Silicon Investor (SI) -- The First Internet Community

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 (Formerly KLHE) -- Ignore unavailable to you. Want to Upgrade?

To: peanut who wrote (3997)	4/17/1998 4:57:00 PM
From: John	Respond to of 4594

Thanks for the insight, Peanut. Question: Do you believe ARET will eventually become a profitable company or be forced into bankruptcy again, and if so, when? Thanks again, John

To: peanut who wrote (3997)	4/17/1998 5:20:00 PM
From: (Bob) Zumbrunnen	Read Replies (1) \| Respond to of 4594

Yes, I do/did talk to the guys at ARET, also had lunch with them last week while I was in town. First time meeting with them? 3 for 3 not a bad average for getting the press release information to all the brokers. I'd rather see the press release information get to shareholders and potential shareholders than solely to brokers. It's my understanding that not only can brokers not recommend this stock to any of their customers, any of their customers who buy the stock must sign off on a statement ("Blue Sky") that says the broker didn't recommend it and can't be held accountable for the performance. Do you happen to know that many brokerages are also marketmakers? Do you know which of the brokers Delmar talked to are actually making a market in ARET? Of course, a marketmaker would prefer that press releases for a penny company don't get to too many people. They have a vested interest in making supply and demand happen when they want it to; not when fundamental events should dictate it. I would no sooner ask a marketmaker whether I should use BusinessWire than I would ask a Chevy dealer if I might be better off buying a Ford. Your right Delma's reported position in ARET has been reduced, well it's not in his name any longer I can somewhat relate, as little of my holdings in any company in which I'm loaded up are actually in my own name. It was believed not only by him but by myself as well, back in late 97 that the tax laws were being changed so that any stock gift to adult family members could have an additional 45% tax tacked on to the 20% capital gains tax if it was sold [emphasis mine]. So what would you have done, I know what I did, but I can't speak for Delmar. Are you saying he gave stock to his kids? If so, wouldn't that have to be reflected in the 10K in the same manner First American's shares were reported? Or are you saying he gifted the shares to others so they could be sold without having to file Form 4? I know what I would've done, and it wouldn't have been to make the float many times larger than it previously was. And as far as I can determine from the 10K, everything but Delmar's personal shares and FA's shares are in the float. They called a number of brokers across the country and not one of the brokers felt that paying money to distribute a press release( which they get anyway across the wire) was worth paying for. Barry told me the repeated comment from the brokers was " who is in a position to push this stock? someone in small town USA or a broker" There are serious flaws in that line of reasoning. I'll check further into the guidelines governing brokers where this stock is concerned, but I do know that most brokers, even if they legally can, won't "push" this stock. None of my brokers would know this company even existed if it weren't for my mention. The main flaw is that without the likes of BusinessWire, nobody but brokers (marketmakers) and anyone on the company's "fax list" ever knows anything about the company. Most of us don't have access to Bloomberg. Few folks who are penny-stock candidates do. We penny-stock people rely on BusinessWire because their news shows up on all of the internet-based search engines. And in this day and age, you'd best believe that most folks who are serious about penny stocks are using the internet to their advantage. That's why SI has grown the way it has. If nobody but the marketmakers and some of the existing shareholders know about news, it's worthless. Granted, $40 per release can add up to hundreds of dollars over the course of a year, but in terms of shareholder value, it's well worth it. Have any of these "brokers" told the company that using BW would have a deeper negative impact than the cost of the releases? Is Delmar aware that many comparable companies use BusinessWire? Oh. Nevermind. Of course he knows. I've told him. So all anyone ever has to do is call them and you will get the same information I think what the problem boils down to is that it's not information we're most interested in. It's the value of our shares going up. Many of us either do this (buying and selling stock) for a living or as a way to turn our savings into more savings by putting it in places where it can gain in value. The decision to not use BusinessWire is a clear signal that the company doesn't care about shareholder value. There's no way to take that otherwise. Especially when many of the shares I (and others) currently own were bought because of Delmar's earlier assertions that he'd be using BusinessWire. I was told that Barry and Dick will do all future interaction with stockholders, ARET is becoming very busy and Delmar's schedule doesn't allow for the time I have noticed that and can appreciate it. Delmar is frequently out of town, which I consider an extremely good sign. I haven't talked to Dick very often. May have to ask for him next time I call. My main issue with Barry is that he takes everything so personal. It's about investing; not about whether or not people like each other. I really don't want to be a regular contributor to this group because I have a hard time dealing with the over analyzing SI members do of the stock We're investors, Peanut. It's what we do. We analyze, do lots of research, share our findings with each other and bounce our opinions off of each other. It's not personal, and you might do well to remember that before writing someone an inflammatory post again in the future. :) But don't rework, rethink, rehash, misrehash and then get upset when you don't understand what is going on in ARET Can't comply with that request. As I said before, many of us either do this as a vocation or an avocation or as a way of growing our nest egg. Simply plunking down money without any analysis is nothing short of gambling. Personally, I can attribute some of my "upsetness" to not understanding (Delmar's shares, for example) but that only accounts for a small portion of it. What I'm most upset about is the company's refusal to use BusinessWire after repeated assertions that they would. Clearly mixed signals when the company sees fit to get filings out so they can stay on the OTC:BB, but then doesn't want anyone but existing shareholders and marketmakers knowing what the company is actually doing. Remember they are in business to do business Actually, I first said that many months ago right here in this thread. I just wish they'd remember that they are also in the business of increasing shareholder value. All of that (Whew!) said, I'd like to say that I do hope you'll try to be a more frequent contributor to the thread. You have an admirable handle on the situation, as long as you don't take it personally when others disagree with you. I'm just a computer consultant stuffing excess income into places it can do more for me than it would in CDs. As such, I know little about any of the fields ARET is into, and defer to your superior understanding of how these things work, if you'll share that understanding with us. We understand stocks, publicly held companies, financials, etc. What we often lack is someone with your type of perspective. Just don't take it personal when we either disagree with you, or overanalyze what you say. ;)