NEW YORK--(BUSINESS WIRE)--ARSK-- ARS Networks Inc. (OTCBB: ARSK), whose go forward plan is to seek out and invest in up and coming companies, today signed a letter of intent to purchase a controlling interest in 3359395 Canada Inc. a chemical cleaning products manufacturer operating under brand name Enviro Fresh Products. The Company expects the investment to add $400,000 of annual revenue. ARS Networks is confident that the opportunity to supply a complete line of branded chemical cleaning products to the retail industry will improve its means to build the companies value. Sydney Harland, President of ARS Networks, stated, "Enviro Fresh Products is a good building block for ARS. Enviro Fresh Products has a first-class customer base in the retail chemical cleaning products business. Enviro Fresh Products sells its merchandise to Wal-Mart Canada, Home Hardware Stores, Canadian Tire Stores, and Safe-Way Canada, as well as other independent retailers. Our investment into Envrio Fresh is good step forward in restructuring our company." Harland continued, "We are confident that our investment will set in motion the opportunity for Enviro Fresh Products to sell it's merchandise into the US market. Which, in turn will add growth to ARS and provide shareholders with enhanced value."
Forward-looking statements in this release are made pursuant to the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward- looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
KEYWORD: NEW YORK INDUSTRY KEYWORD: CHEMICALS/PLASTICS TELECOMMUNICATIONS NETWORKING PRODUCT SOURCE: ARS Networks Inc.
CONTACT INFORMATION: ARS Networks Inc. Syd Harland, 716-332-6143
quote:Originally posted by keithsan: MALLOY FAST hope your still holding this should fly today!!!!!!!!!!!!!!!!!!!!!!
Keith what are you thinking it goes from .008 to .02 in the ask. Thats crazy. There is no support and no resistance, do you think this is gonna fly into the teens?
posted
Keith, you still watching this one? I think it may be a decent play. I got in tuesday, but didn't get any movement. Just wonder what your opinion of this one is. I think it is easy over a penny again, wonder if I am crazy?
quote:Originally posted by keithsan: small bounce today, could've picked up at 54 maybe 53 quick though i missed it. same with yesterday. 51 quick and gone nice gains though....
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