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


To: Ken W who wrote (4402)11/15/1998 6:07:00 AM
From: gunslinger  Read Replies (1) | Respond to of 7609
 
Message 6390751 I wasn't aware of this site. gunslinger



To: Ken W who wrote (4402)11/15/1998 2:03:00 PM
From: Mr. Jens Tingleff  Respond to of 7609
 
Aret owns 113,800 FXWA shares from first restricted stock swap and another (I expect based on reading 10Q) 10,526 acq on Aug.7.
Total 124,326 - The restricted now means that nothing can be sold within the first year in the second year only a minor part can be sold and in third year after acquisition an unlimited part can be sold.

See this: Message 6152806

There is only one point of which I am uncertain - In the first swap the 113,800 is stated to be accordingly to section 4(2) - The 144 rule is not specific mentioned and the deal is not better documented than what we can see in that 10Q ( But I suppose that it does imply rule 144) - The new deal on Aug 7. clearly states the rule 144.

Kr
Jens



To: Ken W who wrote (4402)11/16/1998 5:37:00 AM
From: ghostme  Respond to of 7609
 
Ken W,

NUOA (NuOasis Resorts) currently owns 49% of FXWA (Flexweight).

NUOA will eventually own 85 % of FXWA.

Just a little clarification.

Jeff