UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                  FORM 10-QSB

(Mark One)

[X]   Quarterly report under Section 13 or 15(d) of the Securities Exchange Act
      of 1934 for the quarterly period ended SEPTEMBER 30, 2006.

[ ]   Transition report under Section 13 or 15(d) of the Securities Exchange
      Act of 1934 for the transition period from __________ to __________.


COMMISSION FILE NUMBER: 0-20033
                        -------

                        AMERIRESOURCE TECHNOLOGIES, INC.
                        --------------------------------
        (Exact name of small business issuer as specified in its charter)


      DELAWARE                                                84-1084784
      --------                                                ----------
(State or other jurisdiction of                            (I.R.S. Employer
 incorporation or organization)                            Identification No.)


            3440 E. Russell Road, Suite 217, Las Vegas, Nevada 89120
            --------------------------------------------------------
                    (Address of principal executive offices)

                                 (702) 214-4249
                                 --------------
                           (Issuer's telephone number)

     Check whether the issuer: (1) filed all reports required to be  filed  by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

                                 Yes [X] No [ ]

     Indicate  by  check  mark  whether  the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act).

                                 Yes [ ] No [X]


      On November 1, 2006, there were 301,912,811 outstanding  shares  of  the
issuer's common stock, par value $0.0001.




                               TABLE OF CONTENTS


PART I   -   FINANCIAL INFORMATION                                       3

  ITEM 1.  Financial Statements                                   	 F-1
  ITEM 2.  Management's Discussion & Analysis or Plan of Operations      4
  ITEM 3.  Controls and Procedures                                	 7

PART II   -  OTHER INFORMATION                                           7

  ITEM 2.  Unregistered Sales of Equity Securities and Use of Proceeds	 7
  ITEM 6.  Exhibits and Reports on Form 8-K                       	 7

SIGNATURES                                                               8
INDEX TO EXHIBITS                                                  	 9




<PAGE>   3
                        PART I - FINANCIAL INFORMATION

ITEM 1.     FINANCIAL STATEMENTS

      As  used herein, the term "Company" refers to AmeriResource Technologies,
Inc., a Delaware  corporation,  and  its  subsidiaries and predecessors, unless
otherwise  indicated.   Consolidated,  unedited,  condensed  interim  financial
statements including a balance sheet for  the  Company  as of the quarter ended
September 30, 2006, statement of operations and statement of cash flows for the
interim period up to the date of such balance sheet and the  comparable periods
of  the  preceding  year  are  attached  hereto beginning on Page F-1  and  are
incorporated herein by this reference.

      The consolidated financial statements for the Company included herein are
unaudited  but reflect, in management's opinion,  all  adjustments,  consisting
only of normal recurring adjustments that are necessary for a fair presentation
of the Company's  financial  position and the results of its operations for the
interim periods presented.  Because  of  the  nature of the Company's business,
the results of operations for the nine months ended  September 30, 2006 are not
necessarily indicative of the results that may be expected  for the full fiscal
year.  The financial statements included herein should be read  in  conjunction
with the financial statements and notes thereto included in the Form 10-KSB for
the year ended December 31, 2005.


<PAGE>

<TABLE>
<CAPTION>
                          AMERIRESOURCE TECHNOLOGIES, INC.
                                  AND SUBSIDIARIES
                             CONSOLIDATED BALANCE SHEETS



                                     ASSETS
                                                      	   UNAUDITED       AUDITED
                                                   	 SEPTEMBER 30,	 DECEMBER 31,
                                                              2006           2005
							 -------------	 ------------
<S>								<C>		<C>

CURRENT ASSETS:
      Cash and cash equivalents                                150,435        109,357
               Inventory                                        61,628          3,122
               Accounts receivable                                 200
               Prepaid expenses                                  5,000
      Notes receivable                                           6,065          6,286
							 -------------	 ------------
                  Total Current Assets                         223,328        118,765



FIXED ASSETS:
      Fixed assets at cost                                     254,898        169,141
      Accumulated depreciation                                 (51,161)       (21,313)
							 -------------	 ------------
                  Net Fixed Assets                             203,737        147,828

OTHER ASSETS:
      Intangible assets - net of accumulated amortization      678,499        354,439
      Deposits                                                  25,090          8,880
							 -------------	 ------------
                  Total Other Assets                           703,589        363,319
							 -------------	 ------------
                  Total Assets                               1,130,654        629,912
							 =============	 ============

   The accompanying notes are integral part of Consolidated Financial Statements.

</TABLE>







<PAGE>    F-1

                          AMERIRESOURCE TECHNOLOGIES, INC.
                                  AND SUBSIDIARIES
                             CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>



                              LIABILITIES AND STOCKHOLDERS' DEFICIT

                                                      	   UNAUDITED       AUDITED
                                                   	 SEPTEMBER 30,	 DECEMBER 31,
                                                              2006           2005
							 -------------	 ------------
<S>								<C>		<C>

CURRENT LIABILITIES
      Accrued expenses                                         131,362         50,896
         Accounts payable                                      113,889         68,330
         Note payable - related party                          198,487         53,317
      Notes payable -current portion                           734,080        759,513
							 -------------	 ------------
      TOTAL CURRENT LIABILITIES                              1,177,818        932,056

