ARRT Update: BizAuctions Revenues for January 2008 Increase by 335% 2/4/2008
LAS VEGAS, NV, Feb 04, 2008 (MARKET WIRE via COMTEX News Network) -- AmeriResource Technologies, Inc. (OTCBB: ARRT), a diversified holding company, announced today that January revenues (unaudited) for its subsidiary, BizAuctions, Inc., increased by approximately 335% over revenues for the same period in 2007.
"For the month ending January 31, 2008, revenues (unaudited) have increased to approximately $386,495 from approximately $88,844, an increase of $297,651 or 335% over the corresponding month in 2007. BizAuctions' eBay business model continues to demonstrate strong and steady growth while the Company broadens its operations. Management has made great strides in increasing gross profits while reducing monthly operating expenses and has not realized net profits on a consistent basis," comments Delmar Janovec, CEO of AmeriResource.
"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay," continues Janovec.
BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.
More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at investors*BizAuctions.com or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/tour.shtml.
The Company encourages the public to read the above information in conjunction with its year-end 10-KSB for December 31, 2006, and the third Quarter 10-QSB for September 30, 2007. The financial statements can be viewed at www.sec.gov.
ABOUT AMERIRESOURCE: AmeriResource is a diversified holding company with headquarters in Las Vegas, Nevada. It operates BizAuctions, Inc., AuctionWagon Inc., RoboServer Systems Corp., among others as operating subsidiaries. For more information on the Company and its operating subsidiaries, please see the Company's website at http://www.ameriresourcetechnologies.com.
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission, at www.sec.gov. The Company will provide you with copies of this information upon request.
For the L2s, what does size mean? The MMs Size keeps going up with lots of buys coming in...what does that mean?
Posted by DDA on :
they're playing games here
Posted by m69jump on :
yup watch da volume pour in now
Posted by Andreas on :
yeah - all buying at 0.0003
I am wondering, if I should move my buy order from 0.0002 to 0.0003 or if there is a little chance left that they let a few 0002 orders through.
Posted by Dolhar on :
o/s only 134mm..but the vol is already 96mm....with another 20m, this may easy go to .005
Posted by m69jump on :
could be time..........
Posted by Dolhar on :
yes..i would be surprised if this stays at .0003 with this vol.this should leap to .0010 atleast soon.
Posted by Dolhar on :
i see this at .0025 by thursday or weekend
Posted by Dolhar on :
ask just went to .0004..very bullish and big upside from here soon
Posted by Uncle Smelly on :
This one looks interesting, I man try to get 5 million or so at these levels. Has all the ingredients to run over .001+
Posted by Dolhar on :
watch this now...0004 ask..it can leap to .0010 with just 20m vol
Posted by moneymaker07 on :
Of course when I change my buy to .0003, it drops to .0002.....
Posted by Dolhar on :
it is fake manipulation by mm's at .0002
watch the buys now at .0004..may gap up to .0005 tomorrow..
Posted by moneymaker07 on :
I'm in at .0003 so we'll see what happens....
Posted by IMAKEMONEY on :
THIS LOOKS LIKE DILUTION TO ME! JMO Posted by Dolhar on :
even if o/s is 300m..this may once or twice have a momo run to .005 and beyond soon.
Posted by DDA on :
O/S is 1.9 Billion ref 10Q November
Posted by m69jump on :
covered by now
Posted by Uncle Smelly on :
This could easily break much higher
Posted by DDA on :
10QSB
The record date for purposes of determining the number of outstanding shares of voting Stock of AMRE and for determining Stockholders entitled to vote, is the close of business on October 26, 2007 (the “Record Date”). As of the Record Date, AMRE has outstanding 1,834,003,412 shares of Common Stock and 1,558,287 shares of preferred stock.
Posted by Incorrectlogin on :
AMRE?
Posted by Incorrectlogin on :
DDA, where did you go for the info on the company? just curious.
Posted by Homersbud on :
Was indeed looking at the wrong page (last pages describe O/S AMRE) - ours is at page F-4 --- 1.3 billion
apologies
Posted by Dolhar on :
rev increases 335%..with a o/s of 1.3b, this can easily go to .01. with a vol of 200m every day, all shares will be bought below .001.
