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I'm in NE OH and have not seen it anywhere here. Get a company such as Speedway to pick it up and you have an opportunity for over 2700 locations and I believe most of their stores get all their products thorough Eby Brown which could mean orders for truck load quantities.
I'm in NE OH and have not seen it anywhere here. Get a company such as Speedway to pick it up and you have an opportunity for over 2700 locations and I believe most of their stores get all their products thorough Eby Brown which could mean orders for truck load quantities.
Don't understand to why DEWM is not marketing to the convenience/gas chains.
You'd think AMMX would comprehend they're just wasting money on PR's. Until they complete the audit the market will likely give little credence on any news released. There have been far too many asserted claims the audit will be done, is completed, is being reviewed, will be submitted, really AMMX just what your your position this month?
The track record AMMX has developed with respect to its audit leaves us to contemplate the veracity of anything we are told.
Yes it is disappointing. There is no sense of urgency to complete their audit. How many times have we heard, it's done, submitting to attorneys etc. only to be delayed for this or that reason? I doubt we'll get an audit anytime in reasonable future.
To paraphrase Trump Very, Very Disappointing!
??? Always looked forward to reading your post.
I see AMMX as having a real issue with the stock structure. Lee as a majority stockholder has limited exposure to any over site on how the company is run or mismanaged. As long as the company is continues operating as a patriarchal entity we probably will fail to see any change in the SOP.
I would like to see AMMX with a board of directors whose members are capable of actually providing meaningful guidance and its CEO actually is accountable to the board.
This is not an attack on Lee per se in fact he seems to have done a very good job at cultivating new opportunities, maybe somewhat over optimistic with some but who doesn't excited at times. From the outside it would seem that managing the corporation may be better suited for a different personality.
Speculation yes but, it would seem that the financials contain something that AMMX wants to avoid making public and the past auditors are uncomfortable to be associated with. So much for transparency, all the positive news which AMMX has released becomes really diluted when they fail again and again to meet the promise to complete their audit and become current. Dead lines come and go and still no completed audit just more excuses.
It's difficult to fathom that all these delays to complete their audits are not intentional.
DEWM RETIRES 100M+ shares
News-share retirement 6/28/17
IS IT THE SECOND WEEK OF JANUARY YET?
Without audit this is going nowhere, yes small blips but nothing significant. I think we'd see a far better response to order announcements even the small ones if only Lee would get the financials together and they substantially match what we have been told.
It's unconscionable that Lee would allow this situation to continue knowing the negative impact it has. Given the continued delay one could easily conclude there's something damning in the financials which would be divulged in an audit
News from 5-3-16 (audit info)
This sounded very promising at the time but now????
The audit is expected to begin the end of May with a current projected completion in late September. The mandatory two-year audit necessary to become a fully reporting public company will encompass years 2014 and 2015. At the completion of the audit, the Form 10K annual reports will be written and submitted to the Securities and Exchange Commission (SEC) for review and comment. Once approved, AmeraMex will file quarterly Form 10Q and a yearly Form 10K with the SEC.
“We are pleased to be in position to begin our audit and become a fully reporting company. The auditors have been reviewing our financials and we do not expect any obstacles to interfere with the completion of the audit in a timely manner. Once a fully reporting company, we intend is to apply for listing on the OTCQB trading platform. This transition is expected to provide additional exposure within the investment community, which in turn should provide improved liquidity in our stock,” added Hamre.
You have my agreement on that.
She most likely did furnish all the data to the auditors. My guess is that the auditors with the data received can't justify an audit that AMMX is willing to publish.
Born, Yes it is good news that a 383K order was received.
But, I see this being overshadowed with the scepter skepticism by not providing a validation of past business conduct. We're sitting on the outside hearing that what the company wishes to tell us, a comfort level arises when AMMX can tell us "look here guys everything we've told has been verified by an outside independent audit using accepted accounting principles and submitted to the SEC".
My point is Tracy works for AMMX, LEE is the CEO and as such if Tracy can't accomplish the task within a specified timeframe whose fault is it Tracy's or Lee's for allowing it to continue. I would assert that the final responsibility rest with Lee.
This news release really frosts my cake.
Tracy may or may not be a good accountant, that's not the issue she can only do as much as Lee directs her to do. The responsibility lands in Lee's lap, he's the one to demand the audit be completed in a workable time frame and obviously this has not happened. This company unfortunately is being operated as a private concern that owes no allegiance to its stockholders. Such a shame, this company has the apparent potential to add significant growth/value for its stockholders (Lee and others included) if they would only get their shit together.
AMMX stalls again! What went from AMMX to submit to SEC in Jan 17 to NOW --- PER CFO Tracie Hannick, the audited financials for year-ended 2016 are expected to be provided to the company's security attorney by the auditors before the end of June 2017 then what there's another 30 days plus for that process. AMMX is simply dragging their feet on this.
I love that "expected", just another way to sublimely state they're going to continue to slip out the release. Should we expect this may go on indefinitely?
There has to be information within their financials they are unable to overcome and don't want made public why else would they continue these delay tactics?
WOW, That make me feel much more comfortable. Let's hear it for Marty! Ya
Agree, there's no way to tell at this point, opportunities yes but, nothing to take to the bank. If I had to bet, Oshkosh will not allow AMMX to release preliminary information concerning specific opportunities being worked. I would expect not to hear much without funded contract in hand.
