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Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.00010000.0%Nov 5 1:03 PM EST

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To: Richard Mazzarella who wrote (1192)8/4/1998 7:36:00 AM
From: Mr. Jens Tingleff  Read Replies (1) of 7609
 
Well I do think we have reasonable explanation for the trading at least until last Friday. Why we had no tick up at the last trades yesterday may have many other explanations.

I know that Delmar were burned +2 years ago with some funding - I do think he is very cautious on such matters now. The Phantom may be able to shed some light here!.

I reckon it would be normal with a percentage charge in such funding as described - I discussed it with another investor here - we just call it open stock loan, as it is as roofless as floorless.

I don't see why ARET should be in such last resort situation - It has with little promotion been possible to have a small network of long investors soak up the unload from one MM. So IMO it would also have been possible to obtain funding by direct trade of issued shares. I think funding would be possible from a wide variation of investors giving Aret's network.

When calculating on outstanding and float and the TCC deal with Delmar, it looks to me that ARET for the time being own shares of their own. This is speculation - 10Q will disclose - at all the development in second quarter will be very interesting to see.

Kr
Jens

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