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


To: David Sirk who wrote (1385)8/9/1998 8:54:00 PM
From: *ROSARIO*  Read Replies (1) | Respond to of 7609
 
Hi Dave. What do you think was the cause of ARET selling off from 2.6 cents to 1.3 cents with-in a week. A 50% hair-cut was not forecasted by many investors. What do you think will happen this week with ARET? Thanks



To: David Sirk who wrote (1385)8/10/1998 12:36:00 AM
From: Mr. Jens Tingleff  Read Replies (1) | Respond to of 7609
 
David, It is a construction company - So what we are looking for in the coming P/L statement are heavy movement in costs - That's the sign that we are on track. You won't see money coming in until end of year and maybe even not until next year.

In the next 10K (year-end) you will see shareholders equity changing - Upwards based on work in progress and how that is valuated. Downwards with the financing.

The above is not speculation - It's facts.

Kr
Jens