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

To: James Lee Baldwin who wrote (5116)	1/14/1999 6:06:00 PM
From: James Lee Baldwin	Respond to of 7609

Sorry for reposting this information but its a good reminder that AmeriResource is heading in the right direction. chickasaw.net elibrary.com ALSO Freddie Mac Pilot Program in Indian Country. Under a $10 million Freddie Mac pilot program, which includes PMI Mortgage Insurance, AmeriResources Technologies Inc. of Lenexa, Kansas, has agreed to work with the Chickasaw Nation of Oklahoma to build new single family housing on nontrust land. AmeriResources Technologies Inc., through its two subsidiaries, Tomahawk, a construction company, and First Americans Mortgage Corp., a mortgage lender, will offer a one-stop shop for construction and mortgage financing. The mortgages will have a three percent down payment, with the buyer paying 1 percent and the Chickasaw Nation providing 2 percent in the form of a second mortgage at 5 percent interest over five years. A loan-to-value ratio that exceeds 100 percent would be allowed so that home buyers can finance some or all of the closing costs. Mortgages can be made up to the Freddie Mac conforming loan limit of $227,150. Home buyers who participate in the program must receive homeowner counseling. The Freddie Mac seller-service for the pilot program is First Tennessee Mortgage Corp. For further information, contact Delmar Janovec, chief executive officer of AmeriResource at (931) 859-9292.

To: James Lee Baldwin who wrote (5116)	1/14/1999 6:26:00 PM
From: bobkern	Respond to of 7609

James. Don't shake your head to much. There is a pattern here. There is also a history. Go to PRWT thread and you will truely be amazed at what happens when this individual isn't invested in the company and starts bashing. Very sad! Unfortunately, if you go to this thread, you will get a taste of what will very likely happen here in the very near future. Some people have forgotten that this company will surely get moving again when the seasons change. I am expecting to see positive things in late February, early March, for ARET. I sold my shares to buy more of another company, but I will be back in this one very, very soon. These current prices are very tempting to me. I will definately be back in by Valentines Day. I have always liked this stock and the people behind it. I do see great things in the long term. Another one here is starting to give you the same rhetoric we heard at PRWT from him and I can sense the tide turning with him here. Go check it out for yourself. Good luck to you. Bob