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Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.0001000-66.7%Nov 5 1:03 PM EST

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To: BIG EYE who wrote (7261)7/11/1999 11:43:00 AM
From: Mr. Jens Tingleff  Read Replies (1) of 7609
 
BIG EYE, RE: Increasing the authorized.

IMO ARET can do this without even hearing the shareholders - (Delaware incorporated rules) - Therefore it should be seen as a wish from ARET to hear the shareholders opinion. At the same time it is a signal, now where the outstanding is very close to authorized, that ARET does listen to the shareholders and that ARET does prefer to raise authorized rather than doing a reverse split.

In my personal opinion, I believe that a reverse can be as god as issuing more. I do know that most are not sharing that opinion.
Anyway something must happen so that the building of the new ARET can continue, and I am very pleased that the subject is laid out to the shareholders in this way.

Kr
Jens
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