To: Lance who wrote (1408 ) 8/10/1998 2:43:00 PM From: firstman Respond to of 7609
interesting..... Current Pick For our 1st pick we have found a true turn around situation that is at 200 day low ! Ameriresources Technologies Inc. is a holding company that, through its subsidaries, is a full service mortgage, consulting and design / construction firm based in Lenexa Kansas, specializing in management services and economic development both within and outside of Native American communities. CONTACT: Dick White , Barry Denslow or Robert Solarchik (913) 859-9292 (800) 913-9767 Company Symbol : ARET (OTC) Current Price : .014 CEO: Delmar Janovec SEC Reporting : yes Shares Authorized 500 mil.--- Shares Outstanding 164,213,803 with an additional 80 mil proposed for employee option plan as of 6/26/98 Ameriresources Technoligies Inc. looks to be a real turn around situation and trading here at under .02 a share we like the risk reward ratio. After a rocky few years ARET is now out of bankruptcy and seem to be back in force and postioning themselves for some big construction projects and aquisitions. This last month has seen 5 press releases indicating ARET has a business plan that should put its past behind them and lead the company and its share holders to greener pastures ! There has been alot of trading on this stock recently and this last Friday we noticed ARET trading near its 200 Day low, due more than likely to the choppy week the Market had in general. There is chatter on the ARET Message Boards and as usual some are worried about a reverse split etc.....so we called and talked with Robert Solarchik at LBI.Group (800) 913-9767 who handles the PR for ARET and does consulting for them as well and we did not get the impression that a reverse split would take place and he indicated there should be another news release soon having something to do with the mortgage end of business We also contacted Barry Denslow (913) 859-9292 he was more conservative with information and told us Delmar Janovec CEO was to busy to talk to anyone with all the dealings he is involved with right now. Take a look at the 5 news releases and you can understand why that might be and why we at T.A.P. have ARET as our 1st pick. We know of some stocks that are mere empty shells that have no news, trading at what ARET is right now, on just rumors. We speculate that if ARET is to carry out its plan of business and seal the deals mentioned in these recent news releases the share price could see an increase of 100 to 500% near term and 500 to 1000% + long term !