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Microcap & Penny Stocks : ARET (Formerly KLHE)
ARET 0.00010000.0%Nov 5 1:03 PM EST

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To: Mr. Jens Tingleff who wrote (3951)4/14/1998 11:01:00 PM
From: BIGFRED  Read Replies (1) of 4594
 
Dear Jens, Bob and all:

As Melinda A. would say, WHO GAVE UP, YOU GUYS, I COULD...
Well I did.

After reading the financials yesterday I realized that ARET will not improve for a very long time, if any. Aret has a lot of debt and no cash to pay it. I also think that a lot of deals are won but the lack of cash is hindering it from starting any job. That also means no BW. I don't know how they are surviving with 168 in cash. Maybe they sold the 100 shares of GM that they had.

The increased in share numbers from 150 to 162 millions was a negative factor. Why Delmar is not informing his PR person? Just a month ago John asked that question for me and the answer was 150 millions.

Once I make up my mind I go all the way. I could have unloaded I believe in 2 to 3 days the shares that I sold today, however I wanted to get more shares of ADOT today which seemed to me a bargain.

I would like to wish all of you, good luck and particularly thank Jens and Bob for their help and excellent integrity.

Bye all

Fred
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