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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 10/26/2016 8:23:10 AM - Followers: 294 - Board type: Free - Posts Today: 4

Plan of Reorganization 

Amended 4/29/16 ~

Bankruptcy (chapter 11) Time-Line ~,Inc 

Three reasons to buy #ARIOQ: 

- Gross profit of $42,500 for the month of February according to their filings with the courts 

- More info about the company that will run #ARIOQ - 

- More info about their product that will generate profit:

AmeriResource Technologies Financing Approval Sought

by Linzee Brownon November 30, 2015

According to the U.S. Bankruptcy Court docket, AmeriResource Technologies filed a motion for entry of an order authorizing the Debtor to (i) obtain post-petition financing from Payroll Funding Company (PFC) and grant liens and security interest and (ii) enter into marketing agreement.

The Debtors request the approval of financing up to $200,000, payable as follows: (i) the maximum monthly advance is $75,000 and (ii) the maximum outstanding borrowing is $200,000. The proposed D.I.P. loan from PFC is interest free with a first priority lien on all future cash receivables. The Debtor has no other assets to pledge as collateral.

The motion explains, “Here, the proposed DIP Loan is critical to the Debtor’s existence and ability to formulate and fund a Plan of Reorganization. The proposed DIP Loan and Marketing Agreement with PFC will provide the Debtor with a stream of income from which to fund a plan. Thus, the likelihood of the Debtor consummating a plan of reorganization will significantly increase. As a result, the Debtor does not intend to liquidate any assets, which are necessary for ongoing operations. This will undoubtedly result in a benefit to all of the stakeholders in this case. In connection with the fiduciary duty the Debtor owes to its creditors, it is imperative that the Debtor receive the new DIP Loan so that it can continue to operate.”


* Filed 11/25/15 

Payroll Funding Company, LLC. ("Lender") hereby agrees to lend $200,000 to AmeriResource Technologies, Inc. ("Borrower") on the following terms and conditions: 

1) Effective Date: The Effective Date hereof is Tuesday, December 1, 2015 

To be signed by: 

* PAYROLL FUNDING COMPANY, LLC ~ Lisa Nelson, Officer 

* AMERIRESOURCE TECHNOLOGIES, INC ~ William R. Robins, President 


* Filed 11/25/15 

Payroll Funding Company, LLC will supply marketing services to AmeriResource Technologies, Inc. on the following terms and conditions: 

1) Effective Date hereof is December 1, 2015 

To be signed by: 


* AMERIRESOURCE TECHNOLOGIES, INC ~ William R Robins, President 


 DEFINITION of 'Chapter 11'

Named after the U.S. bankruptcy code 11, Chapter 11 is a form of bankruptcy that involves a reorganization of a debtor's business affairs and assets. It is generally filed by corporations which require time to restructure their debts.

Chapter 11 gives the debtor a fresh start, subject to the debtor's fulfillment of its obligations under its plan of reorganization.    


1 of Many Emails from Bankruptcy Lawyer

Confirming ALL Shares Will Be Canceled

"All shareholder shares will be terminated under the plan"

