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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 subject7/9/2001 8:01:15 AM
From: James Lee Baldwin   of 202
 
AmeriResource Technologies, Inc. and Prime Enterprises 2001, LLC Purchase 'The Golden Steer Restaurant' in Las Vegas, Nevada
LAS VEGAS, Jun 20, 2001 /PRNewswire via COMTEX/ -- Delmar A. Janovec, Chairman and CEO of AmeriResource Technologies, Inc. ("ARET") today announced that the company has become one of the new partners in "David Slay's Golden Steer Restaurant." Mr. Slay, who is head of the Restaurant/Hospitality Division of AmeriResource Technologies, Inc., has formed Prime Enterprises 2001, LLC, the company has taken ownership of the Las Vegas restaurant, a city landmark since 1959. The restaurant is now open for dinner and private parties daily and weekends.

Slay commented, "We are proud and excited to revivify 'The Golden Steer,' which once catered to luminaries such as Elvis Presley, Frank Sinatra, and Dean Martin. Now, we will welcome a new generation of celebrities, several of whom I have served in my restaurants and catered their private events, including Tom Cruise, Paula Abdul, Michael Douglas and Nicole Kidman".

Mr. Janovec stated, "Many of the nation's finest chefs have venues in the growing Las Vegas restaurant scene. Now, with the arrival of David Slay in this market, ARET has established a presence in Las Vegas, one that is a portent of our plans for future expansion in the restaurant and hospitality industry."

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 variety of factors, products and/or services and other risks detailed form 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.

L.G. Zangani, LLC provides financial public relations service to the Company. As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of money, capital stock in the Company, warrants or options to purchase capital in the Company.

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