PRESPLIT: 

"Insider transaction to date (May 05, 2007):
All the below info is readily available at www.sedi.ca. Run the report back to Jan 1, 2003 as most of the key player's have not sold a single share.
I've combined all options, warrants and common shares to represent a total position for each.

Keith Barron - No Sales - 3,830,000share position
Patrick Anderson -No Sales - 980,000share position
Pasquale DiCapo - No Sales - 840,000share position
John Pollock -No Sales - 820,000share position
Sheldon Inwentash -No Sales - 675,000share position
John Obradovich - (sold 6,267shs) - has 677,000shares left
William Fisher - (sold 25k between $21-$31) has 260,000shs left
David Lewis - (sold 30k between $21-$31) has 222,000shs left
Joseph Hamilton - (sold 15K at $30) has 185,000shs left
Andre Gaumond -No sales - 112,000share position
Jon Rubenstein - No Sales - 100,000share position
Tim Warman - (sold 33k $30-$32.50) - has 67,000shares left

ARU has 35 million shares fully diluted

Insiders hold 8,768,000 shares

Total Insider sales 109,267 shares"

So assuming these numbers were correct at the time....management has approx 25% of the outstanding shares. You were closer at 33% than I was at 15% so I stand corrected. Thanks

safeharbour