ARET Infostore Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ARET Infostore

ARET 0.0001000

-66.7%

Nov 5 1:03 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Jens Tingleff who wrote (29)	6/16/1998 12:00:00 PM
From: Mr. Jens Tingleff	Read Replies (1) of 202

The cut from 10-K describing ownership of First American Mortgage Company - The following transactions occurred between the Company and it stockholders and its affiliated companies: A. The Company leased its office space from its stockholder, Delmar Janovec in 1996 and First American Mortgage Company (an entity with common ownership) in 1997. The lease is on a year to year basis unless either party gives 90 days written notice of cancellation. Rents paid were $2,450 in 1997, and $17,528 in 1996. B. The Company has a note receivable from First American Mortgage Company in the amount of $75,771. An officer of the Company is a major shareholder of the First American Mortgage Company. This note is due on demand and is non-interest bearing. C. The Company has a note receivable from Dellar Investments in the amount of $43,981. An officer of the Company is a major shareholder of the Dellar Investments. This note is due on demand and is non-interest bearing. ________________________ The great issue being that Delmar seems to be 100% sure of arets success when he put those two together in one. Jens PS see also here: Message 4823741

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next