
Atleast Arne posted this response from the SEC
http://www.arielway.com/blog/wp-content/uploads/press-release/Order_Following_Prehearing_June_11_2012.pdf
No this trading just like a Grey Sheet. How it works is. One person has to have sell order in and another has to have a buy order in. And if there is a buy order and a sell order for the same price and size, then the transaction will execute. The FINRA filing is so they can trade again with on the Pink sheets.
pb
AWYI is trading on the Grey Markets. Which means No MM will quote AWYI until arnie finds one that is willing to start quoting them. I dont know why this is a surprize. Usually after a suspension is lifted on a Stock, It goes straight to the Grey market. Til some MM can be convinced to quote it.
your not wrong
NEWS OUT Ariel Way, Inc. Re-Launches Web-Site
4 minutes ago - GlobeNewswire via Comtex
Ariel Way, Inc., (OTCPK: AWYI) www.arielway.com providingintegrated technology services and products to the public andprivate sectors, today announced that it has launched its newweb-site at www.arielway.com.
Arne Dunhem, chairman, president, and CEO of Ariel Way said, "Weare pleased with the fresh look of our new and updated web-site. Ithas been designed with an objective of significantly improving thecommunication with our shareholders and to provide moretransparency in our operation." Arne Dunhem also said, "We inviteall interested to sign-up through the web-site for our newslettersand other email messages."
The new web-site has several features including a page called"Connect With the CEO". This provides a chat room for a "live"direct contact with the CEO. Included is also a Company Blogintended to update or further elaborate on events or activitiesthat the Company has announced publicly. It also permitsshareholders and others interested in the Company to sign-up foremail messages and news letters from the Company. At a later date,the Company intends to integrate social networking capabilitieslike Face Book, Twitter and LinkedIn with the new site.
About Ariel Way, Inc.
Ariel Way, Inc., a Florida corporation ("Ariel Way" or the"Company"), provides integrated technology services and products tothe public and private sectors and providing professional ITapplications and software services, services for communications andwireless networks and IT infrastructure design, development andimplementation, and supporting technologies.
More information about Ariel Way can be found on the web athttp://www.arielway.com.
Forward-Looking Statements: Certain of the statementscontained herein may be, within the meaning of the federalsecurities laws, "forward-looking statements," which are subject torisks and uncertainties that could cause actual results to differmaterially from those described in the forward-looking statements.Such forward-looking statements involve known and unknown risks,uncertainties and other factors that may cause the actual results,performance or achievements of the Company to be materiallydifferent from any future results, performance or achievementsexpressed or implied by such forward-looking statements. See theCompany's latest Form 10-K for a discussion of such risks,uncertainties and other factors. Any forward-looking statements aremade pursuant to the Private Securities Litigation Reform Act of1995 and, as such, speak only as of the date made. Theseforward-looking statements are based on management's expectationsas of the date hereof, and the Company does not undertake anyresponsibility to update any of these statements in thefuture.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Ariel Way, Inc.
Morning Chat
Total Entries: 38
CEO Wednesday, 3/21/12, 6:37 AM
Mickey, as I just responded to Milton Jayro, per SEC regulation, I can unfortunately not disclose the timing of PR's
CEO Wednesday, 3/21/12, 6:36 AM
It has been a good and active Chat Room today. Next time will hopefully be with a different format, but more announcements will be posted on this. Please check also our Blog Page. Thank you all for today.
Milton Jayro Wednesday, 3/21/12, 6:34 AM
From: Newyork
Email: miltonjayro@gmail.com
mickey Wednesday, 3/21/12, 6:34 AM
where are the follow up prs that wwere promised after the letter?
CEO Wednesday, 3/21/12, 6:34 AM
To all, we are coming to a close. I hope I have responded to all points?
Wednesday, 3/21/12, 6:33 AM
Milton Jayro, per SEC regulation, I can unfortunately not disclose the timing of PR's
CEO Wednesday, 3/21/12, 6:31 AM
Milton Jayro, As previously reported, the share structure is still the same as before, namely 1,995,000,000 shares authorized and close to all are still issued and outstanding. Many of them are in the public float.
Milton Jayro Wednesday, 3/21/12, 6:30 AM
Do you see any updates via market wire this month if not do you have an estimated date Thankyou
Email: miltonjayro@gmail.com
rick wellman Wednesday, 3/21/12, 6:29 AM
If I had auditors that took this long to do the filings, I believe I'd look for another auditor.
CEO Wednesday, 3/21/12, 6:28 AM
Mark Bradley, on PR's, you may recall wwe had some problems with the last announcements we made as to the distribution to various financial sites like Nasdaq.com, Yahoo.com, Bloomberg and OTCBB.com. We have negotiated with a new PR distribution firm that we believe now should be fine. We did not want to make PR releases that did not hit all the relevant outlet.