Posted by Dolhar on :
READY FOR LIFT OFF
Posted by Dolhar on :
watch this lift off..buy few shares at .0004
Posted by m69jump on :
.0005 going
Posted by Dolhar on :
.0005..headed to .005 by friday or even tomorrow
Posted by Uncle Smelly on :
This is a great but, and should head a ton higher soon!
Posted by Andreas on :
Dolhar, a 10 bagger? Just b/c the o/s?
Posted by Dolhar on :
ask is .0006 now
Posted by Incorrectlogin on :
Wow, this thing is really moving now.
Posted by m69jump on :
if arrt hit .0008 we fly
Posted by Kevin from NYC on :
i just got a partial fill at .0005
Posted by moneymaker07 on :
I bought at 3 yesterday and my sell for 4 went through this morning..... should have held it.... oh well.
Posted by Kevin from NYC on :
still cannot grab more at .0005
Posted by Uncle Smelly on :
ARRT is looking like a big runner, action reminds me of early LZFA which ran from .0002 to 80 cents. Not saying we'll see that but it break much higher soon!
Posted by Bottomfeeder on :
Sold mine for 5.
Posted by Kevin from NYC on :
7? crap. I only got 1.3 at 5. Now what. hmm
Posted by moneymaker07 on :
I really dont want to chase this.....
Posted by Uncle Smelly on :
Chase it, sell at .003 or higher
Posted by m69jump on :
nine lite da sky
Posted by Kevin from NYC on :
hmm. not sure what i'm doing with this yet
Posted by Uncle Smelly on :
8's printed!
Posted by Kevin from NYC on :
figgin fine. I'll buy at .0008
Posted by Dolhar on :
.0009
Posted by Uncle Smelly on :
This is heading north of .001 and higher IMO. Was at .005 - .01 and could easily get back there.
Posted by moneymaker07 on :
Does anyone have L2???
Posted by Uncle Smelly on :
Big buys still going through
Posted by moneymaker07 on :
Hopefully it will bounce back up.....
Posted by moneymaker07 on :
I dont like seeing .0006.....
Posted by moneymaker07 on :
Theres .0008 again.....
Posted by Kevin from NYC on :
So where do you guys see this one going? What about BZCN directly? Seems they have a good thing going. If BZCN does real well, what does that do for BZCN vs ARRT?
Posted by m69jump on :
gapper ...........eom
Posted by Uncle Smelly on :
Looking like a close around 7, with a morning gapper. This will be on a lot of radars over the next few days.
Posted by DDA on :
sold most of it today - like to play em LOL
Posted by Kevin from NYC on :
This will still move up a bit. I'll stay in for a few days at least. I'm sure they'll have more to say to push this up at some point, and it cannot lose more than .0006 pps. I'll sell in the .0010 - .0030 range. Posted by Uncle Smelly on :
quote:Originally posted by Kevin from NYC: This will still move up a bit. I'll stay in for a few days at least. I'm sure they'll have more to say to push this up at some point, and it cannot lose more than .0006 pps. I'll sell in the .0010 - .0030 range.
Agreed, it may even surprise us and break the .005 point if buying pressure gets high enough.
Tomorrow should be a nice day!
Posted by Kevin from NYC on :
Maybe I'll add some buying pressure Posted by moneymaker07 on :
This still looks promising to me.....
Posted by moneymaker07 on :
AmeriResource Update: BizAuctions Receives 32,775 Online Bids in January 2008 6:30 AM ET - Market Wire
AmeriResource Technologies, Inc. (OTCBB: ARRT), a diversified holding company, announced today that its subsidiary, BizAuctions, Inc., received 32,775 bids for its merchandise on eBay during the month of January.
Delmar Janovec, CEO, comments, "BizAuctions achieved Titanium Powerseller status on eBay through its eBay store name: BusinessAuctions Inc, in the 4th Quarter of 2007, which is the highest tier that can be attained on eBay and is achieved by reaching the top level of sales while maintaining a 98 percent or higher customer satisfaction rating. This status is indicative of how well BizAuctions' business continues to grow and our staff's commitment to provide our customers with exemplary service which is shown by our customer satisfaction rating on eBay of 99.8% with over 14,400 positive feedbacks. BizAuctions sold in excess of 3,000 items in January and has worked hard to assemble the infrastructure to handle the high volume of sales and shipping of merchandise."
