InvestorsHub Logo
Followers 45
Posts 7851
Boards Moderated 0
Alias Born 09/11/2013

Re: None

Wednesday, 02/22/2017 10:42:36 AM

Wednesday, February 22, 2017 10:42:36 AM

Post# of 51028
Good Morning fellow Ammxers and visitors to our board. Did anyone get any new news from the company, or are they still being quiet?
I guess that the armored vehicle business deal fell through. Too bad. I was hoping that this would come to fruition. With Lee's presence in Africa this could have been huge, I could be wrong but it seems to me that even those poor countries seem to find the money to buy weapons and armored vehicles, in other words military spending seems to be more important than infrastructure.
The other thing I am disappointed about had to do with the availability of used equipment from China. Lee made it sound like it would be good as AMMX could purchase and resell or ourchase and refurbish and resell and make a good profit. BUT so far no movement on that , not even a mention. There was one thing about that that seemed odd and that was the cost of buying used equipment from China and shipping back to Chico for refurbishment then possibly shipping it out again to a foreign customer. They were also supposed to be getting a good income from bringing older pieces of equipment up to new EPA standards.