AmeriResource Technologies (ARET) Message Board

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Microcap & Penny Stocks : AmeriResource Technologies (ARET)

ARET 0.0001000

0.0%

Jan 16 9:30 AM EST

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To: Chris K. who wrote (6483)	5/5/1999 1:20:00 PM
From: Bird	Read Replies (2) of 7609

I've done some investigation into all the big #'s being bantered about, and the way I see it, even if the "website" gets all 130 million in loans processed, the contribution is only going to be less than .002 to the bottom line. We need to get Tomahawk Construction on it's feet and building houses! I'd like to see a P/R regarding this, since that is where the real money would come from. Bird >ARET/FAMC will be able to make somewhere around 2-3% turnover on the >processing of those 130MM$ loans. And a net profit on those 3.25MM of >around 25% = 812K$. No tax on the first 10MM earned - So there is basis for >quite some 130MM loan processing years. >490MM shares outstanding = EPS 0.00166

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