NON-CURRENT LIABILITIES:
      Commitments and contingencies                            200,571        105,000
      Notes payable                                            396,000
							 -------------	 ------------
      TOTAL OTHER LIABILITIES                                  596,571        105,000
							 -------------	 ------------
      TOTAL LIABILITIES                                      1,774,389      1,037,056
							 -------------	 ------------
STOCKHOLDERS' DEFICIT
      Preferred stock, $.001 par value; authorized,
	10,000,000 shares; Class A, issued and
	outstanding, 131,275 shares				   131            131
      Preferred stock, $.001 par value; authorized,
	10,000,000 shares; Class B, issued and
	outstanding, 177,012 shares				   177            177
      Preferred stock, $.001 par value; authorized,
	1,000,000 shares; Class C, issued and
	outstanding, 1,000,000 shares				 1,000          1,000
      Preferred stock, $.001 par value; authorized,
	750,000 shares; Class D, none issued and
	outstanding						   250            250
      Common Stock, $.0001 par value; authorized,
	3,000,000,000 shares; issued and outstanding,
	284,782,471 shares and 103,692,656, shares		28,478         10,369
      Comprehensive loss on marketable securities               (3,108)        (3,108)
      Additional paid in capital                            19,547,426     18,226,505
      Retained earnings                                    (20,598,907)   (19,327,806)
      Minority interest                               	       380,818        685,338
							 -------------	 ------------
      Total stockholder' deficit                              (643,735)      (407,144)
							 -------------	 ------------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                  1,130,654   $    629,912
							 =============	 ============
</TABLE>



<PAGE>                                     F-2


<TABLE>
<CAPTION>
                    The accompanying notes are integral part of Consolidated Financial Statements.


                               AMERIRESOURCE TECHNOLOGIES, INC.
                                       AND SUBSIDIARIES
                             CONSOLIDATED STATEMENT OF OPERATIONS
					  UNAUDITED



                                         For the three months ended         For the nine months ended
                                                September 30,                      September 30,
                                             2006           2005                2006           2005
					 ------------	-----------	    ------------  -----------
<S>						<C>	<C>			<C>		<C>

Net service income                       $    260,837   $    42,405         $	 574,023  $    54,954
Consulting income                                 317           300          	   2,229        3,385
					 ------------	-----------	    ------------  -----------
Revenues                                 $    261,154        42,705         $	 576,252       58,339
Cost of goods sold                            266,107        93,874        	 485,325      150,596
					 ------------	-----------	    ------------  -----------
Gross profit                                   (4,953)      (51,169)         	  90,927      (92,257)

Operating expenses
General and administrative expenses           188,550       180,241        	 474,817      418,857
Officer salaries                               25,000        25,000         	  75,000       75,000
Legal and professional                        119,507       109,510        	 346,282      263,173
Consulting and salary                         478,710       173,677            1,581,646      749,980
Depreciation and amortization                  17,305                             45,571
Research and development                                     66,350                           153,776
					 ------------	-----------	    ------------  -----------
Operating loss                               (834,025)     (605,947)          (2,432,389)  (1,753,043)
Other Income (Expense):
Interest expense - net                        (36,086)      (23,883)       	 (52,511)     (39,651)
Loan extension expense                                                                         (8,000)
Gain on extinguishment of debt                                                   232,067
Loss on marketable securities-investments           -          (621)                   -      (17,121)
					 ------------	-----------	    ------------  -----------
Total other income (expense)                  (36,086)      (24,504)        	 179,566      (64,772)

Minority interest                             443,838       162,124        	 824,361      362,191
Net income (loss) before income tax          (426,273)     (468,327)          (1,428,462)  (1,455,624)
Income tax provision (note 7)                       -             -                    -            -
					 ------------	-----------	    ------------  -----------
Net income (loss)                            (426,273)     (468,327)          (1,428,462)  (1,455,624)
					 ============	===========	    ============  ===========
Earnings per share                            (0.0016)        (0.01)       	 (0.0074)       (0.03)
					 ============	===========	    ============  ===========
Weighted average common shares
outstanding		                  257,083,003    67,205,271    	     192,365,242   52,132,881
					 ============	===========	    ============  ===========

                 The accompanying notes are integral part of Consolidated Financial Statements.
</TABLE>





<PAGE>   F-3


<TABLE>
<CAPTION>
                                    AMERIRESOURCE TECHNOLOGIES, INC.
                                            AND SUBSIDIARIES
                                  CONSOLIDATED STATEMENT OF CASH FLOWS
                                                UNAUDITED

                                                                   For the nine months ended
                                                                         September 30,
                                                               	      2006           2005
								   ------------  -----------
<S>									<C>		<C>

Reconciliation of net loss provided by (used in)
Operating activities:
 Net income (loss)                                            	   $ (1,428,462) $(1,455,624)
   Non-cash items:
   Depreciation                                          		 45,571       10,659
   Non-cash services through issuance of stock  		      1,476,028      762,871
   Write-down of investment                                                	      17,121
   Gain on extinguishment of debt               		       (232,067)
   Minority interest                            		       (824,361)
Changes in assets affecting operations (increase) / decrease
   Accounts receivable                                      		   (200)      (2,311)
   Inventory                                             		(58,506)      (3,122)
   Prepaid expenses                               			 (5,000)      (4,000)
   Deposits                                      			(16,210)      (7,774)
   Notes receivable                                           		    221       10,870
Changes in liabilities affecting operations increase / (decrease)
   Accounts payable                                        		 45,559       52,516
   Accrued payroll and related expenses                    		 25,000       85,000
   Accrued expenses                                        		 55,466       63,528
   Note payable  - related party                  			145,170      (11,315)
								   ------------  -----------
Net cash provided by (used in) operating activities                    (771,791)    (481,581)
								   ------------  -----------
Cash flows from investing activities:
   Purchase of fixed assets                                    		(85,757)    (101,146)
   Purchase intangible assets                                 	       (149,248)
   Purchase subsidiary                                        	       (168,254)    (200,981)
								   ------------  -----------
Net cash provided by (used in) investing activities                    (403,259)    (302,127)
								   ------------  -----------
Cash flows from financing activities:
   Net increase in Notes payable                                	716,128
   Proceeds from issuance of stock                              	500,000    1,062,033
								   ------------  -----------
Net cash provided by (used in) financing activities                   1,216,128    1,062,033
								   ------------  -----------
Increase (decrease) in cash                                              41,078  $ 1,255,991
Cash-beginning period                                                   109,357        8,029
								   ------------  -----------
Cash-end of period                                                      150,435  $   134,020
								   ============	 ===========
</TABLE>






