AmeriResource Plans to Create Overstock.com 'Like' Retail Web Site to Boost BizAuctions Revenue
August 12 2009 - 10:00AM
PR Newswire (US)
LAS VEGAS, Aug. 12 /PRNewswire-FirstCall/ -- AmeriResource
Technologies, Inc., (Pink Sheets: ARIO) announced today it is in
the preliminary stages of creating a web site designed to sell
certain discounted goods through a web platform that is intended to
resemble an Overstock.com like web site. Delmar Janovec,
AmeriResource, CEO, noted, "BizAuctions (Pink Sheets: BZCN)
primarily sells its products through its eBay platform and clothing
articles through its newly opened retail store, Lucky 7's, in
Southern California. Selling certain products directly to the
public on a new web site may be a way to boost revenues and improve
margins. We already have the staff and warehouse space to
accommodate selling directly to the public so the only real
additional cost will be the creation of the web site." Mr. Janovec
continued, "We understand that in order to significantly boost
revenues it is very important that BizAuctions begins brand
building by initiating a significant marketing campaign through
traditional channels such a billboards, TV, pay per click ads,
obtaining celebrity endorsements and the like. Over the coming
months, AmeriResource and its subsidiaries are going to explore its
options in launching a national marketing effort. It is clear from
such penny stock companies like SpongeTech traded on the OTCBB that
traditional marketing not only helps build your brand but also
appears to have a positive impact on liquidity and share value."
"AmeriResource also is in the process of updating its own web site
and subsidiary web sites as well as its ATTO Solutions web site
which has dated information. We are committed to delivering up to
date and accurate information to potential customers and investors
alike. Management is working diligently to bring AmeriResource
filings current with the SEC and revamping our web site to be in
compliance with the current information requirements," concluded
Janovec. 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 web site at
http://www.ameriresourcetechnologies.com/ and subsidiary web sites
at http://www.bizauctions.com/, http://www.roboservercorp.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. DATASOURCE: AmeriResource
Technologies, Inc. CONTACT: Delmar Janovec of AmeriResource
Technologies Inc., +1-702-214-4249, Web Site:
http://www.ameriresourcetechnologies.com/
http://www.bizauctions.com/
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