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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 8/23/2017 11:17:01 AM - Followers: 269 - Board type: Free - Posts Today: 3

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
#36980   Let's tap the ask a get this on smogtech19 08/23/17 11:17:01 AM
#36800  Sticky Note 8/1/2017 Entity Actions for "PAYROLL FUNDING CORPORATION" Capstar 08/07/17 05:25:32 PM
#36217  Sticky Note ARIOQ~don't let_SHORTY_&_HIS BOO-BIRDS_post you outofa .0001BK'speculation play_!$$$!_ Stanner 05/13/17 07:44:38 AM
#35083  Sticky Note I have not seen any definitive official document ranger_7 02/16/17 02:52:09 PM
#34572  Sticky Note What I KNOW is the ARIOQ shares are worthless. 1manband 01/24/17 03:58:32 PM
#22037  Sticky Note My information is factual and correct. The common 1manband 06/05/16 11:55:43 PM
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Admin [Dan] 06/05/16 04:56:37 PM
#36979   Someone wasted $1000 he didn't need, and another MasterBlastr 08/23/17 10:00:42 AM
#36978   G/M_ARIOQ_!$$$!_10 million share buy last week I belive_!$$$!_ Stanner 08/23/17 08:39:22 AM
#36977   You couldn't be more right!!! I agree 100%. ranger_7 08/22/17 09:04:57 PM
#36976   Can't write it off if it's says it's T.P.G. INVESTMENTS 08/22/17 06:31:08 PM
#36975   I think this one maybe a write off. 1manband 08/22/17 02:36:23 PM
#36974   When was the last trade? I think this spread19 08/22/17 02:34:53 PM
#36972   yada yada yada nothing but yada yada yada jokerwild477 08/22/17 08:30:52 AM
#36971   G/M_ARIOQ_!$$$!_ Stanner 08/22/17 05:59:34 AM
#36970   Tic Toc , I smell Ganja!! ARIOQ T.P.G. INVESTMENTS 08/21/17 04:45:19 PM
#36969   Ha ha yes the stock is pretty flat MasterBlastr 08/21/17 04:03:44 PM
#36968   We are talking about the stock not us. penny haven 08/21/17 04:02:08 PM
#36967   Looks kind of old and gray, really. MasterBlastr 08/21/17 03:30:33 PM
#36966   Still alive and well! $ARIOQ penny haven 08/21/17 03:08:00 PM
#36965   Not really as Robbins loves to keep the MasterBlastr 08/21/17 01:57:05 PM
#36964   That's amazing sleepy17 08/21/17 01:49:14 PM
#36963   Legal Document 73 Filed: 9/14/2016, Entered: None surfkast 08/21/17 01:05:12 PM
#36962   Some here keep insisting it is dead while ranger_7 08/21/17 12:10:54 PM
#36961   That is why there is a Q and surfkast 08/21/17 11:04:32 AM
#36960   Bankruptcy ?? gilbertduiker 08/21/17 10:59:16 AM
#36959   But they are happy, because its 'trading' . MasterBlastr 08/21/17 10:47:36 AM
#36958   Some just don't want to believe bankruptcy laws surfkast 08/21/17 10:15:26 AM
#36957   The monkey is patient , , , and MasterBlastr 08/21/17 09:37:10 AM
#36956   The "monkey pulling the plug scenario is getting 50chuck 08/21/17 09:07:29 AM
#36955   G/M_ARIOQ_!$$$!_ Stanner 08/21/17 08:36:32 AM
#36954   ARIO ANNOUNCEMENT COULD BE VERY CLOSE $$$$, Q halbroke1 08/21/17 12:59:10 AM
#36953   Let's goo!!!!!! Arioq is alive and kicking! ranger_7 08/20/17 09:09:36 PM
#36951   MJ season has started a little early this T.P.G. INVESTMENTS 08/20/17 06:58:05 PM
#36950   Book time! penny haven 08/19/17 04:47:14 PM
#36949   The monkey could pull the plug at any MasterBlastr 08/19/17 04:07:14 PM
#36948   People this will move higher in due time! penny haven 08/19/17 11:35:39 AM
#36947   where,when ,how come, why? jokerwild477 08/19/17 11:07:45 AM
#36946   Is the guppy dead? That would be MasterBlastr 08/19/17 09:54:44 AM
#36945   Can't wait!!!! It's been a while but ranger_7 08/19/17 08:52:47 AM
#36944   ARIOQ going to shock a few!!! WATCH!!! T.P.G. INVESTMENTS 08/19/17 07:25:06 AM
#36943   I flipped this for profit the day it MasterBlastr 08/18/17 10:40:14 PM
#36940   $ARIOQ is off to the moon! penny haven 08/18/17 08:24:03 PM
#36939   G/M_ARIOQ_!$$$!_ Stanner 08/18/17 08:31:59 AM
#36938   Oh yeah! Getting hotter in here! ARIOQ ranger_7 08/18/17 08:07:18 AM
#36937   Perhaps fairies riding herds of Unicorns sprinkling pixie-dust Homebrew 08/18/17 05:50:00 AM
#36936   Something's Burning Bud, it's coming!!! GL to u T.P.G. INVESTMENTS 08/18/17 05:00:52 AM
#36931   Fool's gold has no value... Amievil 08/17/17 11:59:38 PM
#36930   We are golden!!! Weeeeeee ranger_7 08/17/17 11:58:46 PM
#36929   Stop sign. Amievil 08/17/17 11:58:02 PM
#36928   I agree - patience is needed and we ranger_7 08/17/17 10:40:28 PM
#36927   I will still be here waiting as i stockpicker1 08/17/17 10:19:48 PM
#36926   $ARIOQ will rise like a Phoenix. penny haven 08/17/17 10:14:33 PM
#36922   Could have been, wouldn't have made a difference. MasterBlastr 08/17/17 10:01:09 PM
#36920   How does ARIOQ fall? Thats the beauty MasterBlastr 08/17/17 09:13:50 PM
#36919   Looks like we fell today with the broader penny haven 08/17/17 06:06:26 PM
PostSubject