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Were'nt they going to be on AMEX months ago? What happened?
Just wondering, Is the company still in S-1 Status? They are still SILENT LOL.
Oilbull Wednesday, September 26, 2012 11:02:38 PM
Re: GusherMan post# 52 Post # of 168
check aret board and look how naive those clowns are...ROFL..They dont understand that when company is in S-1 status no info to be released ..Geez
Cant wait till the boom gets lowered on certain peeps.They never know what hit them....
Looks to me like the only thing Arete pumps are lies to take honest peoples hard earned money.
Thanks. :)
Is this bbqman?
Oilbull Thursday, October 11, 2012 10:51:49 AM
Re: None Post # of 242
I wonder if Bonehead and crew will load up in this range,,,
Then forget to sell when dstv goes past 10 cents. LOL
Keep buying Arete stock! The more bought, the lower the price goes! Thats clear isnt it?
GusherMan Saturday, October 06, 2012 5:17:38 AM
Re: surfkid4 post# 81 Post # of 82
Surf..I'm confused. I thought Bonehead and Doggie said ARET was trying to go private? I thought they said that ARET had no wells to drill? or that they had no money to even try to drill? Am I wrong in my thinking somehow? I'm really confused now...I thought that until they paid some property tax, they weren't a real company?? Now..I'm really at a lost. I also thought that ARET could never put out any filing...so, whats up with this thing called an 8-k? Doggie said they never file anything with the SEC...
wow...I better think again about this company. And what is this thing called a "short" ? Bonehead head has posted so many times that ARET has no shorts...i don't know what to do...
Hmmmmmmmm
Yea right. A brilliant purchase if true LOL.
Thanks, I do.
Going private is most likely a very important goal for management to reach. They cant handle the work it takes to be a public entity. They have accumulated funds needed to operate as a private company now. Both barrels might be loaded but pointing at foot IMO.
Price wont be inflated for much longer Bone. The mission of the Arete management team is becoming clear to investors and their actions are affecting the share value now more than over enthusiastic investors can manage IMO.
During this cooling off period, (lol) I am going to start putting cash aside to load up under a penny...shouldnt be too long of a wait now.
I might add to what Ive been holding all these years when its subpenny again. Maybe by Halloween MD.
Thanks for the advice Maddog. The few that stand by Arete are only looking at half the picture, the half where the company is making money for themselves. There is no shareholder benefits that I can see...same as always.
Hi, so Gush and or Tick whats your take on the CC today? Are we going to AMEX this year or not? IYO's
Investors, How about start with what you knew when your initial investment was made with Arete. Did you know what was going on then when you put money into the company, or was a post needed to clarify why you invested. New potential investors wont be helped out with this information either as there arent any because Arete is run as a private company and people dont know about it.
She and a lot of other good people got burnt by investing into Arete. Some held. Posts back then could be repeated today and fit in.
Thanks but I am looking for somewhat current information of events within the past 90 days.
Does anyone here know what the company has been doing the past ninety days? Just wondering if there are any "insiders" with good information to ponder over. Not looking for rehash of past pr/s or cc's. Looking for fresh accurate new news, the companies not giving anything out. Surfkid Gusher and Tick seem to know inside stuff, whats up folks? Anything new?
0 Volume day after day after day after day.
Just checkin in to say hi to you all! Waitin and waitin and waitin...nice to have lots of time to do that. I'd like T.Raabe to give us an update on his thoughts much more frequently than he does though...it looks like he has the time also. ;^) J
Caradoc, it does appear that your average of success is on the rise big time today doesn't it. Arete is smokin man. Love these days. Dont you? ;^)
Thanks John and Gooddolphin...like confirmations! J
Quick question, do you feel that we are still going to benefit from 7GT... providing that they are a success? Thanks J
Gooddolphin, you're keeping us alive man, Thanks! Hope you dont mind but I want to toss this over to the RB board to "activate" it. Good or bad, doesn't matter, we're still alive, kickin and thinkin. Wonder how T Raabe plans to get listed on the Nasdaq. Never going to get shareholder approval for a reverse split thats for sure. Bet he's got better plans. Thanks again Gdolphin. J
Appreciate the post Gooddolphin, helps the company and the shareholders, good job dude.
J
NEWS:
Arete Industries Addresses Issues of Overhead, Funding, Structure and Shareholder Value
BOULDER, Colo., Jul 12, 2001 /PRNewswire via COMTEX/ -- Arete Industries, Inc.
(OTC Bulletin Board: AREE) issued an update to its shareholders about its plans
to address its current challenges and its vision for the future of the Company.
