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Wish others would too. Brutal start to the day. I guess no news on anything, still hate to see a 10% drop instead of pop.
Indeed! IF! or when this goes through we'll have to fight to keep our shares. The offers may be to tempting to pass up. I can retire when they hit a dollar.
Update or not we stay the course. Its only a matter of time now before the scale tips one way or the other. Unfortunately we can't say with 100% certainty which way that is currently. However, we know that there are no major obstacles to contend with and the overall climate is favorable. Its a nail bitter until then but huge potential. Not sure why so many yahoos are letting go of shares below .04 right now other than to manipulate the minds of the weak. Hopefully within two weeks this is a done deal and we are all talking about the next and then the next one.
Hey now!
Friends, I spoke with Marty and asked specifically about the lender and possible time frame etc. her response was "The lender needs various guarantees from the Niger Bank they will be working with. The lender has been involved but we did not have a final inventory, pricing, and government bank until recently. Lender also requested additional information. So, we are working as fast as WE all can to get this deal signed." Which would lead me to believe the additional information request is a slight delay but they've handled that and its being processed. So things are developing and they may have the additional information requested. The deal seems viable still and could hit anytime now. Probably not tomorrow though. Marty did also mention that no "red flags" have signaled issues to date to lose sleep over. Sounds like red tape delays but progress. I'm hopeful at this point for news next week. I would love to hear about something else tomorrow but I'll rest easy till next week and pick up a few more shares until this story breaks.
Easy guys hopefully all have the same goal here. Keep it civil.
Yes, the purchase was in my custodial accounts I think 550 and 460 only had 25.00 each to buy. They'll thank me oneday. They've each got 9,000 shares or so of ammx. Good to plan ahead one child is just 1 year old and has a nice portfolio started already. Would love to buy more and will soon.
Please explain, what closure are you referring to? AMMX is trading as usual, just picked up a few more today in the kids accounts.
Guys throw some money on this. Buy a few thousand shares! Seems like this whole board is just sitting on shares and not buying more. Based on the volume no one here is anyway. Lets see a strong close. Probably no news tomorrow but hey better than a down day, buy 10K at the close or open.
I agree today looks like it could be the day based on the previous 2 week separation of PR's. I'm looking for anything but a update alone. They are notorious for including updates with confirmation of sales etc so its a bonus but I'm looking for news. I would like to hear about equipment sales, its been about 8 weeks since substantial news of one. Fingers crossed!
Lender approval soon, huge news out tomorrow I can foresee the future of AMMX. Good things will happen and then the next mega deal and soon we take over the world!!!!!!!!!!!!!!!!!
Hi gang,
First no more Decker comments lets ignore and more on.
Second, we had discussed that Marty mentioned a typical timeframe for lender approval which was estimated at 2-3 weeks from presentation. Are we saying that is pre-contract signage or post signing of the contract. Should we expect something this week or is that to soon?
If the deal goes through I'm buying more not selling. I'm just waiting on confirmation and then I'll have no reservations about investing more and more with AMMX. I think its a done deal but who knows really. I already own a ton of shares and won't be swayed by negative posters. I am only concerned with the press releases and facts. The paid basher on this board has become comical, I have him on ignore but I rarely login to read the post so I still see his foolish comments and as I said its comical to think he has no investment in the company at all and even cares what people say or do. I'm just reminded how some people live really sad lives and actually earn a living this way. After this deal things will really get interesting I'm sure. We could reach 50 million MC by late August or more is all goes well. Thats worth investing here!
It would still effect the PPS if they were to buyback restricted shares. It would demonstrate they are interested in reducing the overall count and would they certainly would not buyback and increase at the same time right. Thus, proving they are done diluting shares and interested in boosting our equity. I'm for either one. I think we have enough shares already, I'd like to see a reduction after the first big deal is final and pre-audit. I hope they don't issue anymore shares as compensation for salary or press. Never a good idea for shareholders.
Its almost like the quiet before the storm right now. This is one of the most dead days on record. I don't have L2 so I can't see how many shares are offered at the ask but I can't imagine a lot at the moment.
Start slapping the ask boys and girls. Money where your........
No News today as it is past 10am!
Relax gang, we'll hear something next Tuesday. Monday should retest recent highs. It will be disappointing if we don't get news on something, like I've said before I don't care necessarily if it is on the Niger deal, but I'd like to hear about the pipeline projects if nothing else. Until then we just don't know whats going on behind closed doors. Pull the trigger buy some more, hope for the best. Trust Lee to get r done.
