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AmeriResource Technologies Inc. (ARIOQ)

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Moderator: Capstar, surfkast, Iron heart, 1manband, Stanner, Homebrew
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Last Post: 8/18/2017 8:31:59 AM - Followers: 268 - Board type: Free - Posts Today: 8

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.


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PostSubject
#36800  Sticky Note 8/1/2017 Entity Actions for "PAYROLL FUNDING CORPORATION" Capstar 08/07/17 05:25:32 PM
#36217  Sticky Note ARIOQ~don't let_SHORTY_&_HIS BOO-BIRDS_post you outofa .0001BK'speculation play_!$$$!_ Stanner 05/13/17 07:44:38 AM
#35083  Sticky Note I have not seen any definitive official document ranger_7 02/16/17 02:52:09 PM
#34572  Sticky Note What I KNOW is the ARIOQ shares are worthless. 1manband 01/24/17 03:58:32 PM
#22037  Sticky Note My information is factual and correct. The common 1manband 06/05/16 11:55:43 PM
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Admin [Dan] 06/05/16 04:56:37 PM
#36939   G/M_ARIOQ_!$$$!_ Stanner 08/18/17 08:31:59 AM
#36938   Oh yeah! Getting hotter in here! ARIOQ ranger_7 08/18/17 08:07:18 AM
#36937   Perhaps fairies riding herds of Unicorns sprinkling pixie-dust Homebrew 08/18/17 05:50:00 AM
#36936   Something's Burning Bud, it's coming!!! GL to u T.P.G. INVESTMENTS 08/18/17 05:00:52 AM
#36931   Fool's gold has no value... Amievil 08/17/17 11:59:38 PM
#36930   We are golden!!! Weeeeeee ranger_7 08/17/17 11:58:46 PM
#36929   Stop sign. Amievil 08/17/17 11:58:02 PM
#36928   I agree - patience is needed and we ranger_7 08/17/17 10:40:28 PM
#36927   I will still be here waiting as i stockpicker1 08/17/17 10:19:48 PM
#36926   $ARIOQ will rise like a Phoenix. penny haven 08/17/17 10:14:33 PM
#36922   Could have been, wouldn't have made a difference. MasterBlastr 08/17/17 10:01:09 PM
#36920   How does ARIOQ fall? Thats the beauty MasterBlastr 08/17/17 09:13:50 PM
#36919   Looks like we fell today with the broader penny haven 08/17/17 06:06:26 PM
#36918   So the $$$ is what you sunk into MasterBlastr 08/17/17 08:53:18 AM
#36917   I hope you are right! In any case, Iron heart 08/17/17 08:53:10 AM
#36916   G/M_ARIOQ_!$$$!_ Stanner 08/17/17 08:44:36 AM
#36915   Something BIG is coming WATCH!!! ARIOQ T.P.G. INVESTMENTS 08/17/17 03:23:25 AM
#36914   Come see the never ending zero !!! MasterBlastr 08/16/17 10:44:24 PM
#36913   SEPTEMBER IS APPROACHING FAST, COULD BE THE HUGE halbroke1 08/16/17 10:40:25 PM
#36912   Interest - 100% penny haven 08/16/17 09:57:22 PM
#36911   Volume: 0 @- ET surfkast 08/16/17 08:58:45 PM
#36910   Amazing results! penny haven 08/16/17 05:36:03 PM
#36909   A Hemp project? surfkast 08/16/17 04:51:13 PM
#36908   G/M_ARIOQ_!$$$!_don't forget a massive Industrial Hemp project Stanner 08/16/17 09:33:48 AM
#36907   Anything to back that call up? jet101 08/16/17 09:33:16 AM
#36906   ARIOQ turning into an MJ ticker and just T.P.G. INVESTMENTS 08/16/17 04:59:01 AM
#36905   That's because FINRA and SEC doesn't take seriously ranger_7 08/16/17 01:27:53 AM
#36902   Better call you advisor and buy more! penny haven 08/15/17 09:23:40 PM
#36901   Fools rush in where wise men never go................ surfkast 08/15/17 08:52:32 PM
#36900   Its the gift that keeps on giving - MasterBlastr 08/15/17 08:51:09 PM
#36899   I love Robbins - he punishes the clowns MasterBlastr 08/15/17 08:47:29 PM
#36898   Amazingly after many complaints to the SEC and surfkast 08/15/17 08:39:52 PM
#36897   Still trading! penny haven 08/15/17 08:19:50 PM
#36896   Fractional shares - all I have to say ranger_7 08/15/17 07:38:24 PM
#36894   Get back with me when the Q drops I-Glow 08/15/17 06:29:32 PM
#36893   17 months later, very accurate...you're at the top allezlOM 08/15/17 02:01:50 PM
#36892   LOL ranger_7 08/15/17 01:58:41 PM
#36891   All old equity/membership interests shall be extinguished surfkast 08/15/17 09:48:33 AM
#36890   G/M_ARIOQ_!$$$!_ Stanner 08/15/17 08:50:05 AM
#36889   Those Fractional shareholders just don't seem to go T.P.G. INVESTMENTS 08/15/17 04:57:14 AM
#36888   Hows the flatlining? Pretty flat . . . MasterBlastr 08/15/17 03:52:41 AM
#36887   Exactly!! Fractional BS makes me laugh every time ranger_7 08/15/17 12:42:00 AM
#36886   ARIOQ$$$$$$$ I SEE WE ARE BACK TO BRINGING menelli 08/15/17 12:13:31 AM
#36884   Fractional Shareholders surfkast 08/14/17 07:46:22 PM
#36882   ARIO COULD LOSE THE Q, ANYTIME AND IT halbroke1 08/14/17 07:14:14 PM
#36881   The "business" is now owned by someone else. 1manband 08/14/17 06:13:54 PM
#36880   Link to the business? surfkast 08/14/17 06:03:09 PM
#36879   Business is up and running! penny haven 08/14/17 05:14:58 PM
#36878   ARIOQ's business license was NOT renewed. The Company 1manband 08/14/17 04:32:25 PM
#36877   ARIOQ~BUSINESS LICENSE RENEWED AT NEVADASOS_!$$$!_active ticker Stanner 08/14/17 02:35:01 PM
PostSubject