Ultimately, we need to look for the possibility of a listing on a U.S. exchange. Currently, we are subject to the SEC's "penny stock rules" because we are on the Bulletin Board and our stock price is less than $5.00 per share. That means that stockbrokers cannot legally "solicit" their clients to buy Ariel Way stock. Also, many institutions are limited to buying only listed stocks -- a key advantage of getting listed.
In closing, I would like to personally thank each and every Shareholder for their support. Stock prices do not go up every day, but the strategies we are pursuing, I am confident, will cause our intrinsic value per share to continue to climb. That will, I strongly believe, translate into positive shareholder value over time. I am proud to be your CEO and look forward to be part of building Ariel Way into a large, profitable company.
Respectfully,
Arne Dunhem
Chairman, President and CEO
Ariel Way, Inc.
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