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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: dusty who wrote (5094)1/11/1999 12:40:00 PM
From: John D  Read Replies (2) of 7609
 
To all: just spoke with ARET office, could not get through to Delmar, he was in a meeting with someone, so due to lack of time to call again, asked questions anyway. On the subject of a reverse split, that is not even being considered at this time, not even being talked about. On the more crucial (in my opinion) matter of Cottonwood, the acquisition never went though. Cottonwood is not a subsidiary of ARET at this time, that is why it has not show up on the quarterly statements. That was the end of the story, no elaboration. I would guess any more elaborate details will have to come from Delmar himself. I must admit I was hoping the Cottonwood revenues from the NuOasis venture would flow into ARET's coffers, but that is not to be the case. If time allows, I may try to talk to Delmar today. John
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