<PAGE>   F-4

NOTE 1-DESCRIPTION OF DEVELOPMENT STAGE ACTIVITIES

AmeriResource  Technologies, Inc., formerly known as KLH Engineering Group, Inc
(the Management  Company),  a  Delaware  corporation, was incorporated March 3,
1989  for  the  purpose  of providing diversified  civil  engineering  services
throughout the United States,  to be accomplished through acquisitions of small
to mid-size engineering firms.   On July 17, 1996, the Company changed its name
to AmeriResource Technologies, Inc.

NOTE 2 - BASIS OF PRESENTATION

The  unaudited financial statements  included  herein  have  been  prepared  in
accordance  with generally accepted accounting principles for interim financial
information and  with  the  instructions  to  Form  10-QSB  and  Item 301(b) of
Regulation  S-B.  Accordingly,  they do not include all of the information  and
footnotes required by generally accepted  accounting  principles  for  complete
financial   statements.    In   the  opinion  of  management,  all  adjustments
(consisting  of normal recurring accruals)  considered  necessary  for  a  fair
presentation have  been  included.   Operating  results  for the three and nine
months ending September 30, 2006, and September 30, 2005,  are  not necessarily
indicative  of  the  results  that may be expected for the fiscal years  ending
December 31, 2006. For further  information,  the  statements should be read in
conjunction with the financial statements and notes  thereto  included  in  the
Company's registration statement on Form 10-KSB for December 31, 2005.

PRINCIPLES OF CONSOLIDATION
The   consolidated  financial  statements  include  the  combined  accounts  of
AmeriResource  Technologies,  Inc.,  West Texas Real Estate & Resources', Inc.,
RoboServer  Systems, Inc., Self-Serve Technologies,  Inc.,  Net2Auction,  Inc.,
Net2Auction Corporation, Auction Wagon Inc., VoIPCOM USA, Inc., Kootenai Corp.,
now called BizAuctions,  Inc., and BizAuctions Corp.  All material intercompany
transactions and accounts have been eliminated in consolidation.

LOSS PER COMMON SHARE

Loss per common share is based  on the weighted average number of common shares
outstanding during the period.

NOTE 3 - STOCKHOLDERS' EQUITY

COMMON STOCK

In December of 2004, the Company  approved  a 40 for 1 reverse stock split. All
shares figures are shown after the post reverse split.

During the third quarter ending, September 30,  2006,  the  Company  issued the
total of 55,398,936 shares of common stock:

49,720,544 shares of common stock were issued for consulting services valued at
$344,967.

5,678,392  shares  of  common  stock  were  issued  for  legal and professional
services of $37,700.


PREFERRED STOCK

The  Company  has  currently designated 10,000,000 shares of  their  authorized
preferred stock to Series  A  Convertible  Preferred  Stock  and  an additional
10,000,000 shares to Series B Convertible Preferred Stock.

Both Series A and B preferred stock bear a cumulative $.125 per share per annum
dividend, payable quarterly.  The shareholders have a liquidation preference of
$1.25 per share, and in addition, all unpaid accumulated dividends  are  to  be
paid  before  any  distributions are made to common shareholders.  These shares
are subject to redemption  by  the Company at any time at a price of $1.25 plus
all unpaid accumulated dividends.   Each preferred share is convertible, at any
time prior to a notified redemption date,  to  one common share.  The preferred
shares have equal voting rights with common shares and no shares were converted
in 2004.  Dividends are not payable until declared by the Company.

On February 22, 2002, the Company filed a "Certificate of Designation" with the
Secretary of State with the State of Delaware to  designate 1,000,000 shares of
its Preferred Stock as "Series C Preferred Stock".  Each  share of the Series C
Stock shall be convertible into common stock of the Company based on the stated
value of the $2.00 divided by 50% of the average closing price of the Common
stock on five business days preceding the date of conversion. Each share of the
outstanding  Series C Preferred shall be redeemable by the Corporation  at  any
time at a redemption  price  of  $2.00 per share with interest of 8% per annum.
The holders of the Series C also possess liquidation rights of  $2.00 per share
superior in priority to holders of common stock or any junior securities.

On February 22, 2002, the Company filed a "Certificate of Designation" with the
Secretary of State of the State of  Delaware to designate 750,000 shares of its
Preferred Stock as "Series D Preferred Stock". Each share of the Series D Stock
shall be convertible into one share of  common stock of the Company. Each share
of the outstanding Series D Preferred shall be redeemable by the Corporation at
any time at a redemption price of $.001 per  share  with  interest  of  8%  per
annum.  The holders of the Series D also possess liquidation right of $.001 per
share superior in priority to holders of common stock or any junior securities.

On December 19, 2005, the Company filed a "Certificate of Designation" with the
Secretary  of  State  of the State of Delaware to designate 1,000,000 shares of
the  Preferred  Stock  as  "Series  E  Preferred  Stock".  Each  share  of  the
outstanding Series E Preferred  shall  be  convertible into common stock of the
Company based on the stated value of the $0.50  divided  by  50% of the average
closing price of the Common Stock on five business days preceding  the  date of
conversion.  Each  share  of  the  outstanding  Series  C  Preferred  shall  be
redeemable  by  the  Corporation  at  any  time  at  the  redemption price. The
redemption price shall equal $0.50 per share with interest of 8% per annum. The
holders  of  the  Series  E is entitled to receive $0.50 per share  before  the
holders of common stock or any junior securities receive any amount as a result
of liquidation.

