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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: Fred C. Dobbs who wrote (6527)5/11/1999 2:27:00 PM
From: James Lee Baldwin  Read Replies (2) of 7609
 
Post from RB: I want you all to know that I just spoke with Dustan Shepard. Quite frankly, I was surprised that he even spoke with me. He advised that he speaks with stockholders quite regularly about the company. Very impressive. , and here I thought you all were liars.

Dustan was very engaging and forthcoming with information, which seems quite odd in today's business world. He was polite and spoke to me way longer than I deserved. For that I am grateful.

I won't get into too many details since I think I would do him a disservice, and I fear that my statements, which would be hearsay, would be inaccurate. The short of it is that he sounds very upbeat about the company, but not in a conniving manner. It sounds like there will be some great progress in the near future with FAMC, and Tomahawk could be right behind if some doors would just swing open for it.

I got the impression that the company is focused more on the mid-west right now and aims to expand later into other areas. Most interesting about our conversation is what I would characterize as a juicy tid-bit. That is that the mortgage program will not just focus on Native Americans and the tribes, but rather make itself available to all. I think that is a definite plus since you expand your business base exponentially. Also, I did not quite understand how it worked, but it appears there is a revolutionary approach to the lending going on with using the tribes as loan officers and other tribe involvement on the secondary mortgage front. Oh, also, it is now my understanding that FAMC has had great success with its mortgages and with little foreclosure percentages.

Well, folks just some bits of info from my conversation with Dustan. Again, I was shocked he took my call, and he gave me every reason to be encouraged. He sounds like a nice man with the future in mind. He also demonstrate, whether he knew I was probing or not, a great deal of knowledge on HUD work and the mortgage business.

Personally, I like what I've learned, and I hope that there will be great things for ARET and FAMC, even if it means our stock doesn't budge too much. The company really has a plan and a worthy cause in its focus.

Go Aret, Go!!!!
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