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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 6/28/2017 10:05:13 AM - Followers: 270 - Board type: Free - Posts Today: 2

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
#36521  Sticky Note SHARES WILL BE CANCELLED THE CASE IS CLOSED! surfkast 06/13/17 08:08:15 AM
#36217  Sticky Note ARIOQ~don't let_SHORTY_&_HIS BOO-BIRDS_post you outofa .0001BK'speculation play_!$$$!_ Stanner 05/13/17 07:44:38 AM
#35550  Sticky Note Business entities under registered agent "ERVEN T. NELSON" Capstar 04/02/17 01:44:47 AM
#35083  Sticky Note I have not seen any definitive official document ranger_7 02/16/17 02:52:09 PM
#34572  Sticky Note What I KNOW is the ARIOQ shares are worthless. 1manband 01/24/17 03:58:32 PM
#22037  Sticky Note My information is factual and correct. The common 1manband 06/05/16 11:55:43 PM
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Admin [Dan] 06/05/16 04:56:37 PM
#36593   G/M_ARIOQ_!$$$!_ Stanner 06/28/17 10:05:13 AM
#36592   Good Morning $ARIOQ primecomm 06/28/17 07:53:10 AM
#36591   Good Morning $ARIOQ primecomm 06/27/17 08:08:16 AM
#36590   G/M_ARIOQ_!$$$!_ Stanner 06/27/17 06:36:38 AM
#36589   Nice 1 trade today at a penny. stockpicker1 06/26/17 12:26:15 PM
#36588   G/M_ARIOQ_!$$$!_I'm thinking this week is the week_!$$$!_ Stanner 06/26/17 07:55:32 AM
#36587   Good Morning $ARIOQ primecomm 06/26/17 07:05:02 AM
#36586   Good Morning $ARIOQ primecomm 06/23/17 08:45:33 AM
#36585   G/M_ARIOQ_!$$$!_we are going to hear something_!$$$!_ Stanner 06/23/17 06:39:26 AM
#36584   Good Morning $ARIOQ primecomm 06/22/17 07:36:01 AM
#36583   G/M_ARIOQ_!$$$!_ Stanner 06/22/17 07:35:21 AM
#36582   Good Morning $ARIOQ primecomm 06/21/17 06:55:37 AM
#36581   G/M_ARIOQ_!$$$!_ Stanner 06/21/17 06:44:10 AM
#36580   Good Morning $ARIOQ primecomm 06/20/17 08:11:23 AM
#36579   G/M_ARIOQ_!$$$!_ Stanner 06/20/17 06:47:21 AM
#36578   You mean you guys been floating in this MasterBlastr 06/19/17 10:59:32 PM
#36577   MAYBE THE SYMBOL WILL BE FINALLY REVOKED THIS surfkast 06/19/17 06:52:28 PM
#36576   July 21 = Key date!?! Capstar 06/19/17 05:50:27 PM
#36575   Good Morning $ARIOQ primecomm 06/19/17 07:14:59 AM
#36574   G/M_ARIOQ_!$$$!_ Stanner 06/19/17 06:28:19 AM
#36573   True dat . . . MasterBlastr 06/17/17 12:29:19 AM
#36572   Your job is your job. Do what you ghk 06/17/17 12:28:19 AM
#36571   Its kind of like visiting the zoo, except MasterBlastr 06/17/17 12:26:21 AM
#36570   Are you suggesting that you'll be my friend ghk 06/17/17 12:22:28 AM
#36569   Could be - remember TWA Trans World Airlines MasterBlastr 06/17/17 12:21:00 AM
#36568   Very thoughtful. Thank you. I'm guessing that I'll ghk 06/17/17 12:18:36 AM
#36567   LOL like digging out of a grave with MasterBlastr 06/17/17 12:11:10 AM
#36566   So you agree, the shares are perfectly tradable?...honk...snort ghk 06/16/17 11:58:01 PM
#36565   But Hof, the genius, allowed you guys to MasterBlastr 06/16/17 11:57:50 PM
#36564   400+ million shares on the ask, with a MasterBlastr 06/16/17 11:55:55 PM
#36563   MB, it would take a while at the ghk 06/16/17 11:29:41 PM
#36562   Trade what? Money for something you can't get MasterBlastr 06/16/17 11:24:31 PM
#36560   He still should have pushed the button..end of isreal 06/16/17 10:19:10 PM
#36559   No, no, no . . . this is MasterBlastr 06/16/17 10:17:05 PM
#36558   Someone sure is too Lazy..too click a button, isreal 06/16/17 09:13:44 PM
#36557   Good morning! stockpicker1 06/16/17 08:30:39 AM
#36556   Good Morning $ARIOQ primecomm 06/16/17 07:31:03 AM
#36555   G/M_ARIOQ_!$$$!_out with the old,in with the new_!$$$!_ Stanner 06/16/17 06:54:03 AM
#36553   I love Robbins . . . I really MasterBlastr 06/15/17 10:03:05 PM
#36552   Yes it can, and will!!! ARIOQ T.P.G. INVESTMENTS 06/15/17 05:12:50 PM
#36551   You are correct AS is only 1 billion....but jet101 06/15/17 12:59:03 PM
#36550   Agreed. If shares were cancelled this would have stockpicker1 06/15/17 12:37:18 PM
#36549   AS is only 1 billion this could be YUGE!! ChartMasterpieces 06/15/17 12:20:30 PM
#36548   Robins gets the new shares issued - the I-Glow 06/15/17 11:02:02 AM
#36547   G/M_ARIOQ_!$$$!_ Stanner 06/15/17 07:33:20 AM
#36546   Good Morning $ARIOQ primecomm 06/15/17 07:00:39 AM
#36545   It could take years . . . zombies MasterBlastr 06/14/17 09:33:58 PM
#36544   ARIOQ~JUDGES RULING STANDS_!$$$!_at least two individuals are to Stanner 06/14/17 04:14:38 PM
#36543   ARIOQ~POR CONFIRMED__Nevada Business license renewed_!$$$!_current status Stanner 06/14/17 04:07:06 PM
#36541   At some point.... LDIGGIDY 06/14/17 03:25:49 PM
PostSubject