Thomas P. Raabe, CEO, stated that the Company is in the process of a major
restructuring to eliminate overhead, preserve its assets and opportunities that
it has developed to date and to prepare the Company for executing a program to
bring new business opportunities with fundamental value into the Company.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990916/ARETE )
Raabe stated that, as described in its recently filed annual report for fiscal
2000, and its quarterly report for the first quarter 2001, the Company was
forced to cease funding development efforts for its outdoor sports business,
Arete Outdoors and for Applied Behavior Systems (ABS) and Seventh Generation
Technologies (7GT). The chief reasons cited were a lack of sufficient revenue
from sales of Arete Outdoors products and evaporation of funding sources for the
development of the technology of ABS and 7GT. Raabe cited adverse conditions
effecting the market as well as a shift in funding criteria for professional
investors, "angels" and venture capital firms for this situation and stated that
in order for the Company to survive, it must recognize these trends and take
immediate action to bring in new opportunities with good business fundamentals
including existing revenues, the prospect of significant growth, a history of
operations and a short term path to profitability. Raabe stated that in order to
pursue this objective, it must first stabilize its financial situation by
cutting back severely on its overhead to assure survival and to effect a
recapitalization to become attractive to viable candidates as a financial
vehicle.
Raabe stated that, "In addition to the mandate to eliminate overhead and attract
viable business acquisitions, the Company is going to take measures to preserve
the value of the assets that it has developed over the past 12 months in ABS/7GT
and Arete Outdoors and to share that value directly with its shareholders. The
Company will continue to develop opportunities to make these entities
independent, self-sustaining businesses and to seek outside sources of capital
for continued development. "We believe our plan will give the current
shareholders an opportunity to continue to participate in businesses that they
have supported over the past months and will free resources at the Company to
pursue its new direction," Raabe stated.
The Company has eliminated most of its overhead by reductions in staff and
closing its incubator facilities. It is in the process of cleaning debt off its
balance sheet by converting debt into equity and pursuing payment plans with
vendors and tax authorities. Finally, to enable the Company to attract viable
acquisition candidates and to successfully close one or more acquisitions, it
needs to prepare itself to qualify for listing on the NASDAQ Small Cap Market
including taking steps to improve its capital structure. The Company will
address these matters at the next meeting of shareholders which it hopes to hold
in September of this year, depending on logistics and available resources to
cover the cost of holding the meeting.
The Company is also anticipating resolution of the SEC enforcement action in the
near term. A settlement agreement has been signed by the Company, but awaits
execution by the SEC central office. "This has been pending for several months
and while management is optimistic that it will be signed, there is no
indication of when that will happen," stated Raabe.
Raabe stated that, "The position we find ourselves in now is obviously not what
we intended when we launched the incubator concept. However, we believe that we
not only have the ability to adapt to the current situation, but we believe
there is an abundance of viable candidates seeking to go public that do not have
access in the current situation to the traditional channels for doing so. In
that regard, we are optimistic that we have a window of opportunity to make one
or more acquisitions that may provide significant value to our shareholders and
we will need to act swiftly and decisively in order to take advantage of that
window of opportunity."
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995:
Certain statements contained herein which are not historical are forward-looking
statements that are subject to risks and uncertainties not known or disclosed
herein that could cause actual results to differ materially from those expressed
herein.
For information contact: James Stock, President, Stock Enterprises, Inc., Phone:
(702) 614-0003, Email: ir@areteindustries.com.
Gooddolphin, I haven't heard anything, it seems in too long. Rude isn't it. I hate quiet periods like this, this is where ones patience is tested. Hangin in though. Have a good night. J
John, drop some humor over on the rb 'game' board every now and then will ya. Hey, there are longs over there that dont post but appreciate the laughs during this uneventful stretch I,m sure. J
Hi George, welcome home. Didn't miss any action here while you were away. Swept up a little bit but the board acutally stayed pretty clean. Have been working on my house too. Never ends. J
Wys, thanks from many out here! J
Hey there forest! Glad to see ya. We're all hoping for a PR soon. How long ago did you receive the email from Arete that indicated there is alot going on? Thanks! J
Gooddolphin, stand by! When it comes I think you'll find it here on this board first! On a different note...way back when Arete held its shareholders meeting, and at one point Mike Lowe stated that he wasn't concerned with the value of Arete's shares, did it bother anyone other than myself? J
Good Sunday morning to you all...thought that I would post a link to Stephanie's last updated DD page. Hoping that it may aid new investors with all the links contained. J