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Microcap & Penny Stocks : ARET Infostore
ARET 0.000300+200.0%Mar 7 3:00 PM EST

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To: Mr. Jens Tingleff who started this subject7/19/2000 5:44:47 PM
From: James E Lynch  Read Replies (1) of 202
 
(BSNS WIRE) ARET Assigns Contract To Purchase Mesquite Star Hotel and Casin
ARET Assigns Contract To Purchase Mesquite Star Hotel and Casino To West Texas
Real Estate & Resources, Inc.


Business Editors

LAS VEGAS--(BUSINESS WIRE)--July 19, 2000--OTC Bulletin Board
Symbol: ARET.OB

Delmar A. Janovec, Chairman and CEO of AmeriResource Technologies,
Inc. (ARET) announced today that ARET has assigned its March 30, 2000
real estate purchase agreement to acquire the Mesquite Star Hotel and
Casino to its newly acquired subsidiary West Texas Real Estate and
Resources, Inc.
Mr. Janovec further stated, "Thru the combined efforts of ARET and
Michael J. Signorelli, NevStar's Chairman and CEO, we believe the
financing package for Mesquite Star Hotel and Casino will be in place
within 90 days."

Statements in this press release, include forward-looking
statements that include risk and uncertainties. The forward-looking
statements in this press release are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially due to a variety of factors,
products and/or services and other risks detailed from time to time in
the Company's ability to produce and market certain products and/or
services and other risks detailed from time to time in the Company's
reports filed with the Securities and Exchange Commission.

--30--hkz/cgo*

CONTACT: AmeriResource Technologies, Inc.
Delmar A. Janovec, 702/579-3347
Fax: 702/579-3350
aretemail@yahoo.com

KEYWORD: NEVADA
INDUSTRY KEYWORD: ENTERTAINMENT GAMING REAL ESTATE

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