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: WineOh who wrote (4886)	12/23/1998 11:59:00 AM
From: James Lee Baldwin	Read Replies (1) of 7609

Jens meant this past posting (see below). Points being: 1. The 10Q did not show the revenue 2. Outstanding common at 380+ million, not 286 million (were these extra shares used in stock swaps or for payment to employees?). However, I still look forward to February. For those with mortgages backgrounds, what would 300 loans represent in income to FAMC. And what would 100 homes to build represent to Tomamhawk in income? If some does speak with Dustin in the near future, ask about casino and hydroponics opportunities (or are these dead avenues?). From November 20: To All: Today Friday at 10 AM I spoke to Dustin for 15 minutes. The call was very positive. Quoting Dustin as best as I can: "We have 100 loans in the pipeline." "AS of today we have closed 5-10 of them." "We expect to close another 35-40 in the next 30 days." "The 10-q will show revenue." "In June there were 216 million shares outstanding, but the number has grown by 70 million to 286 million." "I have no intention to reverse split the stock." "I have 25 million restricted shares myself." "Of the loans we make, we will be the builder on some of them, others are refis, or they have other builders." I hope this is of value to you all. I love it. WineOh

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