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Profile - Arete Industries, Inc. (OTC BB:AREE.OB)
As of 31-Aug-2001
Enter symbol:
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More Info: Quote | News | Profile | SEC | Insider | Reports
Recent Events
Aug 24Price hit new 52-week low ($0.001)
Location
2955 Valmont Road, Suite 310
Boulder, CO 80301
Phone: (303) 247-1313
Fax: (303) 247-1315
Email: ir@areteindustries.com
Employees (last reported count): 4
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Business Services
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 24%
·Institutional: 0% (0% of float)
(one institution)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Arete Industries, Inc. intends to cultivate business start-ups. Arete Industries currently is working with Agression Sports, Inc. (d/b/a Arete Outdoors) in which the Company has a 44% equity interest. The first of the products to come to market is a snowshoe (patent pending). The next product is the Alpine Scooter (patent pending). The next two products, scheduled to be introduced in 2000, are the Power Pole and Suspension Ski, which will complete the first full winter product line.
More from Market Guide: Expanded Business Description

Financial Summary
AREE is in business of cultivating new start up or development stage business by providing managed fixed cost, marketing, executive management services, and by offering entrepeneurs liquidity. For the six months ended 6/30/01, revenues totalled $82 thousand, up from $30 thousand. Net loss from continuing operations totalled $838 thousand, up from $327 thousand. Results reflect increased other revenues, offset by higher research costs and increased operating expenses.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Pay

Thomas Raabe, 46
Chairman, Pres, CEO
$134K
Thomas Gorman, 42
Sec., Treasurer, Director
48K
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- OTC BB:AREE.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 24-Aug-2001
$0.001
Recent Price$0.003
52-Week High
on 4-Apr-2001
$0.438
Daily Volume (3-month avg)3.53M
Daily Volume (10-day avg)11.3M
Stock Performance
52-Week Change-90.3%
52-Week Change
relative to S&P500
-87.0%
Share-Related Items
Market Capitalization$1.41M
Shares Outstanding470.8M
Float357.8M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)-$0.00 
Earnings (ttm)-$0.01 
Earnings (mrq)-$0.00 
Sales (ttm)$
CashN/A 
Valuation Ratios
Price/BookN/A 
Price/EarningsN/A 
Price/Sales (ttm)7.62 
Income Statements
Sales (ttm)$160.0K
EBITDA (ttm)-$1.57M
Income available to common (ttm)-$1.95M
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-913.95%
Return on EquityN/A 
Financial Strength
Current Ratio (mrq)0.01 
Debt/EquityN/A 
Total CashN/A 
Short Interest
Shares ShortN/A 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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