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Author Topic: ARET Oil merger announcement by July 15th
The Phat Man
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quote:
Originally posted by Dynamite:
There you go Phat Man.

dynamite... appreciated. i also emailed the guy.
here's a copy of the email and return response. as liberty made reference to, it is some kind of 'foreign investment trick' and/or PR/posting hoax. i was laughing to myself thinking about how whoever this dude is (named charles pincel) must have had a
sh!t-ton of emails as of late about aret in his inbox from people around the world who he didn't know. funny....
anyway, here it is:


From : Charles Pincel <escarigo70*yahoo.com.br>
Sent : Tuesday, July 11, 2006 3:02 PM
To : C***** J****** <*************hotmail.com>
Subject : Re: inquiry


Charles Pincel writes:

| | | Inbox
sorry but there no will be takeover.


from:
C******** J********* <************hotmail.com> escreveu:

hello and good day,
you do not know me but i appreciate you taking time to read this email.
i am writing to you with regards to a recent post you made on telecentro's
website forum. the link to your post is here:
http://www.telecentro.pt/forum/ler_questao.asp?qt=218&varid=2

i am hoping that you may be able to provide some clarification to the
statement you made regarding Banco Espirito Santo launching a takeover of
Arete Industries. if you can elaborate on any aspects of your statement, it
would be appreciated.

i thank you for your time and consideration.
have a great day,
C******* J*********
*********hotmail.com

-------

this is what you wrote:
Assunto: Banco Espirito santo will launch a takeover to Arete Industries
Inc.
Enviada por:
Nome: José Escarigo
Data: 11-07-2006 13:18:49
e-mail: Escarigo70*yahoo.com.br
Respostas: Nenhuma

Questão:
Lisbon - A source from Banco Espirito Santo (BES) said today that Banco
Espirito Santo will launch a takeover to Arete Industries Inc.
Banco Espirito Santo (BES), will notifie next friday the Portuguese National
Securities Market Commission (CNMV) that it was willing to waive the
condition of a 75% minimum acceptance level to which its public offer for
the acquisition of Arete Industries Inc shares was subject, taking into
consideration that the response received will be sufficient to develop the
business project pursued through the takeover bid.
Banco Espirito Santo (BES) will launch a takeover bid for Arete Industries
Inc with the payment of $0.10 USD for each of the that responded to the
tender offer, this initial offer could reach the limit of price of $0.12 USD
for each share of the company.

--------------------
Cashing checks in two forms: Money and Reality

GLTA,
The Phat Man

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The Phat Man
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quote:
Originally posted by Dynamite:
quote:
Originally posted by The Phat Man:
dynamite... no response on why you state the 'source looks credible'?

Just did my dd, emailed the contact on the 'supposed PR released today'

This is what he said:

"well i think that takeover don´t happen,
bogus rumor"

He is obviously portuguese, In his distorted english, I translated it as this buyout didn't happen, so we have to wait for vaild news.

sorry, dynamite... but gotta call ya out on this one cuz i'm just a d!ck for the truth that way.
but someone who's "obviously portuguese" and using "distorted english" as you say would be very unlikely to possess the grammatical and/or cultural english language skills to use contractions (ie. don't) and especially would not use the word "bogus" in referring to a rumor and/or stock takeover. (unless, of course, mr. charles pincel's favorite movie of all time is "Bill and Ted's Bogus Journey".)

not entirely sure you did do that DD. sorry. jmho.

but i did do it. and the results ended up pretty much the same.
'no takeover'. where that whole thing came from in the first place will remain a mystery of the pinks until it can be proven otherwise.

--------------------
Cashing checks in two forms: Money and Reality

GLTA,
The Phat Man

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liberty01
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The merger is with a Florida OIL and GAS company, more than likely a profiable private company looking to get exposure from public markets to expand its operations and reep more profits from the high value of crude oil or Natural Gas. Swweeewww.

I cant remember what stock someone tried this with back in april but same thing came out, just a bunch of confused ****gers. We will get confirmation from a PR by Arete itself trust me.

Watch for a possible buy-out or buyer for Aggression Sports, i saw they had $10,000 left in inventory! Also, came across a slew of information on the subsidary Arete Outdoors, was once a sport retail portal, lotsa good articles on this with a basic search!

Lets see anything else,???? not right now any other DD appreciated!

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JohnDoe
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So no merger that's why it's dipping?Then why the hell did they said on their site stating about them merge with another co...? All LIES?...
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Tmoney
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so is everyone dumping in the morning

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a little at a time turns a penny to a dime!

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JohnDoe
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Tmoney: calm down...i was playing along with The Phat Man.We need to wait for the PR from the company it'self not someone from Spain or whoever they are, i don't trust those damn euopeans.. [Big Grin]
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Tmoney
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so is there a buy out or not,

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a little at a time turns a penny to a dime!

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Dynamite
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quote:
Originally posted by Tmoney:
so is there a buy out or not,

There is a possible buyout, we just have to wait for the news. Be patient.

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There's no astericks in this life, only scoreboards.

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Tmoney
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ok so all the "no takeover" and stuff above was just some joking

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a little at a time turns a penny to a dime!

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Dynamite
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quote:
Originally posted by Tmoney:
ok so all the "no takeover" and stuff above was just some joking

Yes it was bogus, it wasn't taken over by Banco Espirito Santo. Just have to wait for real PR from Arete.

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Tmoney
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ok thanks guys, stepped away from the computer for a bit, i just didnt want to be holding the bag, hey dynamite you sure do like to use bogus alot,

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Dynamite
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very funny tmoney, it was just a part of an email.