Delmar Janovec, President &  CEO,  exchanged  the  interest  owed to him on the
dividends in the approximate amount of $1,600,000 for the new class of Series C
Preferred  Stock  that  was approved by the Board of Directors on  January  31,
2002.

NOTE 4-NOTE PAYABLE

The Company had the following notes payable as of 9/30/06.

Note dated April 12, 2005, interest is prime plus 3% originally  due
on  November 12, 2005, extended through November 4,2006, convertible
into 20,000,000 million shares of VoIPCOM USA, Inc. common stock.    $   80,000

Note dated February 2005, interest is prime plus 3%  due on  demand.
Convertible into RoboServer common stock based upon 50% of  the  bid
on a five day trading average.					     $   35,000

Note dated in 2002 is non-interest bearing and due on demand.	     $   50,000

Note  dated  August  31, 1998, and amended in  the fourth quarter of
2004, first quarter of 2005, and first quarter of 2006.   Payable to $  200,000
American Factors, in the original   amount of $430,000,  secured  by
300,000   shares  of  the  Company's  common stock. The  note  bears
interest at 15%.                                                     $    4,350

Note dated May 8, 2006, interest is 10% per annum and due  on May 8,
2008 with conversion rights into RoboServer Systems common stock     $  100,000

Note  dated  May  12, 2006, interest is 10% per annum and due on May
12, 2008 with conversion rights into Net2Auction common stock.       $  171,000

Line of Credit, prime plus 2%.					     $  100,000

Note dated June 28, 2006, interest is 10% per annum and due on  June
28, 2008 with conversion rights into BizAuctions common stock.       $  125,000

Note  dated  August  7, 2006,  interest  is 12% per annum and due on
February 7, 2007 with conversion into BizAuctions common stock.      $  250,000

Capital Lease for various equipment                                  $   14,730

								     -----------
Total notes payable						     $1,130,080
								     ===========

Less current portion                                                   (734,080)
								     -----------
Long-term portion                                                    $  396,000
								     -----------


Maturities of notes payable at September 30, 2006, are as follows:

2006		$ 734,080
2007		$     -0-
2008		$ 396,000
Thereafter		-
		---------
Current		$ 734,080
		=========

NOTE 5 - GOING CONCERN UNCERTAINTY


The accompanying financial  statements  have  been  prepared in conformity with
principles of accounting applicable to a going concern,  which contemplates the
realization of assets and the liquidation of liabilities in  the  normal course
of  business.   The  Company  has  incurred  continuing losses and has not  yet
generated sufficient working capital to support  its operations.  The Company's
ability to continue as a going concern is dependent, among other things, on its
ability to reduce certain costs, obtain new contracts  and additional financing
and eventually, attaining a profitable level of operations.


It is management's opinion the going concern basis of reporting  its  financial
condition  and  results of operations is appropriate at this time.  The Company
plans to increase  cash  flows  and  take  steps  towards  achieving profitable
operations through mergers and/or acquisition of profitable operations.


NOTE 6 - COMMITMENTS AND CONTINGENCIES

The Company, from time to time, may be subject to legal proceedings  and claims
that  arise  in  the  ordinary course of its business. The Company is currently
covered adequately for  workmen's  compensation,  business  property & casualty
insurance,  general liability, and auto meeting the standard limits  which  are
customary in the industry.

On March 28,  2006,  the  Company  and  Delmar  Janovec,  individually, and AFG
entered into a Settlement Agreement for full settlement of  the  existing  debt
including   interest   and   penalties  totaling  approximately  $646,312.  The
settlement called for a cash payment  of  $350,000,  pursuant  to the following
terms:

   A. AFG  received  a cash payment of $50,000 from the Company and/or  Janovec
      wired within  48 hours of both parties signing this agreement; and
   B. AFG is to receive  a  cash  payment  of  $200,000 from the Company and/or
      Janovec thirty (30) days from March 27, 2006; and
   C. AFG  is to receive a cash payment of $100,000  from  the  Company  and/or
      Janovec sixty (60) days from March 27, 2006; and
   D. AFG is to receive 1,244,620 shares of the Company's common stock.

The Company intends to pay the above amounts without the assistance of Janovec.
In exchange for the above payments, AFG agreed to release and forever discharge
AMRE  and  Janovec  any  liability  connected  to  the debt, and will cause the
judgments and/or liens against AMRE and Janovec. If  AMRE  fails  to  make  the
payments  above,  then the agreement will become void, and any payments will go
to reduce the original note.

The Company is in discussions with AFG to amend the terms of the Agreement. AFG
has been paid $150,000 to date by an officer of the Company.

Jacques R. Behar, Plaintiff  vs.  AuctionWagon  Inc., a California corporation.
The plaintiff filed a complaint in Superior Court  of California, County of Los
Angeles, Beverly Hills Courthouse, West District, Case  Number,  05C00539.  The
complaint  was  filed  for  the  collection  of  fees associated for accounting
services in the approximate amount of $9,115.28, plus  any  and all court fees,
that were alleged to have been provided by the plaintiff on or  about March 21,
2005.

The Company and the Plaintiff reached a settlement agreement on or about August
30, 2006, for $2,700, in cash, and the issuance of 3,800 shares of  Net2Auction
common  restricted  stock as full and final settlement with the Plaintiff.  The
Settlement calls for  a Dismissal in Court, without prejudice, for the Company,
Josh MacAdam, and David MacAdams.

