EMAILS FROM ARNE:
QUESTION
Mr. Dunhem,
I am sure you have been watching the PPS of AWYI. It has not been pretty and will not get any better without a quality PR and possibly the updated 10Q that was severely distorted to the SEC. Hopefully you can right this ship before it veers too far off course and all of your shareholders are left holding millions of worthless shares of AWYI stock. Good Luck to you and we hope to hear from you soon.
RESPONSE
Thanks for interest in Ariel Way. First, the 10-QSB was not severely distorted, there were a few errors in the cash flow statement. The profit and loss and balance sheet were OK. The amended version will be filed very shortly and you will find it to be quite good. We will shortly also file new press releases.
As far as our plan is concerned as disclosed on March 17th, we are still executing according it, so I don’t think we have been veering of course.
Personally, I would also like to see the PPS rise back as soon as possible to where I believe it really should be.
Sincerely and Best Regards,
Arne Dunhem
QUESTION
Mr. Dunhem,
I am not sure if you have received my last two emails to you but I am an investor with AWYI and am getting a little concerned with the length of the MMN acquisition. I understand that deals of this size may take longer than originally anticipated, but how about an update for us shareholders. We are watching people lose interest in our company everyday as the daily volume continues to decline along with the Price Per Share. I am hoping to hear some type of news in the very near future as are most of the investors from the Investors Hub website. All of us have tremendous faith in you, you have delivered on every PR you have given and certainly expect the same with the MMN deal. Hopefully you get this email as I am anxiously awaiting a reply. Thank you for your time and best of luck for Ariel Way, you, and us shareholders.
ANSWER
Thanks again for your email. I just sent off one response to you when I saw this email. I thank you whole heartedly for your expression of faith in me. As long as I am part of it, please trust me, I will do my best to make this a viable, strong and sustainable company. We are not there yet, but you we will attempt step-by-step to reach the targets. You will see more announcements shortly.
I just got back from NYC and meeting with our investment banker up there, so that part of our activities are still proceeding well.
Best Regards,
Arne Dunhem
Mr. Dunhem,
Thank you again for replying to my questions last night. I have one more question for you. There seems to be investors who are concerned over Cornell/Yorkshire administering financing to Ariel Way. The concern is over Cornell "dumping" the 500,000,000 shares of AWYI stock into the market and diluting the PPS. Are there any plans in the works to make sure they do not dilute the market? There is a board on IHUB directly related to how Cornell negatively affects companies PPS and was hoping you were aware and how you plan to make sure this does not happen to AWYI. Thank you in advance.
ANSWER
Thanks for message. Did you see our PR for today? I attach here.
There are severe restrictions on the warrant on 500,000,000 shares to Cornell. First, the must follow SEC Rule 144 regulations, which means that they can not convert until after 6 months. Then they can only hold maximum 4.99% at a time, or they need to report to SEC and can not convert and sell any shares.
Conclusion, Cornell can not now sell anything and can not draw any benefit of these warrants for quite some time.
Regards,
Arne Dunhem