Let's face it guys 5% down isn't as bad as it should have been. Without the 100 share buy seconds before the close it was down a lot more. Its a bit scary in fact how it was pressed down so much today. We can't stop people from selling, I don't know who or why they sold but I hope they miss the boat on the news. I'll continue to pick up shares as I can. Still, the price seems to fluctuate violently with small or large sales equally and slapping the ask is commonly negated by the jokers ignorance. Hope we are up tomorrow. Buy and hold.
Dude at 1.50 thats a marketcap of like 750 million! I don't see that happening anytime soon. We could stretch to 100 million in time or around .15 cents a share. Hope they don't issue new shares again.
Should be higher than this and holding steady. Like to see a close over .04 today. We either see a PR tomorrow or on the 17th based on the last 4 spread two weeks apart concerning the deal not including updates. Hope we hear something on a different deal, big or small tomorrow.
Maybe I should sell now and wait for the return back down to .025? Whats your take on it Jeff? I don't want to trade without consulting you first.
JD, Please explain why you feel a 40% reduction in PPS is warranted before a huge news release? I think you may be on to something and may sell all my shares just for the week based on your expert analysis. We should all sell and simply buy back in at .025 or lower, its a no brainier pure genius. Thanks JD! Please continue to post your informative comments for us all to benefit. Better hit the panic button right!
Most likely we see a PPS increase with the news but the way things are trading we could see a drop or steady continuation of the same for a while. Of course it would warrant a big pop and the fundamentals would prevail in a few days but without the right PR as stated it could fall on deaf ears. All up to AMMX how it is received. I want would love a huge run up to .10 or above but the market cap beyond that isn't sustainable until another contract deal.
Does anyone see the Market cap going above 40 million or double the current price? What is a fair forward ratio and cap for the deal signed and future prospects? Any ideas. Revenue will be huge over previous years but net will only be triple or so based on everyone's estimates of margins etc.
In order to sell and give up 15% of your money like that you have to be a complete idiot. Seriously, who looks at their money and says I'll take a 15% cut for you right now. Probably someone playing both sides with multiple accounts to drop the price. Shady practice or just plain dumb.
You'll sell at .05, he'll sell at .05 doesn't sound long and strong to me! Sounds like your shorting us and yourselves, hold out for at least a dime sometime in September or October after the audit and a few more deals. Selling a load off at .05 will only hold us down at these levels longer. You must both hold less profitable stocks with less potential to unload. Of course the shares are yours to do what you choose but as huge supporters of the stock I ask you don't unload a truck on us too. Thanks! I actually hope we skip right over .05 and head to .07. I'd feel much better since I only bought a majority at .025. Good luck hope we get some news next week on anything.
All I can do is say thanks to management for the update and being so clear and open on everything. It does seem as if everything is going according to plan at the moment. As a large shareholder I am pleased with the progress and will continue to support the company. I purchased 20,000 or so shares today on the low and will continue to pick up shares. I see no reason for a major retrace to S1 as decker predicts. No reason for a pull back below .03 and think will drift closer to .038 this week and then .05 on the deal confirmation. Its exciting times for AMMX and the future is bright. I am looking forward to hearing about the mystery opportunities in the pipe line and hope we also win the refurb equipment bid. No complaints here.
Forget indicators, we need news to propel us higher period. I'd be happy with the last container rental/sale, large equipment order or the MOA of the 80 million in hand.
Not everyday is green but its had some violent swings lately. I'd like to see a higher close tomorrow on positive news and perhaps an update on the contract. However, if the the contract is close to being signed I can wait to hear of that later when it happens. No news is good news sort of thing. To many other loose ends to hear about also to dwell on just one.
Looks steady above .03 for sure. I personally won't be selling a single share below .30 or higher. Massive volatility but huge reward possible. I think the smart money is holding. Still a lot of uncertainty but if they do manage to secure this large contract I'll have much more blind faith in the future when they say "great success" or similar. I can't wait to see how things develop this summer and beyond.
Long position. Even have some tucked away in the custodial accounts.
First time posting, I felt compelled to post in response to the recent messages regarding JeffDecker. Please refrain from responding to him or his negativity, this is the attention and response he wishes to evoke from everyone. Best to ignore him. The board was much more pleasant to read a week ago.
On a separate note its somewhat alarming that its been nearly a month without a new press release of any increased revenues. Not so much as a peep on any transactions large or small. I certainly hope they've closed a few sales in a 4 week span.
Also, I have faith in the Niger deal, but would like to learn more about the 80 million MOA and the other three pending RFQ's on the other projects originating from Africa.
Lastly, I am alarmed by the increase in shares even if it is for the CEO and CFO. It doesn't do the shareholders any favors and blind sided me a bit. I sincerely hope they have a plan to reduce the count should they land this and other contracts. 300 million is a huge deal and would put this little company on the map for sure. Like everyone else I'm eager to read the next PR.
Strong supporter, wish AMMX the best going forward!