"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay," continues Janovec.
BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.
More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at investors*BizAuctions.com or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/tour.shtml.
The Company encourages the public to read the above information in conjunction with its year-end 10-KSB for December 31, 2006, and the third Quarter 10-QSB for September 30, 2007. The financial statements can be viewed at www.sec.gov.
ABOUT AMERIRESOURCE: AmeriResource is a diversified holding company with headquarters in Las Vegas, Nevada. It operates BizAuctions, Inc., AuctionWagon Inc., RoboServer Systems Corp., among others as operating subsidiaries. For more information on the Company and its operating subsidiaries, please see the Company's website at http://www.ameriresourcetechnologies.com.
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission, at www.sec.gov. The Company will provide you with copies of this information upon request.
Contact: AmeriResource Technologies Inc. Delmar Janovec (702) 214-4249 Email: Email Contact http://www.ameriresourcetechnologies.com SOURCE: AmeriResource Technologies, Inc.
Well, it was good news for BZCN (35% up). Can someone explain how this should factor into ARRT's stock price? How does BZCN go up 35% on this news while ARRT goes down 16%?
Posted by Kevin from NYC on :
BizAuctions (BZCN)is moving on no volume.
Posted by Uncle Smelly on :
Should run today !
Posted by Andreas on :
AmeriResource Update: BizAuctions Sales for 3-Day Weekend Surpass$50,000
Feb 26, 2008 06:20:14 (ET)
LAS VEGAS, NV, Feb 26, 2008 (MARKET WIRE via COMTEX) -- AmeriResource Technologies, Inc. (ARRT, Trade ), a diversified holding company, announced today that its subsidiary, BizAuctions, Inc. (PINKSHEETS: BZCN), recorded sales for the three (3) day weekend, February 23, 24, & 25, 2008 exceeding $50,000.
"Sales for the three (3) day weekend reached $52,981 with 330 items being sold on BizAuctions eBay auction site under its store name: BusinessAuctions Inc. Shipping and handling accounted for $4,733 of the $52,981 in sales for the three (3) day period. The BizAuctions-eBay business model continues to show strong growth in revenues and should provide a very positive year for 2008," noted Delmar Janovec, CEO.
"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. BizAuctions consigns, buys inventory, and liquidates through eBay providing a valuable service to its clients. It is evident that American companies are in need of commercial liquidation services and the Company continues to vigorously target this market," Janovec concluded.
The company continues to make substantial progress in reducing costs and increasing gross profits, and is close to attaining net profits on a consistent basis. BizAuctions revenues have increased substantially over the last several quarters, as follows;
BizAuctions' clients have included some of the Nation's leading retail names at the forefront of their industries. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.
More information is available at www.BizAuctions.com . Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at investors*BizAuctions.com or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/tour.shtml .
The Company encourages the public to read the above information in conjunction with its year-end 10-KSB for December 31, 2006, and the third Quarter 10-QSB for September 30, 2007. The financial statements can be viewed at www.sec.gov .
ABOUT AMERIRESOURCE: AmeriResource is a diversified holding company with headquarters in Las Vegas, Nevada. It operates BizAuctions, Inc., AuctionWagon Inc., RoboServer Systems Corp., among others as operating subsidiaries. For more information on the Company and its operating subsidiaries, please see the Company's website at http://www.ameriresourcetechnologies.com .
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission, at www.sec.gov . The Company will provide you with copies of this information upon request.
Contact:
AmeriResource Technologies Inc. Delmar Janovec (702) 214-4249 Email: Email Contact
50 billion long f^$^k wait for a run wth....
Posted by SoAngel on :
ARRT is back down to where it was at when this thread was started. Any chance it'll run again ? I am sitting on quite a few shares I overpaid for and I am wondering if I should just take the loss and get out, or keep sitting on them with fingers crossed.
Posted by m69jump on :
going to .0001 so be ready for anything
Posted by SoAngel on :
I have been ready for anything, lol. 0.0001, eh ? Maybe I will just sell out now and stop watching it. I am having the same problem with NUBV.
