AmeriResource Reports Revenue of $1,341,904 for Six Months Ended June 30, 2009
August 06 2009 - 4:24PM
PR Newswire (US)
LAS VEGAS, Aug. 6 /PRNewswire-FirstCall/ -- AmeriResource
Technologies, Inc. (Pink Sheets: ARIO) announced that its
subsidiary, BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider
of commercial eBay liquidation services for excess inventories and
returns, generated revenue for the six months ended June 30, 2009
of approximately $1,341,904. "While the revenues are down from the
same period in calendar year 2008, we are optimistic that our eBay
business model will begin increasing revenues going into the fall
when the consumer expenditures for back-to-school hit the retail
markets and as the economy begins to make improvements. We are
beginning to see hints of some of this spending at BizAuctions as
well as our Lucky 7's retail store," noted CEO Delmar Janovec. "We
believe with our sound eBay business model and the addition of ATTO
Enterprises, Inc., this year, the Company should enjoy a reasonable
progressive year in 2009," Janovec concluded. The Company
encourages the public to read the above information in conjunction
with its year-end 10-KSB for December 31, 2007, and the Quarterly
statements filed in calendar year 2008. The financial statements
can be viewed at http://www.sec.gov/. ABOUT AMERIRESOURCE:
AmeriResource is a diversified holding company with headquarters in
Las Vegas, Nevada. For more information on the Company, please see
the Company's website at http://www.bizauctions.com/, and
http://www.attosolutions.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
http://www.sec.gov/. The Company will provide you with copies of
this information upon request. Website: http://www.bizauctions.com/
Website: http://www.attosolutions.com/ DATASOURCE: AmeriResource
Technologies, Inc. CONTACT: Delmar Janovec of AmeriResource
Technologies, Inc., +1-702-214-4249, Web Site:
http://www.bizauctions.com/ http://www.attosolutions.com/
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