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Microcap & Penny Stocks : ARET (Formerly KLHE) -- Ignore unavailable to you. Want to Upgrade?


To: (Bob) Zumbrunnen who wrote (3782)3/25/1998 9:50:00 AM
From: (Bob) Zumbrunnen  Read Replies (1) | Respond to of 4594
 
Actually, wouldn't that be 49% of 5% of $15 million?

Correction: Since this is a JV, and assuming it's a 50% split
(although we don't know what the split is), it's 50% (Tomahawk's
share) of 49% (ARET's share of Tomahawk) of 5% (profit) of $15
million.

5% * $15,000,000 = $750,000 (profit portion of gig)
50% * $750,000 = $375,000 (TCC's portion of profit)
49% * $375,000 = $183,750 (ARET's portion of TCC)
$183,740 / 150,000,000 = $0.001225 (per share)
$0.001225 * 15 (rough PE) = $0.018375

Looks to me like getting this gig should add nearly two cents to the
stock price. Can someone check me on this?

Sadly, I've been going merrily along for several months completely
unaware that ARET only owned 49% of TCC. Meaning all of my previous
predictions (private and public) need to be cut in half.

Personally, I think this company has a lot of potential. I just need
to go back and recalculate how much that potential really is.

It's just too bad things are panning out the way they are. Would've
been much more fun (and profitable) to watch the effect of "exciting
news" from a 2 or 3-cent base, rather than from where it is now or
where it might be by the time such news actually hits.

I hope "Peanut" will increase his participation, as it would help
raise the knowledge level of the thread. I hope he drops the
demeaning attitude, though. I've always gotten enough of that from
the company.



To: (Bob) Zumbrunnen who wrote (3782)3/26/1998 1:44:00 AM
From: Sam  Read Replies (1) | Respond to of 4594
 
Regarding these PR, I called ARET this afternoon to get a copy of them & investor package, and they told me they'll send me everything when the financials will be ready. They didn't want to take my address by phone, but asked me to send them a request by fax w/ letterhead at :
(913) 859 9520
You know what? I suspect they are really the kind to save on the cost of a newswire...

Just for the fun, I asked them when the financials will be released, and they told me 2 weeks (including FY97)

Let me think.. with the cost of the fax I can buy 10 shares of ARET no?