AmeriResource Technologies (ARET) Message Board

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Microcap & Penny Stocks : AmeriResource Technologies (ARET)

ARET 0.0001000

-66.7%

1:03 PM EST

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To: P.S.N. who wrote (7514)	3/19/2000 8:45:00 AM
From: James Lee Baldwin	Read Replies (1) of 7609

Here is something that caught my eye. I keep wondering where ARET is getting money for all of these acquisitions. Delmar has been supporting it for years out of his own pocket. Re-read the latest news. The Rallo family already owns the business. Charles (along with Delmar) is trying to buy all the outstanding common shares (not restricted or held shares). It sounds like Charles is already on board with ARET and is trying to pull CMR along with him. ...Delmar Janovec, Chairman and CEO of AmeriResource Technologies, Inc. (ARET) and Charles N. Rallo, Chairman of CMR Construction Company, Inc. (CMR) (www.cmrconstruction.com) with their primary offices being located in St. Louis, Missouri, jointly announced today that they have entered into a Preliminary Purchase Agreement to purchase all the outstanding common stock of CMR

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