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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 7/22/2017 11:12:20 AM - Followers: 268 - Board type: Free - Posts Today: 0

Plan of Reorganization 


Amended 4/29/16 ~ https://promotionstocksecrets.com/wp-content/uploads/2016/06/ABIOQ1.pdf
 

Bankruptcy (chapter 11) Time-Line ~ 

https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc 

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ARIOQ ~ Docket Posts # 70  to 76 ~
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130100654

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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 - http://payrollfundings.com/ 

- More info about their product that will generate profit: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf=====
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Business entities under registered agent "ERVEN T. NELSON"
* AMERIRESOURCE TECHNOLOGIES, INC.
* HARVESTER FUNDING, LLC
* PAYROLL FUNDING COMPANY LLC
* PAYROLL FUNDING CORPORATION


http://nvsos.gov/SOSEntitySearch/RACorps.aspx?fsnain=8H0YnFp5Lfn%252bcQNOAlk3fA%253d%253d&RAName=ERVEN+T.+NELSON

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Link to ARIOQ Short Sales ~
http://www.otcmarkets.com/stock/ARIOQ/short-sales


12 Year ARIOQ Chart ~
http://www.profitspi.com/stock-chart.aspx?id=ARIOQ&ca=1636083528



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"We write $15 million of loans each year." ~ William R. Robbins, Manager of Payroll Funding Company, LLC
* Payroll Funding support of NV Bill 255 ~
* Payroll Funding Biz Model Explained ~
https://www.leg.state.nv.us/app/NELIS/REL/79th2017/ExhibitDocument/OpenExhibitDocument?exhibitId=30482&fileDownloadName=0410ab255_robw.pdf

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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.”


CREDIT LINE AGREEMENT ~ 

* 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 
 

MARKETING AGREEMENT ~ 

* 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: 

* PAYROLL FUNDING COMPANAY, LLC ~ Lisa Nelson, Officer 

* 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.    



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Below: EMail Reply from Hofmeister Confirming "All Shareholder Shares" Being Terminated.


