"Creative Finance" at it's best, maybe, let's see, any thoughts all?
Per 10Q - Page F-11
Preferred Stock
The Company has 5,000,000 shares of preferred stock authorized, at $0.001 par value per share, of which 143 shares of Ariel Way Series A Convertible Preferred Stock (“Series A Preferred Shares”) were outstanding as of December 31, 2007.
And we know who holds the 143... What about the rest of the incentive (4,999,857) play for non-issued "Series A Preferred Shares"?
Life, Liberty and the Pursuit...!