Replies to post #48363 on Ariel Way, Inc. (fka AWYI)

[lilchoker]

JS, Louie - while its true that AWYI did not have revs back in March of last year, you and Louie may be wrong about AWYI having revs now. This is my proof:

1. Arne owes Gary Block 1.1 MUSD for acquisition of Govbuys (as noted in SEC filing below - Item 2.01, Third Paragraph):

http://www.sec.gov/Archives/edgar/data/1145254/000114420411021525/v218243_8k.htm

2. Arne raises 1.1 MUSD for acquisition of Govbuys:

http://baltimore.citybizlist.com/1/2011/4/27/Ariel-Way-Raises-1.1M-Related-to-GovernmentBuys-Acquisition--cbl.aspx

3. . According to SEC FORM D below, Arne raised the 1.1 MUSD through exempt offering of securities. Also, according to Form D below (line 14), it appears the entire 1.1 MUSD was acquired from a single investor (Lief Carlson from Arrow Capital). Unfortunately, also according to Form D below (Section 5), Ariel Way had no revenues at time of filing.

http://www.sec.gov/Archives/edgar/data/1145254/000114525411000002/xslFormDX01/primary_doc.xml

4. So if Arne indeed raised the 1.1 MUSD, he could have indeed paid Gary Block and can consolidate some of the revs from GovBuys.