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One big buy can be the trigger to pull this off!
Spread the word on some big boards!
1's are becoming rare so it can take some time.
After 1's there's a blue sky, expecting some big buys soon!
OTC STOCK PICKS - (11350 followers) 1 minute ago
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in http://dlvr.it/LCsWWJ #Pennystocks
Mezzanine financing increases the value of stock held by existing shareholders
Product Payroll Funding Co. = http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
#2 MOST ACTIVE STOCK TRADERS FORUM
5.Mezzanine financing increases the value of stock held by existing shareholders.
That's the reason why they want to take over $ARIOQ! They need common shares and use them to attract lenders. Lenders will profit if the company (and their stock) grows!
MEZZANINE FINANCING (Product of Payroll Funding CO.)
Mezzanine financing is a hybrid between debt and equity. In a multi-tiered financing of an operation, for instances, the sources of money will be senior debt, senior subordinated debt, subordinated debt, mezzanine debt, and finally the owner's own equity. In other words, the mezzanine lender is very close to being last to get paid if something goes wrong.
Mezzanine financing is a loan to the owner with terms that subordinate the loan both to different levels of senior debt as well as to secured junior debt. But the mezzanine lender typically has a warrant (meaning a legal right fixed in writing) enabling him or her to convert the security into equity at a predetermined price per share if the loan is not paid on time or in full. Many variants exist, of course, the most common being that a portion of the money is paid back as equity. Being unsecured and highly subordinated, mezzanine financing is very expensive, with lenders looking for 20 percent returns and up. Unless a market is very flush with money and "irrational exuberance" reigns (to use a phrase coined by the retired chairman of the Federal Reserve, Alan Greenspan), the mezzanine lender will be reluctant to lend unless the company has a high cash flow, a good history of earnings and growth, and stature within its industry. Mezzanine is decidedly not a source of start-up funding. Major sources of mezzanine financing include private investors, insurance companies, mutual funds, pension funds, and banks.
MEZZANINE MECHANICS
Financing programs or acquisitions by this mechanism typically involve some combination of lending by the source of money and provision of equity by the borrower. The narrowest case is one in which the lender lends cash and gets a warrant to convert the loan, or portions of it, to stock either any time at the lender's option or in the case of partial or complete default. More usually the following conditions prevail: A sum of money changes hands. Most of it is lent to the borrower at an interest rate but a portion of it is in the form of a favorable sale of equity. In addition there may also be a warrant for the lender and restrictive covenants under which the lender is further protected. The loan will typically fetch an interest rate well above the prime rate and will be for a period of four to eight years.
In the ideal case, the mezzanine financier anticipates earning a high interest on the loan and rapid appreciation of the equity he or she has acquired (or can acquire at a low price with the warrant). Mezzanine financing is typically used in acquisitions based on leveraged buyouts in which all of the investors, not least the mezzanine financier, anticipate cashing out by taking the business public again and refinancing it after the acquisition. Thus the equity can be turned into cash with a substantial gain on the capital. In the event of a failure, the mezzanine lender has little recourse except to influence the company's turnaround by using its stock acquired by means of the warrant.
The borrower turns to mezzanine lenders because he or she cannot acquire capital by other means for lack of collateral or because its finances cannot attract less expensive lending. The price of the money, of course, is high due to high rates of interest, but the owner is betting on being able to repay the loan without yielding too much control.
THE PROS AND CONS
Advantages
1.The owner rarely loses outright control of the company or its direction. Provided the company continues to grow and prosper, its owners are unlikely to encounter any interference from the mezzanine lender.
2.The method offers a lot of flexibility in shaping amortization schedules and the rules of the borrowing itself, not least specifying special conditions for repayment.
3.Lenders willing to enter into the world of mezzanine financing tend to be long-term investors rather than people looking to make a quick killing.
4.Mezzanine lenders can provide valuable strategic assistance.
5.Mezzanine financing increases the value of stock held by existing shareholders.
6.Most importantly, mezzanine financing provides business owners with the capital they need to acquire another business or expand into another production or market area.
4. Class(es) of Interest Holders
Interest holders are the parties who hold ownership interest (i.e., equity interest) in the Debtor.
If the Debtor is a corporation, entities holding preferred or common stock in the Debtor are interest
holders. If the Debtor is a partnership, the interest holders include both general and limited partners.