Although there are some  contingencies  that  exist  with  the  Company and its
subsidiaries, there are no new contingencies that have occurred since  the last
year-end that have not been reflected in the financial statements.

NOTE 7 - MINORITY INTERESTS

During the period ended September 30, 2006, the Company was considered to  have
sufficient  ownership  and  control  of  RoboServer Systems Corp., Net2Auction,
Inc., and BizAuctions, Inc.; therefore the  companies  are  being  reported  as
subsidiaries  on  a  consolidated basis. Minority interest losses attributed to
RoboServer  Systems  Corp.,   Net2Auction,  Inc.,  and  BizAuctions,  Inc.  are
approximately $156,714, $203,283, and $325,341 respectively.

NOTE 8 - LEGAL

Jacques R. Behar, Plaintiff vs.  AuctionWagon  Inc.,  a California corporation.
The plaintiff filed a complaint in Superior Court of California,  County of Los
Angeles,  Beverly  Hills Courthouse, West District, Case Number, 05C00539.  The
complaint was filed  for  the  collection  of  fees  associated  for accounting
services in the approximate amount of $9,115.28, plus any and all  court  fees,
that were alleged to have been provided by the plaintiff on or about March  21,
2005.  The  Company and its counsel have been in discussions with the plaintiff
regarding a settlement  as  well  as  preparing  its case to defend the Company
should the complaint proceed through the Courts.

The Company and the Plaintiff reached a settlement agreement on or about August
30, 2006, for $2,700, in cash, and the issuance of  3,800 shares of Net2Auction
common restricted stock as full and final settlement  with  the  Plaintiff. The
Settlement calls for a Dismissal in Court, without prejudice, for  the Company,
Josh MacAdam, and David MacAdam.

<PAGE>   3

ITEM 2.     MANAGEMENT'S DISCUSSION & ANALYSIS OF FINANCIAL
             CONDITION AND RESULTS OF OPERATIONS

FORWARD-LOOKING INFORMATION

      This  quarterly  report  contains  forward-looking  statements. For  this
purpose, any statements contained herein that are not statements  of historical
fact may be deemed to be forward looking statements. These statements relate to
future events or to the Company's future financial performance. In  some cases,
you  can  identify  forward-looking  statements  by  terminology such as "may",
"should,"   "expects,"   "plans,"   "anticipates,"   "believes,"   "estimates,"
"predicts," "potential," or "continue" or the negative  of  such terms or other
comparable terminology. These statements are only predictions.   Actual  events
or  results  may  differ  materially.  There are a number of factors that could
cause the Company's actual results to differ materially from those indicated by
such  forward-looking  statements.  Although  the  Company  believes  that  the
expectations reflected in  the  forward-looking  statements  are reasonable, it
cannot   guarantee   future  results,  levels  of  activity,  performance,   or
achievements.

GENERAL

      AmeriResource Technologies,  Inc.  (the  "Company")  conducts  operations
primarily   through   its  subsidiaries,  including  RoboServer  Systems  Corp.
("RBSY"), Self-Serve Technologies,  Inc.  ("SSTI"), Net2Auction, Inc. ("NAUC"),
Net2Auction Corporation ("N2AC"), AuctionWagon  Inc. ("AWI"), Auction Boulevard
("AB") BizAuctions Corp. ("BAC"), and Kootenai Corp.  ("KNTI"). As of August 1,
2006,  the  Company  owned approximately 38.7% of NAUC common  stock  and  upon
conversion of the SuperVoting  Preferred collectively gives AMRE 69.6% control,
which owns 100% of N2AC and AWI.  NAUC  is  publicly  traded on the Pink Sheets
under  the  stock  symbol  "NAUC."  As  of  August 1, 2006, the  Company  owned
approximately  47.15%  of  RBSY's  common  stock and  upon  conversion  of  the
SuperVoting Preferred would give the Company approximately 76.2% control, which
owns 100% of SSTI. RBSY is publicly traded on  the Pink Sheets under the symbol
"RBSY." As of August 1, 2006, the Company's subsidiary, NAUC owns approximately
70% of KTNI's common stock and gives the company  majority control. KTNI's name
has been changed to BizAuctions, Inc. as of August  17,  2006,  and is publicly
traded  on  the  Pink  Sheets  under  the  symbol "BZCN." BAC is a wholly-owned
subsidiary  of  BZCN.  The  Company continues to  search  for  viable  business
operations  to  acquire or merge  with  in  order  to  increase  the  Company's
revenues, asset base, and to achieve profitability.

NET2AUCTION, INC.

      Net2Auction  is  an  operator  of  online  auction drop-off locations and
develops relationships with independently owned and/or franchised pack and ship
centers.   We  believe  Net2Auction is ideal for people  who  want  hassle-free
selling  of their used goods  online  using  eBay  internet  auction  site.  In
addition to  the  millions  of  people who trade on eBay, we believe there is a
large population of people who would  like to participate on eBay, but lack the
skills, time or inclination to sell online  directly.   Net2Auction serves this
population by extending the reach of eBay.

      Net2Auction  handles  all  aspects  of  selling  goods on  eBay  for  its
customers, including photographing the goods to be sold,  posting  a picture of
the  goods  on  eBay,  drafting  the  product  description  for  eBay, handling
inquiries from potential purchasers, selling the goods, processing payments for
the  goods,  and  taking care of shipping the goods to the final purchaser.   A
customer of Net2Auction  gets  a  majority of the proceeds from the sale of the
goods while Net2Auction does all the work.

