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If AMMX is to achieve the revenue levels suggested by Lee in the recent podcast we need to see about 1.3 mil weekly for the next eight weeks.
If that were to be pulled off it would gain a lot of attention.
Lets hope he's spot on.
Hoping relentless seller gets exhausted soon!!!
AmeraMex International Receives Equipment Orders Totaling $746,500
AmeraMex is an approved vendor for California’s Clean Off-Road Equipment Voucher Incentive Project
CHICO, CA August 3, 2022 – AmeraMex International, Inc. (OTCQB: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received two equipment orders totaling $746,500. This order brings year-to-date sales to $15.8 million.
The orders consist of the following equipment:
2015 Taylor Forklift shipping to a large forest products company;
Taylor Forklift
two Tico Yard Spotter Truck for moving trailers and cargo containers;
Tico Yard Spotter Truck
a Hyundai Mini Excavator;
Hyundai Mini Excavator
a Taylor 975 Top Picker;
Taylor Top Picker
and a LiuGon 8,000-pound capacity Forklift.
LiuGon Forklift
All of the equipment is shipping to a container-transfer yard on the West Coast. The equipment is scheduled to ship in the third quarter ending September 30, 2022.
Management also announced that AmeraMex (dba Hamre Equipment) has become an approved vendor for the Clean Off-Road Equipment Voucher Incentive Project (CORE) program. The California Air Resources Board (CARB), in partnership with CALSTART, launched the CORE program to encourage California companies to purchase or lease currently commercialized zero-emission off-road freight equipment by providing a streamlined voucher process to offset the higher cost of such technologies. Under the program, AmeraMex will be selling the Elise 900 billed as the first fully electric skid steer loader. The Elise 900 is rated to lift up to 1,984 pounds and run for two to eight hours on a battery charge. The Elise retails for $122,000 without attachments.
For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the First Green Industries’ 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.
No doubt this large offloading of shares is depressing the share price. However it is not depressing the company’s sales and profits, which are expected to set a new record for full year 2022.
In other words the share price is artificially low, giving investors an unrepeatable chance to buy in cheaply.
That person owned 11.7 % of AMMX in 2018. In 1989 he was a partner with Lee, later CFO, and later a member of the board. Inquiring minds want to know who is selling, what is going on, why it is going on, when it will be over and why the company is so silent.
Possibility I guess! If so, when its done...relief.
Selling them to the new president?
This was from that post.
The unrestricted shares were 5,151,694 earlier in the year. Now they show 6,509,794. That's about 1,358,100 shares added on. Funny that Warren Murphy cat had that exact amount. Who knows what he even did to get that many shares, but he must be having a fire sale.
I posted who it was and how many shares they had a while back. I'd have to look back to see the amount and person though. A lot of the "insiders" shares are kind of suspect to me, but whatever.
If I recall correctly from AMMX fillings he had about 60 million shares PRE split. Maybe it is not this person but it is mysterious to me.
I feel like it has to be him. Too many for anyone else really.
Is there a deep dark secret hidden from investors? Probably not...Just a massive seller with a million shares(?) or more to liquidate. I recall one stock owner who had more. Wonder if that is who is selling!
I'd been hoping to hear words of encouragement from the new leadership, looks more likely he'll be following the old playbook.
NITE OFFERING EVERY SINGLE DAY.
It is true, but also interesting that someone is still bidding up despite their willingness to sell lower. Most volume lately the stock has seen in many years.
More like a shrinking stock
This stock is a growth stock and huge potential. I am here for the long haul.
NITE,SELLER.10K SHARES ALL DAY,EVERY DAY.UNREAL.
And of course Who is the steady buyer of these shares.
And the big seller keeps on doing it......seemingly endless supply.
Q2 IS DUE ANY DAY NOW.LET'S SEE HOW BIG THE NUMBERS WILL BE.
NITE OFFERING 57K AT .65.LOL.
Well the volume has exploded upwards and that is a good sign. I'm not worried. Great opportunity for people to load up. I'm certain the pps will prove to be way undervalued right now.
For those that didn't tune in to Lee's interview, it's worth noting Lee stated that looking forward over the next 3 months there are opportunities that could easily double the current revenue and during the final quarter he sees the potential to do half again as much as q-3.
As I calculate what he said the year end revenue could push 35 mil. Will it happen, who knows, but I've been on asking for projections from the company and now we have it.
NITE BACK ON THE ASK.HE SOLD A GOOD AMOUNT OF SHARES TODAY.AND HE WANTS MORE.LOL.
NOTHING SPECIAL.
The conversation then turned to the challenges of rising inflation and industry costs. "What is your company doing to mitigate these hurdles in today's market?," asked Copley. "The profits are fine, but we have had to increase our shop rate and we have increased our cost per mile when service trucks go out," explained Hamre. "We have to compensate for the change in costs, but everyone in our industry is doing the same thing."
Nice podcast today with Lee Hamre:
https://stocks.apple.com/A2PTlItUaTBCq89aq4t-WVA
Was a nice sized buy. Need more of that.
.55/.57...long way from .80 but finally going in right direction.
nice ...bid is keeping up as well...Need white candles to stack though
Nice pop...lets see if it stays up on news.
I see it concerning that Brian hasn't provided any statement relative to the company and how management intends to shape the company is going forward. Unless however his intent is simply business as usual...Zzzzzzzzzzzzzzz
lol.i doubt it.she just is trying to avoid it.
