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

To: Richard Mazzarella who wrote (1187)	8/4/1998 12:32:00 AM
From: Ken W	Read Replies (2) \| Respond to of 7609

Richard, I asked about the floorless just after the last 8k was filed issuing 80 million new shares. Even mentioned the inventor of the term "Floorless" as Zev Head. Not many here were, or are familiar with the floorless term. I agree with you that the stock certainly trades like a floorless. I don't think naked shorts are the problem here as it would not be worth it due to the small spread. If ARET wakes up and gets rid of the floorless funding (if there) and finds a liget funding facility actually builds some houses and shows some earnings, then we may have something here. Until then, the traders will rape it for every 1/64th that they can get on the 1 to 3 million shares traded each day. Jens...examples of floorless stocks= KAFE, ADGI are two that I can think of off hand. Nice traders, but horrible investments. Ken W

To: Richard Mazzarella who wrote (1187)	8/4/1998 2:29:00 AM
From: Gobe	Respond to of 7609

Richard, thanks for the insight. That's just what I needed to run my blood pressure up a point or two. I read a post some time back on an unrelated thread that related floorless conversion to reverse-splits as an occasionally used tactic to screw investors. Any idea how this stunt would be executed and why? Thanks. Gobe

To: Richard Mazzarella who wrote (1187)	8/4/1998 5:03:00 AM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 7609

Got it thanks, any ideas of how to obtain the information. ? Will it be possible to extract from the soon due 10QSB. Kr Jens

To: Richard Mazzarella who wrote (1187)	8/4/1998 7:59:00 PM
From: Jim B	Respond to of 7609

not sure if any do exist or not.. been told there aren't.. but you know how that goes.. meanwhile, I still hold my shares and have watched the stock actually dip from 3cents back to below where I first bought in at... but I"m still holding.. the ride up was too quick... unlikely that I would have gotten a good fill should I have sold it all.. I'm just disappointed to see the volume dry up and that the run and the interest didn't last even slightly close to the runup several weeks ago. jim