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Gold/Mining/Energy : ARUR - American Resources Technologies, Inc. (Bull's Board)

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To: Mac who wrote (103)3/11/2006 2:34:24 AM
From: jmhollen  Read Replies (1) of 235
 
Buying into a Private Placement is not dilutive. Anyone interested should contact the HQ for information. A number of the old Longs did that 8+ months ago, and that's how bringing the 5 current wells online was funded. Now they have oil revenue coming in.

Those are Form-144 Restricted "..already-issued.." company treasury shares that you will have to hold for a year. No S-8 was required. The company is simply giving up some of their down-the-road gains for some non-interest bearing development capital right now.

I personally think it's a great deal for the non-flippers.

John :-)

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