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And this is only the start. Can you imagine what will happen when they start with their marketing plan? It's huge!
AmeriResource Technologies ($ARIOQ) Plan Filed
http://bankruptcompanynews.com/ameriresource-bankruptcy-news-3-15-16/
Plan of Reorganization ($ARIOQ)
http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
They will drop the Q soon!
AmeriResource Technologies ($ARIOQ) Plan Filed
http://bankruptcompanynews.com/ameriresource-bankruptcy-news-3-15-16/
Plan of Reorganization ($ARIOQ)
http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
They will drop the Q soon!
AmeriResource Technologies ($ARIOQ) Plan Filed
http://bankruptcompanynews.com/ameriresource-bankruptcy-news-3-15-16/
Plan of Reorganization ($ARIOQ)
http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
They will drop the Q soon!
Plan of Reorganization ($ARIOQ)
http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
Plan of Reorganization ($ARIOQ)
http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
Plan of Reorganization ($ARIOQ)
http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
Can someone please sticky this?
This is very important information for new investors.
Thanks!
Plan of Reorganization ($ARIOQ)
http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
* Fractional Shareholder defined: http://www.investopedia.com/terms/f/fractionalshare.asp
AmeriResource Technologies (ARIOQ) Plan Filed
by Brandy Chetsason March 15, 2016
According to the U.S. Bankruptcy Court docket, AmeriResource Technologies filed a Chapter 11 Plan of Reorganization and related Disclosure Statement, which notes, “In an effort to remedy the problems that led to the bankruptcy filing, the Debtor’s Plan proposes to implement the following procedures: Ario has resumed the program originally started in 2014 in which it makes loans to smaller companies, where such loans are originated and serviced by PFC.”
The Disclosure Statement continues, “Pursuant to the approved DIP financing the Debtor will receive monthly advances from PFC to fund loans originated and serviced by PFC. In addition, PFC has agreed to reduce the interest rate on its secured pre-petition note receivable from 12% to 6%.” The Court scheduled an April 28, 2016 hearing to consider the Disclosure Statement.
ARIOQ 'Chapter 11' ~ Timeline
* Filed 11/25/15 ~ Credit Line Agreement: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119022570
* Filed 11/25/15 ~ Marketing Agreement: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119022680
* 11/30/15 ~ AmeriResource Technologies Financing Approval Sought: http://bankruptcompanynews.com/ameriresource-dip-financing-11-30-15/
* 12/22/15 ~ Final Order: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119356545
* AmeriResource Technologies Financial Loan Service: http://www.local-financial.net/nevada/las-vegas/ameriresource-technologies-300081.html
* 3/10/16 ~ Plan of Reorganization: http://www.pacermonitor.com/view/BHE47LA/AmeriResource_Technologies_Inc__nibke-15-23617__0027.1.pdf
* Fractional Shareholder defined: http://www.investopedia.com/terms/f/fractionalshare.asp
* 3/15/16 ~ AmeriResource Technologies Plan Filed
http://bankruptcompanynews.com/ameriresource-bankruptcy-news-3-15-16/
* 4/28/16 ~ Hearing on Disclosure Statement set for 4/28/16...Objections are due by 4/14/16: https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies.Inc
Maximus14, do you have the document about the fractional shares and the reduction of some of the shares held by one of the principles?
Is it possible to sticky that post, or post it here again.
Thanks in advance!
Do you have the document about the fractional shares and the reduction of some of the shares held by one of the principles? Or someone else?
Is it possible to sticky that post, or post it here again.
Thanks in advance!
Product: Mezzanine Financing:
Mezzanine financing is a hybrid of debt and equity financing that is typically used to finance the expansion of existing companies. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies.
Since mezzanine financing is usually provided to the borrower very quickly with little due diligence on the part of the lender and little or no collateral on the part of the borrower, this type of financing is aggressively priced with the lender seeking a return in the 20-30% range.
BREAKING DOWN 'Mezzanine Financing'
Mezzanine financing is advantageous because it is treated like equity on a company's balance sheet and may make it easier to obtain standard bank financing. To attract mezzanine financing, a company usually must demonstrate a track record in the industry with an established reputation and product, a history of profitability and a viable expansion plan for the business (e.g. expansions, acquisitions, IPO).
Source: Investopedia
AmeriResource Technologies Plan Filed
by Brandy Chetsason March 15, 2016
According to the U.S. Bankruptcy Court docket, AmeriResource Technologies filed a Chapter 11 Plan of Reorganization and related Disclosure Statement, which notes, “In an effort to remedy the problems that led to the bankruptcy filing, the Debtor’s Plan proposes to implement the following procedures: Ario has resumed the program originally started in 2014 in which it makes loans to smaller companies, where such loans are originated and serviced by PFC.”
The Disclosure Statement continues, “Pursuant to the approved DIP financing the Debtor will receive monthly advances from PFC to fund loans originated and serviced by PFC. In addition, PFC has agreed to reduce the interest rate on its secured pre-petition note receivable from 12% to 6%.” The Court scheduled an April 28, 2016 hearing to consider the Disclosure Statement.
4/26/2016 at 10:00 AM at KCF - Courtroom 2, Trenton.
The day we will los the Q!
https://www.pacermonitor.com/public/case/8758469/AmeriResource_Technologies,Inc
On 17th march they filed the monthly reports. You have to sign up to open the files, some did and posted it on the board.
Gross profit of 42,500 for the month of February according to their filings with the courts.
April will be our month. The build up to lose the Q. And I think they also have to report the financials for march. They already had revenue in februari!
$ARIOQ
45 million buy!
Holoportation: virtual 3D teleportation in real-time.
$COWI
News out & bid is growing!
That's because some brokers don't let you buy/sell Q-stocks. The Q is almost gone, patience my friend!
More deals = more revenue streams!
News is great!
Another deal = another revenue stream.
Holoportation: virtual 3D teleportation in real-time.
http://instagram.com/coroware
So this is the official account?
I hope they're gonna update it on a regular basis.
What's happening?
I'm ready to slap the ask when the Q drops.
40 million buy!
$COWI
3's almost gone, buying pressure is big!
Buying pressure is growing!
What a start!
Not only real American workers, also real European workers!
Let them take profit to have a beer, I will take profit to build my own brewery!
$COWI
5's up!
$COWI
5's up!