Oddly no, she used to always respond. Maybe just busy?
Was a response ever received from Marty?
Interesting that there has been a recent and consistent buyer in this range who has not backed off the.04 bid.
agreed and at some point, acceptance has to overtake frustration...The market is littered with more shareholder friendly plays...
Yes, shareholders are frustrated that they treat it like a Mom and pops, but went public. They really aren't doing anything for the stock, just business as usual. It's no doubt an insider or former insider is selling. At this point, why even give board members any shares. Since they don't really try to bolster the stock, they are essentially self enriching because they are the only ones who could sell and profit at these levels.
frustration? AMMX has been pretty straight forward for years. It actually is a good mom and pop business that should not be publicly trading...
please Do.Thank you.
I just sent Marty a long email voicing frustration. Will let you know if I hear anything. Only insiders at this level, has to be.
THE SCAMBAG SELLER READS THE POSTS HERE.NOW NITE AT .42.LOL.
Why would they want to shake out traders...going private and offering a low price to public?????
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AmeraMex website, www.AMMX.net or www.hamreequipment.com.
LATEST NEWS !!!!!!!!!
TOTAL SALES for 2022 $17.5 Million $$$$
AmeraMex International Receives Equipment Orders Totaling $371,169
October 25, 2022
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AmeraMex International secures equipment orders totaling $574,000
July 06, 2022
$1.2 Million Equipment Order from US Military
June 29, 2022
AmeraMex International Receives Orders Totaling $1.1 Million
May 31, 2022
AMMX Orders Totaling $547,000
May 16, 2022
AmeraMex International Receives Orders Totaling $770,000
May 11, 2022
GO AMMX $855,000 RECEIVED
AmeraMex International Receives Orders Totaling $855,000
Chico, CA May 03, 2022
AmeraMex International Receives Orders Totaling $515,000
April 27, 2022
New Orders Totaling $1.2 Million
April 12, 2022
AmeraMex International Receives Orders Totaling $1.2 Million
Mar 21, 2022 | AMMX News
AMMX Receives 1.139 mil in new orders
February 24, 2022 This brings Y-T-D sales totaling $3.9 million
January 14, 2022
AmeraMex International Inks Orders Totaling $ 1.065,000 Million
February 15, 2022
((((((( $$$ Fiscal 2021 Y-T-D Sales Total $28.7+ Million $$$ )))))))
Market Cap Market Cap
Authorized Shares
Restricted
Outstanding Shares
Unrestricted
AmeraMex International, a TRACE certified company, sells, leases and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping logistics, mining and commercial farming. AmeraMex has over 40 years of experience in heavy equipment sales and service and a customer base in the Americas, Africa, Asia and Eastern Europe. AmeraMex inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc., Terex Heavy Equipment, Barko Hydraulics, Menzi Muck AG and Genie. For more information visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com.
AmeraMex International, Inc. Company Profile
AmeraMex International Inc. provides heavy equipment to high growth industries, such as heavy construction, surface mining, infrastructure, logging, shipping and transportation. AmeraMex has four business units, Hamre Equipment Inc., Hamre Heavy Haul Industry, which includes Hamre Equipment Acquisiton, Hamre Parts & Service, and John's Radiator. Over the past 30 years, AmeraMex has grown from a used forklift dealer in Northern California to the owner and operator of a $5.0 million fleet of heavy equipment for sale, lease or rent to companies in the United States, as well as companies located in Canada, Indonesia, Germany, Singapore, Vietnam, China, Russia, Central America and Mexico.
AmeraMex business units are authorized dealers for quality manufacturers, such as Taylor Machine Works, Terex Heavy Equipment, and Barko Hydraulics. The company carries a large inventory of front end loaders, scrapers, excavators, backhoes, rock trucks, container handlers, log loaders, forklifts, wheel loaders, trucks and trailers. AmeraMex maintains a complete maintenance organization, which includes a large parts inventory and service department, complete with steam cleaning services, sand blasting and paint shop.
AmeraMex supplies heavy equipment to many different industries. The fastest growing market for AmeraMex is the shipping industry. The company maintains an extensive line of equipment for the loading and off-loading of shipping containers from ships coming in and going out of ports up and down the West Coast of the United States.
In addition to equipment for the handling of shipping containers, AmeraMex has an extensive equipment inventory for infrastructure development, including road construction and land development projects. Infrastructure projects require the lease and rental of heavy equipment and contribute significantly to the company’s continued revenue growth. With the growing demand for infrastructure development, AmeraMex has expanded its rental fleet of heavy construction equipment with Terex front end loaders, scrapers, excavators, backhoes and rock trucks. This equipment is usually rented, rather than purchased, for infrastructure projects.
Management:
Lee R. Hamre, President and CEO
Lee Hamre is president and CEO of AmeraMex International, and also serves as a director on the company’s board. Prior to assuming his current role with AmeraMex, Mr. Hamre was president and CEO of Hamre Equipment Company, which he launched in 1989 with partner, Warren Murphy. He has 30 plus years of experience in the heavy equipment and heavy haul business. Hamre began working at his father’s heavy equipment company, while in high school. There he learned every aspect of the business from the ground up and years later moved into sales and sales management, and opened a branch office which he managed. As a young entrepreneur, Hamre started a small business while in college, which would later have 20 employees. During his business career, Hamre has held positions in sales and sales management, branch operations, and as a successful business owner and operator.
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