Posted by Dolhar on :
what is the status of this?
thanks
Posted by moneymaker07 on :
Good for a flip maybe?? .0001-.0002
Posted by SoAngel on :
Good luck filling a buy order at .0001
Posted by SoAngel on :
AmeriResource Update: RoboServer Unveils New Product at the Las Vegas Expo Show 6:20 AM ET - Market Wire
AmeriResource Technologies, Inc. (OTCBB: ARRT), a diversified holding company, announced today that its subsidiary, RoboServer Systems Corp. (PINKSHEETS: RBSY), unveiled its new "3-N-1" Assisted Server-POS system at the annual 2008 Las Vegas Hospitality Expo Show held at the Las Vegas Convention Center on February 25-27, 2008.
Delmar Janovec, CEO of RoboServer, comments, "In keeping pace with the need for labor savings and the customers' desire to serve themselves, RoboServer has developed the new '3-N-1' Assisted Server/POS system. The '3-N-1' is a counter-top dual screen kiosk that can function in three different modes or a combination of those modes. The '3-N-1' accepts self-service credit or debit card payments and also offers traditional cash drawer POS operations. This low-cost alternative to traditional POS offers expanded functionality and an intuitive user interface. It offers self-service ordering without the need for an attendant or an attendant can assist customers with their order if needed, and can be operated as a traditional POS terminal. A paper receipt is issued to the customer, and the order is relayed to the kitchen printer or display device. Credit card transactions are processed through a normal on-line payment gateway and are immediately credited to the merchant account of the business owner. For more information on this product, please visit the Company's websites at www.orderandpaysoftware.com and www.linebusternow.com."
More company information is available at www.RoboServerCorp.com. Investors and media can receive a free investor kit for RoboServer Systems Corp. by contacting Investor Relations at investors*roboservercorp.com or (866) 893-0229.
ABOUT ROBOSERVER SYSTEMS
RoboServer Systems (PINKSHEETS: RBSY) has developed Point of Sale and Self-Serve software technology for the restaurant and quick-service food industry for more than four years.
The Company's key growth product suite is the RoboServer Self-Serve System and Assisted-Server -- a software and hardware terminal that allows quick-service restaurant customers to order and purchase their own food and beverages, reducing the costly expense of employee services and reducing customer order time.
Similar technology has been proven and deployed in large grocery and hardware chains throughout the United States because Self-Serve technology reduces costs for businesses, and reduces ordering time for customers. Self-Serve technology is an industry-changing technology that will become significantly more prevalent in fast-food over the next few years. Self-serve technology is a strong growth industry that can demonstrate an easily quantifiable return on investment to client restaurants, even in soft economies.
The Company encourages the public to read the above information in conjunction with its year-end 10-KSB for December 31, 2006, and the third Quarter 10-QSB for September 30, 2007. The financial statements can be viewed at www.sec.gov.
ABOUT AMERIRESOURCE: AmeriResource is a diversified holding company with headquarters in Las Vegas, Nevada. It operates RoboServer Systems Corp., BizAuctions, Inc., AuctionWagon Inc., and others as operating subsidiaries. For more information on the Company and its operating subsidiaries, please see the Company's website at http://www.ameriresourcetechnologies.com.
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission, at www.sec.gov. The Company will provide you with copies of this information upon request.
Contact: AmeriResource Technologies Inc. Delmar Janovec (702) 214-4249 Email: Email Contact http://www.ameriresourcetechnologies.com SOURCE: AmeriResource Technologies, Inc.
Posted by m69jump on :
now try to move this pos on 7 bill a/s wtf
Posted by Homersbud on :
quote:Originally posted by m69jump: now try to move this pos on 7 bill a/s wtf
lol, complete joke this company is. They love these S8 filings.
R/S is around the corner.
Posted by SoAngel on :
Screw it, I just dumped. I am tired of looking at it.
![[Good Luck]](graemlins/goodluck.gif)
![[Wink]](wink.gif)
I'll sell in the .0010 - .0030 range. ![[Cool]](cool.gif)
![[Smile]](smile.gif)