      As of September 30, 2006, NAUC operates eighteen (18) drop-off locations,
in addition to the twenty-five (25)  affiliate  locations that were acquired in
our acquisition of Auction Wagon Inc., on September  30, 2005. During the third
quarter  of 2006, Net2Auction developed numerous business  commercial  accounts
with several  top  retailers-wholesalers  within  the  USA. Net2 liquidates the
excess  inventory and/or returned merchandise of such accounts  on  eBay.   The
Company has  obtained  such  commercial  accounts in a wide variety of business
industries  or segments, including golf products,  electronics-computer  items,
shoes for both  men  and  woman,  and  clothing  for  men, women, and children.
Net2Auction  continues  to  receive  a  customer satisfaction  rating  on  eBay
exceeding 99%.  Net2Auction is listed as  an  "eBay  Trading  Assistant," which
allows  the  Company  to reach millions of potential buyers for our  customers'
unwanted  goods or products.  To  learn  more,  please  visit  our  website  at
www.net2auction.com.

<PAGE>  4


AUCTION WAGON

      AWI was  incorporated  in  September  of  2003  and became the first eBay
consignment  store  in  the  Los Angeles market. AWI is the  first  company  to
qualify as both an eBay certified  developer and an eBay Trading Post. AWI is a
frontrunner in both the retail and software  segments  of  the  industry, being
featured in Entrepreneur, the New York Times, and the Wall Street  Journal. AWI
currently markets its consignment software to drop-off stores, and maintains  a
national affiliate network of drop-off locations.

      AWI's  software,  Store  Manager  Pro  G2,  performs virtually all of the
functions  needed  by  an  eBay  consignment  store, from  printing  contracts,
barcodes, and inventory labels to managing its  inventory,  payment,  shipping,
check  writing,  and  integrating  photo  editing. The Store Manager Pro offers
multiple  levels  of software supporting different  business  requirements  and
charges both a monthly  fee and an initial fee. The fees range from $99 to $330
per month, per customer.  Since January 1, 2006, AWI has added approximately 96
new  customer accounts. AWI's  software  continues  to  be  a  widely  used  by
commercial  business users doing business on eBay.  To learn more, please visit
our website at www.auctionwagon.com.

AUCTION BOULEVARD

      On September 14, 2005, NAUC acquired assets from AB. AB is an operator of
online auction  drop-off  locations. Among the assets acquired by NAUC were all
rights to the AB name, all  of  AB intellectual property, and all eBay accounts
opened by AB. Additionally, AB assigned  to  NAUC  the  lease to AB's principle
place of business, located in Encino, California.

      AB is a Trading Assistant, as determined by e-Bay,  with  operations  and
drop-off store
located  at  17412  Ventura  Boulevard, Encino, CA (northern Los Angeles area).
Auction Boulevard has accumulated in excess of 2,000 positive feedbacks on eBay
and has a 99% positive feedback.  To  learn  more,  please visit our website at
www.auctionboulevard.com.

BIZAUCTION, INC., FORMERLY KOOTENAI CORP.

      On June 27, 2006, Net2Auction acquired control  of Kootenai Corp. through
the  purchase  of Fifty Million (50,000,000) shares of common  stock  from  the
majority shareholder  of  Kootenai  Corp.  for,  One  Hundred  Seventy Thousand
($170,000)  US dollars. Kootenai Corp. later acquired BizAuctions  Corp.,  from
Net2Auction,  Inc.,  for  the  issuance of Fifty Million (50,000,000) shares of
common  stock  and  Twelve Million  (12,000,000)  shares  of  Preferred  stock.
Subsequent to the acquisition  of BizAuctions Corp., Kootenai Corp. changed its
name to BizAuctions, Inc. BizAuctions,  Corp.,  is a wholly-owned subsidiary of
BizAuctions, Inc. BizAuctions is a publicly traded  company which trades on the
Pink Sheets under the symbol of BZCN.

      BizAuctions,  Inc.  is  a prime provider of commercial  eBay  liquidation
services for excess inventory,  overstock  items, and merchandise that has been
returned. BizAuctions clients include some of the Nation's leading retail names
at the forefront of their industries.  To learn  more, please visit our website
at www.bizauctions.com.

ROBOSERVER

      RBSY  is  a leading provider of self-service technologies  to  restaurant
industries. RBSY's  self-serve  systems are designed to work like ATM machines,
allowing customers to quickly and  easily  place  orders, pay, and go. Industry
estimates  and market observations show that self-serve  technologies  can  cut
customer waiting time by as much as 33%.

            RBSY  kiosks  can  be  installed  in  any  restaurant in the United
States. RBSY also provides customers with custom software to allow the customer
to operate the kiosk with optimum efficiency. To provide  our  customers with a
custom  software  solution,  RBSY  has partnered with a leading kiosk  software
development company, St. Clair Interactive  Systems.   St.  Clair  provides our
customers with leading edge technology and online monitoring systems.  RBSY has
also  partnered  with  Renaissance Systems, a leading technology company.   Our
partnership with Renaissance  allows  RBSY  to  undertake  any and all customer
projects regardless of the size and scope.

            RBSY kiosks are manufactured by KIS Kiosks. RBSY's partnership with
KIS  allows  us  to  offer  the  competitive  pricing and top quality  hardware
products  available.  The  market  for  RBSY's  point-of-sale   and  self-serve
technologies is increasing rapidly.  Business owners are seeking out self-serve
kiosks  to  allow  such  owners  to  provide  more  efficient service to  their
customers as well as reduce labor costs.

