Latest The Automotive Resource Network Holdings Inc (ARNH) Headlines
The Automotive Resource Network Holdings, Inc. (ARNH) Announces Issuing Anti-Dilutive Convertible Preferred "H" Securities To All Common Shareholders With A Record Date Of On Or Before May 20, 2013
PR Newswire - Wed May 01, 8:13AM CDT
(OTC Pink: ARNH) The Automotive Resource Network Holdings, Inc. CEO Kathleen Roberton announces that ALL common shareholders, as of record date May 20, 2013, will be issued Anti-Dilutive Convertible Preferred "H" Securities. This will serve as the redemption for the dilution of their investments in the open market, through the debt conversions. There will be no further consent resolutions by ARNH and use of rule 144 by stockholders, as a provision to convert equity or debt, until ARNH completes a registration statement with the SEC. These securities will be priced at $2.50 per share, will be anti-dilutive, convert at $0.00001 par value of ARNH and will be dividend capable. Additionally, once the company is audited to reflect the true market capitalization of the equity on its balance sheet, these securities will form the reconstituted Issued Capital that will be registered by ARNH to create new freely traded securities for its shareholders. ARNH will host a conference call on Monday, May 6, 2013 at 2:00 p.m
The Automotive Resource Network Holdings, Inc. (ARNH) Announces It will be issuing Anti-Dilutive Convertible Preferred Securities to all of its common shareholders to protect their Investments.
PR Newswire - Thu Apr 25, 8:21AM CDT
(OTC Pink: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that ARNH is set to issue a specific class of Anti-Dilutive Convertible Preferred Securities to all of its common shareholders. The massive dilution, in the market, that was incurred through the removal of CONVERTIBLE DEBT on the Company's balance sheet wiped out a lot of equity that shareholders had in ARNH's security.
The Automotive Resource Network Holdings, Inc. (ARNH) Announces It Has Retained MaloneBailey To File The Required Audited Financial Statements
PR Newswire - Wed Apr 10, 7:00AM CDT
(Pinksheets: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that MaloneBailey, LLP has been engaged to audit our Financial Statements on behalf of ARNH. MaloneBailey will audit the previous two years so that we can proceed with filing a registration statement with the SEC and become a reporting issuer.
The Automotive Resource Network Holdings, Inc. (ARNH) Announces that it has acquired Covenant Flight Group, a National Aviation Management and Flight Services Company and its fleet of aircrafts; the value exceeding $1,500,000.
PR Newswire - Mon Mar 25, 7:00AM CDT
(OTCPink: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that ARNH has acquired Covenant Flight Group, a National Aviation Management and Flight Services Company. This includes a fleet of aircrafts servicing clients in the Professional Sports, Academic, Medical and Automotive Manufacturing Industries. ARNH will service exiting liens on the aircraft fleet, with a commitment to pay it out, using convertible preferred stock and cash. This will free up about $27,000 per month that CFG is currently using to service liens on the fleet. Once these liens are paid in full, Mr. Kreb will immediately deploy upgrades to the aircraft fleet permitting expansion of services and increase annual gross income. Currently without expansion the Covenant Flight Group does in excess of $600K gross annual income and the fleet is valued in excess of $900,000. CFG is a sole proprietorship owned by Robert D Kreb Jr. Mr. Kreb brings to ARNH more than 23 years of Aviation experienc
The Automotive Resource Network Holdings, Inc. (ARNH) Announces That It Has Reached A Memorandum Of Understanding With The Majority Of Its Existing Non Affiliate Debt Holders To Retire Their Debt, For Convertible Preferred Stock
PR Newswire - Thu Mar 14, 7:00AM CDT
(Pinksheets: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that a memorandum of understanding has now been reached with the majority of the non-affiliate debt holders in the Company. The Restructuring and Reorganization of the majority of the debt is now complete. The Automotive Resource Network Holdings Inc. will be retiring the good majority of its debt, held by non-affiliates, to Convertible Preferred E Series Stock. These securities will be the backbone of the S1 registration that ARNH will be aggressively pursuing. Any outstanding non affiliate debt that has not signed off to this agreement, will have to be part of a registration statement with the SEC. Moving forward, ARNH will not issue any further resolutions outside of its existing contractual obligations, to allow its bond holders to convert debt into equity, without a registration statement.
