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

To: tonto who wrote (2873)	9/23/1998 7:47:00 AM
From: Mr. Jens Tingleff	Respond to of 7609

Actually the 70Mil shares were not issued - as Q10 Jun 30. states 220MM issued total. The 70M shares went to Delmar, Dustan and TCC for sure - But as I see it there was some rotating of shares going on to execute the deal. As can be seen in your post some 18MM came back with the acquisition the remaining 52MM could have come out of holding own shares / ?? the 50MM+ Delmar delivered back to ARET when TCC needed to be kept as Minority Status ?? - (BTW we do not know status by now on wether TCC is 100% ARET or "only" 49% owned) At all I'm not worried about us having FAMC included in OUR ownership, even at 1.4M$ - Price equal to 2 years expected revenue with 30% net earning is OK - The way I see it we (and Delmar and Dustan) got FAMC without dilution. I also see it as a very important point for ARET and TCC moving on. Kr Jens

To: tonto who wrote (2873)	9/23/1998 8:03:00 AM
From: Mr. Jens Tingleff	Read Replies (2) \| Respond to of 7609

I have not yet got any feedback from Philip Brasher allowing me to publish his article here - But I can tell you some of the things I have read. The national American Indian Housing Council states that 40% of Indian housing nationwide is considered substandard (6% elsewhere) - 20% is overcrowded - There is a need for 200,000 housing units nationwide for Indians. Ogala Sioux have 1,000 people on waiting list for tribal housing. In many cases 3 or 4 families share a single house - Paul Iron Cloud, who runs the tribal housing authority says that he can fill 3,500 homes in two days, if he had them. Today many live in mobile homes which is so drafty that it costs 200$ a month to heat it in the winter. I sure hope ARET is busy following up on these matters. Kr Jens