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: Mr. Jens Tingleff who wrote (4945)	12/30/1998 9:52:00 AM
From: Mr. Jens Tingleff	Read Replies (2) of 7609

One of our friends here had a conversation with Dustan and shipped me the content. The conversation revealed some very important points IMO. 1. Dustan is very much against a reverse if it doesn't at the same time provide value added to the company. This mean that it should be in order to acquire an activity that provides revenue and profit. Let me add as example: Months back there were an idea about acquiring a warehouse and distribution company, which would provide revenue, assets and profit - Dustan would in such case be for the reverse. So would I!! 2. Delmar is communicating much with Flexweight. This could mean that construction-related business is on its way 3. There is no change in the strategy to provide houses with the loans, this is a declared target. 4. The mortgage part of ARET, FAMC, is now 5 employees, so Dustan is now able to continue establishing new products and cooperation contracts. He will be on the road doing so 3-4 days a week from the beginning of the new year. - Loans are processed daily now!! - He is confident that FAMC will process all 25MM now agreed for and more in the year. !!! This is more than what FM processed all last year. 5. First National Bank and Trust Co. of Shawnee, which is involved in the Potawatomi agreement, is a 100% Native owned Bank (to Dustan's knowledge the only one in the states). Dustan have great faith that this cooperation will develop into further good business and cooperation opportunities in the near future. This information which we did not see/understand earlier may very well be significant for ARET/FAMC prospective. As we have talked about on thread before when once a good relationship is developed within the group then the mutual support grows accordingly 6. Dustan expressed some sadness that some are crying liars. He asks us to remember who ARET/FAMC partners in business are, and that it clearly would have been denied by those partners if the agreements were not valid. I can only agree with that. --- Al for now - I'll listen to the tape I received some more times and post further findings/understanding. There are some conversation about the issuing of S8 shares and the Canadian projects I'll have to listen deeper into. My general impression is ARET is still on track!!! Kr Jens

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