Replies to post #35796 on AmeriResource Technologies Inc. (fka ARIOQ)

[1manband]

That is not applicable. AmeriResource Technology is not defunct. The Company is a alive and well, but is now 100% owned by ARIOQ's largest secured debtor. Since ARIOQ did not have the cash to pay them what they were owed, AmeriResource filed for bankruptcy. Under the Plan of Reorganization, the secured debtor received brand new equity in AmeriResource the company, and all old equity (both preferred and the ARIOQ common shares) were cancelled.

Federal Bankruptcy Courts have supreme jurisdiction over bankruptcy companies. I provided you with several recent examples of public companies that were actively traded, yet had their common shares cancelled by the Federal Bankruptcy Court under the Plans. ARIOQ has also had their common equity cancelled under the completed Plan of Reorganization.

ARIOQ shares are completely worthless, and the ticker will be deleted. It is just a question of when. Maybe today, maybe tomorrow, maybe next week, etc. But it WILL happen, and anyone holding ARIOQ shares will be left with nothing.