I've posted this in the IBOX.I went back all the way to the beginning of filings >>> 1995 and did a little math.I was surprised to find that AERT has NEVER done a R/S and their average increase of shares outstanding per year is a measley 2.4 million SUPER!!!!! AERT Could be one of the best companies you've ever ran across at this price....that would be with or without a possible R/S (NO FEAR here),,,,after doing a little research on share distribution >>>
IMO the small amount of shares they have put out over the years is nothing short of incredible.With the price here at .40 cent it's insane and totally uncalled for ...Ridiculous!!!!! >>>
YEAR CLASS A COMMON OUTSTANDING 1995 14,062,370 1996 16,192,866 1997 19,201,148 1998 20,430,147 1999 22,245,639 2000 24,251,497 2001 25,755,321 2002 27,194,374 2003 28,331,312 2004 29,500,147 2005 32,766,400 2006 38,137,812 2007 44,812,956 2008 46,314,250 2009 47,423,680
CURRENT As of July 24, 2009, the number of shares outstanding of the Registrant’s Class A common stock, which is the class registered under the Securities Exchange Act of 1934, was 48,045,582 and the number of shares outstanding of the Registrant’s Class B Common Stock was 1,465,530
AVERAGE INCREASE of OUTSTANDING SHARES PER YEAR OVER A 14 YEAR PERIOD = 2,427,372