Milton Jayro Wednesday, 3/21/12, 6:27 AM
Good Morning Arne Is there any change to share structure? what is current ss? Thankyou for your time
From: Newyork
Email: miltonjayro@gmail.com
Janice Wednesday, 3/21/12, 6:26 AM
Repeat- Dear Mr. Dunhem, please give us the NUMBERS of A/S and O/S as of this date, thank you!
CEO Wednesday, 3/21/12, 6:26 AM
Knightkrawler, it is correct that 10-Q's and 10-K's are with our auditors.
CEO Wednesday, 3/21/12, 6:25 AM
Janice, Arnie1, Knightkrawler, Good Morning all. You have been with the Company a long time and I thank you. The last two weeks have been focused on the expansion of business opportunities for GovBuys and G4. IT services for health care for the Federal government is one of them, but there are some others too. We have of course worked on financing activities, and finally also on preparation for SEC filings.
WTF Wednesday, 3/21/12, 6:23 AM
Again nothing but FLUFF.
Mark Bradley Wednesday, 3/21/12, 6:23 AM
Mr. Dunhem, After the shareholder letter you said there would be more PR's coming. It's been over 2 weeks. Where are the PR"s?
knightkrawler Wednesday, 3/21/12, 6:23 AM
I thought the filings were all done and with the auditors?
Web Site: News From Deegle
CEO Wednesday, 3/21/12, 6:20 AM
Rick Wellman, WTF. I appreciate you have been a long Shareholder. I certainly can agree that the filing of financials, announcements of pay-off etc. have been dragging on a lot. Being in the middle of it, I would be the first one to be frustrated, but seeing what we can do with Ariel Way, I certainly have not lost the faith in completing them all. The business that GovBuys and G4 is in is excellent; the sales of products and services to Federal and State governments. This adds to revenues and earnings. The reporting of financials will come. There are many of them to file, actually since 2008.
WTF Wednesday, 3/21/12, 6:19 AM
The potential of 25 million in sales is a big number for any sub penny stock why are you having trouble pitching this to the larger investors?
Milton Jayro Wednesday, 3/21/12, 6:18 AM
From: Newyork
Web Site: N/A
Email: miltonjayro@gmail.com
CEO Wednesday, 3/21/12, 6:15 AM
WTF, as to pay-off of Yorkville Advisors (f/k/a Cornell Capital) we have of course been working very actively on this for quite some time and I do see some good progress on this. Same thing with the payments to Gary Block for the consummation of the acquisition of Government-Buys and G4 Government Solutions. When everything has been completed, there will of course be announcements and various disclosures.
WTF Wednesday, 3/21/12, 6:13 AM
As per SEC regulation you are also required to file your financials.
CEO Wednesday, 3/21/12, 6:11 AM
WTF, please let me do the questions one by one.
CEO Wednesday, 3/21/12, 6:11 AM
WTF, per SEC regulation and advise from legal counsel, all statements that we make where there is any suggestion of future performance must be described as "forward looking statements". So, if we have that in the bottom of any press releases etc, that is per regulation.
WTF Wednesday, 3/21/12, 6:10 AM
Why are you avoiding the questions?
Arnie1 Wednesday, 3/21/12, 6:09 AM
Good morning Arne!! Good morning everybody!! Arne please give us the summary on what transpired in the last two weeks of your acivities for a AWYI. Cornell payoff, Health Care Co. acquisitions, Mr. Gary Block payoff and forthcoming PR's. Thank you soo much.
From: Michigan
CEO Wednesday, 3/21/12, 6:08 AM
We have for some time been using this "temporary" Chat Room arrangement. We have a new system that hopefully will be launched before next Chat Room session. It will be much easier for you all to use. We intend to continue the same approach, namely no moderator function, even we could turn it on if really necessary. However, I believe the Chat Room should be open for any comment and questions as long as they are respectful, professional, and not abusive. As always, I will keep responding to the best of my ability.
knightkrawler Wednesday, 3/21/12, 6:07 AM
Morning Arne, I just have the same old questions...PRs, Financials, Payoffs to Cornel and Gary Block? Any new information on any of these? Thanks...
From: north carolina
Web Site: News From Deegle
WTF Wednesday, 3/21/12, 6:07 AM
The potential of 25 million in sales is a big number for any sub penny stock why are you having trouble pitching this to the larger investors
Janice Wednesday, 3/21/12, 6:06 AM
Dear Mr. Dunhem, please give us the NUMBERS of A/S and O/S as of this date, thank you!
rick wellman Wednesday, 3/21/12, 6:05 AM
I am a stockholder. Not a major one but never the less, a stockholder. I have watched these chat rooms for one year solid and all I see is questions occassionally being ignored or the same canned answer being given over and over. What is happening with awyi. Filings have'nt been made and the same answer comes when we ask about them. It's the same with payoffs and any other questions. How long are we supposed to wait. It seems nothing but talk is happening.