If the Debtor is an individual, the Debtor is the interest holder. The following chart identifies the Plan’s
treatment of the class of interest holders:
1. Delmar Janovec - 80% ownership of preferred stock
= Yes All old equity/membership interests
shall be extinguished and receive no
distribution or value.
2. Fractional Shareholders - This class also includes all shareholders listed in the Debtor’s Schedule F.
= Yes All old equity/membership interests
shall be extinguished and receive no
distribution or value.
3. Douglas J. Horton - Proof of Claim No. 2 as a secured
claim. Motion to be filed to modify claim to equity holder.
= Yes All old equity/membership interests
shall be extinguished and receive no
distribution or value.
Shares that will be extinguished:
- Delmar Janovec
- Fractional Shareholders
- Douglas J. Horton
NO mention of Common shares. And if the attorney mentioned ALL shareholders, he would refer to these 3. ALL shareholders, mentioned in the plan of Reorganization.
Why would they take over a public trading shell with debt just to take it private? That makes no sense! In my opinion they did it to merge and become a public trading company.
Cancelling common shares:
The members of a board of directors can authorize the repurchase of shares by the company. The bylaws may require the shareholders to approve this action, as a buyback means spending the company's cash. In order to cancel shares, the company must first redeem them by paying the current price on the public stock exchange. A redemption of shares reduces the number of outstanding "issued" shares available to public investors, also known as the float.
BNC certificate of notice = Bankruptcy Noticing Center = First class mail sent to various persons/entities (Attorneys, Debtors... )
This happens all the time if a plan of reorganization is approved in court. That's the legal proces.
Cancelling common shares:
The members of a board of directors can authorize the repurchase of shares by the company. The bylaws may require the shareholders to approve this action, as a buyback means spending the company's cash. In order to cancel shares, the company must first redeem them by paying the current price on the public stock exchange. A redemption of shares reduces the number of outstanding "issued" shares available to public investors, also known as the float.
That's what I said before. If it is true they would cancel the common shares this would not trade now and it had to be stated in the court documents.
60M - 0.0001
65M - 0.0002
SUMMARY PLAN OF REORGANIZATION
Delmar 80% "retired and" extinguished
Fractional Shareholders "retired and" extinguished
PFC has agreed to reduce the "principal balance by $30,243.47"
"Payroll Funding owed $585,243.48 now $555,000.00 over 60 months
"In return, all old equity class 4 interest holders shares shall be extinguished and PFC shall receive 100% of shares of stock of the debtor"
"Net operating loses" $0.00
"Unsecured claims $786,170.93 now $363,985.14"
#4 MOST ACTIVE STOCK MARKET FORUM!
I read the plan of reorganization again and nothing in there that proves that the common shares will be cancelled. And if so, the court has to approve it.
Business license Exp.: 3/31/2017
Annual list posted: 3/17/2016
Why whould they do that if they want to cancel the common shares? That makes no sense!
Source: http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=66SFrtg5lIPRK6FNoHfl6g%253d%253d&CorpName=AMERIRESOURCE+TECHNOLOGIES%2c+INC.
MUST READ
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.”
$ARIOQ - Huge volume / 22 million left!
TWITTER: SPARK ?(59.000 followers!
ARIOQ .0001 -ACHTUNG!!! -->> REVENUES REPORTED 42K FOR THE MONTH OF FEB - Q COMES OFF AND SHE'S GONNA FLY!!!~
It's almost time for a MEGA run!
LIST OF BIG GROUPS TWEETING ABOUT $ARIOQ
- OTC Stock picks: 11.373 followers
- High Rising stocks: 10.799 followers
- D. Graef: 3642 followers
- .Sheepwolf: 2332 followers
- J. Martin: 2230 followers
- Penny Detective: 1869 followers
- VGaykin: 1547 followers
- OTC Runners : 1244 followers
- Bottomwatchers: 1180 followers
- Red Lion: 965 followers
All tweets in the last 24 hours!
TWITTER: Wall Street Penny
$ARIOQ we have arrived! They say volume before price? Obviously they have not met our team. Watch and learn. #pennystocksrule
I'm expecting a lot of BIG groups that will add $ARIOQ this week!
