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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 5/24/2017 6:13:29 PM - Followers: 272 - Board type: Free - Posts Today: 20

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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ARIOQ
Current Price
Volume:
Bid Ask Day's Range
PostSubject
#36217  Sticky Note ARIOQ~don't let_SHORTY_&_HIS BOO-BIRDS_post you outofa .0001BK'speculation play_!$$$!_ Stanner 05/13/17 07:44:38 AM
#35550  Sticky Note Business entities under registered agent "ERVEN T. NELSON" Capstar 04/02/17 01:44:47 AM
#35083  Sticky Note I have not seen any definitive official document ranger_7 02/16/17 02:52:09 PM
#34572  Sticky Note What I KNOW is the ARIOQ shares are worthless. 1manband 01/24/17 03:58:32 PM
#32169  Sticky Note SHARES WILL BE CANCELLED THE CASE IS CLOSED! surfkast 09/30/16 04:09:23 PM
#22037  Sticky Note My information is factual and correct. The common 1manband 06/05/16 11:55:43 PM
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Admin [Dan] 06/05/16 04:56:37 PM
#36427   Here comes the volume folks! penny haven 05/24/17 06:13:29 PM
#36426   What's up!! I gave up on this yesterday Popeye 05/24/17 05:45:05 PM
#36425   Huge gains today!! penny haven 05/24/17 05:19:09 PM
#36424   You won't. james_west_1965 05/24/17 03:49:59 PM
#36423   "When a person sells, they get nothing @ 0.000000000000005." kennypooh 05/24/17 03:40:50 PM
#36422   More volume today ARIOQ MONEYBAGSCLAY 05/24/17 03:40:38 PM
#36421   Selling at this step is purely manipulation...and only allezlOM 05/24/17 03:12:00 PM
#36420   Why sell, that is my question? james_west_1965 05/24/17 03:07:57 PM
#36419   + 9900% !!...runnnnn banderas63 05/24/17 01:40:43 PM
#36418   Thanks lolol I needed a laugh. ghk 05/24/17 11:22:13 AM
#36417   Probably either drug or prostitution money being laundered kennypooh 05/24/17 11:21:22 AM
#36416   i like it value dat .0 in My abazaba375 05/24/17 11:09:27 AM
#36415   Still no 'MASSIVE TRANSACTIONS'? The public will lose kennypooh 05/24/17 11:07:33 AM
#36414   Inaccurate. If one wants to buy at the ghk 05/24/17 11:04:39 AM
#36413   Up up and running penny haven 05/24/17 10:43:57 AM
#36412   PURE MANIPULATION! surfkast 05/24/17 10:25:16 AM
#36411   Back up 100% sleepy17 05/24/17 10:22:01 AM
#36410   (-99.00%) surfkast 05/24/17 08:34:31 AM
#36409   G/M_ARIOQ_!$$$!_ Stanner 05/24/17 08:09:36 AM
#36408   Good Morning $ARIOQ primecomm 05/24/17 06:56:24 AM
#36407   Another day ARIOQ trading and another day with ranger_7 05/23/17 11:19:11 PM
#36403   Glady you see it too! Go $ARIOQ penny haven 05/23/17 10:46:18 PM
#36402   Look at the chart on your right . MasterBlastr 05/23/17 10:34:45 PM
#36401   BOB City baby! penny haven 05/23/17 10:28:22 PM
#36400   I'm a winner a winner I say! penny haven 05/23/17 10:27:38 PM
#36399   Some, yes. Others run around screaming - MasterBlastr 05/23/17 10:19:02 PM
#36398   LOL buy what . . . I just MasterBlastr 05/23/17 10:08:05 PM
#36397   NICE movement penny haven 05/23/17 09:14:51 PM
#36396   0.000001 -0.000099 (-99.00%) surfkast 05/23/17 08:12:54 PM
#36395   Horrible stock here feel sorry for some people here BoilerRoom 05/23/17 07:57:18 PM
#36394   New eyes viewing this gem here today! $ARIOQ penny haven 05/23/17 07:42:55 PM
#36393   More of a rhetorical question directed to post LDIGGIDY 05/23/17 07:41:59 PM
#36392   You think people stuck here don't have shares? CRAZY $$$$$$$ 05/23/17 07:40:06 PM
#36391   0.000001 CRAZY $$$$$$$ 05/23/17 07:38:17 PM
#36390   How were shares traded today if the OS LDIGGIDY 05/23/17 07:30:22 PM
#36389   Kenny thanks a bunch but WE are moving higher! penny haven 05/23/17 06:33:31 PM
#36388   Prior to filing bankruptcy, ARIO had a 4.4 kennypooh 05/23/17 06:28:52 PM
#36387   Wow what a day with a huge spike penny haven 05/23/17 06:21:12 PM
#36386   ARIOQ~certain MMs' are very worried__short positions__GO_ARIO_!$$$!__!$$$!_ Stanner 05/23/17 06:18:20 PM
#36383   What happened here? AZIRO 05/23/17 05:51:46 PM
#36382   Buy fear right? ARIOQ T.P.G. INVESTMENTS 05/23/17 05:43:25 PM
#36381   Didn't know the SS was updated last one MONEYBAGSCLAY 05/23/17 04:57:12 PM
#36380   Someone sold 3 Million shares at 0.000001 just I-Glow 05/23/17 04:23:07 PM
#36379   Just s matter of time before we fly! penny haven 05/23/17 04:16:49 PM
#36378   Moneybagsclay The outstanding shares for ARIOQ is listed as james_west_1965 05/23/17 04:14:36 PM
#36377   Volume continues here day after day. Waiting stockpicker1 05/23/17 03:53:29 PM
#36376   just people selling with market order. they LDIGGIDY 05/23/17 03:40:47 PM
#36375   -50% ouchhh banderas63 05/23/17 02:39:47 PM
#36374   can company dilute while the Q attached?....If not jokerwild477 05/23/17 01:04:38 PM
#36373   Not saying it's liquid! just saying it's definitely quoted LDIGGIDY 05/23/17 12:53:26 PM
PostSubject