AMMX: great SS, no dilution, Huge News out, under the radar:
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