To give you guys an idea... the actualy bolts go into the 52T chainring. There are no arms that come out. I'll post a pic in a second.

To be perfectly honest... i wasn't trying to do anything with it. I was gonna throw it up in a trade post to see if I could get anything useful. I'm gonna use the smaller ring (40T) and took this one off for weight and it gives me a little more chain clearance (should I need it when I put my chain on) and since the "guard" is still there it works as a guard.