ARES... interesting RB posts...
from RB ARES board:
By: rah47
31 Aug 2004, 11:10 AM EDT
Msg. 340010 of 340018
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Read this filing very closely. ARES says that they are exchanging 100% interest (all shares) in Self Serve tech for 99% of the voting shares of RBSY. 25 mil common and 6,500,000 shares of RoboServer Systems Corp. Super Voting Preferred Stock.
Does not say 100% to 99% stock exhange, says: Following the transaction,
AmeriResource Technologies, Inc. owns approximately 99% of all of the voting rights in RoboServer Systems Corp.
Interesting.
By: rah47
31 Aug 2004, 11:14 AM EDT
Msg. 340012 of 340019
(This msg. is a reply to 340009 by rah47.)
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Looks like a good way to be able to raise the funds to make the self serve company go without having to use ARES stock or incure direct debt. Could also be some way to bring in the produce co into the fold without useing ARES stock or direct debt. IMO Will be interesting.
By: rah47
31 Aug 2004, 11:15 AM EDT
Msg. 340013 of 340019
(This msg. is a reply to 340011 by market__blues.)
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blues: IMO: I look for some type of spinoff on this one.eom
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By: market__blues
31 Aug 2004, 11:24 AM EDT
Msg. 340016 of 340019
(This msg. is a reply to 340013 by rah47.)
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rah-
Delmar has talked to me about spin off possibilities in the past. Maybe?
Blues...
By: rah47
31 Aug 2004, 11:45 AM EDT
Msg. 340017 of 340020
(This msg. is a reply to 340016 by market__blues.)
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blues: that is what this looks like.imo eom