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

To: Bob B. who wrote (1028)	7/28/1998 11:46:00 PM
From: eric siegel	Read Replies (1) \| Respond to of 7609

To the thread.Just a quick observation.With the increased activity on the thread would those who post a one sentence post please end it with <eom> end of message.I'm glad we are generating some interest as I'm long but can't keep up with all the posts.Thanks a lot. Eric

To: Bob B. who wrote (1028)	7/29/1998 12:03:00 AM
From: Mr. Jens Tingleff	Read Replies (2) \| Respond to of 7609

RE. ARET - TOMAHAWK - Delmar Janovec. The explanation: ARET(49%) and Delmar(51%) owns Tomahawk Construction (TC) 100%. TC has the so called "Minority status" - Delmar took over 51% in order to maintain that status. (as far as I can see it was done via a stock swap Delmar gave some appx.60M ARET to TC and got 51% of TC's - The deal that left him with only 15% of ARET (there were no lowering of outstanding ARET) - This has later been raised to appx.35% via ARET issuing 80mio and acquiring FAMC which was owned 85% by Delmar) Minority status is a huge business advantage for a company like ours. BIG construction companies doing projects must include minority status companies in minimum 10% of the project. ARET-Tomahawk have joint-venture agreements (Dunn industries for Flour Daniel bids and Barrick for casinos) giving that Tomahawk will be included in some of their projects. This also goes for maintenance contracts. Kr Jens