Ameri Holdings Inc. (AMRH)

[Hawkeye_tt]

From 8/26....

AMERI Holdings Announces Exploration of Strategic Alternatives to Maximize Shareholder Value
Date : 08/26/2019 @ 10:00AM

[Full Contact Yoga]

Nice climb. Still has a ton of room to move from pre RS levels, low float, some new debt to help with cash flow. They are an actual business, just failed to execute. Maybe they are turning some things around. Not sure about news, filings not due for quite some time.

[Hawkeye_tt]

Nice 4 day move here.
News someone ?
Vol. too.
Interest I hope.

Hawk

[Hawkeye_tt]

Interested parties at Table finally ?!

Hawk

[Full Contact Yoga]

A couple weeks of slow climb with increasing volume...not sure why, worth watching.

[Hawkeye_tt]

news ?

[whytestocks]

News: $AMRH AMERI100 Lands Another SAP S/4HANA Project in the Kingdom of Saudi Arabia

ATLANTA, Dec. 02, 2019 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri100” or the “Company”), a specialized SAP® cloud, digital and enterprise solutions company, announced today that it has been selected as the System Integration partner to e...

In case you are interested AMRH - AMERI100 Lands Another SAP S/4HANA Project in the Kingdom of Saudi Arabia

[Hawkeye_tt]

More news, but no numbers:

AMERI100 Lands Another SAP S/4HANA Project in the Kingdom of Saudi Arabia
Date : 12/02/2019 @ 1:00PM
Source : GlobeNewswire Inc.

[Full Contact Yoga]

One a week would help. Just One just makes them lose more money. Year over year losses worse. Cost/loss on sales worse. The obvious probability is that another RS will be required before they ever regain compliance. Might still bounce well under $2, but no reason for it not to go sub $1, possibly by EOY.

[Hawkeye_tt]

Need a couple more contracts like today....w/ $$$

[Full Contact Yoga]

Should be dead until well under $2. New biz is nice, but they need the same production weekly to be relevant. Treading water while printing paper is not an effective business plan.

[Hawkeye_tt]

Now down 4 day on very good news.
$$$ in this news for a change.
Early news traders in and Out.

[pauljack13]

This thing never holds its gains. Amazing

[Hawkeye_tt]

Some GOOD news w/ a #$$$

Ameri Holdings Shares Up 34% on $1 Million Contract >AMRH
8:25 am ET November 27, 2019 (Dow Jones) Print
By Chris Wack

Ameri Holdings Inc. (AMRH) shares rose 34% to $2.92 after the company said it has been selected as the implementation partner for an SAP S/4HANA greenfield deployment running in the SAP HANA Enterprise Cloud by a midstream oil and gas company.

The software company said it was awarded the $1 million contract for S/4HANA implementations and expertise in digital transformation.

[Hawkeye_tt]

Any rumors of interested party at table...M&A.?

Hawk

[Full Contact Yoga]

It’s down 20%, high of trading day is still a loss. Should shed at least 40% this week, might bounce after that with news and help. $2.725 is break even from Friday close post split, just above low of .08, or $2 post split. Should bounce sub $2, likely closer to $1.5/$1.60 before reverting down and eventually doing this all over again...

[Hawkeye_tt]

Catching a bounce already.....

Hawk

[Full Contact Yoga]

Had to be completed by 12/10, so no time like the present. But, they almost always happen within a handful of days after approval. It's part of their biz plan, wasn't a new idea, gives them a chance to print paper, satisfy debt, rinse, wash, repeat, maybe catch a low float bounce as they dump the paper....

[Hawkeye_tt]

Wasted NO time on that did they !!

Hawk

[JBInvesting]

RS 25 to 1

https://finance.yahoo.com/news/ameri100-announces-1-25-reverse-210510429.html

[Hawkeye_tt]

Ameri100 Awarded Multi-Year Contract by Existing Customer for SuccessFactors Application Management Support
8:00 am ET November 19, 2019 (Globe Newswire) Print
AMERI Holdings, Inc. (NASDAQ: AMRH) ("Ameri100"), a specialized SAP(R) cloud, digital and enterprise solutions company, announced that it has been awarded a multi-year contract for SuccessFactors application management support (AMS) by a current Ameri100 customer in the food and beverage industry. This customer, with gross sales in excess of $1.3B and over 2300 employees, has partnered with Ameri100 on their digital transformation journey and implemented the entire SuccessFactors Human Experience Management (HXM) Business Suite. With application management support, the customer can focus its resources on business transformation initiatives to sharpen its competitive advantage and drive growth while Ameri100 manages the day-to-day operations of the SuccessFactors deployment.