From: wv
Email: cocommish@zoominternet.net
WTF Wednesday, 3/21/12, 6:05 AM
Where are the financials? Why have the auditors taken over a year to review them? All I see is that AWYI is just another year behind on filing.
WTF Wednesday, 3/21/12, 6:04 AM
At what stage is the process of securing financing for the payoff of YA global? Is anything on paper or are we talking Just a handshake or a phone call?
CEO Wednesday, 3/21/12, 6:04 AM
I have received several emails the last week and I have tried to respond to all of them as timel;y as possible. However, I found that there are a couple that I have not yet had a chance to respond to. If I have missed any, I will respond this morning.
WTF Wednesday, 3/21/12, 6:03 AM
When should Share holders expect a release of information containing something other than forward looking statements?
CEO - Arne Dunhem Wednesday, 3/21/12, 6:02 AM
Good Morning all from an absolutely stunning Washington, DC with Cherry Trees in full blossom.
From: Ariel Way, Inc.
Web Site: www.arielway.com
Email: adunhem@arielway.com
Wednesday, 3/21/12, 6:01 AM
Where are the financials? Why have the auditors taken over a year to review them? All I see is that AWYI is just another year behind on filing.
WTF Wednesday, 3/21/12, 6:01 AM
From: WHO cares
(Members can delete entries.)
Morning Chat
Total Entries: 27
CEO Wednesday, 3/7/12, 6:31 AM
I thank you all very much for today and thank you for being investors in Ariel Way or other interested.
CEO Wednesday, 3/7/12, 6:30 AM
bob, I would be very delighted to have a Shareholder meeting here in Washington, DC. We tried 2008/2009, but the financial crisis hit us all. I would suggest that we complete a few more activities and grow business even more, then I would recommend a Shareholder meeting
CEO Wednesday, 3/7/12, 6:28 AM
To all. Last call for questions or comments.
bob Wednesday, 3/7/12, 6:27 AM
is there a possibility of a shareholder meeting this year
CEO Wednesday, 3/7/12, 6:27 AM
Trevor, Good Morning
CEO Wednesday, 3/7/12, 6:26 AM
We are quickly coming to the end of this Chat Room session.
Trevor Donnelly Wednesday, 3/7/12, 6:26 AM
Investor currently
From: Canton Ga
Email: tmdclist@gmail.com
CEO Wednesday, 3/7/12, 6:26 AM
Gerd, Good Morning. The next step that we are constantly focused on, is to build and grow the business. We have an excellent opportunity in building our sales to the Federal government to a very nice business. The fact that we happen to be in Washington, DC helps us a lot.
CEO Wednesday, 3/7/12, 6:23 AM
Dennis, yes. We will keep making announcements.
CEO Wednesday, 3/7/12, 6:22 AM
To all, if you have not yet signed-in on our email list below on this web-page, I urge you to do. Also, please spread the word for other people to sign-in. Thank you.
Gerd Wednesday, 3/7/12, 6:22 AM
hello arne what are the next steps of AWYI?
Dennis Wednesday, 3/7/12, 6:22 AM
You did mention before that PR will come after Shareholder letter. Is that still in play in the next couple of weeks?
From: Florida
CEO Wednesday, 3/7/12, 6:19 AM
bob, on financing. This is a constant and daily activity that is moving along.
CEO Wednesday, 3/7/12, 6:18 AM
Arnie1, legal advisors constantly tell me and others not to disclose any timeline or any other advance details of coming potential announcements.
CEO Wednesday, 3/7/12, 6:16 AM
Simon, Arnie, bob,Good Morning. Thanks for comments on the letter. Schedule for today and the week is pretty normal; keep contacts with our partners, meetings with Gary Block of GovBuys, reviewing with our CFO Dean Schauer, trying to close new deals and relationships, discussing with our investment banker etc.
bob Wednesday, 3/7/12, 6:16 AM
how is securing the financing coming along
Arnie 1 Wednesday, 3/7/12, 6:15 AM
In a few weeks you probably will release more PR's as you mentioned before. Is there a timeline that you can share with us pertinent to the subject of the PR's?
Chris Wednesday, 3/7/12, 6:14 AM
Good morning.
CEO Wednesday, 3/7/12, 6:13 AM
Dennis from sunny Florida, Good Morning. To become fully compliant with SEC, we have to file a number of annual and quarterly reports. In correspondence with SEC we have told them that they are with our public accountant that has been working on the audit and review. I really hope that the release could be as soon as possible.
bob Wednesday, 3/7/12, 6:12 AM
What does your schedule look like for today and the rest of the week
simon Wednesday, 3/7/12, 6:11 AM
I think someone in jerusalem really hounded arnne on that letter;)
Arnie1 Wednesday, 3/7/12, 6:09 AM
Good morning Arne and All. That was an excellent job for the re-issue of the Shareholder Letter.
