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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: Mr. Jens Tingleff who wrote (4029)10/28/1998 11:42:00 PM
From: Mr. Jens Tingleff  Read Replies (5) of 7609
 
There have been 3 false/missleading statements on thread today, which I would like to correct:

1(4012):
Why is the 10Q late in being released ?
False: It is not late, and I expect that (as usual) the NT form will be filed if it gets delayed.

2(4019):
without revenues - incurring more debt every day
False/Missleading!! As it is confirmed that the loan processing have started

3(4025):
The fact that ARET still has not built there first house is also suspect when you consider the 100 million plus in mortgage monies that they supposedly have access to
False/missleading as: a) The construction is not necessarily tied to the mortgage business - b) ARET/FAMC has "only" 30MM available to sign for and it was never stated to be more than that

Kr
Jens
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