ARET (Formerly KLHE) Message Board

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Microcap & Penny Stocks : ARET (Formerly KLHE)

ARET 0.0001000

0.0%

Nov 5 1:03 PM EST

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To: RCJIII who wrote (4336)	5/26/1998 5:20:00 PM
From: Mr. Jens Tingleff	Read Replies (1) of 4594

RCJIII - The contract - I believe all long investors here are waiting fore is the "Flour-Daniel" deal. - I'm reposting the last news concerning that deal: For Immediate Release April 16, 1998 ARET SUBSIDIARY, TOMAHAWK CONSTRUCTION COMPANY ANNOUNCED TODAY THAT TOMAHAWK CONSTRUCTION AND THEIR JOINT VENTURE PARTNER DUNN INDUSTRIAL GROUP, INC. HAS SUBMITTED A DESIGN/BUILD PACKAGE FOR 5 BUILDING ON A MAJOR PLANT EXPANSION TO FLOUR-DANIEL AmeriResource Technologies, Inc. (OTCBB "ARET") announced today that Tomahawk Construction Co. (TCC) and their Joint Venture Partner, Dunn Industrial Group, Inc. has submitted a design/build package for 5 buildings on a major plant expansion to Fluor-Daniel. The design/build proposal is in the range of $17 and $25 million. AmeriResource Technologies, Inc. is a full service consulting and construction firm based in Lenexa, Kansas specializing in construction management services and economic development both within and outside the Native American Community. There have been a lot of guessing what net impact the deal may have. 40/60 split with Dunn have been mentioned. If ARET then nets 10% its appx 1.7Mio$. equal 1 cent per share. Adding the other deals ongoing could bring EPS estimates to 0.015-0.03 A conservative PE of 5 then equals a shr price of 0.075-0.15. Kind regards Jens

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