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Press Release |
AmeriResource Announces Filing Form 10KSB
LAS VEGAS, NV--(MARKET WIRE)--May 17, 2007 -- AmeriResource Technologies, Inc. (OTC BB: AMRE.OB - News) announces that it has filed its Form 10 KSB for the period ending 12-31-06, on May 10, 2007, and is working with its independent auditors to file its 1st Qtr. 10 QSB by the extension date of May, 21, 2007.
Mr. Janovec, AmeriResource President, commented, "While the financial statements do not necessarily indicate the year was positive due to the ongoing losses for the Company, there was substantial progress made in the development of new business for its operating subsidiaries, BizAuctions, Inc. and RoboServer Systems Corp., which should provide the basis for substantial growth in revenues for the calendar year 2007 with improving operational numbers during the year as compared to 2006."
ABOUT AMERIRESOURCE: AmeriResource is a diversified public company with headquarters in Las Vegas, Nevada. It operates BizAuctions, Inc., RoboServer Systems Corp., Net2Auction, Inc., and AuctionWagon, Inc. as operating subsidiaries. For more information on the Company and its 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. The Company will provide you with copies of this information upon request.
Contact:
AmeriResource Technologies Inc.
Delmar Janovec
(702) 214-4249
Email: dajanovec01@aol.com
http://www.ameriresourcetechnologies.com
OR
For Investor Relations:
Target-IR
Investor Relations
(406) 844-0150
http://www.target-ir.com
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