ARET Infostore Message Board

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Microcap & Penny Stocks : ARET Infostore

ARET 0.0001000

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Nov 5 1:03 PM EST

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To: Mr. Jens Tingleff who wrote (17)	5/29/1998 2:36:00 PM
From: Mr. Jens Tingleff	Read Replies (1) of 202

Here is Q&A regarding a point in 10K where ARET talks about CH11 former subsidiaries: QUESTION To: +Mr. Jens Tingleff (4366 ) From: +steve walsh Wednesday, May 27 1998 7:25PM ET Reply # of 4445 What does this paragraph mean?? Taken from edgars...... "The Company has consulted with legal counsel regarding the filing of bankruptcy proceedings for each of the Company's Engineering Subsidiaries. The Company intends to file the bankruptcy proceedings during 1998." Are we out of the woods? It goes on to say that they filed in 1995.......any word on what this may be/mean? Also....Again......can anyone comment as to the time frame we may be looking at for the Flour deal??? thanks again... Long for the long haul....... ANSWER To: +steve walsh (4367 ) From: +Mr. Jens Tingleff Wednesday, May 27 1998 7:37PM ET Reply # of 4445 The Engineering subsidiaries - Are IMO the former KLHE sub-co's where there still may be debts - So I regard this as a kind of housekeeping procedure to close those companies/shells. I did not see any impact to ARET on those - Neither as assets or liabilities. That is how I see it - I may be wrong anyone please correct if so !!

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