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Re: None

Wednesday, 01/19/2011 10:31:39 AM

Wednesday, January 19, 2011 10:31:39 AM

Post# of 6022
Here is our first alert of sorts: AMTA

This one is just purely undiscovered. PPS is .01 now

AMTA

Start here http://www.otcmarkets.com/stock/AMTA/company-info

See the SS? See the PPS .01? That can't be right... Now see this...

http://www.amistar.com/

The company is just a shell but they have kept the site up, only to provide financial reports and shareholder updates. Click the "For Amistar Corporation
Investor Information: Click Here" Link


Here's the first link, a Proxy dated November 13, 2010

http://www.amistar.com/docs/amistar-corporation-proxy-statement-2010.pdf


Highlights straight from the Proxy:

At the close of business on the record date, there were outstanding 3,307,544 shares of common stock of the Company (the "Common Stock").

1)The Company is actively seeking another company with which to merge. This would be considered a “reverse merger” whereby the new company would wish to utilize Amistar’s long history and shareholder list as aids to NASDAQ listing after registering as a reporting company. If a suitable candidate is identified, management proposes to enter into a merger agreement with said company. 2) As an alternative to 1), the Company is seeking to acquire a company, product line or technology. This is a situation whereby the selling company or licensee desires to utilize Amistar’s net operating loss for tax purposes.

Insider Ownership: 1,298,000 owned by insiders, many for more than 25 years and bought above $7.00

Float: 2,009,544


At .01 the market cap is $33,075.44


Here is another link dated July 30, 2010:

Letter to shareholders announcing new CEO and plans to find a merger candidate

http://www.amistar.com/docs/Letter-To-Stockhoders-7-30-2010.pdf


California SOS is Active since 1971:


Go to http://kepler.sos.ca.gov/
Click the bubble "Corporation" and Enter "Amistar Corp", click Amistar Corporation


In summary, this is a shell play with 3,307,544 shares outstanding and a float of 2,009,544 shares. The company has been in business for 40 years. They have stated in writing that the only use for the company is a reverse merger, and they have appointed someone whose sole purpose is to do that.

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