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Replies to #38525 on OTCBB ALERTS
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Stockz4O

05/24/06 2:48 PM

#38526 RE: koolmc #38525

koolmc---ARET

No news today!!!

SScores rating 60% Optimistic
52 week high .099

Watching & waiting!!!

The Company changed its course in mid 2003 to focus its primary efforts on generating new projects in the traditional and alternative and renewable energy sectors of the Energy Industry. During the first quarter of 2004, the Company originated a series of two ventures to develop certain domestic oil and gas prospects in known oil and gas fields in Texas and Oklahoma. These prospects required raising equity capital through professional equity investors for each in excess of $20 Million and took considerable time and resources of the Company to investigate and validate. For a variety of economic and technical factors the first project was terminated in April of 2004 and the second project was terminated in the first quarter of 2005. At the instance of certain of the outside board members, a new project was initiated in the first quarter of 2005 to acquire a project with a number of proven producing wells with in-field drilling capabilities into a majority owned subsidiary of the Company. This project is in its very early stages of documentation, validation and preparation for funding, and there are no assurances that this project will ultimately be realized. In recognition of the Company's limited resources, the board of directors has shifted the company's immediate focus toward pursuing significantly smaller projects that will spin out cash flow, that will sustain our operations and provide a base for growth from producing and proven undeveloped properties.