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AmeriResource Technologies Inc. (ARIOQ)

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Last Post: 1/17/2018 9:52:35 PM - Followers: 269 - Board type: Free - Posts Today: 0

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
#37559  Sticky Note Zombie ticker in a coma. No company exists, Homebrew 10/31/17 10:42:19 PM
#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
#21791  Sticky Note The topic to be discussed here is ARIOQ. IH Dan (Retired) 06/05/16 04:56:37 PM
#37997   Like I said already before - you can ranger_7 01/17/18 09:29:23 PM
#37996   Look at the chart on your right. MasterBlastr 01/17/18 09:27:51 PM
#37995   Buahahaha - let me call the lawyer and ranger_7 01/17/18 09:26:37 PM
#37993   Buahahaha - ARIOQ is perfectly fine. Alive ranger_7 01/17/18 09:23:28 PM
#37992   Its still in the bubblegum smacking clerk's Out box. MasterBlastr 01/17/18 09:21:26 PM
#37990   The Q is still in place and what I-Glow 01/17/18 07:40:36 PM
#37989   Buahahahaha zombie ticker, lawyer forgot to notify FINRA ranger_7 01/17/18 10:05:08 AM
#37988   Oh yeah, that’s true. The lawyer forgot ranger_7 01/17/18 10:04:35 AM
#37987   It is a zombie ticker. One owns the surfkast 01/17/18 09:41:04 AM
#37986   Nonononono you see the the lawyer who did Snapehead 01/17/18 09:38:17 AM
#37985   Can you provide the document that shows ARIOQ ranger_7 01/17/18 09:30:41 AM
#37984   I can see the stock listed and I ranger_7 01/17/18 09:30:05 AM
#37983   Can you provide the address,telephone number, website and surfkast 01/17/18 09:28:32 AM
#37982   Buahahahaha ARIOQ doesn’t exist but it’s still trading? ranger_7 01/17/18 09:21:40 AM
#37981   How do you figure??? maximus14 01/17/18 09:10:38 AM
#37980   And now the case is closed. ARIOQ does surfkast 01/17/18 08:32:43 AM
#37979   I agree! It’s getting exciting here!! ranger_7 01/17/18 07:55:48 AM
#37978   ranger_7...I BET WE SEE MORE BIG VOLUME TOMMORROW...SOMETHING halbroke1 01/17/18 01:05:30 AM
#37977   Buahahahaha - 2 years ago ARIOQ was supposed ranger_7 01/17/18 12:08:02 AM
#37976   The company this stock is named after DOES MasterBlastr 01/17/18 12:06:32 AM
#37975   The company this stock is named after DOES MasterBlastr 01/17/18 12:06:28 AM
#37973   in 1987 they purchased a mr.coffee maker and Fiesta11 01/16/18 09:42:36 PM
#37971   Look at the date on this document - ranger_7 01/16/18 09:30:14 PM
#37970   Let's rock and roll! penny haven 01/16/18 09:28:45 PM
#37969   ARIOQ ~ Docket Posts # 70 to surfkast 01/16/18 09:15:56 PM
#37968   ARIOQ is worthless, as all the common shares 1manband 01/16/18 08:52:48 PM
#37967   How many times have you bought stock at Fiesta11 01/16/18 08:36:46 PM
#37965   Hells yeah!!! Great day for sure! ranger_7 01/16/18 08:16:04 PM
#37964   HUGE DAY..SOMEONE LOADING ARIOQ $$$$..BIG NEWS/FILINGS WAY OVERDUE.. halbroke1 01/16/18 07:52:11 PM
#37963   $ARIOQ SWEET! penny haven 01/16/18 07:12:44 PM
#37962   Awesome day in the neighborhood!!!!!!!!!!! penny haven 01/16/18 07:12:11 PM
#37960   Out of Sequence Trade (SEQ): An "out of surfkast 01/16/18 05:03:21 PM
#37959   Yup nice buy today! ARIOQ T.P.G. INVESTMENTS 01/16/18 04:54:29 PM
#37958   Nice volume today! Wow ranger_7 01/16/18 04:00:29 PM
#37957   Awakening of the beast...soon ? !!! allezlOM 01/16/18 03:55:36 PM
#37956   Nice volume! !! smogtech19 01/16/18 03:55:09 PM
#37955   Are we still moving to $1 soon? Thanks!!! Termite7 01/16/18 01:59:15 PM
#37954   Nothing that wants to make anyone want to MasterBlastr 01/14/18 07:54:51 PM
#37953   $ARIOQ the one to watch! penny haven 01/14/18 07:54:32 PM
#37952   Lots of things. ranger_7 01/14/18 07:04:07 PM
#37951   What am I wrong about? That this MasterBlastr 01/14/18 06:29:34 PM
#37949   LOL . . . buying . . . MasterBlastr 01/14/18 06:23:40 PM
#37948   Massive buying interest we have here! penny haven 01/14/18 03:44:11 PM
#37947   Buying? Looks more like 50 million dumped in surfkast 01/14/18 02:20:25 PM
#37946   Looks like someone needs more shares? Going penny haven 01/14/18 02:15:18 PM
#37943   What really matters is who in their right MasterBlastr 01/14/18 01:35:32 PM
#37942   Moving on up in penny land! penny haven 01/14/18 10:56:49 AM
#37941   Starting to gain momentum! $ARIOQ! penny haven 01/13/18 02:23:54 PM
#37940   Chart in trips means little, everyone knows that. ranger_7 01/13/18 10:27:42 AM
#37939   $ARIOQ! Amazing charts! penny haven 01/13/18 10:24:24 AM
PostSubject