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AMMX open .023 ask .04 flying up could see .10
AMMX MERGER!!
AmeraMex International Signs Letter of Intent to Merge With Cromer Equipment Company
CHICO, CA -- (Marketwire) -- 10/20/09 -- AmeraMex International, Inc. (PINKSHEETS: AMMX), a provider of heavy equipment to infrastructure construction, stevedoring and mining companies, today announced that the company has signed a letter of intent to merge Cromer Equipment, a private company based in Oakland, CA, into AmeraMex International. AmeraMex International, Inc. will be the name of the new entity.
The merger of the two companies will produce pro forma revenue of $38.5 million, EBITDA (earnings before interest, tax, depreciation and amortization) of $650,000 for calendar 2008, and a combined 60 employees.
Corporate headquarters will remain in Chico, CA, with locations in Oakland, Santa Rosa and Sacramento, CA. AmeraMex CEO Lee Hamre and Cromer Equipment President Marshall Cromer are second generation owners and operators of heavy equipment companies that have been in business for over 20 years.
While the negotiations for the merger are taking place, Cromer Equipment will locate two mechanics and a sales person at AmeraMex's Chico location.
"The addition of Marshall and Cromer Equipment to the AmeraMex family will bring depth to our management team and allow me to concentrate on the promising international market, while Marshall manages our domestic growth," commented AmeraMex CEO Lee Hamre. "The merger not only enlarges our geographical reach, but provides new product lines, equipment expertise and additional target markets.
"Our goal is to have the merger completed by the end of the first quarter of 2010," concluded Hamre.
About AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping, mining and logging. AmeraMex's largest product line is specialized container handling equipment that enables stevedoring companies to quickly and efficiently load and offload container and general freight ships dockside. AmeraMex, with customers in North America, South America, Asia, and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment.
For more information visit the AmeraMex website, www.AMMX.net.
About Cromer Equipment, Inc.
Cromer Material Handling is entering its 20th year in business, and during that time has evolved into the most diverse material handling company in the San Francisco Bay Area and surrounding wine country. The company sells and services multi-lines of forklifts to meet customers' needs and applications. Cromer is involved in a "service business," and each employee understands the necessity to perform tasks quickly to meet critical deadlines. Cromer Equipment's outstanding reputation is based on its ability to always put its customers first as they strive to exceed expectations.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
Media and Financial Contact:
Marty Tullio
McCloud Communications LLC
949.553.9748
PNMS super thin, great lotto get your ticket.
MCCI 8x .0001s 2x .0002s 4x .0003 easy to burn through just needs some momo
PNMS is so thin, its stupid, 1x.0002 1x .0005
PNMS 1mil hit, wont take much to get this running.
MCCI is a ticking bomb waiting to explode.
MCCI still being slowing bought, keep on watch.
INCL BLOWING UP.. .005 possible to day with that contract.
PNMS just needs some love and it flys
PNMS super thin..
And this will take us out of 0000s
Must read PNMS great find Lotto
Over the weekend a report has been released on PNMS and has some great information in it.
Link:
http://www.hotstocked.com/companies/p/panamersa-corp-PNMS-68695.html
52 week high of .001 This is super thin, anyone who has looked at the L2 know this. This next week will be crazy. Don't be the one to end up chasing this.
All IMO.
If you go to pinksheets it has all of their filings, one of the filings was something with MEDGEN, which made me look them up, and then i started searching their products for patents. Which lead me to SNORENZ
Tomorrow, we gap to 7s after which we wait for the release of the PR and run to .001+ any questions?
We are all wise!! there is only 1 thing left to solve, that will make this thing blow up.
SNORENZ predicted early September!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41417077
$$$$$SNORENZ$$$$$ Was i RIGHT or was i RIGHT!
Making bank is what i love! and of coarse being RIGHT!
PNMS Lets get this show on the road. I wont make Power Hour i have a flight to catch. I hope to see this at 5s by the time i land!
PNMS yea, EOD run will be nice, set up for monday.
PNMS 2s entry point dont know why someone would sell super thin easy runner
PNMS L2 anyone?
MCCI getting some love taps, still huge potential
PNMS 4s up Thin all the way up easy 5-10 bagger
Check out PNMS super thin huge potential
PNMS 4s dont miss out on this floater
PNMS 4s back up SUPER thin! don't miss out
PNMS 4s back up
PNMS 4s back up
PNMS .0002x3 Thin, setting up for next leg up
PNMS Bid just moved up may be getting ready to go.
Just need to get the word out, also friday is usually pretty bloody. I think towards close it will light up. So if you have a sell in you may want to cancel it.
PNMS super thin easy mover
PNMS just needs volume
think the one at 4s disappeared
just need volume and this takes off. to many people in for the quick flip, this one could go to .001s easy
Ask is .0003 people are wanting 1s
PNMS good time to load super thin
everyone needs ZECCO no stupid restrictions
PNMS Add to watch super thin
PNMS doesnt make sense.. super thin and stalling at 3s and 4s
Scare tactic