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

NEW YORK, May 1, 2013 /PRNewswire/ -- (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. Pacific Time / 5: 00 p.m. Eastern Time to further clarify this press release.

The live call will include a moderated Q&A, after the prepared remarks. The dial-in telephone number for the live audio is as follows:

North America: 1.605.475.6700 Access Code 728728#

Kathleen Roberton, CEO, The Automotive Resource Network Holdings Inc., states: "Issuing the Anti-Dilutive Convertible Preferred "H" Securities is an important necessity in protecting the fiscal interests of our common shareholders, particularly since reverse splits and debt conversions completely destroyed shareholder value.  The issuances of these securities are meant to act as 'PUTS' against any future reverse splits or any downside side pressure from market forces. These are hybrid securities that are designed to protect investors and investments from dilution, while ensuring that the Company does not carry debt on its balance sheet. These securities that will be issued to our common shareholders will form the nucleus of a registration statement that we will be filing with the SEC. We will commence with the issuance of these securities by having the common shareholders contact us, no later than May 20, 2013 after which, our designate corporate secretary will know where to make delivery of the aforementioned securities for each of the stockholders. We will ask that our current common stockholders provide detail proof(s) of the amount of shares held on deposits and their cash value on deposits with their broker dealer.

Please provide an Email response to: ([email protected] ) in order to issue the appropriate amount of convertible preferred stock as a function of the equity invested by each stockholder."

Kathleen Roberton, further states, "We are extremely pleased to have the ability to protect our investors by issuing these preferred securities to them. The ability to register this stock at a higher quoted price ensures that all of our investors are protected from market forces and conditions. One preferred share will convert into 100,000 common at $2.50 per share, once the security is registered with the SEC. The security will be quoted at $2.50 per share to reflect the equity that is being moved into the company through forward acquisitions of profitable enterprises. These opportunities will be audited to US GAAP standards and will allow us to consolidate condensed financial statements that will show the value that we are building for the stockholders. This opportunity, however, will only be available to investors who currently hold verified, recorded positions with ARNH as of May 20, 2013. Additionally, we will be assisting all shareholders in converting the preferred shares to common when we do register those securities with the SEC.

About The Automotive Resource Network Holdings Inc.:

The Automotive Resource Network Holdings, Inc. is newly emerging as a holding company targeting the acquisition of undervalued, niche companies with high growth potential, income-producing commercial real estate properties and high return investments all designed to pay a dividend to our shareholders.

FORWARD-LOOKING STATEMENT

ARNH cautions that statements made in this press release constitute forward-looking statements, and not guarantees of future performance, and actual results or developments may differ materially from projections in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time the statements are made.

Contact: 

Kathleen Roberton 
tel:(212)-634-7470

SOURCE The Automotive Resource Network Holdings, Inc.