Replies to post #36084 on Ariel Way, Inc. (fka AWYI)

[MAX NORTON]

yes, here it is said so

On November 3, 2010, the Company was able to significantly reduce its liabilities by approximately $334,000. The significant reduction is the result of a settlement of debt by the Company to Arne Dunhem such that a total of $238,369 in debt owed to Arne Dunhem was forgiven by him. In addition, $95,023 was converted into a total of 316,744,514 shares of restricted common stock to Arne Dunhem out of which the issuance of 66,873,600 shares of restricted common stock will be deferred to a later date. All shares will be issued restricted per SEC Rule 144 and cannot be freely traded.