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


To: WineOh who wrote (4522)11/18/1998 3:08:00 PM
From: ISOMAN  Respond to of 7609
 
This is the highest risk you will ever find in any stock.

I don't know...there are a few others worse off

techstocks.com



To: WineOh who wrote (4522)11/18/1998 3:08:00 PM
From: steve walsh  Read Replies (1) | Respond to of 7609
 
Risky? of course....Speculation?....of course.........A Dormant shell????...........Please elaborate to those of us to would tend to disagree with your statement..... see below???

NEWS STORY FOR ARET 9 10/07 First Americans Mortgage Corp. Prepares to Close First Loan Under SYMBOLS: ARET BSW. I/BNK I/FIN I/BLD I/CON I/FIS Its 'ARET' First Americans Mortgage Corp. Prepares to Close First Loan Under Its $10,000,000 Choctaw Nation Commitment LENEXA, Kan.--(BUSINESS WIRE)--Oct. 7, 1998--First Americans Mortgage Corp., an AmeriResource Technologies Inc. subsidiary (OTC BB:ARET) announced Wednesday that the first Choctaw Nation mortgage loan, of an estimated 160 loans, has been approved and is scheduled for closing on or about Oct. 15, 1998. As earlier reported (press released dated Sept. 16, 1998) a partnership was developed between the Choctaw Nation, PMI, Freddie Mac, Washington Mutual Bank and First Americans to originate $10million of residential mortgages to members of the Choctaw Nation. The funds are available to Choctaw members living in the State of Oklahoma and has a maximum loan amount available of $227,150. The Choctaw Nation is one of two Indian Nations in Oklahoma that FAMC is currently working with on this program. The Choctaw Nation is located in Southeast Oklahoma and is the third largest tribe in the United States, with more than 100,000 members nationwide and over 40,000 living within their service area. During the year of 1997, the Nation's total operating revenues exceeded $152 million. Revenue was derived from a diversified source of operations, that included ranching operations, bingo operations, a resort, and travel plazas. First Americans president Dustan Shepherd commented: "We have just begun to accomplish our goals of providing mortgage loans to the Native Americans in Oklahoma, as well as other Native American communities across the United States. We truly believe that we can provide a social and economic element that is significantly missing in these communities, as well as, provide ARET the basis for long term growth and profit realization." AmeriResource Technologies Inc. is a holding company which, through its subsidiaries, provides a full range of services, i.e., mortgage financing, consulting, design/construction and specializing in construction management services coupled with economic development both within and outside the Native American Community. The firm is based in Lenexa in the Heart of America. The release may contain forward looking statements that involve risks and uncertainties, including without limitations, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes. The company's dependency on financing third party suppliers and intellectual property rights, and other risks detailed from time-to-time in the company's federal filings, annual reports, offering memorandums or prospectus. --30--cp/mi* CONTACT: Dustan Shepherd or Delmar Janovec Telephone No. 913/859-9505, 913/859-9292 Fax No. 913/859-9520 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire Wed Oct 7 12:13:09 1998 -GMT- pnac [nBSWA71058] = 1 12:13



To: WineOh who wrote (4522)11/18/1998 3:51:00 PM
From: grw5  Read Replies (2) | Respond to of 7609
 
So, Mr. WineOh, I say Mr. in deference to your many years experience, we are so glad to have you join SI just come here for our benefit "...to tell it like it is."

I don't see how we could ever have continued to survive without your brilliant insightful comments such as "This stock is Las Vegas. nothing more nothing less" and "They are a dormant shell with ideas and dreams but nothing else,"

We are breathless with anticipation for your next gem of wisdom.

< gag - choke - gag >
---------------------------------------------------------
This is a small co. bustin' buns on the intricacies of dealing between Uncle Sam's regulations and tribal ways. Progress is often delayed and slow, but they(and we) certainly don't need your kind of help.

The majority of investors here are willing to give them the time and support they need to make a go of it. If you are not, I suggest you go play some of your "great opportunities".

Regards,
George

And before you try the old tried and true "don't fall in love with a stock" - I'm not. I'm just being a "realist" in regards to how long it takes for a co. like this one takes to get up and running.



To: WineOh who wrote (4522)11/18/1998 5:20:00 PM
From: Siber  Read Replies (3) | Respond to of 7609
 
Oh WineOh...I think you are going a little overboard here. You aren't really telling it like it is, now are you?

First of all, you surely must be aware that penny stocks by nature are highly volatile and easily manipulated. The manipulation is very obvious here.

You surely also must be aware that one should not invest his/her life savings into penny stocks (or any stock for that matter). Pennies by most are usually paid for from earnings from other stocks. Pennies usually do not comprise the whole of a person's portfolio.

You surely also must be aware that one should not fall in love with a stock....any stock. While it seems that we, the investors of ARET, are in love with the stock....we simply realize the great potential this company has. Call it love if you want...I'm calling it insight and awareness of what the market will bear. I believe that mortgage financing to the target market is certainly within the realm.

You surely also must be aware that there are certain posters on the thread who ask the same questions over and over again, questions that have long ago been answered. It is a tactic, pure and simple.

You, in my opinion, are very wrong in saying that "this is the highest risk you will ever find in any stock". All stocks are a risk. To say this is the highest risk is presumptuous and I would ask you to back up what you said. Consider KTEL for a moment. KTEL is on the verge of being tossed out of NASDAQ for not meeting the requirements.

ARET is not a dormant shell. Read the numerous posts, read the news releases, call the company. ARET is very busy indeed. Please be so kind as to show me, as well as the thread, proof of dormancy. Real, concrete proof.

If you can prove anything you have said about ARET in your post then I will apologize to you.

If you cannot then I hope you will apologize to the thread.

If you can do neither, then you agenda is clear.

Regards,
Helene