Home | Business News | Browse by Publication | B | Business Wire

Arete Industries, Inc. Initiates Restructuring Plan for the Company; CEO to Change Position with the Company to Focus on Reorganizing and Re-Starting Aggression Sports Subsidiary.

Publication: Business Wire
Publication Date: 30-JUN-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NIWOT, Colo. -- Arete Industries, Inc. (OTCBB:ARET) announced today its intent to restructure its management team and the Company's focus. The Board of Directors met on June 29, 2005, and determined to focus all efforts on the development of the business plan and growth of two of its subsidiary companies: Aggression Sports, Inc. dba Arete Outdoors ("AO") and Colorado Oil and Gas, Inc. ("COG").

Thomas P. Raabe, CEO, President and a Director of Arete, is CEO, President and a Director of AO. AO has been inactive since the end of 2001. Mr. Raabe has been working on a strategy to develop a new business model for AO beginning with designing,...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Scottish Renewable Energy Companies Provide Leading Examples of New Te..., July 01, 2005
Continental Airlines Selects Eaton's Hydraulic Power Generation Servic..., July 01, 2005
Raindance Communications Appoints New Chairperson to the Board of Dire..., July 01, 2005
Alamo Group Inc. Declares Regular Quarterly Dividend., July 01, 2005
Suncor Breaks Ground on $97 Million Fuel Ethanol Plant in Ontario, an ..., July 01, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.