InvestorsHub Logo
icon url

paulsw42

03/10/09 6:28 PM

#3893 RE: AKAPAK #3892

I personally believe Brooke will be broke up and ARTA will stay intact. BRXXQ share holders may get the SHAFT for creditors will get paid first but Brooke will not be permitted to keep Areitas. I believe creditors may pick it up some how, some way for it is a money maker and has a positive balance sheet. Brooke had their CH11 converted to CH7 which is total bankrupt / liquidation, Aleritas is (0ne) asset. jmho oem
icon url

temp luvs amy

03/10/09 8:49 PM

#3895 RE: AKAPAK #3892

yes, you guys are right that they are separate companies. I am not so sure that ARTA had it's ducks in a row, and that why it was seized and Reiderer was appointed. Shortly after the appointment, Reiderer had to sit and watch as the FBI came in and grabbed the books for evidence of foulplay. We are still waitng for a report on whether the books have been returned and any evidence was found.

That's my two cents.