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


To: Siber who wrote (5022)1/6/1999 5:02:00 PM
From: James Lee Baldwin  Read Replies (2) | Respond to of 7609
 
No apologies necessary. You are correct about the 10Q. My biggest disappointment was the issuance of more shares without a PR. Reality looks grim but the possibilities exist for an incredible turn-around. Sure, you can say that about many companies. What I like is that there are a lot of key pieces out there to the ARET puzzle and I'm giving Delmar and Dustan the chance to put them together. I received a PM today which contained caustic remarks about ARET being a scam. It has had a murky past, but I'm not sure what kind of scam Delmar could pull off by dumping as much money from his own wallet as he has. Other than the FAMC component, ARET would not be an attractive buy for some other company. If it was bought, it would lose its Native American owned status.

Bottom line, any penny stock is a high risk gamble. I like my odds.

James