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

To: kennbill who wrote (271)6/23/1998 4:48:00 PM
From: steve walsh  Read Replies (1) | Respond to of 7609
 
NEWS Bloomberg: !! How'd we miss this????

"ARET announced today that its subsidiary Tomahawk has been notified by Fomerrey, the Public Housing Agency for Neuve Leon, Mexico, that they are reviewing there ability to provide 10,000 residential lots to Tomahawk to be used in the development of new affordable homes in the Monterrey area. The Mexican Government and Fomerrey, the Public Housing Authority, are reviewing the regulations currently in place regarding Title Insurance and Home Mortgage Insurance in an effort to modify them to more closely resemble those used in the US. The new regulations will enhance the ability of mortgage companies based in the US to make home loans in Mexico. The housing design will utilize affordable state of the art building products that will reduce construction time and reduce utility consumption.............."
Contact:
Dick White, Barry Denslow
913-859-9292



To: kennbill who wrote (271)6/23/1998 4:49:00 PM
From: Cannon  Respond to of 7609
 
I think you hit that one right on the head! With all this company has going for it, I expect it will be a biggee sometime down the road.
Don't expect to see any daytraders here, at least unless and until some huge announcement was to come along.
The basics are all in place....perfect for my retirement portfolio.
Cheers, Randy


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