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I worry too…, But lee literally stated this just a few weeks ago. It hasn’t even been a month yet. Give the guy some time to get those auditors questions resolved.
Why is everybody so down on the audit? Didn’t they explain enough on the PR and during the conference call. I personally don’t think they need to mention it every time they send out a press release.
“The Company’s outside auditors have completed the audit of its 2016 financial statements. They are now just finishing their review of the Company’s financial statements for the year ended December 2017 and will provide AmeraMex with any adjustments required. The Company plans to file the Registration Statement with the SEC as soon as possible. Then the SEC comment process will begin. The process can last three to four months, but the Company and its service providers are committed to responding expeditiously. After the SEC comment process is completed to their satisfaction, they will declare the Registration Statement “effective” and AmeraMex will be a “fully reporting company” which is a requirement before applying to list on the OTCQB.”
Agreed...get the audit done! Without a doubt higher prices will come with a much more credible exchange. Even with the audit completed, it will still take the rest of this year to move to a more credible exchange. I dare say we would be double the price right now if we were on the QX.
I’ll now finish my post last week...I’m usually wrong.??
I’m thinking big news will be out tomorrow morning or early next week. Usually when I have a hunch...
I’m glad it held today! Little volume but large potential here.
Wow! Nice bump eod. Get ready and hold on to your hats!
Awesome thanks!
Not huge, but the potential is there! Plus it’s a rental agreement with $12k a month coming in for two years. That’s great! Was this rent to own handler a refurbished one as well? If the company goes through with a rent to own contract of 7 additional container handlers that could mean an additional $84k a month for two years. Plus margins are good on refurbished equipment. They’d be looking at close to $100K a month for the next two years. That’s great!
It’s a good time to be in AMMX!
I like the slow and gradual trend upward rather than the sharp spikes. If AMMX can continue to stay positive and not do or say anything dumb then I feel we will continue to see a gradual trend upward.
Rental contracts add a ton of value to companies like this. When you have continuous revenue stream for years rather than relying on a sale here or there, it makes a big difference for investor’s confidence. When you become fully reporting it also adds an even greater level of confidence. Lee is right to want to increase his rental fleet. To eventually have 10 million in equipment is a very good thing.
We keep moving forward like this and we will see the prophetic words of orca fulfilled!!!
GO AMMX!!!
Thanks Traderfan...my sediments exactly!
GO AMMX! We are looking at a great start with plenty of room to grow. I was in a stock a few years ago in the exact same position. They went from Pinks, to fully reporting, and moved up to the QX. Stock price went from 6-7 cents up to 36 cents and continues to trade in the high twenty’s. This move will be very beneficial for us all.
Who cares about the past. The most important numbers are those last two years that will be used for the Audit up listing.
GO AMMX!!!
Well...at least we ended in the green. It seems there is upward pressure and has been for a few months. Let’s hope the trend continues. I’m liking the gradual rise rather than sharp spikes. GO AMMX!!
The best part about this is that the last half of the year is usually when this company brings in revenue. We could easily double last year‘s revenue and possibly triple. Lee seems very positive about the potential business he is seeing. With this positive outlook and the audit being completed shortly, I’m holding my shares until I get a good return because I know it’s gonna happen. I hope we see the fruits of Oshkosh soon too!
Fun to think about the possibilities...just like the Niger truck deal. Hopefully it pans out this time.
Seems the Audit’s coming along as hoped. Now if they can include some fantastic news regarding OshKosh at the same time the PR is released, we will without a doubt see new highs!
GO AMMX!
I believe the gradual increase in share price is due to the high possibility of the audit being completed and potential sales on the horizon. I believe we are all expecting the audit to be completed and a positive forward looking update about OshKosh and other possibilities in the workings for this year. If news is good there is a possibility of tickling the 5 cent range. Go AMMX!
It starts out terrible every year and gets better towards the end. Don’t fret
Is there a consensus on them buying other equipment sales and rental businesses? Expanding into other areas/states? Sounds like it may have happened but failed?
