FINAL WORD ON R/S
People, instead of arguing and speculating all you have to do is talk to Ares. YES, there was going to be an R/S on Friday, 5/14, and all the major brokerages were notified. NOW, it has been postponed till the end of the month BUT IT IS COMING.
The company has acquisitions in mind and claims the R/S is necessary in order to effect these transactions. Ares knows the PPS will be crushed...
No word yet on results of BP tests but should be known this week or next.
Caveat Emptor designation should be off tomorrow, all filings have been submitted to the pinkies (BUT NOT THE SEC, which he claims is going to happen).
If you don't believe any of this, PICK UP THE PHONE AND ASK! If you don't believe him, then I don't know what to tell you other than to PROCEED WITH CAUTION with this stock. I am a long, not a basher, but my eyes are wide open.
GLTA
