AmeriResource Technologies, Inc. and Jay, Dello & Associates, Ltd., Mutually Terminate Their Agreement.Business Editors DES PLAINES Des Plaines, city, United States Des Plaines (dĕs plānz), city (1990 pop. 53,223), Cook co., NE Ill., a suburb of Chicago on the Des Plaines River; inc. 1925. Among its manufactures are chemicals and electronic equipment. , Ill.--(BUSINESS WIRE)--June 22, 2000 Delmar A. Janovec, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AmeriResource Technologies, Inc. (ARET A`ret´ v. t. 1. To reckon; to ascribe; to impute. ) stated today that the previously announced agreement with Jay, Dello & Associates, Ltd. to provide financing for the acquisition of Mesquite Star Hotel and Casino has been mutually terminated and the Company is pursuing other sources who have expressed interest in providing the financing. Statements in this press release, include forward-looking statements that include risk and uncertainties. The forward-looking statements in this press release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially due to a variety of factors, products and/or services and other risks detailed from time to time in the Companys ability to produce and market certain products and/or services and other risks detailed from time to time in the Companys reports filed with the Securities and Exchange Commission. |
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