From: Michigan
Dennis Wednesday, 3/7/12, 6:08 AM
Hi Arne - It's a nice 61 degrees here. You mentioned filings, when do you plan for these to be complete with the SEC?
From: Florida
CEO Wednesday, 3/7/12, 6:06 AM
Chris, from Virginia, Good Morning
CEO Wednesday, 3/7/12, 6:05 AM
I assume that the re-issue of the Letter to Shareholders was seen by most. We wanted to try a new way of distributing press-releases and we tried the online press release company said to be one of the biggest, but they did not have distribution to the financial sites. So we switched back to the "old- school" distribution via MarketWire.
CEO - Arne Dunhem Wednesday, 3/7/12, 6:02 AM
Good Morning all from a spring like Washington, DC. 65 - 70 degrees (18 - 21 Celsius)
From: Ariel Way, Inc.
Email: adunhem@arielway.com
Chris Wednesday, 3/7/12, 6:02 AM
From: Virginia
Email: Mork123456@aol.com
CHAT Transcript:
Total Entries: 36
simon Wednesday, 2/29/12, 6:35 AM
yes for sure plz advise if its done
CEO Wednesday, 2/29/12, 6:34 AM
Thank you all for today. We will all meet-up soon again.
CEO Wednesday, 2/29/12, 6:34 AM
Simon, maybe you are right that the traditional way is still better...
knightkrawler Wednesday, 2/29/12, 6:32 AM
good chat, good info...
simon Wednesday, 2/29/12, 6:31 AM
I would give it to pr newswire in my opinion. You can see from the open noone knows
CEO Wednesday, 2/29/12, 6:31 AM
To all, we are coming to a close and have last call for any comments or questions
CEO Wednesday, 2/29/12, 6:30 AM
To all, please keep monitoring the distribution and spread the news. Thanks
CEO Wednesday, 2/29/12, 6:29 AM
On distribution, I will shortly get some reports from PRWeb.
CEO Wednesday, 2/29/12, 6:28 AM
As I indicated, we tried for the first time a new "state-of-the-art" on-line distribution. We have previously used the traditional PRNewswire. Let us see how this plays out. I hope you all can spread the PR as much as possible. Please spread the link: http://www.prweb.com/releases/2012/2/prweb9228393.htm
bob Wednesday, 2/29/12, 6:27 AM
now that the letter to the share hoolders is out does this mean that we should start seeing more updates as to the developments in the company
simon Wednesday, 2/29/12, 6:27 AM
Not even on yahoo that is no good in my opinion.
simon Wednesday, 2/29/12, 6:25 AM
Yes you are correct its on our web page. But I am really suprised td and marketwatch have nothing I will check yahoo now.
CEO Wednesday, 2/29/12, 6:25 AM
bob, we have been and are still working actively with investment bankers.
Knightkrawler Wednesday, 2/29/12, 6:23 AM
This is how it shows up on Scottrade: Ariel Way, Inc. Issues Letter to Shareholders 49 minutes ago - Prweb Ariel Way, Inc. (OTCPK: AWYI) (http://www.arielway.com) Chairman, President and CEO Arne Dunhem issued the following Letter to Shareholders: Dear Ariel Way Shareholders: 2012 is expected to be a very important year of growth and excitement for Ariel Way. In April 2011, the Company conditionally acquired Government-Buys, Inc. ("GovBuys") and G4 Government Solutions ("G4"), two companies primarily providing resale of telecom and IT products and services to the US Federal, state and local governments. In addition, the companies also provide government channel programs, contract management consulting and compliance services for businesses that hold their own US government contracts. In 2011, GovBuys and G4 received and completed a number of contracts to many US Federal departments and state agencies and had several million dollars in government sales.
CEO Wednesday, 2/29/12, 6:23 AM
Simon, on our web-site, strange. When I check our web- site it is at all the right places.
bob Wednesday, 2/29/12, 6:23 AM
What avenues have you been exploring for financing IE Banks private investors or investment firms
simon Wednesday, 2/29/12, 6:23 AM
I am afraid not too many people are seeing this:(
knightkrawler Wednesday, 2/29/12, 6:20 AM
Very Strange, the PR or letter shows up on Scottrade but not on your AWYI Website. Only where you posted it and not on the home page with updates...Weird...
simon Wednesday, 2/29/12, 6:20 AM
funny just googled awyi news and nothing from todays pr yet. We need all to know
CEO Wednesday, 2/29/12, 6:15 AM
Bob, Good morning. America 4G, Inc. is an affiliated company where I spend very little time since my focus is on Ariel Way. Ariel Way is also a part owner to America 4G. The focus of the company is to be part of providing nation wide 4G wireless services.
