Replies to post #37692 on AmeriResource Technologies Inc. (fka ARIOQ)

[1manband]

Sorry, but the shares have been cancelled.

You need to understand the meaning of "authorized" legally. It is NOT a choice - it is required. The Plan of Reorganization required the cancelation of old shares and issuance of 100% of the new equity to the largest creditor. The court "authorized" that to happen, which it did, as required BY LAW.

Again, BY LAW, the old ARIOQ common shares had to be cancelled before the Plan was approved by the Court. Which it was.

ARIOQ shares are gone.

[I-Glow]

The POR isn't a a la carte menu that Robins can pick and choose what parts to enforce.

The secured and unsecured creditors were impaired but you somehow think that the common shareholders aren't impaired.

Post when the Q has been dropped and ARIO is trading.

IG