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Tmoney
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just making sure didn't know if you were home listening to some big hair band and watching i love the 80's on VH1, so today was just a pullback, are we expecting a green day tomorrow

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a little at a time turns a penny to a dime!

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Dynamite
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I'm hoping so. Some red is good for any company, you always need a good balance.

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There's no astericks in this life, only scoreboards.

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liberty01
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Are you all serious, we need to start a board with people who know whats goin on!!!! this is ridiculous!!!!! Did any of you do your DD. cause if you did you would know that a company has already signed a LOI,(for any of you idiots that is a Letter of Intent) with that the company(Florida Oil and Gas) has already made a downpayment of $25000 to secure all the necessary work be accomplished so that they have a proper structure for their company to move into. The comapny is a private Florida Oil and Gas company, not a foreign bank?????!!!!

There are 2 remaining PR's 1.) about the a buyout or merger with Aggression Sports (also called Arete Outdoors) 2.) merger with Florida Oil and Gas company. (This is the big one) the PR is going to explain more about the company once it is released, maybe also in the next filing who knows we are for certain it is with a Florida Oil and Gas company though.

Oh well, im drunk and a little concerned for the posters here on this board who have no idea, there Bye!

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portman
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trust the board...but verify.

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stocks1984
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wow i have another opportunity to get in low again but can i get in lower?
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Dynamite
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.016

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There's no astericks in this life, only scoreboards.

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stocks1984
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wow, ren and liberty, are you guys still in this? hope you listened to my advice "pullback" is what is happening!
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Dynamite
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is anyone holding?

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There's no astericks in this life, only scoreboards.

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liberty01
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still in and ready to rock baby!!!! im calling my girlfriend to get more shares right now!!! hahaha

You bastu*rds were right about the pullback good job still dont get the ballsyness of the act???

Oh well opportunity knocks! GLTA

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Wit
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From another board.....


TICKERS WITH NEWS
AFTER THE BELL JULY 11, 2006
BEFORE THE BELL JULY 12, 2006

ACTC, AGXM, ARET, ARRY, AVSY, BFRE,
BIBH, BMGC, BMPX, BNVI, CDTP, CHHH,
CGNW, CLRO, CPPXF, CRWTF, CTDH, DGTL,
DOIG, DRVW, EMED, ENSY, EQUR, ERMX,
EVOL, EWDT, FCCC, FDRA, FFI, FNGC,
GENV, GPCB, HQSM, HRAY, IAIC, IDWD,
IHDR, IIP, IPUR, IXOG, IVGA, JELD,
KENS, LBWR, LUCE, LVTI, MGMX, MNG,
MSFT, MTSN, MVTS, NHYB, OMOG OMDA,
ONTN, OSIIF, PAE, PGPM, PKTH, PLKH,
PMCS, PMTR, PPDA, PRGF, PRRPF, PTRS,
PWCL, PYDS, QMED, RWGI, SKRM, SPM,
SWNM, SYBD, TBLC, THPHF, TLPE, TXXN,
UCNN, UDTT, UPZS, UTEK, WGNR, WYPH,


Some of the other symbols from that STOCK PICKER update, all had news last night or this morn.

--------------------
~You aren't wealthy until you have something money can't buy.~

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liberty01
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You boys and girls ready for a RIDE!!!! Well Here it comes baby!!! reloaded, this is going to come soonn!!!!!!

Getem while there hot, nice find wit

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stocks1984
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aret does not have any news. it says news before the bell and theres no news?
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Wit
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Penny Stock Tips Gain 170 Percent On the Day
Tuesday July 11, 7:00 am ET

SCOTTSDALE, Ariz., July 11, 2006 (PRIMEZONE) -- Quality Stocks reports that selected penny stocks covered by online investment newsletters for Monday June 10, 2006 saw closing gains as high as 170% on the day.

The share price of Grifco (Other OTC:GFCI.PK - News) gained 171% to close at $0.298 following news of a $2.25 Per Share Offer.

Grant Life Sciences, Inc. (OTC BB:GLIF.OB - News) leapt 130% to close at $0.0345 following an interview last Friday with WallSt.net.

Paivis Corp. (OTC BB:PAIV.OB - News) continued its recent run of closing gains, closing up almost 35% at $0.0105 on no news.

Shares of Arete Industries, Inc. (OTC BB:ARET.OB - News) have more than doubled since the start of this month. The stock closed up another 30% today at $0.0205.

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~You aren't wealthy until you have something money can't buy.~

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Wit
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I think that may have been it above.

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Wit
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Actually, the more I look at it and the timing (yesterday), seems like it was, not to say that we won't be getting more, as it is expected and will be sudden.

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liberty01
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way oversold!!
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stocks1984
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gald its going up!
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Borishar
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I am still holding ... 150k shares baby... this is going to fly sooner or later... and if you think that we are pumping.. you should know better than that with our small $3-$4 k orders you cant make this thing go up.. so dont fool yourself thinking that you can make a stock move... lol... market makers moving we are collecting if we are lucky...
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liberty01
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Found lots of good DD last night, narrowed my choices down to 4 candidates for the merging company.

All look well and balanced sheets well into 1-5 million dollar range. usually 10-49 employees

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liberty01
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Anybody else find any possible companies in florida through a little DD? Lets help each other and see if we cant get the inside track first!
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JamesBond007
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I too have 150k Shares and putting my fingers crossed.I have sold some of my loss giving stocks to accumulate ARET.
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JohnDoe
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GUYS load this up now good time to accumulate b4 this blows out like FHAL. [Big Grin]
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yayplaya
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I got in today at .015. think we'll hear the merger announcement by the end of this week?

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