      RBSY has installed two (2) pilot RoboServer self-serve  units  in two (2)
different  fast-food  franchisees,  with  the  first  installation  at Angelo's
Burgers  in  Encinitas,  CA  and  the  second  installation  at  Dairy Queen in
Oceanside, CA. The Angelo's Burgers installation was completed in  the  fall of
2005,  and  the  Dairy  Queen  in the spring of 2006. RBSY continues to receive
numerous inquiries from some of the leading fast-food chains for the RBSY self-
serve kiosks. SSTI is a wholly-owned  subsidiary of RBSY and is the entity that
has performed all of the research, development, and modifications since the POS
software and self-serve technologies were  acquired  on  or about May 15, 2004.
To learn more, please visit our website at www.roboservercorp.com.

<PAGE>   5


RESULTS OF OPERATIONS

      The following discussion should be read in conjunction  with  the audited
financial  statements and notes thereto included in our annual report  on  Form
10-KSB for the  fiscal year ended December 31, 2005, and should further be read
in  conjunction  with   the  financial  statements  included  in  this  report.
Comparisons made between  reporting  periods herein are for the three and nine-
month periods ended September 30, 2006, as compared to the same period in 2005.

      Revenues for the third quarter ended  September  30,  2006,  increased to
$261,154  from  $42,405  in  revenues for 2005. The Company's net loss for  the
quarter ended September 30, 2006,  decreased to $426,273 from $468,327 in 2005.
The Company's expenses for the third  quarter  ended  September  30,  2006,  as
compared to 2005, are set forth below:




          EXPENSES           QUARTER ENDED 9/30/2006	QUARTER ENDED 9/30/2005
--------------------------   -----------------------	-----------------------

General and Administrative           	     188,550                    180,241
Consulting                           	     478,710                	173,677
Employee Salaries and
   Bonuses		        	      25,000             	 25,000
Interest Expense                     	      36,086                  	 23,883
Legal and Professional               	     119,507                	109,510
Research and development           		   -                     66,350
Cost of goods sold              	     266,107                     93,874
					   ---------		      ---------
       TOTAL EXPENSES              	   1,113,960       		672,535
					   ---------		      ---------

      The  increase  in  expenses for the third quarter of 2006 relative to the
same  period  for 2005 is primarily  related  to  the  increase  in  general  &
administrative expenses to $1,113,960 for the quarter ended September 30, 2006,
as compared to  $672,535  for  the  same period in 2005, legal and professional
expenses increasing to $119,507 for the  quarter  ended  September 30, 2006, as
compared  to  $109,510  for the same period in 2005, research  and  development
expenses decreased to $ 0   for  the  quarter  ended  September  30,  2006,  as
compared  to  $66,350  for  the  same  period  in  2005, and cost of goods sold
increasing to $266,107 for the quarter ended September 30, 2006, as compared to
$93,874 for the same period in 2005.

LIQUIDITY AND CAPITAL RESOURCES

      The Company's net cash used in operating activities  for  the nine months
ended September 30, 2006, increased to $771,791 as compared to net cash used in
operating activities of $481,581 for the same period in 2005.  This increase is
mainly  attributable  to  the  increase  of  operations and the acquisition  of
additional subsidiaries in the development stages  of operations.  The increase
in  net  loss  of  $1,579,655  for the nine months ended  September  30,  2006,
compared to a net loss of $1,455,624 for the same period in 2005, was primarily
due to an increase in G & A expenses.

      Net cash used in investing  activities  increased  to  $  403,259 for the
nine-months  ended  September  30, 2006, as compared to $302,127 for  the  same
period in 2005. This increase is  due to the purchase of BizAuctions, Inc., and
the purchase of inventory assets relating  to various contracts the Company has
with the retailer-wholesalers.

      Net cash provided by financing activities  was $1,216,128 for nine-months
ended September 30, 2006, compared to $1,062,033 for  the  same period in 2005.
This increase is due to increased borrowing and the issuance  of  common  stock
effected to facilitate our investing activities.

      The  Company  has relied upon its chief executive officer for its capital
requirements and liquidity,  in  addition  to raising capital from investors at
the subsidiary level. The Company's recurring  losses,  lack  of cash flow, and
lack  of cash on hand raise substantial doubts about the Company's  ability  to
continue  as a going concern.  Management's plans with respect to these matters
include raising additional working capital through equity or debt financing and
acquisitions  of  ongoing concerns, which generate profits, ultimately allowing
the Company to achieve  consistent  profitable  operations.   The  accompanying
financial  statements  do  not  include any adjustments that might be necessary
should the Company be unable to continue as a going concern.

OFF-BALANCE SHEET ARRANGEMENTS

      We do not participate in transactions  that  generate  relationships with
unconsolidated  entities  or  financial  partnerships,  such as entities  often
referred  to as structure finance or special purpose entities  ("SPEs"),  which
would have  been  established for the purpose of facilitating off-balance sheet
arrangements or other  contractually  narrow or limited purposes as part of our
ongoing  business.  As of September 30, 2006,  we  were  not  involved  in  any
unconsolidated SPE transactions.

<PAGE>   6


ITEM 3.CONTROLS AND PROCEDURES

      Within the 90 days  prior to the date of this report, the Company carried
out an evaluation, under the  supervision  and  with  the  participation of the
Company's management, including the Company's Chief Executive  Officer  and the
person performing functions similar to that of a Principal Financial Officer of
the  Company, of the effectiveness of the design and operation of the Company's
disclosure controls and procedures pursuant to Exchange Act Rule 13a-15.  Based
upon the  evaluation,  the  Company's  Chief  Executive  Officer and the person
performing functions similar to that of a Principal Financial  Officer  of  the
Company  concluded  that  the  Company's  disclosure  controls are effective in
timely alerting them to material information relating to the Company (including
its  consolidated  subsidiaries)  required  to  be included  in  the  Company's
periodic SEC filings. There have been no significant  changes  in the Company's
internal controls or in other factors which could significantly affect internal
controls subsequent to the date the Company conducted its evaluation.


