AmeriResource Technologies Inc. (fka ARIOQ)

[james_west_1965]

That's not how it works (Robin gets what he wants)

Compare POR with the Order and you will see Payroll Funding is getting the shaft. At this point, all the PF gets is a payback over 5 years of 1/2 million dollars, no ownership of shares.

I have run over this several times to you that Doc 71 reads, " With respect to those impaired classes of Claims under the Plan, at least one (1) impaired class of Claims has accepted the Plan, determined without including any acceptance of the Plan by an insider."

There were three impaired classes: 1) Janovec; 2) fractional shareholders and 3) Horton. 1 does not NOT equal 3. It reads "at least one (1) ..." There is some sort of dissent with Class 4 equity holders with up to two impaired classes.

I believe the failure of this case to close is because, in part, Payroll Funding is getting the major shaft.