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

To: Mr. Jens Tingleff who wrote (3706)	10/13/1998 4:40:00 AM
From: Mr. Jens Tingleff	Read Replies (3) \| Respond to of 7609

From SSPARSONS: Jens, Can you post this to the SI board on my behalf? Many thanks. Steve alias SSPARSONS@AOL.COM To the SI Board, AOL Board and ARET shareholders: I post regularly to the AOL bulletin board and I keep up with the day to day corporate developments with ARET. If you want the SI board to have some semblance of normalcy, I highly recommend that you ignore the foolish posts and concentrate on what is important. Your investment in the company and discussions are of paramount importance to the future of ARET. Getting into a tug of war with other SI members (and you know who I am talking about) is not a prudent method to promote our stock. Stick to what is relevant and stay away from the obvious...ignorant people should not be tolerated on the ARET board. I enjoyed reading the ARET board but some folks have abused the priviledge. Think before you post to the board. Don't think out of anger or attack those members that we know are foolish. Just ignore them. Some of you folks may not realize this but the ARET message board is a vital link for those investors who are in this stock or are interested in the company. If you want more people to be interested in ARET stock, post items that people will be interested in. Posting gibberish isn't cutting it folks. With that said, I would like to note a few things that seem obvious but need to be reminded about this company: 1. People forget that this is a penny stock in the truest form. Challenging people to invest at .006 or .012 really doesn't matter at this point if you are in the long term investor like myself. We all know the risks when it comes to investing in penny stocks. To say that this company is a safe investment gives me a chuckle. However, to continuously lambast it with the observations I have seen on the ARET thread are totally uncalled for. The facts are simple folks. The company is moving forward with a plan. They have what is known in marketing cycles as a "Target Market" (Native Americans). They also see a segment of people that need help in their day to day lives and a program that looks to be quite lucrative. They have the business deals in place and the financing has been approved. The company has $30 million dollars in funding with financial support from some of the most reputable names in the mortgage finance industry...Freddie Mac (FHMC), Principle Mortgage Insurance (PMI) Company, FT Mortgage, and Washington Mutual Bank. The company has agreements in place with two prominent Native American tribes (the Choctaw's and the Chicksaw Nations) and they are working on or with more tribes in the Mid-West and Southwestern United States. Reports make note of the fact that ARET has been working with 8 Native American tribes out of the 28 that exist. The last press release on 7 October mentioned that 160 loans were approved and will be closing this week. 2. Revenues have been a focal point on the SI board. Lets set things straight here. Revenue is not going to be realized until the loans have been approved and the construction actually starts. Therefore, don't look for revenues to hit immediately. Don't be led to believe that revenues won't or don't exist. To panic over the fact that no revenues have been disclosed is rather silly. Let me remind you folks of something that I read which was released on BW back on 22 July. The $30 million in mortgages will lead to the actual building of 420 new homes on an annual basis. (So far, it looks like we have at least 160 confirmed). With 420 homes, FAMC will generate $750,000 in revenues per year on the processing of these mortgages. The company has stated that a minimum of 200 homes (out of the 420) will be constructed by its subsidiary (Cottonwood Development Corp). Based upon what I have read recently, Tomahawk is also going to build houses. This will generate...now hold on to your hats folks...an estimated $15 MILLION dollars in revenues per year. (I am not pulling this information out of my butt folks...just confirming "old" news). The information above pertains to the Mortgage side of ARET's business. Back in the spring, a lot of attention was focused on the construction side of operations. However, the mortgage business spearheaded by Dustan Shepherd's experience and professionalism is going to create opportunities for the other subsidiaries of ARET's business. My message doesn't include some of the other exciting ventures that may await us...hydroponic construction...business relationships and stock swaps with companies that may generate future opportunities...casino construction opportunities with Barrick and other Native American tribes...and a host of other addendums not mentioned here or unknown to myself and other investors. Finally, I want to make a point about the Reverse Split controversy. I don't know how many of us called to confirm what we all know. The company has stipulated that there will not be a Reverse Split. I don't want to see a Reverse Split...Dustan does not want to see a Reverse Split....Delmar does not want to see a Reverse Split...the shareholders do not want to see a Reverse Split. Do you know what that means? THERE PROBABLY WON'T BE A REVERSE SPLIT! Do they have to put that in writing? Of course not! How ludicrous a statement! Okay...how about this. What if they DO a reverse split? You know what? Who cares? Why debate something that is beyond our control? if the Board of Directors and Management believe that a Reverse Split is in the best interest of the company, then they are going to do it. I hope they don't do it and based on what I have read, seen, heard, and discussed, it sounds like it PROBABLY won't happen. However, I would not lose sleep over it if it happens...the fundamentals of the company are not going to change and the company is churning in the right direction. Last word of advice folks...just be patient, sit back, watch, and ignore the irrelevant posters. Who needs them anyways? Steve alias SSPARSONS @ AOL.COM