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Arrow Resources Development, Inc. (ARWD) news stock charts

Arrow Resources Development, Inc. (ARWD/ARWD.OB) Investment Summary:

Arrow Resources Development, Inc. provides marketing and distribution services for natural resource products. It offers marketing, sales, distribution, corporate operations, and corporate finance services for the commercial exploitation of natural resources worldwide. The company also has a marketing and distribution agreement with Arrow Pacific Resources Group Limited to market lumber and related products. Arrow Resources Development, Inc. was incorporated in 2005 and is based in New York, New York.
www.arrowrd.com

ARROW RESOURCES DEVELOPMENT (ARWD:OTC Bulletin Board Market)

LAST $0.03 USD
CHANGE TODAY +0.01 50.00%
VOLUME 2.5K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of ARROW RESOURCES DEVELOPMENT (ARWD)

OPEN
$0.03
PREVIOUS CLOSE
$0.02
DAY HIGH
$0.03
DAY LOW
$0.03
52 WEEK HIGH
07/22/09 - $0.11
52 WEEK LOW
02/16/10 - $0.01
MARKET CAP
20.0M
AVERAGE VOLUME 10 D
11.8K
EPS TTM
$-0.0090
SHARES OUTSTANDING
666.9M
ARWD Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for ARROW RESOURCES DEVELOPMENT (ARWD)

Arrow Resources Development, Inc. Announces Resignation of James Rothenberg as Director

Arrow Resources Development, Inc. announced that effective December 31st, 2009, James Rothenberg has resigned from the company's board of directors.

Arrow Resources Development, Inc. Signs Joint Venture with PT. Sumber Alam Utama

Arrow Resources Development, Inc. through its Indonesian subsidiary, PT Arrow Renewable Energy, has signed a joint venture agreement with PT. Sumber Alam Utama. As previously announced, PT Arrow Renewable Energy, along with SAU has gained approval to generate geothermal energy from the patent pending Single Well Engineered Geothermal System. The initial power plants will be built at the Company's plantation locations in Sulawesi, Indonesia. The companies plan to execute a Power Purchase Agreement with PT. Perusahaan Listrik Negara (PLN), the Indonesian national electricity company for the development of 10,000 MW (approximately 200 plants and 50 MW each) with a purchase price of $0.075 per kilowatt hour and will sell all energy production to PLN for distribution to the local Indonesian market.

Arrow Resources Development, Inc. announced delayed 10-Q filing

On 11/13/2009, Arrow Resources Development, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Arrow Resources Development, Inc. financial resources

otc, otcbb, pinksheet, ARWD, ob Arrow Resources Development, Inc.

ARWD Competitors

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Industry Analysis

Valuation ARWD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 256.5x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 81.2x

ARWD

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ARWD transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent Financial News About Arrow Resources Development, Inc.

Arrow Forms Subsidiaries

Quote: Sumber Alam Utama, has gained approval to generate geothermal energy from the patent pending Single Well Engineered Geothermal System ("SWEGS") and will sell all energy production to PLN for distribution to the local Indonesian market.The initial power plants will be built at the Company's plantation locations in Sulawesi, Indonesian.About Arrow Resources Development, Inc.www.arrowrd.com.Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "fo...
Read article

Arrow to Receive Initial Solar Equipment Delivery

Quote: The equipment purchase agreement calls for Arrow to install and operate solar energy equipment capable of producing a minimum of 500 MW and a maximum of 2,000 MW throughout in Indonesia during the next four years.About Arrow Resources Development, Inc.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 Ex...
Read article

Arrow to Generate Solar Power

Quote: Press ReleaseSource: Arrow Resources DevelopmentOn Tuesday September 8, 2009, 12:50 pm EDTNEW YORK, NY--(Marketwire - 09/08/09) - Arrow Resources Development, Inc. (OTC.BB: - The site for the initial solar power site was chosen to coincide with the site of Arrow Resources Development, Inc. and PT. Tiga Daun Nusantara large scale plantation/farming and ethanol plants in Indonesia. This will be the initial site to showcase the patented technology of the solar power as well as provide the energy fo...
Read article

Arrow Files Third Quarter Report

Quote: Sumber Alam Utama has gained approval to generate geothermal energy from the patent pending Single Well Engineered Geothermal System ("SWEGS") and will sell all energy production to PLN, the Indonesian utility for distribution to the local Indonesian market.The initial power plants will be built at the Company's plantation locations in Sulawesi, Indonesian.About Arrow Resources Development, Inc.www.arrowrd.com.Safe Harbor: Statements regarding financial matters in this press release other than h...
Read article

ARROW RESOURCES DEVELOPMENT INC Files SEC form 8-K, Change in Directors or Principal Officers

Quote: ARROW RESOURCES DEVELOPMENT INCRequest a Trial to NEW EDGAR Online Pro Form 8-K for ARROW RESOURCES DEVELOPMENT INC 11-Jan-2010Change in Directors or Principal OfficersPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any...
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Arrow Receives Authorization Towards Renewable Energy Initiative

Quote: was engaged by SAU to manufacture, provide the technology and engineering expertise to support the construction, operations in distributing equipment to generate and transmitsolar power andenergy for usage and/or sale to its customers.Arrow intends to install and operate solar energy equipment capable of producing a minimum of 50 MW per location and a maximum of 10,000 MW throughout Indonesia.7,100Group, LLC was engaged by SAU to manufacture, provide the technology and engineering expertise to s...
Read article

