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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 9/22/2017 7:32:11 PM - Followers: 269 - Board type: Free - Posts Today: 5

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
#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_!$$$!_ Stanner 05/13/17 07:44:38 AM
#35083  Sticky Note I have not seen any definitive official document ranger_7 02/16/17 02:52:09 PM
#34572  Sticky Note What I KNOW is the ARIOQ shares are worthless. 1manband 01/24/17 03:58:32 PM
#22037  Sticky Note My information is factual and correct. The common 1manband 06/05/16 11:55:43 PM
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Admin [Dan] 06/05/16 04:56:37 PM
#37222   Gotta love $ARIOQ! penny haven 09/22/17 07:32:11 PM
#37221   LOL you mean the shares that were cancelled ranger_7 09/22/17 06:22:13 PM
#37220   Even if the Q somehow miraculously drops,the present surfkast 09/22/17 03:46:19 PM
#37219   Very soon here imo we hear something. stockpicker1 09/22/17 03:19:45 PM
#37218   Good Morning $ARIOQ primecomm 09/22/17 07:27:16 AM
#37217   WE ARE ALL STILL HERE, WAITING PATIENTLY FOR halbroke1 09/21/17 11:16:18 PM
#37215   G/M_ARIOQ_!$$$!_ Stanner 09/21/17 10:43:01 AM
#37214   Good Morning $ARIOQ primecomm 09/21/17 07:06:55 AM
#37213   Yes sir! We are golden!! ranger_7 09/20/17 09:26:44 PM
#37212   Moving northward! penny haven 09/20/17 07:33:44 PM
#37211   Yes and someone just dumped another $100 in MasterBlastr 09/20/17 09:57:10 AM
#37210   1M volume already - it's a minute after ranger_7 09/20/17 09:33:36 AM
#37207   And still has the Q and still at I-Glow 09/20/17 08:09:08 AM
#37205   Good Morning $ARIOQ primecomm 09/20/17 06:46:14 AM
#37204   You guys still playing with this corpse - MasterBlastr 09/20/17 05:37:11 AM
#37203   Billy the goat is on our side - ranger_7 09/19/17 11:03:45 PM
#37202   Trade good money for stock you can't sell MasterBlastr 09/19/17 09:20:20 PM
#37201   Key word is "trading" - yes it is ranger_7 09/19/17 08:46:50 PM
#37200   Locked and loaded! $ARIOQ penny haven 09/19/17 08:35:53 PM
#37198   It is only trading electronically. No asset value surfkast 09/19/17 08:01:25 PM
#37197   Maybe it's time we start seeing volume again:-) Flex1luvv 09/19/17 07:29:32 PM
#37196   That's 100% correct Ranger!! ARIOQ Gonna get Wild T.P.G. INVESTMENTS 09/19/17 06:47:04 PM
#37194   Yes case is closed and done but the ranger_7 09/19/17 06:24:00 PM
#37193   Still trading! penny haven 09/19/17 05:43:17 PM
#37191   ARIOQ shares have already been cancelled. It is over. 1manband 09/19/17 03:57:45 PM
#37190   Case is closed. Over. Done. Kaput! Finito! surfkast 09/19/17 03:55:40 PM
#37189   Lol just because a company files bankruptcy doesn't caseyryan1986 09/19/17 03:53:05 PM
#37188   Hopefully the attorney will finally file to cancel it. surfkast 09/19/17 03:48:47 PM
#37187   I bought some a couple weeks ago. Something caseyryan1986 09/19/17 03:45:51 PM
#37186   Brokerages usually will not honor trades in questionable stocks. surfkast 09/19/17 03:44:10 PM
#37185   I never stated good or bad, but to caseyryan1986 09/19/17 03:41:17 PM
#37184   What is the connection between cancelled orders and surfkast 09/19/17 03:39:55 PM
#37183   All the whales swarming! $ARIOQ penny haven 09/19/17 03:39:30 PM
#37182   Nice! Waiting patiently here. ranger_7 09/19/17 03:37:25 PM
#37181   I tried to buy ARIOQ all day and caseyryan1986 09/19/17 03:19:26 PM
#37180   Good Morning $ARIOQ primecomm 09/19/17 08:05:46 AM
#37176   Do you remember the mini run it had ranger_7 09/18/17 09:38:55 PM
#37174   One - i didn't lose here, all free ranger_7 09/18/17 09:36:46 PM
#37172   Yes it took me from losing money to ranger_7 09/18/17 09:33:33 PM
#37170   I don't believe anyone, just FYI. If ranger_7 09/18/17 09:24:02 PM
#37169   You didn't believe him ???? MasterBlastr 09/18/17 08:32:52 PM
#37168   LMFAO stop joking man ranger_7 09/18/17 06:16:01 PM
#37167   Yes, it was trading there briefly. I managed totffe 09/18/17 05:06:30 PM
#37166   Still trading here. Long time for a Q stockpicker1 09/18/17 11:26:17 AM
#37165   My account shows arioq at $1.00 pps caseyryan1986 09/18/17 11:23:25 AM
#37164   Good Morning $ARIOQ primecomm 09/18/17 07:35:12 AM
#37163   Thanks for a good laugh! ranger_7 09/17/17 02:03:45 PM
#37162   Oh no . . . he doesn't have MasterBlastr 09/17/17 01:54:45 PM
#37160   I think he is teasing you. If ranger_7 09/17/17 07:56:36 AM
#37157   NOVA TIME.... isreal 09/17/17 03:04:44 AM
PostSubject