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


To: dusty who wrote (5069)1/9/1999 1:07:00 AM
From: Ken W  Read Replies (1) | Respond to of 7609
 
Dusty

Do you know anything about a site called turnaround pic. Supposed to be some info. about ARET there, but I have the link wrong I think.

Ken



To: dusty who wrote (5069)1/9/1999 10:26:00 AM
From: *ROSARIO*  Respond to of 7609
 
Sorry, Pal I do not look for my friends on the Internet, how about you?



To: dusty who wrote (5069)1/9/1999 10:33:00 PM
From: William Macko  Read Replies (1) | Respond to of 7609
 
Dusty...Would you be kind enough to answer my PS question on Post 5046
It could give us a guide to what ARET can expect to do if everything
goes right...

For those of you not familar with a AMORTIZATION SCHEDULE I went back
an dug out one on a piece of property that we improved in 1984..

Monthly payment...for a $28000.00 loan...was $318.17 per month for 15
years or $57,270.60 for the 15 years.. That works out to $3818.04 per year on this loan

Let's say ARET closes on 500 of these type loans..You come up with a GRAND TOTAL of $28,635,300.00 not bad for a little company that is
presentily available for $0.008 a share and has all the irons in FIRE.

Remember the above is only on a $28,000.00/15 yearloan... Let your imagination or your calculator take that out to a 30 year loan on a $84,000.00 home,,,,,$???,???,???.??,,,,,Try $3818.04 X three X 500..
Do you think that is worth a little waiting time???

This of course is just MO and do not recommend that anyone use my
figures for the basis of buying or selling this (ARET) stock..Do your
own DD.....Dusty am I close with the DOUBLE Material guessament...Hope
you are enjoying the nice weather we are having..BURR-SHIVER_SHIVER..

Bill