Hot Equities News And Review: (OTC Pink: ARNH), (NYSE: VLO)
ACCESSWIRE-TNW - Wed Mar 13, 1:10AM CDT
New York (March 13th, 2013) - The Automotive Resource Network Holdings, Inc. (OTC Pink: ARNH)'s CEO Kathleen Roberton announced today that they have acquired, through an assignment, 245,000 Pre-Paid Gift Cards with the exclusive use of the Entrust America name that will thrust the company into the world of Identity Theft Protection, with impact.
The Automotive Resource Network Holdings, Inc. (ARNH) Announces The Acquisition & Assignment Of The First Multimillion Dollar Asset In Conjunction With ARNH's "Three Step Plan"
PR Newswire - Tue Mar 12, 7:00AM CDT
(Pinksheets: ARNH) The Automotive Resource Network Holdings Inc.'s CEO Kathleen Roberton announced today that they have acquired, through an assignment, 245,000 Pre-Paid Gift Cards with the exclusive use of the Entrust America name that will thrust the company into the world of Identity Theft Protection, with impact. The acquisition and assignment will also help the company to start putting equity on the balance sheet. These Gift Cards have a face value of $200 per Gift Card; therefore ARNH can offer them from $49 all the way up to $200 per Gift Card to the general public, focusing on value with a discount. ARNH will be selling these Cards as part of their Assignment Agreement, to individuals who are keenly aware of the problem of identity theft. Comparable values for competitive services in the identity theft space are upwards of $275.00 per customer yearly subscription for families of only 4 members. ARNH is poised to sell these Gift Cards through its direct marketing team, for half that cost, with more
The Automotive Resource Network Holdings Inc.'s (ARNH) CEO Kathleen Roberton sets new Agenda for the Company with a Three Step Plan.
PR Newswire - Mon Mar 11, 7:36AM CDT
The Automotive Resource Network Holdings, Inc.'s (OTC: ARNH) CEO Kathleen Roberton announces that ARNH will begin implementation of a Three Step Plan to get the Company back on track to success. The Company has already taken steps to enhance its public disclosure on OTC Markets by remaining current in its reporting obligations. Corporately, ARNH has also amended its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders. These securities will soon become available to the common shareholders. The mandate, moving forward, is to start reorganizing the debt on the balance sheet, so that the company is debt free. Then the Automotive Resource Network Holdings Inc., plans to register its securities to become a OTCBB company. The last part of the plan is to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.
The Automotive Resource Network Holdings, Inc. (ARNH) Announces Issuing Anti-Dilutive Convertible Preferred "H" Securities To All Common Shareholders With A Record Date Of On Or Before May 20, 2013
PR Newswire - Wed May 01, 8:13AM CDT
(OTC Pink: ARNH) The Automotive Resource Network Holdings, Inc. CEO Kathleen Roberton announces that ALL common shareholders, as of record date May 20, 2013, will be issued Anti-Dilutive Convertible Preferred "H" Securities. This will serve as the redemption for the dilution of their investments in the open market, through the debt conversions. There will be no further consent resolutions by ARNH and use of rule 144 by stockholders, as a provision to convert equity or debt, until ARNH completes a registration statement with the SEC. These securities will be priced at $2.50 per share, will be anti-dilutive, convert at $0.00001 par value of ARNH and will be dividend capable. Additionally, once the company is audited to reflect the true market capitalization of the equity on its balance sheet, these securities will form the reconstituted Issued Capital that will be registered by ARNH to create new freely traded securities for its shareholders. ARNH will host a conference call on Monday, May 6, 2013 at 2:00 p.m
The Automotive Resource Network Holdings, Inc. (ARNH) Announces It will be issuing Anti-Dilutive Convertible Preferred Securities to all of its common shareholders to protect their Investments.
PR Newswire - Thu Apr 25, 8:21AM CDT
(OTC Pink: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that ARNH is set to issue a specific class of Anti-Dilutive Convertible Preferred Securities to all of its common shareholders. The massive dilution, in the market, that was incurred through the removal of CONVERTIBLE DEBT on the Company's balance sheet wiped out a lot of equity that shareholders had in ARNH's security.
The Automotive Resource Network Holdings, Inc. (ARNH) Announces It Has Retained MaloneBailey To File The Required Audited Financial Statements
PR Newswire - Wed Apr 10, 7:00AM CDT
(Pinksheets: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that MaloneBailey, LLP has been engaged to audit our Financial Statements on behalf of ARNH. MaloneBailey will audit the previous two years so that we can proceed with filing a registration statement with the SEC and become a reporting issuer.
The Automotive Resource Network Holdings, Inc. (ARNH) Announces that it has acquired Covenant Flight Group, a National Aviation Management and Flight Services Company and its fleet of aircrafts; the value exceeding $1,500,000.
