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

To: Ken W who wrote (1188)	8/4/1998 1:09:00 AM
From: David Sirk	Read Replies (1) \| Respond to of 7609

Am I missing something, but the fact that this company has a morgage company with the ability to receive government back loans. This is a revenue stream. This is funding. Am I missing something?

To: Ken W who wrote (1188)	8/4/1998 10:12:00 AM
From: TraderGreg	Read Replies (2) \| Respond to of 7609

I looked into the S-8 filing in Edgar, and while I will not make any claim to whethert it is or is not dilutive, it is definitely not a floorless debenture. While there is a broad discretionary use of the shares, we do know the maximum that will be issued. The shares are maxed at 80 million. Had it been a floorless, the revenues would have been fixed and the shares would be literally unlimited. Has anyone received a number from the TA to indicate how many of this 80 million figure are outstanding? TG