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Always with the conspiracy theories. It was most likely a private investor needing a bit of ready money in these difficult times.
The order was for new equipment, on which their profit margin would not have been as good as for refurbishment jobs.
“After 30 days of a bid price below a penny you will receive a Letter from OTC Markets. The company will have 90 days to cure (10 straight days at or above a penny)”
Hi $Money, I have even more shares than you, held for a long time. Still optimistic, expect share price to be quite a bit higher later this year.
I still have a lot of shares, expect substantial rise by year end.
The $20m projection was for international business.
Lee once told me 2.00
453k bought! Still the magic buyers!
They don’t PR the regular rental business.
But to whose benefit?
Is that what we want? Normally buybacks mean that a company has nothing better to do with its money.
What did he say exactly?
What we want is a 44% increase in net profits.
I added quite a lot yesterday at .01.
What if the seller is an OBO? No way Lee could know.
Picked up some more at .01. Great price!
What they need to achieve is increased sales and profits.
Bought some more this am. Low price!
Picked up some more just now. Good price.
Yes why would a retail seller throw 5m shares away like that?
I just added some more. Great price.
I’ve been a strong holder for about 8 years and remain bullish. Still, they will need a good story for their PR push coming up. Need to convince new investors of good and increasing net profits, not just revenue.
Why do you always talk the stock down?
I picked up some more today at .015. Bargain!
He needs to retire and let someone more dynamic realize the great potential of the company.
There was an exceptional cost item of $500,000 in the first quarter which will not recur.
Here we go!
AmeraMex International Announces Approval to Uplist to OTCQB Venture Market
CHICO, Calif., July 30, 2019 (GLOBE NEWSWIRE) -- AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestryconservation, announces that effective today, it is approved for trading on the OTCQB Venture Market under the symbol AMMX.
AmeraMex CEO Lee Hamre commented, "We have achieved two important milestones in the Company's history - becoming a fully reporting company and uplisting from the OTC Pink Market to trading on the OTCQB Venture Market. These important milestones will continue to build shareholder value through more stringent reporting standards and increased investor transparency. The increased transparency will provide current and potential investors the information needed to analyze, value and trade the Company's stock.
"Our management team believes that the broader exposure afforded by the OTCQB coupled with the fall launch of our investor campaign will raise our visibility within the investment community and assist in increasing the liquidity of our common stock," added Hamre.
A copy of the Form 10 can be found on the SEC website, www.sec.gov, by searching for AmeraMex International, Inc.
Will MM activities be any different after the uplist?
Not approved yet. 50 cents would be great, but they’d have to land some impressive contracts to get there. They are making a lot of good moves.
Why do you want to buy this company you call a POS?
Mcol52: AMMX have just applied for a listing on the OTCQB. Or are you referring to a diffferent company/uplisting as being 18 months away?
For a higher share price the company needs:
1. Better results. 2019 is shaping up to supply those.
2. Credibility. Form 10, SEC approval and management’s much more realistic statements of late have sorted that out.
3. Better exposure. Management has promised a major campaign to accompany the uplisting.
4. Access to a new pool of deep-pocket, professional investors who due to the uplist will for the first time be permitted to buy AMMX shares.
The stars will soon be aligned. Make sure you are on board the rocket.
Picked up some more in the .014s. Cheap!
More great news:
AmeraMex International Receives Orders Totaling $200,000
CHICO, Calif., June 14, 2019 (GLOBE NEWSWIRE) -- AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestryconservation, announced that it received an order totaling $200,000.
The order is for new Genie land-lift equipment. Genie, located in Redmond, Washington, is a Terex Corporation brand. The equipment is shipping to a customer located in Northern California.
The Company also announced that it has received comments from the SEC pertaining to its recently submitted Form 10/Registration Statement. CEO Lee Hamre commented, "We will address the comments and submit back to the SEC in the requisite ten days. Now we can apply to the OTC Markets for a listing on the OTCQB. We are looking forward to uplifting to a trading platform that provides additional exposure of our stock to the financial community and retail investors."
About AmeraMex International
AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.
Except for the historical information contained herein, statements discussing sales or revenue projections are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from any forward-looking statements made herein.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
Thanks!
I’m a long-term, 100% committed holder, have lots of shares. Wouldn’t be surprised by 5 cents before year end. There has been a much more professional feel about the management in the past year or so.
Barchart shows a 20-year high of under $4. Are you going back further than that? Also since then there has been significant dilution.
This is the first time that they have submitted Form 10 to the SEC. This year is different.
I’ve been in AMMX for 8 years +, lost count. Biggest event for me was Form 10 to SEC, finally we can believe their figures, which show real profits. And instead of naive hopes in Niger we have solid prospects in California. I wouldn’t be surprised by 5cents later this year, and maybe more. Something I’d welcome would be a young CEO on a modest salary, someone who can focus on professional management while Lee and his sales staff drum up business