Has anyone ever read the press releases?
Actually, some of us have, but since they've rarely been published on the internet, it's a bit difficult to go back and re-read, which is an important part of DD. And, of course, new investors have only this thread and the company's IR on which to rely.
The next time I have a chance, I'll call the company and see if I can get their permission to scan the press releases and post them in a new thread here. That might clear up an awful lot of confusion.
What is this 5% of 15mil? Did anyone else read that they are joint venturing with Dunn Industrial? This means share and share alike---right?
Actually, wouldn't that be 49% of 5% of $15 million? Don't forget that Delmar exchanged a bunch of his ARET shares for 51% ownership of TCC, as was pointed out to us recently by another threadster. Of course, that event doesn't quite jibe with the number Delmar told me long ago (that he owned 80 million of the 150 million outstanding shares), so we won't really know about all of that until the financials finally come out, assuming they eventually do.
Also TCC has a $4 mil contact to build a hydroponic facility in Clinton MO.
Clinton? As far as I can remember, I never read anywhere that it was in Clinton. Was it in one of the relatively recent press releases? Guess I need to see if I can get Barry to fax me all of the ones since 9/15/97, since those are the ones I don't have. Or I could stop by, since I'll be working in Overland Park Friday and Tuesday.
Do you know if any of the work on that one has started yet?
Is this profit or is this money they will use to build and equip the facility?
It has always been my understanding (and I'm sure the understanding of nearly everyone here) that it was money to be used to build and equip the facility. Companies typically include the size of the contract in their press releases; not the amount of profit.
No wonder some of you have trouble communicating with them, when you don't listen/read what they put out
Blame ARET, not us. We have not had a lot to go on.
In closing, it sounds to me like you understand the company better than I and/or have better rapport established with them. For too long, I've been serving in the role of "virtual IR" for this company in the only venue in which this company is really visible in the investment community. After being told "any day now" several times too many, and, more specifically, after the tone of my last conversation with Barry, I've relinquished this role and have been waiting for someone else to step in. I don't appreciate being the one left to twist in the wind when promised events don't materialize. I hope you'll consider stepping into this role. You sound orders of magnitude more qualified for it than I ever was, save for the demeaning tone you use when addressing shareholders. |
