The Automotive Resource Network
Holdings, Inc. CEO, Kathleen Roberton is pleased to announce that ARNH is
making significant progress in adding value to its balance sheet. ARNH is in
the final stages of negotiations to acquire several profitable enterprises as
wholly owned subsidiaries, for Convertible Preferred Stock. Much more
information will be forthcoming on these companies as ARNH moves to closure on
each of these agreements.



This
approach of acquiring many different companies and/or buying debt or equity
securities in different issuers is consistent with the New Direction of ARNH. The
goal is to become a 1940 Investment Act Company, or appropriately be defined as
a Business Development Corporation. This is by far the best move in order to
insure that  each individual that has
made a financial investment  to date,
either in common shares or preferred shares has the best opportunity going
forward.  ARNH is hosting an important  conference call today on Monday, May 6,
2013 at 2:00 p.m. Pacific Time / 5: 00 p.m. Eastern Time to
further clarify how we intend to protect common shareholders in this new and
dynamic direction for ARNH.



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: “The New
Direction of ARNH will make us leaner and meaner. We understand that part of
building shareholder value, is committing to enhance shareholder equity. We
intend to enhance not only our balance sheet, by aggressively pursuing
profitable enterprises, through forward acquisitions or asset purchase
agreements, but we also plan on being proactive with our disclosure
requirements and our obligation to answer shareholder inquiries. A top priority
for ARNH will be to host more frequent shareholder conference calls to appraise
and clarify the progress being made with our stockholders. We have been
derelict in those duties in the past, and understand that in order to repair
shareholder confidence, we must have a constant informative dialogue with our
shareholder base. We have also committed not to file for a Reverse Split with
FINRA, until we can justify that the price would warrant the reverse as it mirrors
the value of the audited consolidated financial statements. Any future RS, a
subject of dialogue, will be selected to provide our newly found shareholders
of record (many being our past common shareholders who have suffered loss) the
opportunity to be part of a registration statement with the SEC. Additionally,
the pivotal part to becoming a BDC, which for us is the right move to make for
the following reasons: a BDC holds the Officers & Directors to a higher
standard, increases the size of the board, while positioning our enterprise as
a dividend and equity opportunity. Our goal is to pay our Convertible Preferred
Stockholders cumulative dividends on a quarterly basis, so as to eliminate the
threat of repetitive dilution under the New Direction.



Kathleen
Roberton further states, “Management has removed almost $500,000 of affiliated
debt from the balance sheet and over $100,000 in non-affiliate debt.
Previously, our note holders converted their debt in order to receive payment;
moving forward this will not be permitted outside a registration statement. We
now have increasing equity and negligible debt on the balance sheet. In order
to become a BDC it is a prerequisite to have our debt to equity ratio below
50%, which we now meet. In addition, we have already made some acquisitions,
and will be making more focusing on a much diversified portfolio, another requirement
of a BDC.  Our objective moving forward
will be to acquire existing profitable private companies, through convertible
preferred instruments and pay dividends to the shareholders. We have the contacts
to add and book the value, and we now have the expertise to parlay that value
into shareholder equity.”



We
look forward to any further inquiries from our stockholders. For more
information, please send your questions to ARNH.corporate.services@gmail.com if you
cannot participate on today's conference call.



 



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.