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Aurum Resource and Asset Management Inc (ARMI)

Aurum Resource and Asset Management Inc (ARMI)
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Cal Alta Auto Glass, Inc., formerly International Sports Marketing Group, Inc., was incorporated October 14, 1999. It had been incorporated to originally market a specialized piece of sporting equipment named the 'sports stick'. Cal Alta Auto Glass, Ltd., of Canada was incorporated under the laws of Alberta, Canada B.C., to operate businesses in the auto glass industry. On December 30, 2008, the Company acquired all the shares of Energy One Resource Services, Inc., an Alberta, corporation, by which it newly issued 14,839,000 shares of common stock to the Energy One shareholders in exchange for all outstanding shares of Energy One. Through this transaction, the Company acquired an oilfield services company as its wholly owned subsidiary. In conjunction with the share purchase of Energy One the Company divested of is auto glass operations. The Company uses yellow page advertising to attract customers. The Company intends to acquire and operate oilfield service companies. Currently, through its subsidiary, 1102217 Alberta Ltd., the Company provides hospitality services to companies in the oil and gas industry with complete, customized, turnkey operations for camp and catering services. This service includes camp rental and leasing and, once a camp is operating, related services and maintenance. The Company plans to increase market share by acquiring other operators and/or increasing the number of camps it owns and operates through capital investment. The Company strives to establish and maintain market positions within its core operating area of oilfield hospitality. In Northern Alberta, Canada, the main location where the company operates its oilfield services operations there is competition. There are approximately 28 competitors in the same market. The principle methods of competition in the Northern Alberta oilfield services stems from availability of services.
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