<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>2
<FILENAME>arete10ksbaex21_6142006.txt
<TEXT>
                                   EXHIBIT 21
                                       TO
                                  ANNUAL REPORT
                                       ON
                                   FORM 10-KSB/A
                       FISCAL YEAR ENDED DECEMBER 31, 2005


                         Subsidiaries of the Registrant
                         ------------------------------


     Aggression Sports, Inc.       Colorado Corporation  org. 1998 (Inactive)

     Avatar Technology
     Group, Inc.                   Colorado Corporation  org. 2004
</TEXT>
</DOCUMENT>