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Here is some info from the Hamre Equipment website. It gives you a good idea as to what the company is working on and the types of projects they are trying to go after...
Hamre Equipment Co. is exporting used heavy equipment all over the world and traveling to meet with customers everywhere we are sending machines. In a few short years Lee Hamre has traveled to over 30 countries where we have shipped equipment. The business is flourishing with this change in direction.
Through relationships created by doing equipment business AmeraMex International was asked if we could bring other businesses to the countries in West Africa to do projects in infrastructure. This was a simple task for the Hamre Equipment Co. team since the customers we have dealt with in the past were just what they were looking for to do these projects. These companies here at home in the USA were also all struggling with same recession that AmeraMex International, Inc. was in and everyone wanted to go to work anywhere that they could make a good living and stay busy.
Since that time, AmeraMex International, Inc., has built relationships and partnerships with several different companies. We can get railroads built from scratch, or rebuilt where they are falling apart. We can build power plants, inexpensive housing, build roads, repair and build underground drainage systems, sewer systems, and properly engineer land fills.
We are currently involved in a new venture in West Africa to bring in a complete oil refinery and to train the operators and maintenance people in the operation skills needed. We are also putting together a large construction project to build a full scale, fully staffed and equipped modern hospital with a helipad on the roof for bringing in seriously ill patients from a network of 300 medical clinics around the area of West Africa.
AmeraMex International, Inc. together with their partner, Walker Farms of Idaho is working on an additional project to plant, irrigate, and farm one million acres of land in West Africa. This project will include the construction of the storage facilities for the crop at harvest time, the processing plants to prepare the products for shipment or sale, and the irrigation systems needed to make the farm profitable. This project will by the end of 10 years be able to feed 90 million Africans and it will employ an estimated 90,000 African workers.
AmeraMex International, Inc. supplies heavy equipment to many different industries, such as heavy construction, surface mining, infrastructure, logging, shipping and transportation. The fastest growing market for AmeraMex International, Inc. is the shipping industry. The company maintains an extensive line of equipment for the loading and off-loading of shipping containers from ships coming in and going out of ports up and down the West Coast of the United States as well as in many other countries.
One of the largest segments of equipment that the Hamre Equipment Co. staff is working with is the container handling industry. As authorized dealers for Taylor Machine Works and Terex, Hamre Equipment Co. is able to supply container handlers to anyone on the west coast that needs them. We also carry a large inventory of front end loaders, scrapers, excavators, backhoes, rock trucks, container handlers, log loaders, forklifts, and wheel loaders. AmeraMex International, Inc. dba Hamre Equipment Co. maintains a complete maintenance organization, which includes a large parts inventory and service department, complete with steam cleaning services, sand blasting and paint shop.
We have rebuilt and reconditioned loaded and empty container handling machines for export to Chile, Ecuador, Costa Rica, Nicaragua, Guatemala, Mexico, the Caribbean Islands, West Africa and Russia. These specialized machines handle the loaded and empty containers that are shipped everyday full with goods all around the world.
Here are some of their partners websites to see what they do:
For years, AmeraMex International has worked with partners to develop projects in Africa. Follow the links below to learn what some of our International Partners are doing in Africa, South America, and Central America.
www.partnertopartner.com
Oil Refinery Construction, Operations and Training
www.walkerfarmsandproduce.com
International Farming Projects, Construction, Operation and Training
www.westrailconstruction.com
Railroad Refurbishment, Reconstruction and New Construction
www.allanblock.com
Interlocking Concrete Block Construction for Housing and Retaining Walls
I think with the global growth, this sector is expecting a good increase in potential for the next few years. I would love to see AMMX land some US based contracts as well, but there is SO much potential abroad it's not really needed. I think years of laying the foundation will finally pay off for Mr. Hamre and company. And if they can make it through the last couple of years and survive, that says a ton about this company and leadership group. Most would have folded and walked away. A very good sign indeed. AMMX
Hopefully we will find out the answer to that question quickly. What I do know is due to the economy downturn AMMX has tried to boost their position by expanding into new areas. This could be huge for the potential long term stability of this company. I am still waiting to hear back from IR (Marty) on some other pieces of the AMMX puzzle for long-term stability. Overall though, this thing just amazes me where the stock price currently is! There are sooo many 'big' stocks that are losing money at huge PPS and this little gem sits here at 4 cents??? Seems very wrong to me, but I am happy with my current position now. I'm definitely looking to add more and I think we should all be very excited for the next few weeks. Go AMMX!
As nupapa stated...and to elaborate, the lower the float and the higher the demand, the higher price can demand to sell their share. So all the penny stocks with billions and billions of shares in their float take much more buying action to raise the stock price. As the price increases it is much more likely that those shares weigh the price of the stock down. So a low float stock is much quicker to react up (and down) to buying selling pressure. The beauty of AMMX is that we see what about a million shares produce on the price action every day since the available shares (float) is so low. Can you imagine a 10-20 million share trading day??? That's what could happen when the big contracts are finalized. Very exciting and great things ahead! Go AMMX!!!
Thanks for the info on float! This beast is just getting started. AMMX!
What a great start to the week!!! Can we see silver and maybe .06 this week? I think so! Go AMMX!!! Can't wait for tomorrow. Have a great day everyone!