CEO Wednesday, 2/29/12, 6:12 AM
Knightkrawler, I have not had a chance to check where the PR has hit. We will monitor it during the day, but it is supposed to be to many sites.
bob Wednesday, 2/29/12, 6:12 AM
where does awyi fit in to the big picture with america 4g and lightsquared
TOM Wednesday, 2/29/12, 6:11 AM
what will be the next steps concretely to be at OTCQB
CEO Wednesday, 2/29/12, 6:10 AM
Knightkrawler, good morning. We could have taken early money, but then our valuation would have been lower and would have to give up a lot of equity. We prefer to hold-out a little so that when we make a deal we have a higher valuation. This would certainly benefit all Shareholders.
simon Wednesday, 2/29/12, 6:09 AM
Thanks scottrade is a good i will keep looking out.
Arnie 1 Wednesday, 2/29/12, 6:08 AM
Good morning Arne and All. First of all congratulations for the release of the Letter. The letter was excellent and exciting for the future of AWYI. With all the things, that is plan for the future, there is no doubt that AWYI will be a stable and very viable company in the future. Thanks for the Job well done.
From: Michigan
knightkrawler Wednesday, 2/29/12, 6:08 AM
It shows up on Scottrade about 30 mins. ago, the whole letter...
simon Wednesday, 2/29/12, 6:07 AM
Ok sounds good but just checked again not on td amertrade or marketwatch yet and those usally pop up very fast when news hits.
CEO Wednesday, 2/29/12, 6:07 AM
TOM, Goodmorning. Just as stated, we just want to make sure that any financing deals does not mean having to issue a potential investor too a big equity stake.
Knightkrawler Wednesday, 2/29/12, 6:06 AM
Arne, good morning. This is a very good sign, however I am still concerned about this. In April 2011, the Company conditionally acquired Government- Buys, Inc. ("GovBuys") and G4 Government Solutions ("G4")...Conditionally, when does that turn into a for sure? Of course, I'm still worried about payoffs to Cornel and Gary Block. The financials? What's up with them? Thank you
From: North Carolina
Web Site: News From Deegle
CEO Wednesday, 2/29/12, 6:05 AM
Good morning Simon. This time we wanted to try something new, namel;y using the "latest web- technology". We tried PRWeb, climed to be the biggest on-line PR-firm. I do not yet know where the release is hitting through their network.
TOM Wednesday, 2/29/12, 6:03 AM
hello arne "To complete financing that is not overly dilutive to all Shareholders" what does that mean exactly?
simon Wednesday, 2/29/12, 6:03 AM
Hello again nice letter and progress. Still no sign of the letter anywhere just on the link and awyi site just want to stress very important we hit the main news oulets. Maybe it will show later.Either way amazing progress
CEO Wednesday, 2/29/12, 6:01 AM
Ariel Way, Inc. Issues Letter to Shareholders The Chairman¿s Letter to the Shareholders states that 2012 is expected to be a very important year of growth and excitement for Ariel Way (http://www.arielway.com). For 2012, Ariel Way expects the number of orders and contracts to increase and that their values could in total exceed $25 million in US government sales. Washington, D.C., February 29, 2012 -- Ariel Way, Inc., (OTCPK: AWYI) www.arielway.com Chairman, President and CEO Arne Dunhem issued the following Letter to Shareholders: Dear Ariel Way Shareholders: 2012 is expected to be a very important year of growth and excitement for Ariel Way. In April 2011, the Company conditionally acquired Government-Buys, Inc. (¿GovBuys¿) and G4 Government Solutions (¿G4¿), two companies primarily providing resale of telecom and IT products and services to the US Federal, state and local governments. In addition, the companies also provide government channel programs, contract management consulting and compliance services for businesses that hold their own US government contracts. In 2011, GovBuys and G4 received and completed a number of contracts to many US Federal departments and state agencies and had several million dollars in government sales. For 2012, Ariel Way expects the number of orders and contracts to increase and that their values could in total exceed $25 million in US government sales. In addition, the Company expects to add several new vendors that have products and services that can be resold to the US government. Many of these new vendors provide vital health care IT solutions that would be of great interest to the Federal Government. This is a rapidly growing business as the Federal government continues to increase spending relating to e.g. The Department of Veterans Affairs. For 2012 Ariel Way has actively worked on building on the positive events in 2011. The plan is to continue to focus on sales of telecom and IT products and services to the public sector. The Company intends to launch an IT services division that will provide advanced IT service solutions to the same Federal, state and local agencies that the Company has been selling IT products to over the past several years. This new division is expected to permit our Company to leverage the current customer base. Ariel Way anticipates strong organic growth and the ability to provide various IT services in-house in order to further increase the operating margin. In addition, Ariel Way has actively worked with other companies for potential acquisition in 2012. Should these acquisitions be successful, the Company¿s revenue could reach far beyond $25 million for 2012. Financing of Ariel Way¿s activities is critical. To complete financing