AmeriResource Technologies (ARET) Message Board

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Microcap & Penny Stocks : AmeriResource Technologies (ARET)

ARET 0.0001000

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Nov 7 9:30 AM EST

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To: tonto who wrote (7188)	6/17/1999 8:55:00 AM
From: Bird	of 7609

tonto said: >, what ARET did was create another company on paper. It is no different than >Tomahawk at this point except that it does not have the liabilities Tomahawk >has. This would be the case only if the new entity is not under ARET's financial/fiduciary purview. And if that is the case, then this new entity has no benefit or detriment to present ARET shareholders. But again, we need to see the papers of incorporation to know for sure. The wording of yesterday's P/R didn't define ARET/TCC/FPC % affiliation. Again, if FPC is of the same contributing ilk of TCC, then why was it brought into existence? A new subsidiary under the parent does not relieve liability IMO. It will be interesting what Delmar has to say. > AmeriResource Technologies, Inc. ARET , announced this morning that the >company has organized and incorporated "First Plains Construction >Corporation" for the primary purpose of producing residential housing for both on >and off reservations Native American home buyers. BirdResource

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