ARIOQ will cease trading on, or within a few days of, the

final bankruptcy process on June 23, 2016

Postponed to July 14, 2016

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#32169  Sticky Note SHARES WILL BE CANCELLED THE CASE IS CLOSED! surfkast 09/30/16 04:09:23 PM
#29295  Sticky Note The audio of the last hearing is sidedraft 07/19/16 03:48:47 PM
#22037  Sticky Note My information is factual and correct. The common 1manband 06/05/16 11:55:43 PM
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Admin [Dan] 06/05/16 04:56:37 PM
#33451   Good Morning ARIOQ primecomm 10/26/16 07:41:10 AM
#33450   G/M_ARIOQ_!$$$!_ Stanner 10/26/16 07:21:43 AM
#33449   Yepp...we are still trading ;-) ARIOQ Phonz 10/26/16 01:19:22 AM
#33448   Just waiting for the whales to come, buy MasterBlastr 10/25/16 11:42:32 PM
#33447   We are all good. penny haven 10/25/16 08:45:50 PM
#33446   Q drop is when commons will be cancelled... BoilerRoom 10/25/16 08:09:36 PM
#33445   They are traders . . . they think MasterBlastr 10/25/16 06:07:01 PM
#33444   Cashhhhhhh buying all across the board rdon 10/25/16 04:57:48 PM
#33443   This company has been declared BK by a kennypooh 10/25/16 04:39:26 PM
#33442   Robin said shares were cancelled. Who will release kura 10/25/16 04:09:46 PM
#33441   $ARIO Q drop will hit anyway now watch abazaba375 10/25/16 03:11:26 PM
#33440   Good Morning ARIOQ primecomm 10/25/16 07:14:26 AM
#33439   G/M_ARIOQ_!$$$!_ Stanner 10/25/16 06:30:07 AM
#33437   Yea but somebody will also be left holding jet101 10/24/16 09:48:49 PM
#33436   It could mean Kaboom time is coming ;-) ARIO Phonz 10/24/16 09:43:56 PM
#33435   Still trading here !!??? Cool .....!! budgetthis 10/24/16 09:40:15 PM
#33434   Yepp...all it takes is one last run by Phonz 10/24/16 09:36:39 PM
#33433   And Robbins is giggling like a schoolgirl while MasterBlastr 10/24/16 08:48:55 PM
#33431   "he actually said commons are cancelled." kennypooh 10/24/16 06:48:01 PM
#33430   How is it getting worse here every day? ranger_7 10/24/16 06:27:57 PM
#33429   It's gonna get crazy in here because he ranger_7 10/24/16 06:26:05 PM
#33427   Why is it going to go crazy in pdh53 10/24/16 05:53:39 PM
#33426   This is gonna go crazy here in a rdon 10/24/16 05:52:57 PM
#33425   if legally the shares have been canceled, lucky,mydog 10/24/16 05:24:02 PM
#33424   Phonz I will rain on your parade, though I james_west_1965 10/24/16 04:59:04 PM
#33423   ARIOQ Wow this is getting worse every day... BoilerRoom 10/24/16 04:54:37 PM
#33422   They went private . . . MasterBlastr 10/24/16 04:32:59 PM
#33421   buddy... Payroll services is just getting started! artmaniac 10/24/16 04:29:45 PM
#33420   ARIOQ~Thanks sidedraft.Doc 77 is totally crazy to me.What Stanner 10/24/16 03:37:45 PM
#33419   Hey at least they can tip the waitress MasterBlastr 10/24/16 03:36:50 PM
#33418   Doc 77 is sidedraft 10/24/16 03:13:31 PM
#33417   ASK Grows everyday... BoilerRoom 10/24/16 02:52:53 PM
#33416   Will do phonzerelli lol mrets123 10/24/16 02:05:17 PM
#33415   ARIOQ~New Doc 77 is up-sidedraft if you can,please Stanner 10/24/16 01:56:43 PM
#33414   Same can be said about the Q dropping..........right jet101 10/24/16 11:58:56 AM
#33412   It was deeply disturbing to some here . MasterBlastr 10/24/16 08:40:20 AM
#33410   Good Morning ARIOQ primecomm 10/24/16 08:00:36 AM
#33409   G/M_ARIOQ_!$$$!_ Stanner 10/24/16 06:50:43 AM
#33408   I read his mind . . . he MasterBlastr 10/24/16 06:46:06 AM
#33407   how do you know what Hoffmeister thinks???? ROFLMAO!!!! artmaniac 10/24/16 06:43:41 AM
#33405   You never get away. Ever. MasterBlastr 10/23/16 08:19:59 PM
#33404   Hofmeister thinks they have been cancelled since the MasterBlastr 10/23/16 08:15:45 PM
#33403   Has the Q been dropped - the answer I-Glow 10/23/16 07:40:22 PM
#33401   As long as you have been posting replies..... pdh53 10/23/16 07:13:12 PM
#33400   The price hasn't been off of 0.0001 in I-Glow 10/23/16 07:03:11 PM
#33399   Why not pick any other dead, no-bid stock MasterBlastr 10/23/16 04:34:41 PM
#33398   Yes we are still trading. The run can Phonz 10/23/16 03:27:13 PM
#33397   Robins, Hofmeister and the US Bankruptcy court have I-Glow 10/23/16 12:58:01 PM
#33396   ARIOQ~exactly-there is no 'smoking gun' link that states Stanner 10/23/16 09:38:29 AM
#33395   Let's roll folks! $ARIOQ! penny haven 10/23/16 08:15:37 AM