that is not overly dilutive to all Shareholders, the focus has been on building greater value in the Company. Some financing has already been worked-out, but additional financing is worked on to finally consummate the acquisition of GovBuys and G4, for the final buy-out of YA Global Investments, who was an initial investor, and for consummating some additional acquisitions. Ariel Way expects to soon return to full OTCBB trading status by becoming fully SEC compliant after filing outstanding quarterly and annual reports, with the ultimate goal of a re-IPO on NASDAQ or AMEX. Respectfully, Arne Dunhem Chairman, President and CEO Ariel Way, Inc. About Ariel Way, Inc. Ariel Way, Inc., a Florida corporation (¿Ariel Way¿ or the ¿Company¿), providing integrated technology services and products to the public and private sectors and providing professional IT applications and software services, services for communications and wireless networks and IT infrastructure design, development and implementation, and supporting technologies. More information about
Adama1984 Wednesday, 2/29/12, 6:01 AM
From: New England
CEO Wednesday, 2/29/12, 6:00 AM
Good Morning, please check the following link: http://www.prweb.com/releases/2012/2/prweb9228393.htm
From: Ariel Way, Inc.
Web Site: www.arielway.com
Email: adunhem@arielway.com
Letter to share holders
Ariel Way, Inc. (OTCPK: AWYI) (http://www.arielway.com) Chairman, President and CEO Arne Dunhem issued the following Letter to Shareholders:
Dear Ariel Way Shareholders:
2012 is expected to be a very important year of growth and excitement for Ariel Way. In April 2011, the Company conditionally acquired Government-Buys, Inc. ("GovBuys") and G4 Government Solutions ("G4"), two companies primarily providing resale of telecom and IT products and services to the US Federal, state and local governments. In addition, the companies also provide government channel programs, contract management consulting and compliance services for businesses that hold their own US government contracts. In 2011, GovBuys and G4 received and completed a number of contracts to many US Federal departments and state agencies and had several million dollars in government sales.
For 2012, Ariel Way expects the number of orders and contracts to increase and that their values could in total exceed $25 million in US government sales. In addition, the Company expects to add several new vendors that have products and services that can be resold to the US government. Many of these new vendors provide vital health care IT solutions that would be of great interest to the Federal government. This is a rapidly growing business as the Federal government continues to increase spending relating to e.g. The Department of Veterans Affairs.
For 2012 Ariel Way has actively worked on building on the positive events in 2011. The plan is to continue to focus on sales of telecom and IT products and services to the public sector. The Company intends to launch an IT services division that will provide advanced IT services to the same Federal, state and local agencies that the Company has been selling IT products to over the past several years. This new division is expected to permit our Company to leverage the current customer base. Ariel Way anticipates strong organic growth and the ability to provide various IT services in-house in order to further increase the operating margin.
In addition, Ariel Way has actively worked with other companies for potential acquisition in 2012. Should these acquisitions be successful, the Company's revenue could reach far beyond $25 million for 2012.
Financing of Ariel Way's activities is critical. To complete financing that is not overly dilutive to all Shareholders, the focus has been on building greater value in the Company. Some financing has already been worked-out, but additional financing is worked on to finally consummate the acquisition of GovBuys and G4, for the final buy-out of YA Global Investments, who was an initial investor, and for consummating some additional acquisitions.
Ariel Way expects to soon return to full OTCBB trading status by becoming fully SEC compliant after filing outstanding quarterly and annual reports, with the ultimate goal of a re-IPO on NASDAQ or AMEX.
Respectfully,
Arne Dunhem Chairman, President and CEO Ariel Way, Inc.
About Ariel Way, Inc.
Ariel Way, Inc., a Florida corporation ("Ariel Way" or the "Company"), providing integrated technology services and products to the public and private sectors and providing professional IT applications and software services, services for communications and wireless networks and IT infrastructure design, development and implementation, and supporting technologies.
More information about Ariel Way can be found on the web at http://www.arielway.com.
Forward-Looking Statements: Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the Company's latest Form 10-K for a discussion of such risks, uncertainties and other factors. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. These forward-looking statements are based on management's expectations as of the date hereof, and the Company does not undertake any responsibility to update any of these statements in the future.
Here is an interesting corrispondent from mr dunhem to the FCC
http://apps.fcc.gov/ecfs/document/view;jsessionid=SkCPP8YKNxvkyJh5ySQFxgBSq74Mw2pq5g2pFcSCmCYTq5QQkgxN!1471562840!-321460796?id=7021860385
It is. That is the same place ELSINORE SERVICES INC is registered.
