SureTrader SureTrader
Home > Boards > US OTC > Internet - E-Commerce >

AmeriResource Technologies Inc. (ARIOQ)

ARIOQ RSS Feed
Add ARIOQ Price Alert      Hide Sticky   Hide Intro
Moderator: janice shell, surfkast, Iron heart, james_west_1965, 1manband, Homebrew
Search This Board:
Last Post: 12/9/2016 10:14:12 AM - Followers: 284 - Board type: Free - Posts Today: 2

Plan of Reorganization 

http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf 

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.    



=========================================================================================================================================

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

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
ARIOQ
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#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 www.sidedraught.com/stocks/ARIOQ/07142016- 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
#33937   ARIOQ~THE DOCKET IS STILL ALIVE ALSO_!$$$!_ARIO for the win Stanner 12/09/16 10:14:12 AM
#33936   G/M_ARIOQ_!$$$!_ Stanner 12/09/16 05:08:34 AM
#33935   Right kind of like thinking the body might MasterBlastr 12/08/16 08:20:14 PM
#33932   Thanks For Confirming this security is toast! surfkast 12/08/16 07:06:58 PM
#33930   ARIOQ- https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologi Stanner 12/08/16 06:50:31 PM
#33929   We have heard this years! spread19 12/08/16 04:12:53 PM
#33928   Amen sage55 12/08/16 09:40:26 AM
#33927   Morning ARIOQ - good things coming! VegasRealtor8 12/08/16 08:24:22 AM
#33926   Good morning ARIO maximus14 12/08/16 08:12:05 AM
#33925   Good Morning ARIOQ primecomm 12/08/16 07:58:39 AM
#33924   G/M_ARIOQ_!$$$!_ Stanner 12/08/16 07:57:41 AM
#33923   Morning ARIO...........q! Rite Angle$ 12/08/16 05:10:59 AM
#33922   Good WestCoast Morning_ARIOQ_!$$$!_ Stanner 12/07/16 01:22:55 PM
#33921   Good Morning ARIOQ primecomm 12/07/16 07:19:20 AM
#33918   Good morning ARIO!!!ready for lift-off!!! maximus14 12/06/16 09:19:54 AM
#33917   OK thx, I got in this one early jet101 12/06/16 09:18:15 AM
#33916   I first bought ario (amre back then name 29YEARINVESTOR 12/06/16 08:49:12 AM
#33915   Good Morning ARIOQ primecomm 12/06/16 08:33:06 AM
#33914   Are you sure you got the right ticker? jet101 12/06/16 08:21:02 AM
#33912   G/M_ARIOQ_!$$$!_GO RAIDERS_&_GO VEGAS_!$$$!_more business for ARIO Stanner 12/06/16 07:27:07 AM
#33911   ARIOQ is about to kick it!! sage55 12/05/16 11:54:45 PM
#33910   STILL active ???? Tremendous !! budgetthis 12/05/16 05:19:19 PM
#33906   Saying that ARIOQ is a Lotto play - I-Glow 12/05/16 11:22:50 AM
#33905   You seem to have a talent for fake news?? kennypooh 12/05/16 10:39:38 AM
#33904   Apparently Robin and co. took all your diamonds kura 12/05/16 10:34:09 AM
#33903   Friday, September 16, 2016 surfkast 12/05/16 08:33:24 AM
#33902   Good Morning ARIOQ primecomm 12/05/16 07:33:28 AM
#33900   G/M_ARIOQ_!$$$!_ Stanner 12/05/16 06:24:09 AM
#33899   Stocks like ARIOQ are the reason my neck rdon 12/05/16 02:32:39 AM
#33896   Its funny to hear that the stock 'trades'. MasterBlastr 12/04/16 05:03:56 PM
#33895   You are saying it will trade even if bowlegtroy 12/04/16 02:53:41 PM
#33894   Good Morning ARIOQ primecomm 12/02/16 09:45:14 AM
#33893   G/M_ARIOQ_!$$$!_ Stanner 12/02/16 08:10:07 AM
#33892   Soon as starts trading everybody will load ASK BoilerRoom 12/02/16 06:09:22 AM
#33891   Yep, looks very good! KABOOM is coming, imo. Iron heart 12/02/16 03:05:46 AM
#33890   Hey we're still trading Hahahahaha BoilerRoom 12/02/16 12:56:28 AM
#33889   Yes....0.0010+ then ;-) ARIO Phonz 12/02/16 12:18:13 AM
#33888   Try buying any other no bid .0001 that MasterBlastr 12/01/16 04:01:14 PM
#33887   Imagine when you buy this lotto ticket on winnaar123 12/01/16 03:05:48 PM
#33886   Depends on who you ask....... jet101 12/01/16 01:18:03 PM
#33885   right group will come along and KABOOM - VegasRealtor8 12/01/16 12:53:21 PM
#33884   So why is this still trading... xero90 12/01/16 12:18:11 PM
#33883   Hey this one still in business..interesting~ SPARK 12/01/16 12:01:35 PM
#33882   ya never know....ARIOQ to da moon VegasRealtor8 12/01/16 11:07:58 AM
#33881   Probly a glitch, my TDA says 4.4b.. I 50chuck 12/01/16 11:02:30 AM
#33880   Not sure if it's an error but AMERITRADE Saremi777 12/01/16 10:28:12 AM
#33879   Once it starts actually doing 10 to 20 Saremi777 12/01/16 10:11:45 AM
#33878   Someone bought a couple, hmmmm! ARIOQ will never T.P.G. INVESTMENTS 12/01/16 10:07:48 AM
#33877   Good Morning ARIOQ primecomm 12/01/16 09:04:53 AM
#33876   G/M_ARIOQ_!$$$!_ALL Kinds of Evidence Pointing to_.0001s'_success_!$$$!_ARIO Stanner 12/01/16 08:17:04 AM
PostSubject