Don't you just love it when companies do exactly what they say???
1. Months ago they told us they were applying for NASDAQ Listing
DELIVERED On February 15 announced uplisting to NASDAQ Capital Market.
2. Around this time, they told us about their Form 3 Underwriting (IPO)
DELIVERED Despite the government shutdown, Announced March 7th announced that they raised $4.6 Million by selling 1,000,000 shares $4.00 per share plus over-allotment. (NOTE guess what is the low-end value of AREC's shares. Anything under this amount is a gift and means you're buying shares at less than the high dollar Maxim investors paid when underwritten.
3. In the 2019 Shareholder Letter, it was mentioned that they were interviewing top-tier investor relations firms....
DELIVERED. Yesterday's announcement of signing up with PCG Advisory is just that. Already now their news releases are now being displayed on a wider range of media outlets. (as in is now showing up on TD Ameritrade).
Need I go on??? OK one or maybe two more...
4. The company projected that by the end of 2019 they would be on an annual run rate of over $150 Million and climbing.
NOT QUITE DELIVERED... BUT... as 2019 progresses, it should become pretty obvious that their funds have been put to work and as I suggested before, we are witnessing the development of a MONSTER company.
AND when it becomes OBVIOUS... guess where the smart money will be?? Already invested... THAT WHERE!
5. PLUS... In his FOX NEWS Interview, our CEO said that "in five years, AREC will be one of the largest players in our space"... that is in the mining and processing of Metallurgical Coal. How's that for aiming for the moon??
Watch for opportunities with those you trust.
