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Yeah you sure do...why you are here posting about a penny stock LOL
Net loss for the year was ($764,741) compared to net income of $1.0 million for the comparable 2022 year-end
0.1262-0.0228 (-15.2685%) LOL divided 50 for pre-split = .002524
Hamre Equipment Joins LiuGong North America Dealer Network
KATY, Texas – January 22, 2024 – LiuGong North America welcomes Hamre Equipment to its dealer network. The Chico, California-based company has expanded from material handling equipment (MHE) into construction equipment (CE) since being founded in the late 1980s and has established a foothold in the region.
Hamre Equipment also has international roots, as company CEO Lee Hamre met AmeraMex International in Mexico when Hamre Equipment worked to expand into international markets. AmeraMex International has three business units: Hamre Equipment Inc., Hamre Heavy Haul and Hamre Parts & Service.
After starting as a dealer of forklifts and compact truck loaders, Hamre Equipment began adding construction equipment to its range of offerings. It serves the industrial construction, intermodal, sales, forestry and transportation industries.
Hamre Equipment President Brian Hamre noted the opportunity to join the LiuGong dealer network has come in two stages, starting in the material handling equipment space six months ago and adding construction equipment products two months ago. A customer has already acquired a medium-size LiuGong wheel loader from Hamre.
“It’s pretty fresh, but we’re happy to add LiuGong products to our dealership,” Brian Hamre said. “We’re just getting our feet into it. We’ve had some good acceptance on the forklift side in the Northern California market. Now that we’ve added the construction equipment side, we’re just now ramping that up to get noticed.”
Andrew Ryan, President, LiuGong North America, hailed the Hamre group’s longtime standing within the region.
“We’ve added the Hamre group in Northern California, a longstanding equipment dealership network with a really strong forklift presence in that part of the world. We’re excited to have them as part of the LiuGong team,” Ryan said.
“The Hamre group has great history with material handling equipment,” added Jared Ward, Vice President, Material Handling, LiuGong North America. “We look forward to growing with them as they join the LiuGong family.”
LiuGong North America continues to grow its footprint in the North American market by providing high-performance and high-value machines. To learn more about the company, visit https://www.liugongna.com/.
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Yeah a long time ago...I made good money twice but once the Niger truck deal was a lie I got out and never regretted it. That should have told anyone the
company was not to be trusted.
Was never much potential here...very small company that should have never been public and a penny stock scam most of the time.
All one has to do is look at the Ameramex place of business and realize you could drive right by it and never know, Might think it was
a junk yard
Plus the pink sheets are not "the market"
IMO they did the R/S split for one reason only and that was because the SEC was sending them letters because they kept falling below .01 which you can't do on OTCQB. Now ironically after all the money spent to get everything done to get on the OTCQB and pay $10,000 annual fee to stay on the OTCQB they are unlisted again and back on the PINKS LOL Pretty much a scam at this point...only thing that kept them moving back in the day was BS possible overseas deals that never came to fruition. The Ghana Rail System and Niger Truck "deals" alone were supposedly $740 Million total. At least that sparked some interest even if it was a flat out lie.
As far as at home they used to always do container handler refurbs for decent money but you never see that anymore. Bottom line AMMX is a stinky pinky and always has been. Dump it and forget it
I know...funny thing is when I originally bought AMMX based on the BS Niger Truck deal that was about 10 years ago and it was .004/.005 range then. (500,000 shares) and now it is the same price LOL. I have been out a long time with the exception of like 700 shares. When it got over .035 I bailed and good thing. Funny to see it back on the Pinks again and the Yield sign. It is basically a POS now
Hope Stone, our previous CFO, has agreed to stay with us as we were able to mutually find areas where we could reduce her hours.
https://www.proactiveinvestors.com/companies/news/1015007/ameramex-international-ceo-pleased-with-1q-results-1015007.html
LOL
Statement of Operations for the Quarter Ended March 31, 2023
The company reported revenue of approximately $3.2 million, a 35 percent decrease when compared to revenueof approximately $5.0 million for the quarter ended March 31, 2022. This decrease is due in part to steps taken by the Federal Reserve to lower/contain inflation and the delayed renewal of a U.S. Government contract.
Gross profit for the quarter was $818,308, a significant reduction when compared to gross profit of $1.2 million for the comparable quarter.
Net income for the quarter was $101,103 compared to net income of $258,317 for the comparable quarter. Earnings per share were $0.01 for the quarter compared to $0.02 for the comparable 2022 quarter
“I would also like to acknowledge that during the year-end and first quarter transition period, our newly hired CFO decided to explore another opportunity
LMAO or any other quarter.
not unreal at all...just typical AMMX
LOL Back on the PINKS...Must be time to go on an African Safari
https://www.otcmarkets.com/filing/html?id=16547371&guid=fIm-kFxVe6GWJth
https://finance.yahoo.com/news/ameramex-international-begin-trading-otc-151500639.html
Never gonna happen
No the Africa/Overseas deals were BS but it at least made the PPS go up but it is a penny stock for a very very small company so not sure why much would be expected
Not since the Niger Truck BS
The Annual Fee is $12,000 (U.S.) for each twelve-month period
So money not well spent in this case
Nothing new here...
.27 divide by 50 is .005
That is what I bought it at almost 10 years ago LOL
They did a R/S split to stop getting letters because it was constantly dropping below a penny after they got off the pinks to OTCQB and you can't do that.
Only made a nice chunk of money off it because of the lie that was the Niger Truck deal
It went to .04 I bailed
yeah right
Never does...
WFD...Still barely over a penny...It was higher than that before the R/S...just saying it had nothing but a temp effect which is obvious.
True here though...split will be 2 years ago next month and the current price of .3429 divided by 50 = .006858 So still sub penny 2 years later What it has done for over a decade
Over double in 6 weeks? LOL
Did you expect anything but glowing accolades from Lee when talking about his own son LOL Same ole AMMX
Nope as expected and this December will already be two years since the split and it is still sub penny based on the pre split price...same old AMMX
Dumping $50,000 into AMMX is a not a good idea
They did the R/S because they could not keep it above .01 several times which is a requirement to be on OTCQB and they got letters at least twice so in my opinion that is the only reason they did it. It would be sub penny right now pre split which means they would have been dumped back onto the Pinks if they didn't get it to .01
Already did that and it did nothing in almost 2 years now. .32 divided by 50 = .0064
So that is what it would be pre split and that was normal
Only problem is they are just a very small business that went public just to infuse some money. Go back pre split and this is a sub penny stock right now, Only did the split because they got letters at least twice for falling below a penny and you can't do that on OTCQB. It is .37 or .007 pre split...typical at least since 2013
The "seller" as in it is just one person has been mentioned multiple times for years. So it is never one guy that will go away...it has happened many many times over the years.
lol same ole ammx
Even that is wishful thinking
Doesn't explain the last 10 years...same thing year after year with AMMX.