I dont know how true Arnes word really is. One thing to ask your self is. Arne has been Claiming to put out finacials for the past year. And Has every excuss why they arent out. But his other company can be completely up to date with the SEC and hes running them out of the same office. Really starting to look like arne does really care about this company.
Its A delaware corporation
Not really. But it seems that Arielway is taking a back seat to every thing else he is working on.
Well I guess we can now see what arne has been up to lately
www.sacc-dc.org/DINNER%20EVENT%20WITH%20KARIN%20MARKIDES%20_final_.pdf
DINNER EVENT WITH MS. KARIN MARKIDES, PRESIDENT & CEO OF CHALMERS UNIVERSITY OF
TECHNOLOGY – JANUARY 3, 2012
The President and CEO of Chalmers University of Technology of Sweden, Ms. Karin Markides, will join us
here in Washington, D.C. for a dinner event on Tuesday January 3, 2012. She will have a presentation of
the latest activities and research at Chalmers and speak on ”Chalmers’ added value to business and
society through students, new knowledge and collaboration”. Ms. Markides will during her presentation
compare activities at Chalmers with activities in the US and will at the end have a question and answer
session. The event is part of a fund raising activity by US Friends of Chalmers, a non-profit organization
supporting US students with scholarships for studies at Chalmers.
Chalmers is a top ranked university located in Gothenburg that focuses on research and education in
technology, natural science and architecture. Through internationally acclaimed education and research
combined with a professional innovation process, Chalmers’ mission is to become one of the world’s
most attractive universities.
US Friends of Chalmers is an organization that aims at promoting and advancing education and research
at Chalmers University of Technology through financial support and contact building in the United
States. The mission is to reach out to US alumni and other potential supporters of Chalmers to increase
the awareness of Chalmers University of Technology competence and competitiveness.
PROGRAM:
04.00 pm Gathering for mingle and appetizers
05.00 pm Presentation by Ms. Karin Markides, President and CEO of Chalmers University of
Technology of Sweden: ”Chalmers’ added value to business and society through
students, new knowledge and collaboration”
05.30 pm Discussions, questions and answers
05.50 pm Presentation of Chalmers student intern program for the US in cooperation with
Swedish Chambers of Commerce, SACC
05.55 pm Presentation of US Friends of Chalmers
06.00 pm Dinner, sit-down, buffet style with steak and sea food, wine and beverages
07.30 PM Coffee, tea, dessert
08.00 pm Closing
DATE: Tuesday January 3, 2012
LOCATION: The private residence of Erland Magnusson, McLean, VA
DONATION PER DINNER PLATE: $100 (Tax deductible, less value of dinner)
PAYMENT: Please send payment by check to US Friends of Chalmers, c/o Erland
Magnusson, 6907 Lupine Lane, McLean, VA22101. Please send payment no later
than December 20, 2011
RSVP: Please send RSVP by December 20, 2011 to email Arne Dunhem
adunhem@arielway.com or by phone 202-609-7756
Well hes already blaming the the auditors for the filings not being finished and filed. Probably cant even pay the auditors so they sign off on them. So i guess its there fault.
Yeah i want it to pull through too. but all this fluff that has been spewed for the past year is getting tiresome. I want to hear some real news and not more hollow promises and excuses.
Your right about that one. These chats are such a waste of time. No one that attends the chats dont seem to want to ask any real tough questions. it just seems like its a praise fest for arne. i think his time can be better spent on other task. than getting weekly praise for doing things that are not really that big of deal. no real news has come out of this company in four years.
It is funny that the SEC spelled everything out for people and they still can put the kool-aid down.
ROTFLMAO thats about the funniest thing i have read today. Why dont you go back and read the SEC complaint. then compair and contrast it to the actual events that happened during that time frame. you might not think its "just a misunderstanding with the SEC". The only value this POS had was The Shares that the company gave away to carnes to sell to the unsuspecting share holders.
Hes probably selling the left over shares from the Yorkville agreement. from what i can tell he canceled 425 million shares of the 500m and has to hold on to 312m share in case the deal falls through again. so that kinda leaves 113m old shares that he could sell
pb
when they pay YA(cornell) the 400k dollars then the o/s count will go down by 425m but until they close on that they still have much other debt to deal(payments for govbuys and the other company in europe) with before any share buy back could happen but there has not been any significant revs reported to constitue any kind of transaction
where did you get a share buy back from there hasnot been anything eluding to that and the company doesnot have enough revs to do such a transaction
pb
"This means that there are currently no more shares available to be issued"
you might want to read the pr again
The Company is obligated to reserve a total of 312 million shares in Treasury.
