SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: articwarrior who wrote (2970)9/26/1998 5:37:00 PM
From: Robert A. Volinski  Respond to of 7609
 



To: articwarrior who wrote (2970)9/26/1998 7:54:00 PM
From: kennbill  Read Replies (1) | Respond to of 7609
 
hmmm... working on Saturday's are we???



To: articwarrior who wrote (2970)9/26/1998 7:55:00 PM
From: TsioKawe  Read Replies (1) | Respond to of 7609
 
<<do you know if there are any contracts, quotes, or ongoing income producing work at this time?>>

First Americans Mortgage Corporation ( a subsidiary of ARET) SIGNED to Originate $10,000,000 of Oklahoma Native American Pilot Program for the Housing Authority of the Choctaw Nation of Oklahoma. The Program named Choctaw Homebuyers Advantage Program CHAP is the SECOND such commitment secured by First Americans Mortgage Corp.(FAMC)

Currently, First Americans is originating $10,000,000 commitment under this program with the Chickasaw Nation and other agencies.

FAMC has signed an agreement with the Choctaw Tribe to provide the opportunity to Purchase Homes. First Americans is ORIGINATING the loans, Freddie Mac is providing $10 Million with PMI Working to insure the Loans in conjunction with Washington Mutual.

Home ownership contribute two major principles toward improving the quality of life for Native Americans: Hope and Pride. First Americans as a Native American company has worked diligently over the last two years to nurture these principles throughout the Nations.

For more information contact the Choctaw Housing Authority at
580/326-7521 or 800/235-3087




To: articwarrior who wrote (2970)9/26/1998 8:14:00 PM
From: TsioKawe  Respond to of 7609
 
<<now lets deal with the supposed buyback from this company, can anyone confirm a date for this transaction or a time period of its conclusion?>>

IMHO this is asking for insider information, But the company has gone on record for the repurchase of 20% of outstanding shares in ARET.

Sept 3, 1998--AmeriResource Technologies Inc (OTC:BB:ARET) CEO Delmar A Janovec announced thursday that the board of directors have voted to repurchase 20% of the companies outstanding common shares.

The decision by the board of directors is the FIRST STEP in the plan to Refocus the NEW DIRECTION of the company.

AmeriResouce Technologies Inc, is a holding company that through its subsidiaries, is a full source mortgage, consulting and design/construction firm based in Lexana, Kansas, specializing in construction management services and economic development both within and outside the Native American community.

T



To: articwarrior who wrote (2970)9/27/1998 1:38:00 PM
From: James E Lynch  Read Replies (1) | Respond to of 7609
 
I have faxed all of our concerns to Dustan Shepherd. Am waiting on a reply. When I get it I will forward it to Jens.
Jim