See what another poster from a different board says:
"Yes, it's quite unexpected that they did not have better luck in the capital markets with the outstanding product and repuation they have. I really thought a merger with Shell Oil was a strong possibility and that the backup would be some kind of joint venture with Big Pharma. Regardless, 2010 should be a much kinder year to ARET."
Can someone tell me what kind of reputation ARET has besides a very non-public, public trading stock?
Perhaps OILMANSAYS/WILDSCATTER could expound on this before they file Chapter 11 instead of the 8K and the 10Q.