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Good to see a couple newish faces on here today. I think we are catching some attention and getting serious now. Tell the people you love...or don’t love to jump in and enjoy the ride! Although we have been taking the scenic route I believe the mph is increasing about a mile ahead.
Everyone is just waiting for that $300mm order to come in that’s all! No biggie
Sales of $5 million for the third quarter through September 14, 2020
...another $500k order
Usually big buys and higher column signify a future increase in share price. ????
This is what happens to a stock that isn’t heavily traded... one or two investors can manipulate the heck out of it. They wanted in at a lower price. Pretty easy to do.
I can pretty much guess, but I wonder if that $330mm opportunity is still breathing or dead in the water. I like to get some closure on this.
Why does it feel like someone is lurking around and ALWAYS trying to take this thing lower. All is positive and they are running on all cylinders right now. Let this this run for hell sakes!!!! I don’t understand the reasoning behind this strategy. Try this strategy... hold, don’t sell anything until we see new highs!!!!!
If they keep moving along with the same consistency of sales, we are looking at another $11 million in sales. They could be looking at around $17 million in sales at year end. With a couple of multi million dollar sales we could be up in the $20+ million range. This is totally doable. The only way I would ever consider a reverse split is if they plan on listing on the NASDAQ. And this would only happen if they had some very good things going on that would propel them to the next level. They really need to expand and grow. Opportunities of refurbishing large amounts of equipment only come so often. They really need to look at merging or acquiring other established businesses within their scope around the country. I know many of you say not to pursue international work and to focus on more localized sales, but I don’t see any big contracts/ opportunities coming through for localized sales. We have to go after the big fish to be noticed.
All these releases are just typical business “as usual” sales. What will it take to get this thing moving?!?! Someone light a fire under this... wait! Multiple fires have been lit all over and still nothing. This thing is acting as lazy as the dog days of summer. Let’s get some talks going on of a possible buyout, merger, big government contracts, stock buyback, huge private sector deals and more referbishable equipment purchases.
Let’s Go AMMX!
I’m still intrigued by what the June 4 PR stated:
“The Company and a Dubai-based partner are responding to international RFPs and recently responded to an RFP for water purification systems serving over a million people. The RFP is for $320 million and four other companies are responding.”
I would like to see something come to fruition out of this quote. Not holding my breath, but there is al ways the possibility! Maybe some big news will be shared at the 2nd quarter shareholder conference. They’ve really been pushing for all kinds of participation from various people and groups to join.????
I understand now what a big deal that was to obtain the line of credit, pay off debt and purchase all that used equipment. It’s a great model to follow.
Awesome! Looks like they are headed for the $26 million year! Small and steady wins the race. Still going for the $300 million this year!
Nice to see some positive momentum today. I think we’re seeing a shift in momentum. I hope it stays. We saw a continuous stream of orders prior to Covid and we’re seeing a continuous stream of orders following the Covid reopening. I like that he’s pushing investor relations. Maybe it has something to do with the 300+ million dollar international proposal that is out there as well. This thing could explode if all the stars align. If anything, we could see $18-$20 million this year in revenue if we can keep the steady stream going. Nonetheless I’m really happy with the revenue coming in right now.
Loving these small contracts. Add them up and they do amount to something. This continues all year and it amounts to something significant. This puppy needs to get that $4.2 mil order back so we can get some fresh eyes on this stock. Need a loud noise here to make people look. Come on glee start buying some stock back
Why can’t this stock just hit a dollar?! Is it really that hard???
It’s all I’ve ever wanted in life....I just want to retire.
Hey! Rather than waiting for the big contracts, I’ll take $100,000 a day! That’s only $26 million in revenue per year?
Captain? Our ship seems to be filling with water.
They were humming this year up until cov 19 hit. They were headed for the best year on record. They didn’t do anything wrong and would have started their buyback program. A lot of businesses have been hit pretty hard financially. It will rebound...just will take some time. Stay positive. The glass can be half full too you know.
Any guess on EOY Revenue predictions?
A) 1.7 million
B) 1.7 million
C) 321.7 million
D) none of the above
E) answers A & B
It’s a good strategy though. It gets people looking. That is how I first learned of AMMX.
I’m sure there are lots of reasons for Lee to tout this possible opportunity and that he was even allowed to bid on something of this scale, but maybe there is more to this than we all think as I’m sure he leaned many lessons from his last 500 million dollar opportunity not to put the cart before the horse.
Wow a $320 million order. That would be nice. I’m sure the competition is fierce, but that’s great they were allowed to bid on such a large order.
I’ve decided I’m going to file a lawsuit against China for my lost potential here. We were set for a banner year until Rona hit...messed everyone up.
Still hoping for a banner year, but hopefully we can get back on track quickly.
I can smell it... something is brewing.
I wonder which large order was lost.
This company has been doing all the right things to catapult itself to the next level. It is a patience’s game and this company is headed in the right direction for sure. If they start buying back shares, start bidding on some huge opportunities again and look seriously about possibility merging or acquiring with another company great things will happen with this company. I think Lee was seriously hurt by that truck deal in Niger and learned a few lessons along the way. It seems this year is off to a good start, so Lee needs to not worry about these onesie and twosie sales because they will happen without much effort. Plus they do nothing for shareholder value, but rather going after the big fish again. Their overhead is much smaller than these big companies. They can be competitive. I’d love to see a $50 million lease contract with the government. What moves a stock is the lipstick on the pig, not the pig itself. We need some glamour in this baby ... some spark. It’s not catching the attention of the investment world, because frankly it’s not a glamorous industry. Lee needs to connect himself to the infrastructure bills somehow. His company deals much more with logging and shipping yards not interstate’s or roads. He’s got his niche, but he needs to expand into new areas… Again I think that would come easiest through an acquisition.