ARIOQ
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Volume:
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PostSubject
#36521  Sticky Note SHARES WILL BE CANCELLED THE CASE IS CLOSED! surfkast 06/13/17 08:08:15 AM
#36217  Sticky Note ARIOQ~don't let_SHORTY_&_HIS BOO-BIRDS_post you outofa .0001BK'speculation play_!$$$!_ Stanner 05/13/17 07:44:38 AM
#35550  Sticky Note Business entities under registered agent "ERVEN T. NELSON" Capstar 04/02/17 01:44:47 AM
#35083  Sticky Note I have not seen any definitive official document ranger_7 02/16/17 02:52:09 PM
#34572  Sticky Note What I KNOW is the ARIOQ shares are worthless. 1manband 01/24/17 03:58:32 PM
#22037  Sticky Note My information is factual and correct. The common 1manband 06/05/16 11:55:43 PM
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Admin [Dan] 06/05/16 04:56:37 PM
#36725   At least the guppy believes . . . MasterBlastr 07/22/17 11:12:20 AM
#36724   It "should have" been delisted a year ago ranger_7 07/22/17 12:21:40 AM
#36723   ARIOQ shareholders lost everything here. BoilerRoom 07/22/17 12:03:04 AM
#36722   ARIOQ should have been delisted by now ;-) CRAZY $$$ 07/21/17 11:53:19 PM
#36720   Looking good to me here! Arioq ranger_7 07/21/17 06:24:54 PM
#36719   Still trading penny haven 07/21/17 01:30:31 PM
#36718   G/M_ARIOQ_!$$$!_ Stanner 07/21/17 07:58:47 AM
#36717   Good Morning $ARIOQ primecomm 07/21/17 07:54:12 AM
#36716   ARIOQ~yes_&_no.Yes inthat a 'bigbig gun' is now involved_&_no Stanner 07/21/17 02:27:40 AM
#36715   You can read them if you want. ranger_7 07/20/17 10:54:22 PM
#36714   Still trading and moving on up! penny haven 07/20/17 10:35:34 PM
#36713   No read bankruptcy laws................... surfkast 07/20/17 10:21:20 PM
#36712   Once again, you aren't listening so I'll just ranger_7 07/20/17 10:18:38 PM
#36711   READ UP ON THE BANKRUPTCY LAWS AND CASE FILINGS. surfkast 07/20/17 10:17:01 PM
#36710   I said a document that says the shares ranger_7 07/20/17 08:44:46 PM
#36709   READ UP ON THE BANKRUPTCY LAWS AND CASE FILINGS. surfkast 07/20/17 08:41:59 PM
#36708   For me - I only speak about myself. ranger_7 07/20/17 08:40:15 PM
#36707   GOOD SIGN FOR WHOM? surfkast 07/20/17 08:13:28 PM
#36706   Yes sir, seems like someone is loading quietly. ranger_7 07/20/17 06:40:30 PM
#36705   $ARIOQ somethings brewing! penny haven 07/20/17 04:56:38 PM
#36704   $ARIOQ nice day for accumulation! penny haven 07/20/17 03:55:45 PM
#36703   And the volume has started! $ARIOQ penny haven 07/20/17 03:49:30 PM
#36702   I agree with that caseyryan1986 07/20/17 03:26:29 PM
#36701   Even if the shell was picked up by surfkast 07/20/17 03:04:47 PM
#36700   Did this shell get picked up by another company? caseyryan1986 07/20/17 12:29:13 PM
#36699   I always find responses such as Hogwash interesting I-Glow 07/20/17 11:19:17 AM
#36698   The whales are circling! $ARIOQ penny haven 07/20/17 09:40:38 AM
#36697   Why do you call it hogwash, both emails jet101 07/20/17 09:25:12 AM
#36696   Hogwash BoilerRoom 07/20/17 09:13:56 AM
#36695   Good morning all! Another week closer to stockpicker1 07/20/17 09:11:55 AM
#36694   Good Morning $ARIOQ primecomm 07/20/17 08:48:18 AM
#36693   G/M_ARIOQ_!$$$!_down by 1.2 billion_?_Nevada is MJ' now_!$$$!_ Stanner 07/20/17 06:15:25 AM
#36692   Anyone else notice the ask and how much Mugsy 07/19/17 01:57:20 PM
#36691   Good Morning $ARIOQ primecomm 07/19/17 07:26:52 AM
#36690   G/M_ARIOQ_!$$$!_ Stanner 07/19/17 06:32:02 AM
#36689   Hola Amigo! Just remember, $100 investment in bitcoin Popeye 07/18/17 11:11:33 PM
#36688   Good Morning $ARIOQ primecomm 07/18/17 07:35:55 AM
#36687   G/M_ARIOQ_!$$$!_ Stanner 07/18/17 06:44:45 AM
#36686   If someone buys that @ .0001 they made CRAZY $$$ 07/17/17 05:52:37 PM
#36685   G/M_ARIOQ_!$$$!_ Stanner 07/17/17 08:49:13 AM
#36684   Good Morning $ARIOQ primecomm 07/17/17 07:49:10 AM
#36683   Entertaining indeed, IMO it's going to get a T.P.G. INVESTMENTS 07/15/17 03:06:06 PM
#36682   jul 21-2015 case filed----- jul 21-2016 plan confirmed appie 07/15/17 01:09:26 PM
#36681   This is the most entertaining bag I've ever Popeye 07/15/17 12:37:29 PM
#36680   G/M_ARIOQ_!$$$!_ Stanner 07/14/17 06:26:17 AM
#36679   Good Morning $ARIOQ primecomm 07/13/17 08:13:08 AM
#36678   1 million of yesterdays volume was @ .000001...............yep $1 jet101 07/13/17 08:04:30 AM
#36677   G/M_ARIOQ_!$$$!_ Stanner 07/13/17 07:05:01 AM
#36676   LOOKS LIKE ARIOQ TIME COULD COME SOON $$$$$, halbroke1 07/13/17 12:36:17 AM
#36675   Still trading? And we got some volume ranger_7 07/12/17 06:16:51 PM
PostSubject