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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 12/12/2017 6:08:41 PM - Followers: 270 - 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.


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PostSubject
#37559  Sticky Note Zombie ticker in a coma. No company exists, Homebrew 10/31/17 10:42:19 PM
#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
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Dan (Retired) 06/05/16 04:56:37 PM
#37740   Generous or not, it doesn’t change the fact ranger_7 12/12/17 06:08:41 PM
#37739   You are right - I was being extremely I-Glow 12/05/17 12:56:29 PM
#37738   I think $462 is being generous, I think jet101 12/05/17 11:05:17 AM
#37737   ARIOQ LIVES ON.... artmaniac 12/05/17 09:57:19 AM
#37735   In the last 20 trading days - 17 I-Glow 12/05/17 09:30:08 AM
#37734   I agree - with recent volume it’s looking ranger_7 12/03/17 12:43:49 AM
#37726   Making great strides! penny haven 12/02/17 10:02:15 AM
#37724   Law Firm Of surfkast 11/30/17 09:45:34 AM
#37723   And we're off! $ARIOQ penny haven 11/30/17 08:36:43 AM
#37722   Do what you want but the emails are jet101 11/30/17 07:12:21 AM
#37721   I want to believe you, but anyone can Iron heart 11/30/17 02:26:44 AM
#37720   Well then rather total loss, that's nonsense! Iron heart 11/30/17 02:22:03 AM
#37719   You are a winner sleepy17 11/29/17 10:59:44 PM
#37718   Getting giddy! penny haven 11/29/17 09:12:16 PM
#37717   Anyway you got money in your pocket - MasterBlastr 11/29/17 09:08:02 PM
#37716   I bought @ .0001 and sold @ .00001 :-) CRAZY $$$ 11/29/17 09:02:34 PM
#37715   The date is June 6th 2016. LMAO sleepy17 11/29/17 10:38:49 AM
#37714   Hofmeister email surfkast 11/29/17 10:09:58 AM
#37712   I'm just sitting here with kind of a MasterBlastr 11/29/17 09:30:20 AM
#37711   so be it...just to see your reaction artmaniac 11/29/17 09:02:53 AM
#37710   Well you have to wait . . . forever. MasterBlastr 11/29/17 05:16:34 AM
#37709   Tis the season for profits in $ARIOQ! penny haven 11/29/17 12:58:32 AM
#37708   cant wait to see this zombie ticker come artmaniac 11/28/17 10:47:53 PM
#37707   They just know another $61.85 got wasted. MasterBlastr 11/28/17 09:36:50 PM
#37706   Santa is packing the gift of ARIO!!! maximus14 11/28/17 08:03:15 PM
#37705   He obviously didn’t notify FINRA because it isn’t ranger_7 11/28/17 06:43:16 PM
#37704   Somebody knows something! penny haven 11/28/17 03:31:07 PM
#37703   Volume today is dazzling. Did someone start Boot Hill 11/28/17 02:07:24 PM
#37701   If he filed FINRA would have revoked the surfkast 11/28/17 09:55:12 AM
#37700   The POR isn't a a la carte menu I-Glow 11/28/17 09:52:19 AM
#37699   Why is the Q still in place if I-Glow 11/28/17 09:47:40 AM
#37698   Have you tried a small purchase through your broker? surfkast 11/28/17 08:40:43 AM
#37697   They are in your account, but they have MasterBlastr 11/27/17 10:04:13 PM
#37696   Right on, it is being repeated that shares ranger_7 11/27/17 06:36:01 PM
#37695   The Common shares have been cancelled pursuant to 1manband 11/27/17 02:57:16 PM
#37694   No not gone. Still in my account and 50chuck 11/27/17 02:53:17 PM
#37693   Sorry, but the shares have been cancelled. 1manband 11/27/17 02:42:03 PM
#37692   Except for the part that they are AUTHORIZED 50chuck 11/27/17 02:38:48 PM
#37691   Don't get me wrong, I also want to Iron heart 11/27/17 09:00:06 AM
#37690   Good Morning $ARIOQ primecomm 11/27/17 07:10:51 AM
#37689   ARIOQ MONSTER WILL RISE...COULD ANYDAY...WE HAVE PATIENCE, I halbroke1 11/26/17 10:31:54 PM
#37688   Oh well let's continue to trade in until penny haven 11/26/17 08:22:43 AM
#37687   Correct BoilerRoom 11/25/17 09:19:56 PM
#37686   This may help some better understand. 1manband 11/25/17 08:23:49 PM
#37685   ARIOQ total loss here this will never go BoilerRoom 11/25/17 01:18:24 PM
#37684   LMFAO the stock is still 'trading' - look MasterBlastr 11/25/17 01:14:45 PM
#37683   ARIOQ $$$$$ ON HUGE WATCH...ONE OF THESE DAY..BOOOOMMMMM !!!! halbroke1 11/25/17 12:46:03 PM
#37682   LMFAO - the stock is still trading, isn't ranger_7 11/25/17 12:17:08 AM
#37679   Then why is the Q still in place? If I-Glow 11/24/17 09:34:48 AM
#37678   It is entertaining to watch a zombie stock MasterBlastr 11/24/17 03:33:18 AM
PostSubject