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

To: OLD JAKE JUSTUS who wrote (6945)	6/1/1999 10:33:00 PM
From: Bird	Read Replies (2) \| Respond to of 7609

>I have heard talk of a possible ARET buy back, or repurchase of company stock >plan in the future. A buy back would require monies not derived from the sale of the same shares, would it not? In other words, ARET would have to have revenues greater than $47,000 and profits to boot. It's a good goal to intend a repurchase plan, but a bit premature to be discussing it now. I don't know of an OTCBB with a float this large ever repurchasing shares; the other route is most often taken when large outstandings exist. OTCBBIRD

To: OLD JAKE JUSTUS who wrote (6945)	6/2/1999 6:38:00 AM
From: PRATT9999	Read Replies (2) \| Respond to of 7609

If you read the last financial statement you wouldn't beleive that they are planning a stock buy back. They are currently borrowing from the officers just to keep the daily operations going. Do some DD and read the Financials including footnotes. All I am saying is that as of the last Financial this company was on the edge and the upside potential is limited to the number of shares outstanding. This is way I bailed at .04. It's a great momentum play but just don't lose track of the facts. Not trying to bash , but I was here on last run up to see a sudden crash and then very little activity for a year.