"This multi-year support contract demonstrates our continuing ability to build long-term relationships with our customers and serve as a strategic partner as they innovate and implement intelligent business solutions," said Brent Kelton, chief executive officer of Ameri100.

[Full Contact Yoga]

Should lose 40% of their value within 5 trading days of RS without news. It’s a POS, not uncommon.

[Full Contact Yoga]

Should happen any day. No notice required. Non compliant since 12/10/18, so RS should happen ASAP.

[Hawkeye_tt]

Approved now. 1 yr. clock.
Who is at table and interested in comp. Bid ?

3. To authorize an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split of its issued and outstanding common stock at a specific ratio, within a range of 1-for-5 and 1-for-25, to be determined by the Company’s Board of Directors in its sole discretion and effected, if at all, within one year of the date the proposal is approved by stockholders.

Votes For

Votes Against

Votes Abstained
35,343,612

6,196,900

790,058

[JBInvesting]

Maybe they will split and then announce they received their Google cert in hopes of keeping the share price high enough to stay in Nasdaq?

[KoenigSalomon]

Not approved as of today. But shareholder meeting this Friday, Nov 8th.

[Hawkeye_tt]

Has been approved.

Hawk

[magicmk]

Has a R/S been announced for this ticker? Is that just speculation based on the trading lately?

[Full Contact Yoga]

RS coming soon. Might be a trade post RS with a low float after the requisite massive drop post RS.

[Hawkeye_tt]

Who wants to Buy this comp.??

Hawk

[T1aris]

AMRH BREAKING OUT .14s coming in!

[Hawkeye_tt]

News today:

AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri100”), a specialized SAP® cloud, digital and enterprise solutions company, announced that it has been selected as the preferred vendor by a new customer, a leading industrial goods manufacturer for commercial and residential applications in the U.S. and Latin America, to perform a business blueprint that will provide a roadmap to transform their current legacy environment to an SAP S/4HANA digital core that will support the company’s rapid growth. The assessment will include a path to transform the current business to an intelligent enterprise by connecting key departments from finance, operations and warehouse management to future business processes.
“We continue to advise and provide business value to our customers by helping them connect their business processes and customer and human experiences,” said Brent Kelton, chief executive officer of Ameri100. “By providing a clear roadmap to the latest S/4HANA digital core platform, our customers continue to drive innovation in the cloud, on-premise, at the edge and in hybrid deployment models.

[Hawkeye_tt]

AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri100”), a specialized SAP® cloud, digital and enterprise solutions company, announced that it has been awarded a support contract for post-‘go live’ hypercare from a leading golf lifestyle apparel brand following its recent implementation of SAP S/4HANA 1809 Fashion (the “initial implementation”). Hypercare focuses on customer support, data integrity, and system stability for a period following the initial implementation.
Concurrently, the customer has also selected Ameri100 to implement enhanced functionality and additional features into the initial implementation. The initial implementation , part of a digital transformation award secured by Ameri100 in September 2018, is the first step in transforming the customer into an intelligent enterprise.

“These additional projects build on our customer’s trust and confidence in our ability to deliver expected results, and strengthens our standing with the customer for additional project opportunities in support of their digital transformation goals,” said Brent Kelton, chief executive officer of Ameri100. “We are committed to creating business value for our customers and meeting their business goals as they continue to experience rapid growth.”

[petguz]

$AMRH is looking strong today.

[Hawkeye_tt]

Part of news:

3.
To authorize an amendment to our Certificate of Incorporation to effect a reverse stock split of our issued and outstanding common stock at a specific ratio, within a range of 1-for-5 and 1-for-25, to be determined by our Board of Directors in its sole discretion and effected, if at all, within one year of the date the proposal is approved by stockholders (the “Reverse Stock Split Proposal”); and

[Hawkeye_tt]

What numbers could the comp. be hearing ??

Hawk

[whytestocks]

News: $AMRH Ameri100 Delivers Greenfield SAP S/4HANA 1809 Fashion Implementation for Leading Golf Lifestyle Apparel Brand

- First North American SAP Apparel Customer to Go ‘Live’ With S/4HANA 1809 Version - ATLANTA, Sept. 26, 2019 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri100”), a specialized SAP® cloud, digital and enterprise solutions company, announ...

