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ARWD Arrow Resources Development Inc (CE)

0.000001
0.00 (0.00%)
29 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arrow Resources Development Inc (CE) USOTC:ARWD OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Arrow Updates the Funding Plans Program

10/12/2013 4:15pm

Business Wire


Arrow Resources Developm... (CE) (USOTC:ARWD)
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The Board of Directors of Arrow Resources announced today that Newport Partners electee, a sponsoring partner in Arrow's prospective financing plan has informed the Company that the depository bank is reviewing all of its large transactions to assure that they meet Basel III Capital Requirements compliance.

Arrow feels this will be accomplished during the first quarter of 2014.

About Arrow Resources Development, Inc.

Arrow Resources Development, Inc. develops and coordinates corporate operations, finance, sales and marketing activities along with the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI Company) is for the development of large scale plantation/farming operations and Ethanol plants in Indonesia and the Pacific Basin. Arrow's agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming including any and all sales of natural resources and derivative products. For more information about the company, please visit their website at www.arrowrd.com.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Arrow Resources Development, Inc.Peter Frugone, 212-262-2300Investor Relationsinfo@arrowrd.com

1 Year Arrow Resources Developm... (CE) Chart

1 Year Arrow Resources Developm... (CE) Chart

1 Month Arrow Resources Developm... (CE) Chart

1 Month Arrow Resources Developm... (CE) Chart