$AMMX US Army shipment update
AmeraMex International Ships Equipment to US Army Generating $1.7 Million in Revenue Over a Five-Year Period
Sep 21, 2016
OTC Disclosure & News Service
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AmeraMex International Ships Equipment to US Army Generating $1.7 Million in Revenue Over a Five-Year Period
CHICO, CA--(Marketwired - Sep 21, 2016) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging and mining companies, received a five-year rental agreement from the US Army for rail maintenance equipment in early August. The equipment, consisting of a rail ballast regulator and a rail ballast tamper, has shipped and will go into service October 1, 2016.
According to CFO Tracie Hannick, the SEC audit is progressing as planned with auditors planning to finish the audit the first week in October.
About AmeraMex International
AmeraMex International sells, leases and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping logistics, mining and commercial farming. AmeraMex, with customers in the Americas, Africa, Asia and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc., Terex Heavy Equipment and Swiss heavy equipment manufacturer Menzi Muck. For more information visit the AmeraMex website, www.ammx.net or www.hamreequipment.com.
Except for the historical information contained herein, statements discussing sales or revenue projections are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from any forward-looking statements made herein.
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