UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 2,
2004
AmeriResource Technologies, Inc.
(Exact name of small business issuer as specified in its charter)
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Delaware |
84-1084784 |
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(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) |
| 0-20033 |
| Commission File Number |
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3440 E. Russell Road, Suite 217, Las Vegas, Nevada 89120 |
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(Address of principal executive offices) |
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Registrant's telephone number including area code: 702.214.4249 |
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(Former name, former address and former fiscal year, if changed since last report.) |
Section 2
Item 2.01. Completion of Acquisition or Disposition of Assets
On December 2, 2004, AmeriResource Technologies, Inc. entered into an
agreement whereby it sold all of its 100% interest in its subsidiary Net2Auction
Corporation to Net2Auction, Inc. In exchange, Net2Auction, Inc.. sold to AmeriResource Technologies, Inc. 25,000,000 shares of
Net2Auction, Inc. Common Stock and 6,500,000 shares of Net2Auction, Inc.
Super Voting Preferred Stock. Following the transaction, AmeriResource
Technologies, Inc. owns approximately 99% of all of the voting rights in
Net2Auction, Inc. Net2Auction Corporation is an operator of online auction
drop-off locations that allow customers to sell their goods in online auctions
more conveniently. The purchase price was determined arbitrarily;
however, the exchange represents a 100% for 99% exchange.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AmeriResource Technologies, Inc.
December 6, 2004
/s/ Delmar Janovec
___________________________________________
Delmar Janovec,
President of AmeriResource Technologies, Inc.