AmeraMex International Inc. (AMMX)

[gtoken65]

Well not to beat a dead horse as it is over and done with but I believe much faith and possible serious growth was lost when they finally admitted the Niger deal was not happening. That had been touted as the beginning of everything from Audits to opening up the gateway to other deals in Africa. After 3 years of that and then come out and say ooops not gonna happen, sorry bout that. Very poor on the confidence of anything after that and this audit is just another example of not meeting their own timelines. Sucks for all of us... .0071 is pathetic

How can you put any faith in this? Could be a typo but it was Niger not Nigeria...didn't even get the country right LOL

March 25, 2016
I hope that makes sense to you but our contact at Ecobank is Muhammad Islami, I speak to him on a regular basis and I am trying to get this done. I can't promise that the deal's going to happen yet but I think I finally found an avenue to getting around some of the big problems we ran into.

So please don't take this as a commitment that the deal is done, it just is a commitment and I haven't given up and I am still working on it.

Aug. 24, 2016 4:04 PM ET
An update on African opportunities, in Nigeria, we've pretty much decided that our truck project we worked on for such a long time is just not going to get awarded to anyone. The financial position of the country of Nigeria has got worsened considerably.

Nobody wants to take on the risk, even the Chinese banks are backing away. So, it's just not something we're going to spend a lot of time on. We need to put our time into profitable investments.