PR Newswire - Mon Mar 25, 7:00AM CDT
(OTCPink: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that ARNH has acquired Covenant Flight Group, a National Aviation Management and Flight Services Company. This includes a fleet of aircrafts servicing clients in the Professional Sports, Academic, Medical and Automotive Manufacturing Industries. ARNH will service exiting liens on the aircraft fleet, with a commitment to pay it out, using convertible preferred stock and cash. This will free up about $27,000 per month that CFG is currently using to service liens on the fleet. Once these liens are paid in full, Mr. Kreb will immediately deploy upgrades to the aircraft fleet permitting expansion of services and increase annual gross income. Currently without expansion the Covenant Flight Group does in excess of $600K gross annual income and the fleet is valued in excess of $900,000. CFG is a sole proprietorship owned by Robert D Kreb Jr. Mr. Kreb brings to ARNH more than 23 years of Aviation experienc
The Automotive Resource Network Holdings, Inc. (ARNH) Announces That It Has Reached A Memorandum Of Understanding With The Majority Of Its Existing Non Affiliate Debt Holders To Retire Their Debt, For Convertible Preferred Stock
PR Newswire - Thu Mar 14, 7:00AM CDT
(Pinksheets: ARNH) The Automotive Resource Network Holdings Inc.'s CEO, Kathleen Roberton, is pleased to announce that a memorandum of understanding has now been reached with the majority of the non-affiliate debt holders in the Company. The Restructuring and Reorganization of the majority of the debt is now complete. The Automotive Resource Network Holdings Inc. will be retiring the good majority of its debt, held by non-affiliates, to Convertible Preferred E Series Stock. These securities will be the backbone of the S1 registration that ARNH will be aggressively pursuing. Any outstanding non affiliate debt that has not signed off to this agreement, will have to be part of a registration statement with the SEC. Moving forward, ARNH will not issue any further resolutions outside of its existing contractual obligations, to allow its bond holders to convert debt into equity, without a registration statement.
Hot Equities News And Review: (OTC Pink: ARNH), (NYSE: VLO)
ACCESSWIRE-TNW - Wed Mar 13, 1:10AM CDT
New York (March 13th, 2013) - The Automotive Resource Network Holdings, Inc. (OTC Pink: ARNH)'s CEO Kathleen Roberton announced today that they have acquired, through an assignment, 245,000 Pre-Paid Gift Cards with the exclusive use of the Entrust America name that will thrust the company into the world of Identity Theft Protection, with impact.
The Automotive Resource Network Holdings, Inc. (ARNH) Announces The Acquisition & Assignment Of The First Multimillion Dollar Asset In Conjunction With ARNH's "Three Step Plan"
PR Newswire - Tue Mar 12, 7:00AM CDT
(Pinksheets: ARNH) The Automotive Resource Network Holdings Inc.'s CEO Kathleen Roberton announced today that they have acquired, through an assignment, 245,000 Pre-Paid Gift Cards with the exclusive use of the Entrust America name that will thrust the company into the world of Identity Theft Protection, with impact. The acquisition and assignment will also help the company to start putting equity on the balance sheet. These Gift Cards have a face value of $200 per Gift Card; therefore ARNH can offer them from $49 all the way up to $200 per Gift Card to the general public, focusing on value with a discount. ARNH will be selling these Cards as part of their Assignment Agreement, to individuals who are keenly aware of the problem of identity theft. Comparable values for competitive services in the identity theft space are upwards of $275.00 per customer yearly subscription for families of only 4 members. ARNH is poised to sell these Gift Cards through its direct marketing team, for half that cost, with more
The Automotive Resource Network Holdings Inc.'s (ARNH) CEO Kathleen Roberton sets new Agenda for the Company with a Three Step Plan.
PR Newswire - Mon Mar 11, 7:36AM CDT
The Automotive Resource Network Holdings, Inc.'s (OTC: ARNH) CEO Kathleen Roberton announces that ARNH will begin implementation of a Three Step Plan to get the Company back on track to success. The Company has already taken steps to enhance its public disclosure on OTC Markets by remaining current in its reporting obligations. Corporately, ARNH has also amended its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders. These securities will soon become available to the common shareholders. The mandate, moving forward, is to start reorganizing the debt on the balance sheet, so that the company is debt free. Then the Automotive Resource Network Holdings Inc., plans to register its securities to become a OTCBB company. The last part of the plan is to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.
