A conversation with Mr. Shepherd , President of ARET
who is ARETs Transfer Agent?
"This Information can be found at the bottom of the "Q" or "K" forms filed with the SEC. We are currently gathering the Information needed to report our annual financials to the SEC. This should be completed within a week and Reported sometime in October.
What are the number of shares outstanding?
216 Million shares are outstanding Of these 12 million are in the friendly hands of FAMC and are restricted, 23 Million are in the possesion of one ARET executive and are restricted, another 25 Million are in the possesion of another ARET executive and are also Restricted. An undisclosed Number of restricted shares are in the Hands of Flexwright, Inc. and are also restricted..all these shares are considered to be in friendly possesion
Has ARET began the common stock buyback?
"NO" The stock buyback will be initiated with cash flow..as cash becomes available, shares will be purchased..A million or better at a time, within the next year it will be completed, (Mr. Shepherd stated he wants the buyback to be completed sooner than later.
what is the status of ARETs acquision of First Americans Mortgage company?
The acquisition is finalized and FAMC is now a subsidiary of ARET.
is ARET considering a reverse split?
"NO" this makes no sense! It would benefit no one.
have you looked into these strange stock trading patterns?
"Yes" I have spoken with the Market Makers, We do not know of the big block seller, Yesterday there was a late purchase of 310,000 shares from an ARET executive and after going through MMs hands it showed up as 910,000 appearing as a big block sell.
how did ARET purchase shares of Flexwright Inc?
"It was a restricted stock swap for equity" Flexwright now has a Restricted common stock interest in ARET, and ARET now holds Restricted shares of Flexwright, Inc. Through this action Flexwright now recognizes ARET as a Design, Engineering, and construction company. (this will benefit us.)
This is a partial report of the conversation I have had with Mr. Shepherd, Lets digest this information and I will Post the rest about Tomahawk , Hydroponics projects, I-35 discussions Etc..Etc..
Mr. Shepherd appears to be intelligent, Hard working, well organized, and Knows the direction of the company...Some of the wording I used is not exact as I was taking notes, this is my belief as to what we discussed...This is not a recommendation to Buy or Sell a particular security, only information I have passed along
TsioKawe
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