Replies to post #16873 on AmeriResource Technologies Inc. (fka ARIOQ)

[maximus14]

We made 400k yesterday

[confuciussay]

What am I missing here... It looks to me like the company is giving up the stock of the company in order to get it's debt reduced.

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"