Arrow Signs Joint Venture

Quote: Perusahaan Listrik Negara (PLN), the Indonesian national electricity company for the development of 10,000 MW (approximately 200 plants and 50 MW each) with a purchase price of $.075 per kilowatt hour and will sell all energy production to PLN for distribution to the local Indonesian market.About Arrow Resources Development, Inc.www.arrowrd.com.Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning...
Read article

Arrow Receives Authorization Towards Renewable Energy Initiative

Quote: was engaged by SAU to manufacture, provide the technology and engineering expertise to support the construction, operations in distributing equipment to generate and transmitsolar power andenergy for usage and/or sale to its customers.Arrow intends to install and operate solar energy equipment capable of producing a minimum of 50 MW per location and a maximum of 10,000 MW throughout Indonesia.7,100Group, LLC was engaged by SAU to manufacture, provide the technology and engineering expertise to s...
Read article

Arrow Signs Joint Venture

Quote: Perusahaan Listrik Negara (PLN), the Indonesian national electricity company for the development of 10,000 MW (approximately 200 plants and 50 MW each) with a purchase price of $.075 per kilowatt hour and will sell all energy production to PLN for distribution to the local Indonesian market.About Arrow Resources Development, Inc.www.arrowrd.com.Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning...
Read article

ARROW RESOURCES DEVELOPMENT INC Files SEC form 10-Q, Quarterly Report

Quote: The company elected to shift its business focus to the worldwide commercial exploitation of natural resources. ARROW RESOURCES DEVELOPMENT, LTD. In August 2005, Arrow entered into an Agreement and Plan of Merger ("the Agreement") with its wholly-owned subsidiary, Arrow Ltd., in which Arrow (formerly CNE) was required to issue 10 million shares of Series AAA convertible preferred stock ("the Preferred Stock") to Arrow Ltd.'s designees, representing 96% of all outstanding equ...
Read article

Arrow to Generate Solar Power

Quote: The site for the initial solar power site was chosen to coincide with the site of Arrow Resources Development, Inc. and PT. Tiga Daun Nusantara large scale plantation/farming and ethanol plants in Indonesia. This will be the initial site to showcase the patented technology of the solar power as well as provide the energy for the Agriculture and later Ethanol project of Arrow and PT. Tiga Daun Nusantara. The remainder of the energy not utilized by PT. Tiga Daun Nusantara will be sold to PT. Perus...
Read article

ARROW RESOURCES DEVELOPMENT INC Files SEC form 10-Q, Quarterly Report

Quote: The company elected to shift its business focus to the worldwide commercial exploitation of natural resources. ARROW RESOURCES DEVELOPMENT, LTD. In August 2005, Arrow entered into an Agreement and Plan of Merger ("the Agreement") with its wholly-owned subsidiary, Arrow Ltd., in which Arrow (formerly CNE) was required to issue 10 million shares of Series AAA convertible preferred stock ("the Preferred Stock") to Arrow Ltd.'s designees, representing 96% of all outstanding equ...
Read article

Arrow to Build Geothermal Power Plants

Quote: Tiga Daun Nusantara, Arrow's joint venture partner, on the initial plantation site.GTherm technology uses proven components developed and tested at the US Department of Energy and by United Technologies Corporation and is cost competitive with conventional fossil fuel electric power generation technologies.The site for the initial geothermal 50 MW plant was chosen to coincide with the site of Arrow Resources Development, Inc. and PT. Tiga Daun Nusantara large scale plantation/farming and ethanol...
Read article

Arrow Forms Subsidiaries

Quote: Sumber Alam Utama, has gained approval to generate geothermal energy from the patent pending Single Well Engineered Geothermal System ("SWEGS") and will sell all energy production to PLN for distribution to the local Indonesian market.The initial power plants will be built at the Company's plantation locations in Sulawesi, Indonesian.About Arrow Resources Development, Inc.www.arrowrd.com.Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "fo...
Read article

Arrow to Receive Initial Solar Equipment Delivery

Quote: The equipment purchase agreement calls for Arrow to install and operate solar energy equipment capable of producing a minimum of 500 MW and a maximum of 2,000 MW throughout in Indonesia during the next four years.About Arrow Resources Development, Inc.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 Ex...
Read article

Arrow Files Third Quarter Report

Quote: Sumber Alam Utama has gained approval to generate geothermal energy from the patent pending Single Well Engineered Geothermal System ("SWEGS") and will sell all energy production to PLN, the Indonesian utility for distribution to the local Indonesian market.The initial power plants will be built at the Company's plantation locations in Sulawesi, Indonesian.About Arrow Resources Development, Inc.www.arrowrd.com.Safe Harbor: Statements regarding financial matters in this press release other than h...
Read article

ARROW RESOURCES DEVELOPMENT INC Files SEC form 10-Q, Quarterly Report

Quote: The company elected to shift its business focus to the worldwide commercial exploitation of natural resources. ARROW RESOURCES DEVELOPMENT, LTD. In August 2005, Arrow entered into an Agreement and Plan of Merger ("the Agreement") with its wholly-owned subsidiary, Arrow Ltd., in which Arrow (formerly CNE) was required to issue 10 million shares of Series AAA convertible preferred stock ("the Preferred Stock") to Arrow Ltd.'s designees, representing 96% of all outstanding equ...
Read article

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