AmeriResource Technologies (ARET) Message Board

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Microcap & Penny Stocks : AmeriResource Technologies (ARET)

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Nov 5 1:03 PM EST

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To: Roger Bodine who wrote (2967)	9/27/1998 5:30:00 AM
From: Mr. Jens Tingleff	Read Replies (1) of 7609

More thoughts. I do think we would have had news if any of the other projects were started, or if the funding for the hydrophonic projects were in place. Looking for other possible income right now - The Manitoba pilot housing projects, there are two, and the resort there - The deals are done but as we have heard nothing I expect that they are stalled on funding as well. The above just emphasizes how important FAMC is for the group ARET. Someone mentioned interest rates. As I see it the interest rate have no impact on FAMC revenue or earnings - FAMC processes the loan, they do not provide it - The revenue comes from the administration fees. I have tried to calculate it seems to be appx 2.5K$ per 100K$ loan processed. I tried it in one of the "cheap" mortgage companies calculator on the internet. It also fits the expected revenue stated by ARET 750K$ for the first 30MM$ processed. Kr Jens

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