Read the whole news AMRH - Ameri100 Delivers Greenfield SAP S/4HANA 1809 Fashion Implementation for Leading Golf Lifestyle Apparel Brand

[Hawkeye_tt]

Ameri100 Delivers Greenfield SAP S/4HANA 1809 Fashion Implementation for Leading Golf Lifestyle Apparel Brand
8:00 am ET September 26, 2019 (Globe Newswire) Print
- First North American SAP Apparel Customer to Go 'Live' With S/4HANA 1809 Version -

AMERI Holdings, Inc. (NASDAQ: AMRH) ("Ameri100"), a specialized SAP(R) cloud, digital and enterprise solutions company, announced that it has successfully completed the first SAP S/4HANA 1809 Fashion greenfield implementation in the U.S. The implementation, part of a digital transformation award secured in September 2018 from a golf lifestyle apparel company with annual sales of $1.2 billion, is the first step in transforming the customer into an intelligent enterprise by building a digital platform capable of automating the company's business processes and allows them to interact with their customers and suppliers. The platform will offer the customer a foundation for growth - both organic and inorganic/M&A - and deliver added omni-channel capabilities, such as Buy Online and Pick-Up in Store. In conjunction with the implementation of S/4HANA 1809 Fashion, Ameri100 is also helping the customer implement C/4HANA Commerce (Hybris) by the first quarter of 2020 that will redefine the customer end-to-end experience.

As part of its business development efforts, the Company recently sponsored an SAP America User Group for Fashion to connect with prospective retail customers who are in the process of transforming their enterprises to better respond to changes in the marketplace with agility by implementing SAP S/4HANA Fashion.

Brent Kelton, chief executive officer of Ameri100, stated, "We are pleased to be the first solutions provider in the U.S. to implement SAP S/4HANA 1809 Fashion successfully, and are actively leveraging this status and our expertise in delivering SAP solutions that offer a single view of the consumer to drive economic value, customer satisfaction and loyalty to further expand our footprint among retail customers."

[ClayTrader]

* * $AMRH Video Chart 09-25-2019 * *

Link to Video - click here to watch the technical chart video

[Hawkeye_tt]

A lot of buying interest down here in the 14's....

Hawk

[420man]

Yes...but Tutes have the capital to purchase bulk shares at a significant reduction to the prevailing PPS.

Will keep on watch over the coming months... GL

[UOENO]

Doesn't EVERYONE?

[420man]

Tutes will want shares much lower than the prevailing PPS. JMO

[Hawkeye_tt]

Those outstanding Warrants must have been an issue
to those looking at the company.
See how this plays out now.
GLA

Hawk

[420man]

That's my question. The .30 is what they stated the price had dropped to, so they exchanged the warrants for 10M...but at what PPS?

The reality is that they just increased the OS by 10.2M....and they gave them the right to participate in future funding rounds for the next 12 months.

[Hawkeye_tt]

Was it the .30, or something else ?

Hawk

[420man]

Anyone know what PPS the 10M shares were priced at?

[Hawkeye_tt]

News:

Press Release: AMERI Holdings Announces Warrant Exchange
8:30 am ET September 20, 2019 (Dow Jones) Print
AMERI Holdings Announces Warrant Exchange

Eliminates All Adverse Warrants

ATLANTA, Sept. 20, 2019 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ: AMRH) ("Ameri100"), a specialized SAP(R) cloud, digital and enterprise solutions company, today announced that it had exchanged all remaining outstanding warrants that were issued as part of a financing in 2018 (the "2018 Warrants") for shares of Ameri100's common stock.

The 2018 Warrants had anti-dilution features such that the exercise price of the warrants had decreased to $0.30 from $1.20, and the number of warrants had increased from 4,400,334 to 18,206,897, of which 15,744,827 remained outstanding after giving effect to exercise of some of the warrants. These features had led to potential dilution to existing shareholders and comprised a significant barrier for potential new investors.

The company negotiated exchange agreements with the holders of the 15,744,827 outstanding 2018 Warrants, whereby all of such 2018 Warrants were exchanged for 10,234,136 new shares of Ameri100 common stock.

Brent Kelton, Ameri100's Chief Executive Officer, said, "We believe that this warrant exchange benefits our shareholders and the company by creating a substantially cleaner balance sheet for the company and removing a significant financial overhang."

[Hawkeye_tt]

Big buyer coming back in today?

Hawk

[Hawkeye_tt]

Still moving up AH's.
Monday news ?
I'm picking up more.
GLA

Hawl