- "At Amerityre we are the innovators of this new revolution, new technology for the 21st century"
- referencing his society changing Ford Mustang and Chevrolet Mini-Van innovations that "I feel equally passionate about this new innovation from Amerityre, with all the environmental and safety concerns associated with rubber tires, the Amerityre technology is a natural solution, it performs as well if not better than rubber tires and the manufacturing process is clean and simple. Surprisingly this is the first big innovation in tire technology since the introduction of the steel belted radial tire"
Lee Iacocca also stated the following:
- Amerityre technology is "energy efficient using only 1 kiliwatt hour or 10 cents worth of energy to produce a polyurethane tire vs 60 kilowatt hours or $3 for a rubber tire
- "when it come to safety Amerityre polyurethane tire produces run flat performance superior to any existing product in the market place"
- "polyurethane tires are safe to dispose of, 100% recyclable whereas disposal or rubber tires is prohibited in most municipal landfills and are very difficult to recycle"
- "Amerityre polyurethane tires can run over 100 miles without air"
-" Amerityre tires are designed to meet stringent Federal Safety Standards"
WATCH this short 4 minute Amerityre Corp (AMTY) Lee Iacocca interview HERE
Amerityre Corp (AMTY) Highlights and Due Diligence
AMTY - is on track to generate over $4 MILLION for fiscal year 2017, and that's just the tip of the iceburg!
AMTY - revenues are forecast to begin increasing exponentially
AMTY - CEO Michael F. Sullivan says "Improvements in our operating results and general cash position have prompted us to refrain from outside financing" and that expansion and growth is being generated from profits they are making, very strong balance sheet!
AMTY - has minimal debt, no convertible debt and no dilution to shareholders
AMTY - has assets of over $2 million
AMTY- has a small share structure of only 75M A/S and $42 O/S (this means with limited shares the share price will skyrocket when this stock gets discovered!)
AMTY- independent tests validate the performance of the Amerityre foam tires versus standard rubber tires. These tests include shock absorbency, weathering effects and durability. Amerityre’s tire outlast a standard rubber tire by more than two to one in most applications. This is great news because the market place for these foam tires represents more than 25% of the total tire market in the world
AMTY - Amerityre tires are sold Les Schwab Tire Centers with 470 locations one of the largest independent tire dealers in the country. Plus thousands of individual locations operated by numerous other distributors including the logos of the ones displayed below
AMTY- management forecasts Amerityre Closed-Cell polyurethane foam tires have the potential of 25% of the whole tire market which means 500 million tires a year
AMTY- Amerityre have filed over 20 patents covering equipment, processing, and tire designs
AMTY- From its headquarters and manufacturing facility in Boulder City, Nevada, Amerityre produces over 300 different tire and tire/wheel assembly variations
AMTY- As the largest manufacturer of flat free tires in the USA, Amerityre provides tires to the bicycle, mobility, agricultural, lawn and garden, and industrial tire market segments.
AMTY- is projected to begin signing partnerships with major Tire companies like Michelin, Goodyear, Dunlop and leading US Automobile manufactures like Ford and Chrysler as well as international companies! Already with MILLIONS in net revenues, the sky's the limit as large contracts get signed an uplisting to the NASDAQ is coming!
AMTY- technology is energy efficient using only 1 kiliwatt hour or 10 cents worth of energy to produce a polyurethane tire vs 60 kilowatt hours or $3 for a rubber tire
AMTY- Amerityre provides a product and service that cannot be matched by other flat free tire manufacturers, either in the USA or worldwide
AMTY - the company has proprietary unique polyurethane closed cell formulations that allow them to manufacture products with superior performance characteristics in the areas of abrasion resistance, energy efficiency and load-bearing capabilities, when compared to conventional rubber tires. Amerityre has invented new polyurethane closed cell foam and elastomer materials that are superior to rubber in many tire applications. Using their polyurethane technologies, they produce tires that last longer, are less susceptible to failure and are friendly to the environment.
AMTY - Amerityre produces the ultimate “Green” product. Their formulations contain no toxic materials and require less energy to produce than rubber tires. Their finished tires emit none of the noxious fumes commonly found with the tires manufactured by their competitors
AMTY - Several tire companies have asked Amerityre to do retreads for tractor/trailers and the large mining tires. The large mining tires are difficult to retread with rubber. Amerityre is currently retreading truck tires for testing with four different tire companies
AMTY- has stated "we have had many inquires from tire companies... because of the simplicity of our manufacturing techniques, and the low capital equipment costings(one-tenth the cost of rubber), we feel the future will be very lucrative for Amerityre"
Once or twice in a lifetime a stock comes across your desk that is a potential life changer, a stock so EXTREMELY undervalued and under the radar that it has the potential to have thousand percent or more gains from it's current level! We all would have loved to buy shares of Apple, Amazon or Facebook when they were unknown, Amerityre Corp (AMTY) is going to be huge! Now is the time to buy shares, a ground floor opportunity, do not get left behind!
And yet more Amerityre Corp (AMTY) distributors, the list grows daily: