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Friday, 07/21/2017 3:44:42 PM

Friday, July 21, 2017 3:44:42 PM

Post# of 11983
AMMX: under the radar, great SS, no dilution:

AmeraMex International Received $208,000 in Equipment Orders and $500,000 in Rental Agreements
CHICO, Calif., July 21, 2017 (GLOBE NEWSWIRE) -- AmeraMex International, Inc.(AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, and tactical vehicles for military organizations, received a $100,000 order for a Taylor Forklift from a Virginia-based lumber company, which will ship this month, and a $108,000 order for bomb carts from a customer in the Philippines.
According to AmeraMex(AMMX) CEO Lee Hamre, “Earlier this month the Company acquired a small fleet consisting of 15, one-year old Taylor forklifts with a retail value of approximately $1.2 million. This week the Company received rental agreements on four of the forklifts ranging from six months to 24 months. The total revenue is approximately $500,000 - $240,000 for the six-month period and $288,000 for the 24-month period.”

AmeraMex (AMMX) is expecting purchase orders for four additional forklifts from a Southern California customer.

Majority of OS Restricted
Authorized Shares 1,000,000,000 a/o Mar 31, 2017
Outstanding Shares 754,815,879 a/o Mar 31, 2017
Float 207,498,438 a/o Mar 31, 2017

Business Description

AmeraMex International, Inc. sells, leases and rents new and refurbished heavy equipment in the U.S. and internationally. The company recently added a line of tactical military vehicles specifically targeting African countries. Management has developed strategic partners and contacts internationally, especially in Africa, to take advantage of the improving global infrastructure construction market and the increased import and export of natural resources. Today, the Company’s geographical reach includes the Americas, Africa, Asia, and Eastern Europe. AmeraMex, a Nevada-based company, was incorporated on May 29, 1990, but had limited operating history until its merger with Hamre Equipment, Inc. in 2006. Hamre Equipment was founded by Lee Hamre in 1989 as a private company based in Chico, California. AmeraMex currently has 240 shareholders of record and trades on the OTC Market System with AMMX as its trading symbol.

Website: http://www.ammx.net
Phone: 530-895-8955
Email: lee@hamreequipment.com

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