$ARIOQ on Twitter
- OTC Stock picks: 11.373 followers
- High Rising stocks: 10.799 followers
- D. Graef: 3642 followers
- .Sheepwolf: 2332 followers
- J. Martin: 2230 followers
- Penny Detective: 1869 followers
- VGaykin: 1547 followers
- OTC Runners : 1244 followers
- Bottomwatchers: 1180 followers
- Red Lion: 965 followers
Those are the pages that tweeted about $ARIOQ the last 24 hours!
Bottom line - they are doing the necesarry to get all things done and start the company like it should be, with the Q-drop, news and updates!
BNC certificate of notice = Bankruptcy Noticing Center = First class mail sent to various persons/entities (Attorneys, Debtors...)
Volume before price. All triple 1 stocks that ran to a penny and more had several big volume days before it started + look at the short report.
Delmar 80% "retired and" extinguished
Fractional Shareholders "retired and" extinguished
PFC has agreed to reduce the "principal balance by $30,243.47"
"Payroll Funding owed $585,243.48 now $555,000.00 over 60 months
"In return, all old equity class 4 interest holders shares shall be extinguished and PFC shall receive 100% of shares of stock of the debtor"
"Net operating loses" $0.00
"Unsecured claims $786,170.93 now $363,985.14"
Next week will go crazy!
Redline doc now uploaded on RECAP
redline/amended info is in " "
Delmar 80% "retired and" extinguished
Fractional Shareholders "retired and" extinguished
PFC has agreed to reduce the "principal balance by $30,243.47"
"Payroll Funding owed $585,243.48 now $555,000.00 over 60 months
"In return, all old equity class 4 interest holders shares shall be extinguished and PFC shall receive 100% of shares of stock of the debtor"
"Net operating loses" $0.00
"Unsecured claims $786,170.93 now $363,985.14"
WE ARE GOLDEN!
Volume before price.
Next week PR and Q drops. I hope before the stock market opens on monday, so everybody would regret not buying $ARIOQ!
$ARIOQ - $0.0001 vs $0.0002
We have finally a bid after 3 years! This will run soon!
court Hearing Held do 2:27 PM
Minute of 4/28/2016 OUTCOME: APPROVED SUBJECT TO CHANGES NOTED BY THE COURT Related [+] (ghm )
Can you read?
Plan of Reorganization APPROVED!
NIR Group, Inc. $234,000.00 - Scheduled Claim to be expunged = EXPUNGED / ELIMINATED
DEBT ELIMINATED
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
Source: https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc
47 order Modifing Claims do 3:30 PM
Order Granting Motion To Modify Claims re: NIR GROUP. Related [+]. Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 4/28/2016. (ghm)
This was the biggest claim: NIR Group, Inc. $234,000.00 - Scheduled Claim to be expunged = EXPUNGED / ELIMINATED
46 order Modifing Claims do 3:29 PM
Order Granting Motion To Modify Claims re: MARTY BERTO. Related [+]. Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 4/28/2016. (ghm)
45 order Modifing Claims do 3:28 PM
Order Granting Motion To Modify Claims re: INTERNAL REVENUE SERVICE. Related [+]. Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 4/28/2016. (ghm)
44 order Modifing Claims do 3:27 PM
Order Granting Motion To Modify Claims re: DOUGLAS HORTON. Related [+]. Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 4/28/2016. (ghm)
Source: https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares cancelled
- Several claims expunged/eliminated
- Biggest claim (NIR Group, Inc. $234,000.00) = ELIMINATED
- Fresh start with almost NO DEBT (!)
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
Source: https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc
NIR Group, Inc. $234,000.00 - Scheduled Claim to be expunged = EXPUNGED / ELIMINATED
$ARIOQ is almost debt free!
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares wiped out
- Several claims expunged/eliminated
- Fresh start with almost NO DEBT (!)
- A/S = 1 billion
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads/2015/02/PFC-Mezzanine-Payroll-Funding-2015_1.pdf
Source: https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc
O/S was 4.3 billion before the approval, A/S only 1 billion, 80% of the restricted shares are cancelled. Float could be a lot less than we all expect! Now they're debt free and ready to do a merger between Payroll Funding Company, a company with REAL PROFIT, and $ARIOQ.
Q falling soon + possible merger / name change = MEGA run!