To All:
I received a response from Delmar today.
To: George C. Grasser
From: Delmar A. Janovec
Sub: ARET Stock Holder
Date: May 11, 1998
Mr. Grasser
First let me thank you for your interest in AmeriResourse Technologies, Inc.
In your letter dated may 3, 1998 you requested the investor package. You will be happy to know that all the Company filings are available on EDGAR, which is accessible to you and others with the knowledge to access the INTERNET. By using EDGAR the share holders have all the current filings available to them almost as soon as we file them with the SEC. The current filings make up the investors package you have requested.
In your third paragraph, if I understand, you are assuming that when a share of ARET stock is sold the we (the Company) receive the money from that sale. The only time that money from the sale of ARET stock is transferred to ARET is when ARET sells stock that the Company owns. In order for ARET to sell stock it takes a motion approved by the board of directors, as you can see in the current filings this has not happened and has been stated many times by this office "the company is not selling or buying ARET stock." An example, when you purchased your ARET stock, the money you paid went to your broker and then to the investor who sold it to you, not ARET.
ARET has been very diligent in releasing press releases since becoming current with the latest filings. Since April 9, 1998, ARET has released a total of seven (7) press releases. All of the 7 releases were published by either Dow Jones Service, Bloomberg Business News or Reuter America. This happened in the last four weeks. With the recent success the company is experiencing in getting press releases published by the major news agencies, it has become apparent that any additional costs in publishing press releases would not be cost effective at this time. As you are aware, all press releases are available through your broker, if you are not a member of any of the above listed news services.
Again, thank you for your interest in ARET.
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