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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 10/28/2016 3:09:21 PM - Followers: 292 - Board type: Free - Posts Today: 19

Plan of Reorganization 

Amended 4/29/16 ~

Bankruptcy (chapter 11) Time-Line ~,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 - 

- More info about their product that will generate profit:

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.”


* 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 


* 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: 


* 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

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#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 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
#33528   I have never once said ARIOQ would be I-Glow 10/28/16 03:05:22 PM
#33526   And you have been saying this would be ranger_7 10/28/16 02:45:00 PM
#33524   You have been saying there is going to I-Glow 10/28/16 12:26:08 PM
#33523   "I said it's my opinion and it won't kennypooh 10/28/16 12:25:01 PM
#33522   Did you read my post? I said ranger_7 10/28/16 11:22:40 AM
#33521   You posted: There were no firm news saying I-Glow 10/28/16 08:41:01 AM
#33520   Still trading here ??? Cool.... !! budgetthis 10/28/16 07:21:05 AM
#33519   Good Morning ARIOQ primecomm 10/28/16 07:17:27 AM
#33518   G/M_ARIOQ_!$$$!_AWESOME .0001 BK SPECULATION PLAY HERE_!$$$!_for the thrilll Stanner 10/28/16 07:07:36 AM
#33517   Awesome trade! penny haven 10/28/16 06:47:34 AM
#33516   Terrible trade? From what you say you lost T.P.G. INVESTMENTS 10/28/16 04:39:56 AM
#33514   Very nice post, ranger! GLTY Iron heart 10/28/16 02:50:29 AM
#33513   So much alive nobody even wants to buy BoilerRoom 10/28/16 01:48:28 AM
#33512   ARIOQ~at this stage in the game_ARIOQ_very much alive_!$$$!_HOT Stanner 10/28/16 01:04:35 AM
#33511   Correct my ex brother in law works for BoilerRoom 10/28/16 12:16:57 AM
#33510   Do you think SEC would allow this to 1manband 10/27/16 11:12:36 PM
#33509   It is possible that all creditors need to MasterBlastr 10/27/16 11:12:12 PM
#33508   Very true ranger. Our wallets will be very fat. ARIO Phonz 10/27/16 10:37:01 PM
#33507   I think that there is something that we ranger_7 10/27/16 10:25:39 PM
#33506   Thats fine, Ranger. What would make ANY MasterBlastr 10/27/16 10:18:40 PM
#33505   This is OTC, happens all the time. ranger_7 10/27/16 10:05:41 PM
#33504   not really......but OK jet101 10/27/16 09:43:21 PM
#33503   Awesome! penny haven 10/27/16 09:28:06 PM
#33502   There IS - really. I have never MasterBlastr 10/27/16 09:19:28 PM
#33501   Lets just say I have a good feeling ranger_7 10/27/16 09:18:55 PM
#33499   Read the POR his plan is to cancel jet101 10/27/16 09:08:12 PM
#33498   Why is that positive can you explain please? jet101 10/27/16 09:03:27 PM
#33497   Yea, terrible trade... Wonder if it will trade BoilerRoom 10/27/16 07:45:42 PM
#33495   Lots of people stuck with .0001 :-( Weird·o 10/27/16 07:26:21 PM
#33493   you dont know for sure about ARIOQ 1manband 10/27/16 07:24:35 PM
#33492   Pardon me? This is perhaps the most basic 1manband 10/27/16 07:21:27 PM
#33490   thats just dont know for sure about artmaniac 10/27/16 07:16:46 PM
#33489   Because every corporation has shares? Even private companies 1manband 10/27/16 07:05:53 PM
#33488   Just waiting . . . like a bad MasterBlastr 10/27/16 06:54:46 PM
#33487   So I'm confused, you said they went private, T.P.G. INVESTMENTS 10/27/16 06:54:02 PM
#33486   What am I going to do with all MasterBlastr 10/27/16 06:49:56 PM
#33484   A forever night MB BuildingCoin1 10/27/16 06:45:18 PM
#33483   Sorry to keep you waiting . . . MasterBlastr 10/27/16 06:36:25 PM
#33482   Wow, great news indeed! Nothing but positive ranger_7 10/27/16 06:25:37 PM
#33480   In few years? LOL It was matter ranger_7 10/27/16 06:23:20 PM
#33479   There are tons of stocks with no volume ranger_7 10/27/16 06:22:04 PM
#33478   When the company won't pay OTC Markets to MasterBlastr 10/27/16 05:32:48 PM
#33477   Explanation? Grey Market Definition / Investopedia pdh53 10/27/16 05:21:33 PM
#33476   Eventually, it will go to the Greys. MasterBlastr 10/27/16 05:03:20 PM
#33474   how's that volume? lucky,mydog 10/27/16 04:31:13 PM
#33473   arioq still trades and thats all that it artmaniac 10/27/16 04:27:42 PM
#33472   And what is your basis of disagreement? Everything 1manband 10/27/16 04:21:41 PM
#33470   1manband i respectfully disagree artmaniac 10/27/16 04:16:11 PM
#33469   I appreciate the detailed explanation. The posts pdh53 10/27/16 04:14:42 PM
#33468   ARIOQ Ask Keepsgrowing BoilerRoom 10/27/16 03:58:08 PM