Now thats the News that every ones been waiting for.
Here is the chat room for today wasnt any questions today
CHAT ROOM TRANSCRIPT 021511
Connecting to chat server...
Connected and signed in.
You have joined the chat room as Anonymous34.
Members of room: Anonymous34 Anonymous77
You have changed your name to CEO.
<Anonymous77> Good morning
<CEO> A77, good morning
<Anonymous77> Is there anyone here?
<CEO> A77, it seems it is only you and I here today. It is unusually quite.
<CEO> A77, some days there is a strong flurry of questions, today none.
<CEO> To all, please note that the Thursday Chat Room will be held tomorrow Wednesday 2/16
instead.
<CEO> I repeat, the Thursday Chat Room will be held tomorrow Wednesday 2/16 instead.
<CEO> To all, it is time to close the Chat Room for today. Last call for any questions or comments
<CEO> I thank you all for today.
<CEO> We will be back tomorrow Wednesday 2/16, same time, instead of Thursday
how is it that your not totally convinced that this was a SCAM. The writing is on the wall. The whole SEC complaint details how they were illegally selling share and when you line those sales up to events that happened. ie "the buy out" escrow shares. it make complete sense that the only buisness they were in was selling worthless shares
Well yes its a formality. But it also means that Jared and the SEC could not come to an agreement the that judge would be willing to except
wherent those warrant shares forfeited back when the share structure got restructured
Have you seen the Short numbers for the past three trading sessions
here some good news
www.arielway.com
Ariel Way, Inc. Appoints CFO
Washington, DC, November 30, 2010 -- Ariel Way, Inc., (PK: AWYI) www.arielway.com a technology
and services company for highly secure global communications, multimedia including digital signage solutions and
associated technologies, today announced that Dean Schauer has been appointed as CFO.
Arne Dunhem, Ariel Way Chairman, President, and CEO of Ariel Way said, “We are pleased to finally
have a CFO that can assist us in becoming fully compliant with the SEC again.” Arne Dunhem also said, “Dean
Schauer has extensive experience in accounting and finance from both public and private companies and his initial
task will be to complete and file all our quarterly and annual reports that were previously not filed with SEC. He will
then perform all duties that are expected from a CFO”
Dean Schauer has over 26 years of executive-level financial management experience gained in a wide
range of public and private companies. From March 2006 to the present, he has been the Chief Executive Officer of
Reliant Financial Consulting, an accounting and financial consulting company. From July 1998 to March 2006 he
was the Managing Partner of Enterprise Financial Consulting. From April 1990 to July 1998, he served as the
Assistant Vice President of Global Accounting for Global One, a global joint venture between Sprint, France
Telecom, and Deutsche Telekom. From April 1988 to April 1990, he was the Financial Reporting Manager for
Planning Research Corporation. From January 1984 to April 1988, he served as an Audit Senior for Ernst & Young.
Mr. Schauer received a Bachelor of Arts degree from Texas A&M University. He is a Certified Public Accountant.
About Ariel Way, Inc.
Ariel Way, Inc., a Florida corporation (“Ariel Way” or the “Company”), is a technology and services company for
highly secure global communications, multimedia and digital signage solutions and technologies. The Company is
focused on developing innovative and secure technologies, acquiring and growing profitable advanced technology
companies and global communications service providers and creating strategic alliances with companies in
complementary product lines and service industries.
More information about Ariel Way can be found on the web at http://www.arielway.com.
Forward-Looking Statements: Certain of the statements contained herein may be, within the meaning of the federal
securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual
results to differ materially from those described in the forward-looking statements. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or
achievements of the Company to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. See the Company's latest Form 10-KSB for a discussion of
such risks, uncertainties and other factors. Any forward-looking statements are made pursuant to the Private
Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. These forward-looking
statements are based on management's expectations as of the date hereof, and the Company does not undertake any
responsibility to update any of these statements in the future.
did he also mention anything about the requirements for him to get paid. Previously he would not get paid unless the stock traded above $0.50 for ten consecutive trading days and had a market cap of no less than 20 million
yeah i know that but the information on the debt that cornell holds i will take as valid until i hear other wise from the company
All that information is in the 10qsb
this was a decent company until things fell through with the financing with cornell. they had a nice buisness plan and seemed too be going in the right direction
Do you Know anything about this company?
it is trading real nice right now but i have seen the bottom drop out on this before doing some what of the same trading pattern. now if they put out a Pr stating that cornell and Awyi have reached an agreement. Then i would imagine it taking off from there. But until then cornell still hold the noose
What he is talking about is in one of the quarterly reports.
It pretty much says that cornell (yorkville financal) holds 143 prefered shares that are valued at roughly 10000 a piece and they can convert them anytime they want at 95 percent of market value
pb