We know where it should be… The big questions are ...why it’s not there and how to get it there? It’s seems there’s always an excuse as to why it’s not there. The excuses will always come due to unforeseen and uncontrollable circumstances. They were on such a roll a few months ago and I felt confident we would see 2.5 cents by May, but then the Coronavirus hit. What a damn shame. I guess we’ll just have to hope for that $500 million rumor to kick back up again?!????
I agree 100%. Last time I brought that up with Lee he said it wasn’t something that made a lot of sense. They wanted to try other avenues. It can be expensive and would dilute the shares even further. I don’t necessarily agree. I think if a merger took place rather than an acquisition it could be beneficial as either one can be used to expand their reach or gain market share in an attempt to create shareholder value. I believe they only hold some short term debt with the line of credit they opened to buy, refurbish and sell used equipment. They have something in place that most small companies don’t and waiving this carrot in front of another company should generate interest for a merger.
This is crazy...I think AMMX is ready to make a huge run... just waiting for the sound of the gun
I’m sure they’ve got more RFPs coming in on a daily basis. That was what they had to date. If this continues they are going to have the best year on record by far! I’m wondering if the shipping yards have slowed because of the corona virus....
Otced
You seem to no the most about this company. Will you tell me why you’re invested in the stock? I’ve got a few hundred thousand shares, but it’s been so quiet. Do you know anything? Any progress made?
Well definitely not the week I was hoping for, but at least we held our ground. Here’s hoping to a few really nice PR’s next week.
AMMX Highlights:
-Audited financials
-Uplist from pinkies to QB
-YTD $3.3 million in sales ($64k per day in sales) on pace to do $23.6 million by year end.
-Current RFPs total $20.3 million-as much as half is expected to convert to sales/revenue by March/April.
-50 million stock buyback program in the works
-$13-14 million in revenue last year
-Stock/company campaigns
What is not to like about this company?! We are killing it. With this much momentum I’d like to see Lee to go after a couple of $50-$100 million contracts. I’d also like to see talks of a merger to increase assets, income and reach. The one thing this company has that most companies of it’s size and nature don’t is that it’s publicly traded on the QB.
For Lee to post a PR like that they must be feeling really comfortable with the short term prospects they have. This is great news and this stock will surely see new highs this year. I’m sure we’ll see more multimillion dollar contract shortly.
Please provide me with the phone number or address of the one who is holding this down. You’ve got to be crapping me!!! Why are people so mean. I want to curse the person that has brought this...Nothing but positive, legit and growing company from 17 down to 10 over the last few months.
Jerk
Great PR today! Keep these babies rolling in and we will see new highs. This year already looks promising. ????
It’s all a show. A few months ago there was a big sell off and the stock tanked from 1.7 cents down to a penny. I guarantee you it was all planned, so that the stock could look more attractive and undervalued during the promotional period. At 1.7 cents it was stale, at one penny it’s ready for a good run. Investors are slowly gathering shares to get ready for the big run. AMMX 2020
I’ve been very positive on AMMX for about 5-6 years myself. If you look at where they have been and now what they have accomplished as a company they are in a much better and more secure state that is for sure. That’s why I wasn’t surprise when they started hovering around 1.7 cents and holding. In my opinion it still should be there. That’s why I’m frustrated, because I know this is a legit company... and we have audited financials to prove this,but the price per share is not reflecting this. We need some more good news, we need some big sales. There has got to be similar companies out there that want to be were AMMX is And would want to join forces with them. I really feel like They need to be acquired by a larger company or they themselves need to put together some business deals to acquire other companies without more share dilution. I don’t feel they will accomplish a NASDAQ listing by standing alone.
Man talk about a slow end of year rally. Every time I check on it I yawn. It’s weird. I hope something changes soon. Man these audited fins and stock promoting is really paying off isn’t it?! ?? It all means nothing if they’re not selling anything. Revenue is key.
I expected to see better results by year end. I hope something changes soon or this stock will never be what we want it to be.
C’mon you ??.
This has just got me curious to see how next week goes.????
Look what it did back in October 2017 and then look what it did a few short months later in March 2018. The volume spikes, the price drops, it goes quiet for several months and then boom lift off. I just picked up 200,000 more shares. Lee’s been marketing his company to the investment world. This technically is usually the best time for Lee to drop some pretty good press releases on equipment sales. They are in a better position now than they were back in October 2017...someone’s manipulating it to make it look like the stock is on sale. In my opinion, someone is preparing the stock for lift off. I’m going to be patient, keep my fingers crossed and just wait and watch. I hope we’re all rewarded.
It’s nice to see the activity level is picking up again. I’m guessing it’s because of Lee’s marketing campaign. That’s good… More eyes on the stock and we should see a good run in the next few months. Who knows with a couple of good PR‘s and this marketing campaign we could see a run up to $.10.