Zen - ARSD was delisted in 2000 due to not meeting the minimum share price requirement as I posted from edgar. Your comment
">> But actually, I think they probably went to the pinks because of this (from their 10K):"
and then the exerpt from the 2003 10k was totally off base. You are suggesting that a major SEC violation caused delisting, when what really happened was financial devistation caused by no hedging and a several hundred percent rise in their raw material cost, thus the stock price falling to pennies, and then the delisting.
As for "I began doing DD on ARSD because I was interested....but I decided the majority ownership structure, the overdue loan, and the environmental issues made it a company I don’t want to invest in." That's a great statement of your opinion, and I respect that no problem. It is the distortion of material facts that I have a problem with.
Good luck and thanks for posting the link to their web site.
Kipp