                          PART II - OTHER INFORMATION

ITEM 2.     UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

      Although the Company did not issue any of its own common stock during the
quarter  ended  September  30,  2006,  the Company's minority owned subsidiary,
Net2Auction, and its majority owned subsidiary,  BizAuctions,  Inc.  did  issue
common stock in conjunction with one acquisition.  Because we have consolidated
our  financial  statements  to include Net2Auction, Inc. and BizAuctions, Inc.,
the following is a disclosure  of  their  equity  issuances  during  the  third
quarter.

      BizAuction,  Inc.  closed a Stock Purchase Agreement, on June 28th, 2006,
by and between Net2Auction, Inc. for the issuance of Fifty Million (50,000,000)
shares of common restricted  stock  of  BizAuctions,  Inc.,  and Twelve Million
(12,000,000) shares of Series A Preferred. The securities, which were taken for
investment and were subject to appropriate transfer restrictions,  were  issued
without  registration  under  the  Securities  Act  upon exemptions provided in
Section 3(b) and 4(2) of the Securities Act and Regulation D.

ITEM 5.     OTHER INFORMATION

      On July 14, 2006, NAUC entered into a Lease Agreement ("Lease") with Mars
Enterprises, Inc. for the premises located at 1510 Corporate  Center Drive, San
Diego  California. The Lease term is three (3) years and three (3)  months  and
the Lease will terminate on October 17, 2009. The premise governed by the Lease
is freestanding  industrial  warehouse space consisting of approximately 20,193
square feet. Rent under the lease  is  $12,155.60  per  month.  The  Lease  was
guaranteed by Delmar Janovec and Brent Crouch.



ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K

      (a)Exhibits  required to be attached by Item 601 of Regulation S-B
         are listed in the Index to Exhibits beginning on page 8 of this
	 Form 10-QSB, which is incorporated herein by reference.

<PAGE>  7



SIGNATURES

      In accordance with the  requirements  of the Exchange Act, the registrant
has caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.

AMERIRESOURCE TECHNOLOGIES, INC.

/s/ Delmar A. Janovec
----------------------------------------------
Delmar A. Janovec, Chief Executive Officer and
Principal Financial Officer



Dated: November 20, 2006

<PAGE>   8



                              INDEX TO EXHIBITS

EXHIBIT                 DESCRIPTION

3.1                     Articles of Incorporation of the Company. (Incorporated
			by reference  from the Company's  Form S-4, file number
			33-44104, effective  on  February 11, 1992.).

3.2                     Bylaws  of the Company. (Incorporated by reference from
			the Company's Form S-4, file number 33-44104, effective
			on February 11, 1992.)

10.1                    Settlement  Agreement, dated  March  27,  2006,  by and
			between  American  Factors  Group,  LLC,  AmeriResource
			Technologies, Inc., and Delmar Janovec.

10.2                    Acquisition    and    Asset  Purchase Agreement between
			Net2Auction and  AuctionBoulevard, Inc. dated September
			27,  2005. (filed as  Exhibit  10.1  to  the  Company's
			Current  Report  on  Form 8-K filed on October 5, 2005,
			and incorporated herein by reference).

10.3                    Acquisition    and  Stock   Exchange Agreement  between
			Net2Auction and AuctionWagon  Inc., dated September 30,
			2005.  (filed   as Exhibit 10 to the  Company's Current
			Report  on  Form  8-K  filed  on October  12, 2005, and
			incorporated herein by reference).

10.4                    Acquisition  and Stock Exchange  Agreement  between the
                        Company and RoboServer Systems Corp.  dated  August 26,
                        2004  (filed as Exhibit 10(i) to the Company's  Current
                        Report  on    Form  10-KSB filed on April 15, 2005, and
                        incorporated herein by reference).

10.5                    Acquisition and Stock  Exchange  Agreement  between the
                        Company and Net2Auction, Inc. dated December  2,  2004.
                        (filed  as  Exhibit  10(ii)  to  the  Company's Current
                        Report  on  Form  10-KSB filed on April 15,  2005,  and
                        incorporated herein by reference).

10.6                    Fourth  Addendum  Settlement  and   Release   Agreement
			between  the  Company  and  American Factors Group, LLC
                        dated February 28, 2005. (filed  as Exhibit 10(iii)  to
                        the Company's Current Report on Form  10-KSB  filed  on
                        April 15, 2005, and incorporated herein by reference).

10.7                    Share  Purchase Agreement, dated as of April  15, 2005,
                        by and between  AmeriResource  Technologies,  Inc.  and
                        BBG,  Inc.  (filed  as  Exhibit  10.1  to the Company's
                        Current Report  on  Form  8-K filed on August 19, 2005,
                        and incorporated herein by reference).

10.8                    Promissory Note, dated as  of April 12, 2005. (filed as
			Exhibit  10.1  to the Company's  Current Report on Form
			8-K  filed  on August 19, 2005, and incorporated herein
			by reference).

14                      Code of  Ethics  adopted  by  the  Company.  (filed  as
			Exhibit 14 to the Company's Form  10-K  filed on  April
			18   2006,   and  incorporated  herein  by reference).

21                      Subsidiaries  of Registrant (filed as Exhibit 21 to the
			Company's  Form 10-K  filed  on  April  18,  2006,  and
			incorporated herein by reference).

31.1                    Certification  of Chief Executive Officer under Section
			302 of the Sarbanes-Oxley Act of 2002.

32.1                    Certification    of    Chief    Executive   Officer  of
			AmeriResource  Technologies, Inc. Pursuant to 18 U.S.C.
			[section]1350


<PAGE>   9