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Non-Tech : Farming
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To: Joe Dancy who wrote (3063)4/27/2013 9:34:49 AM
From: richardred   of 4440
 
Well Joe I've seen you have been selling your ARTW stock recently. I've also seen my YH blurb About Palmer Tank being acquired was ask to Mr. McConnell
I like the newest ARTW acquisition.

CC Snip-
Our next question comes from Roger Miller from Foggy Daze International. Please state your question.

Roger Miller - Foggy Daze InternationalToday unfortunately puts me at a rather difficult spot due to the fact it’s tax day. So I was in the middle of doing that when I had to scramble to get to a fixed line phone. My first question is which I’ve seen on the message board, I wanted to clear this up and I thought the best way to do this would be to let someone in the company answer it. Recently Worthington Steel, which is based out of Columbus, Ohio and I’m very familiar with them, made an acquisition of Palmer Tank which is in the oil and gas industry. And in the last conference call Dan Palmer made some statements about the oil and gas industry and the very competitive pricing. This acquisition that Worthington Steel made was very substantial and accretive to earnings. Is there any questions going forward that you may spin off the vessels division or they may move in to a different segment that you’re not in in order to get profitable?

Ward McConnell I don’t know about this. I know Worthington Steel, but I didn’t know -- they bought a tank company you’re saying?

Roger Miller - Foggy Daze InternationalThey bought Palmer Tank in the oil and gas industry and I think you should look into that.

seekingalpha.com

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