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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 1/22/2017 11:08:35 AM - Followers: 282 - Board type: Free - Posts Today: 22

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 
 

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







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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#34342  Sticky Note $ARIOQ I would like to give a shout penny haven 01/21/17 02:41:26 PM
#32169  Sticky Note SHARES WILL BE CANCELLED THE CASE IS CLOSED! surfkast 09/30/16 04:09:23 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
#34397   Hahaha that's what I mean... maximus14 01/22/17 11:08:35 AM
#34396   ARIOQ is NOT DEAD! new year...new VEGASREAL8TOR 01/22/17 11:07:56 AM
#34395   Why are you still here then??? If I don't maximus14 01/22/17 10:48:28 AM
#34394   always looking for the next play but don't eddycast09 01/22/17 10:47:29 AM
#34393   Common Eddy, you can do better than that... Why maximus14 01/22/17 10:46:25 AM
#34392   SORRY I FORGOT THE 4BILLION SHARES sorry no eddycast09 01/22/17 10:45:18 AM
#34391   Why you here then Eddy!!! Check those stats maximus14 01/22/17 10:43:27 AM
#34390   yeah I mean just look at the chart eddycast09 01/22/17 10:41:40 AM
#34389   Did you loose money in here??? maximus14 01/22/17 10:39:35 AM
#34386   Eddy you better check those stats before posting maximus14 01/22/17 10:00:37 AM
#34385   Lots of folks on this board do not totffe 01/22/17 09:59:30 AM
#34384   0 VOLUME 0 MOVEMENT in 3 years GOOD eddycast09 01/22/17 09:50:43 AM
#34383   And it will continue to grow, grow and maximus14 01/22/17 09:44:55 AM
#34382   Still #1 on Breakout Board...! ARIO ghk 01/22/17 09:34:46 AM
#34381   Yes...Hurricane Money Maker ;-). ARIO Phonz 01/22/17 08:18:07 AM
#34380   Yep. Run Hard At That..I wouldn't want to Phonz 01/22/17 08:16:59 AM
#34378   Its become funny watching them thrash around, not MasterBlastr 01/22/17 04:05:33 AM
#34377   They are stuck in this and trying get BoilerRoom 01/22/17 12:58:05 AM
#34376   These guys like to get together and fantasize, MasterBlastr 01/22/17 12:09:08 AM
#34375   you have to be current and be worth okwife 01/21/17 10:32:11 PM
#34374   arioq is complete garbage okwife 01/21/17 10:29:48 PM
#34373   "What makes everyone here so confident in this company?" kennypooh 01/21/17 10:26:30 PM
#34372   What makes everyone here so confident in this Vector1 01/21/17 09:59:02 PM
#34371   If that Q drops...man oh man...we will run TIWARIG 01/21/17 09:44:39 PM
#34370   The hurricane is coming! Calm before the storm hurricane123 01/21/17 07:14:20 PM
#34369   Pennyland must be nearby ;-) Lots of Eyes Phonz 01/21/17 06:54:39 PM
#34368   When we are at $0.02 we will be Phonz 01/21/17 06:52:16 PM
#34367   Wow...$$$$$ ARIO is waking up. I wouldn't want Phonz 01/21/17 06:50:56 PM
#34366   Nothing but hope...reason it's number 1 on BOB is. jet101 01/21/17 06:36:33 PM
#34365   #1 ON BREAKOUT BOARD??? WHATS GOIN ON HERE TIWARIG 01/21/17 06:32:53 PM
#34364   Lots of due diligence being done with $ARIOQ! penny haven 01/21/17 06:07:42 PM
#34363   I'm fine with copper! ghk 01/21/17 05:05:47 PM
#34362   Interesting. stockpicker1 01/21/17 05:03:39 PM
#34361   Collection Guarantee Company LLC *now* Harvester Funding LLC Capstar 01/21/17 04:53:51 PM
#34360   ARIO for the gold... maximus14 01/21/17 04:51:34 PM
#34357   $ARIOQ the calm before the buying hurricane!!! penny haven 01/21/17 04:14:32 PM
#34356   This year it will be a year . MasterBlastr 01/21/17 04:08:03 PM
#34355   Yeah... ok. Yet here we are, perfectly tradable. ghk 01/21/17 04:06:53 PM
#34354   Only word will be cancellation, or revoked by MasterBlastr 01/21/17 04:04:09 PM
#34353   ARIOQ~Well that Company is not listed at NevadaSOS_so_could be_!$$$!_GO_ARIO_ Stanner 01/21/17 03:57:17 PM
#34351   Can't wake a zombie - see? MasterBlastr 01/21/17 03:54:48 PM
#34350   What, #1 on b.o.b again? Second week in ghk 01/21/17 03:53:46 PM
#34348   ARIOQ 1 BREAKOUT BOARDS HAHAHA LOLOLOL appie 01/21/17 03:48:16 PM
#34347   And B.O.B.'s no reflection of the quality or Homebrew 01/21/17 03:32:51 PM
#34346   Please, do show some inkling of proof... none? ghk 01/21/17 03:27:39 PM
#34344   With 5 billion shares out . . . MasterBlastr 01/21/17 03:12:21 PM
#34343   Reverse split coming here... BoilerRoom 01/21/17 03:00:51 PM
#34342   $ARIOQ I would like to give a shout penny haven 01/21/17 02:41:26 PM
#34341   I don't think you get it... maximus14 01/21/17 02:19:47 PM
#34340   Please post a extract from the court documents I-Glow 01/21/17 02:18:55 PM
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