Yes definitely also a possibility.
I would love to actually see a deal come out of Africa. To actually see the fruits of his labor would significantly increase AMMX’s chances of more African sales and possibly the flood gates opening!
Im telling you that super random pump’n dump back in September had some significance, but I can’t figure out why or who was behind it.
These kinds of press releases have never made the stock price move. I don’t agree with a reverse split. Reverse splits are a bad omen and create downward movement. There isn’t enough movement and shares traded on a daily basis. The shorts would eat the stock alive.
Banana splits are a much better option.
To be assisting a company like Oshkosh is very admirable! They have raised expectations in sales this year to be upwards of $7.3 billion.
“Oshkosh Corporation reports its 2018 first quarter net income was $56.4 million, compared to $19.2 million in the first quarter of fiscal 2017.”
“Oshkosh named one of the ten companies in Barron’s “Top 100 Most Sustainable Companies” and one of the 2018 World’s Most Ethical Companies. Oshkosh Corporation was also named one of FORTUNE’s World’s Most Admired Companies, a Glassdoor Best Place to Work, a Military Friendly Employer by Victory Media and one of America’s Best Large Employers by Forbes.”
“Oshkosh Corporation Named 2017 Wisconsin Manufacturer of the Year”
With a company as reputable as this AMMX will see significant African sales trickle through them. It’s just a matter of time. I’m not sure how they were lucky enough to rub shoulders with Oshkosh like this, but they’d better be doing all they can to keep this relationship!!!
Today’s jump in share price and the huge volume is a sure sign that the audit is complete.
Let’s go bigger this time! I’m afraid that card has already been played.
I’m sure that his hand picked board members will do whatever he asks. How does the dilution look over the next few years?
I’ve been watching this stock for the last six months...haven’t felt comfortable enough to jump in. Don’t know when I will. Sounds like PN doesn’t care much about the investor. The idea that his real motive in performing the R/S was to generate more cash by diluting the stock yet again raises caution. Who knows when a good time will be. This thing could easily go below a dollar again. Then we are back to a possible R/S again. I’ve Heard that possible completion of phase 2 could be as early as June, but as much as three more years? It all depends on the availability of test patients... which can be hard to come by. If it is only another four months, dilution will be minimal, but if it’s another three years it can become a major problem for shareholder value.
I’m excited in the fact that this seems to be a legitimate breakthrough in treating cancer and has great potential. I can’t quite understand why he chose a reverse split over having a group go out and promote the stock in order to raise share price. Maybe the cost associated with this was too great. I’ve got a friend that has been in the stock for over seven years and is still confident that it is not a matter of if, but when.
I’m sure PN assumes that his technology will be worth billions if proven successful and will reward investors at some point, it’s just hard to know exactly when and how much the stock, that each person holds will be worth by the time it happens.
To me this just indicates that authorized shares is now 1.2mm due to the R/S. Am I missing something?
Well here’s hoping the future will make up for their past failures.
Not talking about learning from the past… I’m talking about dwelling on the past. Things can change, and rehashing past failures doesn’t change the past or the future.
Mavalos...love your optimism!
Thanks
Just remember this company has value...assets and contracts in place. It’s not a shell of a company with a good idea, but rather a legit company with soon to be verifiable financials. It’s just a matter of time until we see some larger contracts. Lee just needs to keep going after them. We’ll get there. I just hope I have the patience.
Is it up 20% today just because of triple nickel and JPike?
Not sure if I had something for lunch today that’s making me feel this way but my opinion is that we will receive a couple of nice multimillion $ sales this year. With that and the completed audit I also believe share price by YE will be double. GO AMMX!
FYI… My settlement could change once I go to the bathroom.
Volume has intensified because now there is no worry of being delisted ...at least for now.
Man if you’re going to cause it to go up 10% then add a few more… Please!
Yes big things!!!
Nah...he did it to stay listed on NASDAQ. I’m waiting to buy at $1.20.
That’s exactly how I feel. I’m going to wait and see