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


To: Chris K. who wrote (7342)8/6/1999 10:41:00 AM
From: Bird  Read Replies (1) | Respond to of 7609
 
>FAMC has begun
>plans to open satellite offices in Phoenix, Arizona, Seattle, Washington and
>Southern California in order to take advantage of the expanding demand for
>both on and off reservation Native American housing.


Why are they planning to expand store front operations when
the loan origination web-site was supposed to handle applications
through existing reservation and home P.C.'s?
Also, all this hype about the dollars of loans available betrays
the fact that FAMC/ARET receives only something like .0003 on the
dollar loan origination fee. Real money would be made if ARET could
get construction contracts on some of those loans to convert to
revenue what is now going to other operational construction firms.

AmeriBird