Company:  ARROW RESOURCES DEVELOPME ... (ARWD)
Form Type:  10-Q
Filing Date:  5/20/2009 
CIK:  0000795255 
Address:  152 WEST 57TH STREET
27TH FLOOR 
City, State, Zip:  NEW YORK, New York 10019 
Telephone:  (212) 262-2300 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$0.02   		Change: 
0.006 (32.78%)  
Trade Time: 
May 17   		Market Cap: 
$18.42M
Description of Business
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  FORM 10-Q
    PART I - FINANCIAL INFORMATION
    PART II - OTHER INFORMATION
      Item 1. Legal Proceedings ...
      Item 1A. Risk Factors ...
      Item 2. Unregistered Sales of Equity Securities and Use ...
      Item 3. Defaults Upon Senior Securities ...
      Item 4. Submission of Matters to a Vote of Security ...
      Item 5. Other Information ...
      Item 6. Exhibits ...
    Signatures ...
    PART I
      Item 1. Financial Statements
        BALANCE SHEET
        INCOME STATEMENT
        STOCKHOLDERS EQUITY
        STOCKHOLDERS EQUITY
        CASH FLOW
        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
          NOTE 12 - SUBSEQUENT EVENTS
      Item 2. Management's Discussion and Analysis of ...
      Item 3. Quantitative and Qualitative Disclosures About ...
      Item 4. Controls and Procedures
    Exhibit Index
  EXHIBIT 31.1
    CERTIFICATION
  EXHIBIT 31.2
    CERTIFICATION
  EXHIBIT 32.1
    CERTIFICATION PURSUANT TO
  EXHIBIT 32.2
    CERTIFICATION PURSUANT TO
BROKERAGE PARTNERS
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