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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: DAVE WALL who wrote (2221)9/10/1998 4:57:00 PM
From: myturn  Read Replies (2) of 7609
 
Ok boys and girls, it is good to see we closed on an uptick.

Can anyone fill me in on how the trading went after the 4 million mark?

I called the company and they don't know who is selling the large blocks. I see going back through the thread this has been an issue for quite sometime.

I also have to address an old post of mine because I don't like to mislead anyone.

The following post states that Barry Denslow had told me that ARET had already began the buy back and they would be filing something with the SEC in reference to the buy back.

All of that is incorrect is what Barry told me today. ARET is not required to file anything with the SEC in reference to a Buy Back of shares.

Barry also said he doesn't know how the buy back is being handled and doesn't know if any shares have been bought back as of yet.

I apologize to all and am sorry if any of you have beeen mislead by my interpetation.

To: thomas alta (2046 )
From: Reason 3227
Thursday, Sep 3 1998 2:24PM ET
Reply # of 2221

Hey boys and girls, I just got off the phone with Barry Denslow at ARET. They have already began to purchase
the shares in the open market. He also said, all of the shares not only have been purchased in the open market;
but you will see a filing with the SEC within 10 days of how many shares they did purcahse. At the time of the
filing, you will be seeing an additional PR on the filing.

The financing of the purchasing of the shares has come from a private investor. So, that is where the money has
come from.

He also said there is only 70-80 shares in the float. The rest are held by friendly hands.

We are good to go folks.

This is the most positive and greatest thing that has happen to ARET in recent months since in the inception of
their turn around.

I am in and waiting for additional news.

Other wise, I still like what is occuring with ARET and I still believe it is extremely undervalued.
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