Arete Industries, Inc. has embarked on a business focusing on acquiring interests in traditional oil and gas ventures, as well as development of alternative and renewable energy projects. In the oil and gas field, the Company is looking for conservation oriented projects that offer high profit, low risk projects, including overlooked and by-passed reserves of natural gas, which will include shut-in and in-field development, stripper wells, re-completion and re-working projects. Its subsidiaries were Global Direct Marketing, Inc. (Global), which was in the business of printing advertising materials and coupons and mailing them for its customers and Aggression Sports, Inc. (Aggression Sports), an outdoors sports products company.