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


To: Cannon who wrote (4446)5/29/1998 3:00:00 PM
From: Mr. Jens Tingleff  Read Replies (1) | Respond to of 4594
 
There is always risks - During the last 10 months we have had several spikes up on different news - Many investors lost patience (I understand that - was close myself) - Company or a person at the company promised e.g. that Aret would start to use BizWire or PRnewswire. At the end of the day it was decided not to.

So I would sort of say that the low price is kind of due to a very conservative attitude at ARET - which makes the whole situation last 10 months rather ANTI-HYPE.

The positive aspect being - That anyone who started crying fraud here were easily rejected - alone with that argument.

Furthermore we had been told that Delmar owned some 80mil - In the 10K it shows that it is only some 16M he directly owns - As answer to that we were told (here on the thread) by Peanut (a poster that were only on this thread at all in SI and who claims to be in very close contact) that Delmar for tax reasons had turned large part of his shares over to family. - It is a point which I'm still not quite happy with as it IMO should have been reported to SEC. Anyhow that's how we stand on that issue -
This I'll have to remember for next inquiry at Aret: We would like clarification on that issue / Know qty in float.

Kr
Jens