Great day today. Way to start the week off right! Go VGPR!!!
As much as I want this run, we keep forming higher highs and higher lows. Can't ask for much better performance when the day is done. With big news looming, I think we are in a great spot. I just want to drive new eyes to this so it can really hold new levels once the big news hits. The daily back and forth game is just for entertainment purposes only. Go AMMX!
Ugh, who caved? Let's try to hold this thing in the mid 4's today! AMMX
New 52-week high! Yes!!! Can we touch .05 today?? Lets go AMMX!!!
Nobody breathe, I just bumped us up a bit. Will it hold? Probably not...
And for an update, Marty is discussing my questions with management and will reply when she can. I hope to have this update for you all later today or early next week. I asked about number of employees at AMMX, the sales team structure and how deals are handled. This will give us a better picture for the future and AMMX's ability to scale if they land some of these big contracts.
Good save! Have a great weekend!
Anyone have some spare change to throw at this thing before close? I'm all tapped out today.
I think you pretty much nailed it. Been watching that action for the last few weeks. No concerns here once volume picks up. Go AMMX!
Here is an older article (from February) but it lists many of the larger projects AMMX is working on or has in the works.
http://www.aimhighprofits.com/are-new-highs-due-for-ameramex-international-ammx-2014-2
Great question. I'll find that out from Marty as well.
I just sent an email to Marty to understand if Lee is making all of these sales or whether he has a team doing this. I think this is important to know for future growth of the company as one man can only do so much. Especially if there is a large contract landed...he may not have time to keep digging for the small contracts elsewhere. I'll let you guys know what I find out...
Does anyone know what kind of a sales team Mr. Hamre has? Or is it just him closing all these deals? If so, we need to pray for his good health and pay for his regular physicals! I hope he has a team and can spread his knowledge for the next generation in this business. AMMX
07up, I agree 100%. Load while you can now and enjoy the yacht & mansion later. :)
I don't think anyone is over-looking the solar deal, I just don't remember a price tag being associated with it. I think this unknown is what is causing everyone to focus on the over-the-road deal since it was stated at $200mil. However, the solar deal intrigues me more long-term as it could be the gift that keeps on giving! AMMX strong!
All signals still point to 'BUY'. Don't miss out! AMMX!!!
http://www.insidestocks.com/texpert.asp?sym=AMMX&code=BINVL
AMMX - Ameramex Intl Inc (OTC)
Date Open High Low Last Change Volume % Change
04/24/14 0.0380 0.0420 0.0380 0.0395 +0.0015 625800 +3.95%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 816020
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 1820888
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 3010910
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.0395 0.0358 0.0398 0.0438
So close...I tried to get us to .04 at close but came up short. Another green close! Awesome stuff! AMMX!!!
To all new members of AMMX, spread the word that this stock is a legitimate performer. Look at all the PR's and previous posts. You won't find anything that would make you think this stock will flame out. Tell your family and friends, if they want a solid life-changing stock, this is it. More long term investors wanted! I've told my family and friends...well the ones I like ;) ha ha ha
In the last 10 trading days, we have closed up/unch 8 times and only slightly lower 2 times. That's the sign of a healthy stock. All charts look great and tomorrow should be real interesting. Go AMMX
I'm with you on the slow and steady. I think that is the way to go. AMMX has made me a happy investor in a very short period of time, and there is so much more to come. AMMX, AMMX, AMMX!
I agree strongly! Go AMMX!
Yep, NITE and VFIN are penny stock killers. Have to outman them or they control the price for sure!
Man I thought we were cleared for take off today!? It just shows what very little buying pressure will do here. Very exciting to see. As long as we close in the green I will be happy. We'll have our day soon. I think we got a few new eyes on this one today. Go AMMX!
Imarockstar - you won't be disappointed long term. AMMX has only gone steadily up, and there is so much more to come with very substantial contracts in the works (200mil+). Plus they already are pulling in plenty of smaller contracts to boot. Welcome to the club ;)
Awesome info Mikeo! I already have strong faith in this company, but stories like these just solidify my stance even more. Way to go! AMMX long and strong! That story make be sticky worthy!
Another great close! Green, green, green! Slow and steady with higher closes. Love it!
Thanks for your opinion. The technicals are hard to overlook! I just hope i'm not catching the tail end of this leg up? I'll see what the action's like today and jump in if the opportunity presents itself. GLTU
Hi Mik,
I didn't know you were over here as well? That makes me feel better about ACGX. I trust your judgment as you indirectly persuaded me to jump into the other stock.
Just looking back into the charts for ACGX, do you have any insight into why there were some large jumps in the last year followed by sell offs? Why all of a sudden has this one caught on? Seems like they've been steadily doing well for a few years but just recently pps is trending up. Your insight is appreciated!
Still looking ripe for growth here! Bring on the buyers!!! ;) Go AMMX!!!
http://www.insidestocks.com/texpert.asp?sym=AMMX&code=BINVL
I think this is as close to a sure deal as it gets. Don't miss this one folks! Looks like we are ready for a solid run: http://www.insidestocks.com/texpert.asp?sym=VGPR&code=BINVL
Great finish!
But I also hold a position in VGPR as well. This stock looks primed for a great run and the product is very intriguing/great! I hope we see a nice stair stepping action to the next level. Too fast too soon can kill momentum.