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How many shares on the ask today?
Perfect! You need to sticky post #13400 if you're added as mod.
Thanks!
We need one more mod to add The marketing agreement. A mod can only add one sticky.
Thanks GreenMachine!
I added myself ass moderator, hope they will allow it.
How can we get one? We need to upgrade this board to attract new people.
$ARIOQ
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.”
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.”
Can someone please sticky the 3 posts below. Thanks in advance!
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
* AMERIREOURCE 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
AmeriResource Technologies
>> Bankruptcy Time-Line ~
https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc
July 21, 2015 AmeriResource Files Chapter 11 Petition
http://www.turnaroundletter.com/blogs/15-bankruptcy-news/post/29798-ameriresource-341-meeting
http://bankruptcompanynews.com/ameriresource-dip-financing-11-30-15/
$ARIOQ
AmeriResource Technologies >>Bankruptcy Time-Line ~
https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc
July 21, 2015 AmeriResource Files Chapter 11 Petition
http://www.turnaroundletter.com/blogs/15-bankruptcy-news/post/29798-ameriresource-341-meeting
http://bankruptcompanynews.com/ameriresource-dip-financing-11-30-15/
Verstuurd vanaf mijn iPhone
There's a written agreement, that's The best we have got in all those years. So I think there's more then hope now.
$ARIOQ
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
* AMERIREOURCE TECHNOLOGIES, INC ~ William R. Robins, President
$ARIOQ
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
One of the main reasons in my opinion is that Delmar owns 80% of the float. He will not want to sell at these pricelevel or even lose his shares. The marketing agreement is a big sign that something is brewing here..
Can someone please bundle and sticky all the new information. We need to upgrade this board to attract new people.
80% of the OS is in hands of Delmar, around 1 billion is the float and there is an ask of 250-300 million.
We only need one trigger to start this party! Without news and with some volume we can easily see $0.001. With news and volume it will go crazy!
Waiting for (big) news here, and it will come!
How many on the ask today?
Can someone bundle and sticky all those information? A fresh start, means a fresh board!
We are number one on the breakout boards!
I'm ready to pull the trigger later today. I hope some more volume will come in and this will hit the radar!
How many 1's on the ask?
What's The OS here btw?
Yes, correct! I pulled down my sell order and now I Maybe want to buy some more. Good news coming...
I still have my shares and will wait and see what's gonna happen. There's hope!
News this week?
This one is on my watchlist, getting ready to buy some next week.
51 million vs 89 million
Bid is growing: 45mil+ now
Bid is growing, 20 million now
Stockpiles: Cubex 3D printers, that's a product from 3D Systems (NYSE: DDD)!!!
I'm ready!
12.5 million shares long and strong! Let's do this together as one team and hold for a long time!
Penny's are coming!
Only 15 million at the ask and 450 million at The bid!
Volume is coming back..
2's are getting hard to get. This will be The bottom till news hits.
If you go to The workspace on their website and look at all the information about real companies all over The world. Why would they use that info if they don't work with them? You can even call a company and ask about sooum. I did, and now I know for sure they're working hard. So please stop posting things that aren't true and move on. You lost your credebility for good.