Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?

To: BIG EYE who wrote (7261)	7/10/1999 9:19:00 AM
From: OLD JAKE JUSTUS	Respond to of 7609

In reference to the August 30, 1999 shareholder's meeting to vote, among other business, on authorizing 1,000,000,000 ARET shares vrs the 500,000,000 authorized at the present. You wrote>>>Could/should the stockholders prevent this?<<< While I am far from being an expert on matters like this, my answer is ABSOLUTELY NOT! VOTE YES for that proposal. There are reasons for saying this. The main reason is it will give the new management leverage to move this company forward. That's how I see it. This does not mean that there will be a billion shares in the public float. Nay, far from it. But, at the present time I can not give you an exact figure, because no one knows. Only the future will tell.

To: BIG EYE who wrote (7261)	7/10/1999 10:06:00 AM
From: OLD JAKE JUSTUS	Read Replies (2) \| Respond to of 7609

From the Raging Bull. Someone else feels the same way that I do about allowing the 1,000,000,000 authorization of ARET shares: >>> Saturday, 10 Jul 1999 at 9:37 AM EDT Post # of 34873 AWESOME NEWS! VOTE YES FOR THE ADDITIONAL 500 MILLION SHARES WHICH ARET WILL BE USING TO BUY OTHER MORTGAGE AND CONSTRUCTION COMPANIES MAXIMIZING REVENUES. PABN HAS 1.75 BILLION SHARES AND WENT TO 22 C ENTS WITH-OUT FINANCIALS. THIS IS A NO BRAINER, SPORTS FANS! GET IN EARLY!! (Voluntary Disclosure: ST Rating- Strong Buy)<<<

To: BIG EYE who wrote (7261)	7/11/1999 11:43:00 AM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 7609

BIG EYE, RE: Increasing the authorized. IMO ARET can do this without even hearing the shareholders - (Delaware incorporated rules) - Therefore it should be seen as a wish from ARET to hear the shareholders opinion. At the same time it is a signal, now where the outstanding is very close to authorized, that ARET does listen to the shareholders and that ARET does prefer to raise authorized rather than doing a reverse split. In my personal opinion, I believe that a reverse can be as god as issuing more. I do know that most are not sharing that opinion. Anyway something must happen so that the building of the new ARET can continue, and I am very pleased that the subject is laid out to the shareholders in this way. Kr Jens