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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Taki who wrote (148340)7/3/2006 6:00:00 PM
From: Taki  Read Replies (2) | Respond to of 150070
 
ARET.0098Keep and eye on it.ALERT1)Merger by 15th of July
with an Oil anf gas company=Great sector to merge with.
2)Divy as of record July 3rd?2)Merger by 15th of July.Read PRs.Bold.15 of July coming.
3)The short position is over 12 million so far Per Buyins.net.
ARETE INDUSTRIES INC (ARET)"
SqueezeTrigger Price: $0.01
Days on Threshold List:
Current Price: $0.01
Current Volume: 1051564

"Report Month","6/2006","5/2006","4/2006","3/2006","2/2006","1/2006","11/2005","10/2005","9/2005","8/2005","7/2005","6/2005","5/2005","4/2005","3/2005","2/2005","1/2005"
""
"Short Volume (number of shares)","12032082","10282110","3073016","3973993","

biz.yahoo.com
Arete Industries, Inc. will spin-off its shares of AVT to its shareholders of record as of July 3, 2006. The spin-off will be a dividend of 1 share of AVT for every 975 shares Arete owned on the record date. In addition, there will be no fractional shares or odd lots of AVT issued as a part of this dividend. This means that the minimum number of shares of AVT issued to any shareholder of Arete will be 100. (i.e., 97,500 shares of Arete equal 100 shares of AVT) An information statement is expected to be mailed to the shareholders of record around the 15th day of July 2006.

biz.yahoo.com

Arete Industries, Inc. announced on May 8, 2006 that it had received a letter of intent and non-refundable deposit of $25,000 for the due diligence period that was to end June 12, 2006. "The process has been slow but the parties are close to terms on a definitive agreement for the purchase and merger of an oil & gas company," stated Charles Gamber CEO of Arete. The Company still needs to deal with the status of its inactive subsidiary Aggression Sports, Inc. dba Arete Outdoors and the final settlement of its outstanding debt. The Company feels like it will be able to complete the final agreement and settle all of its open items by no later than the middle of July 2006.

Per PR Merger to be done by July15th.Short position jumped from 3 million in April,to over 12 million
in June.I wonder when the merger done deal by July 15th and they cover what happens.Weeeeeeeeeeeee.