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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 10/19/2017 2:52:29 AM - Followers: 269 - Board type: Free - Posts Today: 1

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
#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 Dan (Retired) 06/05/16 04:56:37 PM
#37491   ARIOQ >>> COULD BE GETTING CLOSER AND CLOSER halbroke1 10/19/17 02:52:29 AM
#37490   We’ve been having volume - someone is quietly loading. ranger_7 10/18/17 11:47:36 PM
#37489   Holy batman we have volume penny haven 10/18/17 08:20:42 PM
#37488   Good morning ARIOQ... maximus14 10/18/17 07:52:53 AM
#37487   Good Morning $ARIOQ primecomm 10/18/17 06:48:28 AM
#37486   Good Morning $ARIOQ primecomm 10/17/17 08:26:54 AM
#37485   I'll have to hand it to Hof and MasterBlastr 10/16/17 09:19:00 PM
#37484   The Q will never drop. It could MasterBlastr 10/16/17 09:10:42 PM
#37483   http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123108877 surfkast 10/16/17 09:13:19 AM
#37481   Good morning ARIOQ!!! maximus14 10/16/17 08:55:44 AM
#37480   When the Q drops so will the ARIO. IG I-Glow 10/16/17 08:50:26 AM
#37479   The last filing was for the 2008 September I-Glow 10/16/17 08:31:04 AM
#37478   Good Morning $ARIOQ primecomm 10/16/17 06:36:10 AM
#37477   Should be a good week here! penny haven 10/15/17 08:11:52 PM
#37476   I agree! penny haven 10/15/17 03:35:19 PM
#37475   Nothing further from the truth - when Q ranger_7 10/15/17 09:31:03 AM
#37474   Time for the northward move! penny haven 10/14/17 10:38:57 PM
#37473   If by some quirk, the Q gets dropped surfkast 10/14/17 09:00:54 PM
#37472   ARIOQ...EXPLOSION COULD BE VERY CLOSE...FILINGS/ NEWS IS WAY halbroke1 10/14/17 07:36:02 PM
#37471   Good Morning $ARIOQ primecomm 10/13/17 07:19:47 AM
#37470   Yes I agree. Judging on the recent ranger_7 10/12/17 10:25:55 PM
#37469   ARIOQ..WILL EXPLODE WHEN WE LEAST KNOW IT !!!, halbroke1 10/12/17 07:50:50 PM
#37468   Sorry that was supposed to be a big aphish27 10/12/17 12:28:54 PM
#37467   ?? aphish27 10/12/17 12:27:44 PM
#37466   True but the company has never been in jet101 10/12/17 12:06:29 PM
#37465   Moving on up penny haven 10/12/17 10:42:38 AM
#37464   sosnevada erven t nelson new company the appie 10/12/17 10:14:39 AM
#37463   Google Finance also has Zero volume. IG I-Glow 10/12/17 10:09:34 AM
#37462   Yes, Robbins said the shares would be canceled. james_west_1965 10/12/17 09:46:08 AM
#37461   Good morning ARIOQ!!! Is today the day... maximus14 10/12/17 08:36:59 AM
#37460   Good Morning $ARIOQ primecomm 10/12/17 08:30:19 AM
#37459   Not really sure why but also check out jet101 10/12/17 07:26:04 AM
#37458   Yes very strange, and your friends are really T.P.G. INVESTMENTS 10/12/17 04:38:12 AM
#37457   Yes I saw that as well. I ranger_7 10/11/17 10:52:08 PM
#37456   Let's get that volume started! $ARIOQ penny haven 10/11/17 09:21:13 PM
#37455   Why is Yahoo finance showing 24 million traded T.P.G. INVESTMENTS 10/11/17 05:36:41 PM
#37454   He's a dipshit that's why... isreal 10/11/17 04:42:29 PM
#37453   The shares may trade forever, but there are surfkast 10/11/17 11:23:19 AM
#37452   Thanks just putting out what I have on this. jet101 10/11/17 10:26:47 AM
#37451   strange that a powerfull man like erven t appie 10/11/17 10:15:32 AM
#37450   Someone should distribute toilet paper with ARIOQ printed Homebrew 10/11/17 10:13:38 AM
#37449   Excellent post Jet - great DD! I-Glow 10/11/17 10:12:39 AM
#37448   Did you read the article you linked to I-Glow 10/11/17 10:09:59 AM
#37447   That isn't close to being accurate - where I-Glow 10/11/17 09:56:33 AM
#37446   What I posted was an email directly from jet101 10/11/17 09:56:08 AM
#37445   Ranger7 Be sure to read my post before this james_west_1965 10/11/17 09:05:07 AM
#37444   Good morning ARIOQ... maximus14 10/11/17 09:00:10 AM
#37443   Here is why it is still trading. james_west_1965 10/11/17 08:56:10 AM
#37442   Good Morning $ARIOQ primecomm 10/11/17 06:54:27 AM
#37441   Looks that few hundred millions trading day coming ! allezlOM 10/11/17 06:02:47 AM
PostSubject