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


To: Elio Madama who wrote (7474)2/23/2000 9:34:00 AM
From: WEBNATURAL  Read Replies (1) | Respond to of 7609
 
Looking like a good buying opportunity again today.

$.11- .1130 to start...



To: Elio Madama who wrote (7474)2/23/2000 1:00:00 PM
From: Elio Madama  Read Replies (1) | Respond to of 7609
 
And one more interesting post from RB.



< Previous Respond Next >

By: InvestorX
Reply To: None Wednesday, 23 Feb 2000 at 11:56 AM EST
Post # of 98121


***News***

The outlook for ARET is extremely positive. Yesterday, I spent an hour on the phone with investor relations. Jay Dello. He discussed the following:

1. That there is nothing specific to announce other than everything is going well with the mergers.

2. That the press release calling Krapf a subsidiary of Ameriresources was perhaps premature.

3. The fact that there is no news is actually good news. Until final agreements are actually signed there can be nothing else to report. Delmar doesn't want to issue a press release stating everything is going as planned. The upcoming releases will discuss deals actually complete.

4. Each deal with individual companies is a separate deal and can closed on different dates. For example the Krapf deal is different from the others.

5. ARET was probably overly optimistic about how quickly they could complete these complex deals. Since they are dealing with private companies they must make certain that their books meet standards for being a public company.

6. That there is a built in incentive for the target companies, Krapf etc, to complete these deals quickly in order for them to gain financing for new projects. High building season is approaching.

7. The central location of new offices will allow the nationwide growth for Ameriresources.

8. The daytraders who are moving so much stock now for fractions of a penny, will probably not be big winners since they will be gone once the price edges up as the deals near completion.

Many other subjects were discussed but the overall impression was that these deals were close to closure and the structure of these acquisitions will greatly add to shareholder value. I asked as many questions as I could think of, and all the answers left a VERY positive outlook.

Mr. Dello can be reached at: 847-490-8445

I would recommend speaking with him. Remember that he can't discuss specific details that have not yet been released.