HUM?? No mention on the status of the audit or the submission to the SEC.
Actually I don't see why they would PR this as it seems to be just an out year funding on an existing contract.
But, I'd definitely like to see something positive released on the audit. Like its been submitted and btw here's a new contract for $$$$. Something like that would go a long way in support of a stronger pps.
Glad to see that we haven't had a lot of bashing comments today.
I agree there is a lack of interest, not only did the force (driving the pps to flirt with near.05) of the Niger deal evaporate but the company fails to meet self imposed goals with respect its audit. Putting additional monies into this one is just a crap shoot at present. What has the company done to demonstrate they intend to complete this activity. If not for taking such a loss I'd be outta here.
You've got that right!
Ammx needs to start acting like a real company and that starts with a BoD that actually functions as one, a board that can provides the guidance for future and continual growth, a ceo that is measured by and reports to the board. Well, we know that's not going to happen - this is a family company run as such and that's all it's ever going to be. Shareholders are here as an unwanted convenience, a means to an end a way to raise capital in a time of need.
I'm sure Lee knows what must be done to get this POS out of the "shi-per question is will he.
Does anyone know whether OMNI is a member of any US shrimp association. Haven't been able to find them listed as a member anywhere.
It would seem that Lee lacks the drive to follow through on his assertions that the audit will be completed. The lack luster news that has been given over the past months fails to inspire any level of confidence.
The more pointed fact with these constant delay tactics would lead one to wonder is there something the audit, if released, would reveal that Lee doesn't want made public. If I remember correctly we had been told the audit was complete and was being submitted to a law firm and the 10K would be finished in early January '17 and ready for submission. Obviously, there is no sense of urgency on the part of AMMX/Lee to accomplish this, here we are end of April and still nothing.
Good luck
Strange that how a few years ago Marco was pumping out news releases on a fairly regular basis letting us know what great things were going an what he was going to accomplish. Then he goes into a black mode releasing nothing of substance letting the investors simply languish in a stew of mostly negative speculation.
If Marco ah accomplished and would validate half of what he has claimed over the years we would most likely be in a far better position now.
if
Do you get free L2 with E Trade?
Sure ********* In Marco's words that would be either soon or shortly, in either event no one can count on the generally accepted meaning of these words to apply here.
Berlin Exchange short sales - Maybe I missed it but, whatever happened with the all the short sales that occurred on the BE many months ago. Did Marco ever address that issue?
Like most of the pinks Ammx has failed to meet self imposed time frames for activities for which they have the ability to control.
No doubt we'd be experiencing a somewhat more robust PPS if AMMX would hold true to their scheduled commitment for release of audited financials. By failing to meet their self imposed timeline and not providing any meaningful rational for such delay investors could easily conclude any release of audited financials vs unaudited financial would require a statement of activities AMMX may not want made public.
Considering we were told in 12/15 the attorneys had the audited financials and would be preparing the F10 for submission in early Jan, which as we know didn't happen and that no reasonable statement has been forthcoming from AMMX it is not unreasonable to conclude there may be facts in the financials that are being withheld.
Hopefully Ammx will not release any significant news prior to submitting and releasing its audited financials. Anything will be over shadowed with doubt without the completed audit.
I think we would all agree new business has continue but without the audit completed the companies credibility is in Chitter
Here are the comments deleted from DEWM's FB> It can easily be reposted.
Ceo that promised transparency ,honesty and to grow a company for the shareholders.You haven't done any of that
Like · Reply · 2 · 3 hrs
When will you even give an update for 2016,Or financials that you say MB is working on for 3 years now.Look at what you are forcing your stockholders to do after 3 plus years . You need to get your
Like · Reply · 1 · 3 hrs
Trying to impute the character of AMMX management in a disparaging manner is anything but objective.
The best laid plans are just that "plans" AMMX is dealing with entities outside their corporate control, attorney, the audit team in their effort to complete the audit. Many things could cause a delay outside the control of AMMX, I can't even begin to speculate any reason for AMMX to induce any delay, it would fail serve any beneficial purpose.
I still am optimistic we'll hear something soon.
When you can present a validation of facts for your assertion the board will listen. Simply engaging in assumptions resulting in character assignations has no beneficial effect for any of us, you included.
High probability news will be released in the coming week, it would be reasonable to expect facts/updates on the 2014 - 2016 audits and new business, maybe for the African arena.
My guess is we'll get something by Wednesday. This contrary to an earlier post of mine but things are always changing.
The way AMMX has failed to follow through with projected/promoted projects I see no reason why an objective thinking person would expect AMMX to fulfill its commitment to submit the Form 10 to the SEC anytime in the foreseeable future.
I look for a entry point below .005, likely close to .004
Just another stall tactic.
The only thing that will serve to raise the confidence level here is for Marco to keep his word, have the financials audited, submitted to the SEC and stop hiding behind a cloak of silence and secrecy.
Sad fact, just what is this equity expense buying AMMX??
Something I'm very glad to see.
Has anyone noticed that the Menzi web site now has a US Westcoast listing for Sales and Service that names Hamre Equiment inc. as sales and service representative.
I think that is something that had gotten overlooked with respect to the Menzi web site and it may have been the inquiries which helped get this acknowledgement of Hamre Equip.
Menzi web site