Latest AREE DD:
AREE NEW INVESTOR INFO/DD: updated 7/20/00:
The following information has been gathered by shareholders of the Arete Industries Inc. RB board. The information contained within consists of SEC Filings, PR's, Contact Numbers, Links, a brief overview of management and the Company and miscellaneous information. This information is updated accordingly and is here to assist you as a starting point for DD.
LINKS:
ARETE INDUSTRIES COMPANY WEBSITE WITH LINK TO ARETE OUTDOORS: areteindustries.com
SNOWFANG SNOWSHOE INVENTOR/DESIGNER: MIKE LOWE: areteindustries.com
FROM THE ARETE LAB 2000: INTRODUCING: DIRT RUSH AND POWDER RUSH FOR NEW CONCEPT DOWNHILL SKIING ALL YEAR ROUND: areteindustries.com
INAUGURAL OURAY ICE FESTIVAL 2001 SNOWSHOE RACE AND RELATED LINKS: areteindustries.com denverpost.com ourayicefestival.com
JEFF LOWE'S SITE A BUSINESS CULTIVATOR WITH ARETE: jefflowecloudwalker.com
MIKE AND GREG LOWE PATENTS GRANTED: ragingbull.com
APPLIED BEHAVIOR SYSTEMS RELATED LINKS:
ragingbull.com
ragingbull.com
ragingbull.com
SEC FILINGS: quicken.elogic.com
ARETE INDUSTRIES INC. PR'S: stockpoint.com\202p0508.htm&Mode=NEWS&Symbol=AREE
stockpoint.com\193p4200.htm&Mode=NEWS&Symbol=AREE
stockpoint.com\187p1031.htm&Mode=NEWS&Symbol=AREE
quicken.com
quicken.com
quicken.com
stockpoint.com\146p9311.htm&Mode=NEWS&Symbol=AREE
quicken.com
quicken.com
quicken.com
SEC INVESTIGATION:
ragingbull.com
ragingbull.com
SHAREHOLDERS MEETING 06/02/00: RAGINGBULL ATTENDEE'S POST SUMMARIES OF THE MEETING:
RB poster: tkivan comments: ragingbull.com
ragingbull.com
RB poster: logbuilder comments: ragingbull.com
ragingbull.com
ragingbull.com
Arete Industries, Inc. 2955 Valmont Rd. Suite 310 Boulder, Colorado 80301
**FLOAT: 195 mil. (APPROX.) **O/S: 300 mil. (APPROX.)
CEO Tom Raabe: (303)247-1313
Investor Relations: Erik Popkoff (718)998-8124 or email: ir@areteindustries.com
MANAGEMENT AND EXPERIENCE
1: Current management took control on May 1,1998.
2: Tom P. Raabe, CEO of ARETE Industries, has 17 years experience as an entrepreneurial attorney and business consultant.
3: Mike Lowe, COO of Arete Industries and it's subsidiaries. Also managing director for Aggression Sports dba Arete Outdoors, since October 30, 1998.
4: Mike and Greg Lowe were founders of Lowe Alpine Systems. (Company was sold in 1988)
5: Lawrence Mortimer, director of marketing and sales. Has over 15 years Sales and marketing experience.
6: Michael Parsons, director of technical and business operations. Has impressive engineering oriented, senior executive and technical operations background.
7: Thomas Gorman Jr., currently a board member and CFO of Arete and has operational role with the comapny.
8: "Our new team represents 90 years of work experience, 72 years of management experience and 68 years of senior management expertise."(Raabe)
NEW VISION:
The new vision of Arete Industries, Inc. is to cultivate business start-ups. Out strategy is to build a management team and core logistical functions thatcan be shared by the varios business develoment initiatives which we choose to pursue. The core lgistical function will be centered on delivering to our partners a flexible Internet marketing and back-end fulfillment capability ('bricks' and 'clicks') coupled with traditional marketing capabilities whick will leverage growth and accelerate revenue generation. The plan is to begin with a couple of projects that match-up well with the capabilities of the management team and with our Internet and fulfillment capabilities.
NARRATIVE DESCRIPTION OF BUSINESS OF THE COMPANY
The first business opportunity which the Company is cultivating is in the summer and winter alpine sport segment of the specialty outdoor adventure sporting goods industry. This segment is one of the fastest growing areas of the sporting good industry with the product categories such as snowboards , snowshoes, and mountain biking. In recent years, these products have created an entirely new industry niches. The Company is entering this segment with innovative patentable products that can be at the leading edge of entirely different new catgories. Each of the approximately 30 products currently under development or proposed in the near term, is directed at creating a new and unique experience for the weekend explorer, the expert and recreational user. The ability to create this unique experience is illustrated by the Company's first two products: the snowshoe and the alpine scooter.
COMPETITION
The outdoor sports business is highly competitive and Arete Outdoors will have a number of competitors across the United States. Sizes of competitors range from small privately held businesses to large, well capitalized corporations, with substantial operating histories. Arete outdoors will address the competition by being one of few companies to launch its products and sell primarily over the internet. In this way, it will not have to invest substantial sums of money developing a wholesale distribution network in order to break through entry barriers. This will require a substantial investment in publishing and advertising its new website. Arete Outdoors will operate a community website which is designed as a destination site for outdoor adventurists and enthusiasts. There are several outdoor websites already in existence which have substantial traffic and are well funded with private and public venture capital. Although the company's website design is unique in the industry, the Arete Outdoor website will compete with the existing sites for this traffic.
MISCELLANEOUS
"The Arete Outdoors Website will be constructed as a destination site for the outdoor adventurist with product reviews, special sections of content directed to particular events,activities and interests, forums, classified adds, an auction site and a store, among other features. The site will feature products, services and content provided by Mike Lowe, Greg Lowe and special contributors and other prominent members of the outdoor adventure community."
In January 2000, Aggression Sports entered into an agreement to issue 30% of its outstanding common stock in exchange for the right, title and interest in approximately 30 products in various stages of development and various stages of the patenting process. As a result of this agreement, the Company's interest in Aggression Sports has been reduced to 31%.
AREE PRODUCTS AND DESCRIPTIONS FROM WEBSITE
SKIS: Shock absorbing skis that are turnable to any terrain with an adjustment of a dial and more responsive on anything from ice to deep powder.
SNOWSHOES: Designed for the runner to the expedition climber. Lightweight and durable. Great flotation and works better than any other snowshoe on steep technical terrain.
**ALPINE SCOOTER**: Designed for summer and winter downhill ski areas, this full suspension scooter is easier and safer to ride than a mountain bike and it's much faster to learn than skiing or snowshoeing.
MOUNTAIN BIKES: Introducing a new concept in full suspension with the precision handling of a hardtail and the long travel plushness of a downhill bike.
ROAD BIKES: Simply the most comfortable bikes you have ever ridden.
MICRO TOOLS: Micro winches, biners, and pulleys that you can carry anywhere to lift loads, rescue people, or pull a stuck vehicle out of the snow or mud.
LIFESTYLE TOOLS: They rethought everyday tools from hammers to wrenches to can openers to make them work better and handle more comfortably.
SPORTS NUTRITION: New sports drinks and foods to help you perform better with greater strength and endurance for a longer and healthier life. |