posted
Alright, so here's the deal with this one.. It's kinda stuck between a rock and a hard spot right now, because since they've been late in all their filings so often, NASD wanted to take them of the OTCBB. This was supposed to have happened as of yesterday. But ARETE appealed, and are getting a hearing on Sept. 6th to get forgiven of all that.
So, right now, it's at .009x.0091, mostly probably due to all the panic sellers that are afraid of this company being taken off the OTCBB.
I'm thinking that if ARETE does succeed in its appeal, it can have a nice return to it's glory (usually around .014-.015)
so yea.. don't buy anytime soon, cuz yea, it could really backfire if they lose and are taken off, but if they win and they stay, and they get that pesky 'E' off the end of their name again, good things could happen.
just wanted to have people aware, in case anyone's interested in such things.