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Just a big gap to...bid .20 and ask is .83
It shows in my account but if I am looking at Trade Armor like I was going to place a bid etc it doesn't show I have any...but it does show under my account info
yes to both
I understand that and I am just saying on mine IE Fidelity it shows AMMXD and the AMMX symbol is not longer valid
AMMXD is what shows up on Fidelity...AMMX is no longer valid on Fidelity
Still the old symbol where?
just don't see the big deal about the high volume is all...7.5 million volume, ok great...pps is up .001 so volume is not equating to much here.
I know we never see this much volume often so it may seem nice but pps wise ...no biggie
I see it...just wait
just briefly...still sub penny
won't get an argument from me
AmeraMex International Announces a One-for-Fifty Reverse Stock Split
Shares of Common Stock Will Begin Trading on Split-Adjusted Bases December 21, 2020
CHICO, CA / ACCESSWIRE / December 18, 2020 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, today announced that it will effect a one-for-fifty reverse stock split of its common stock at 5:00 pm ET today.
Beginning with the opening of trading on December 21, 2020, the Company's common stock will trade on the OTC Markets on a split-adjusted basis under a new CUSIP number 02356P209. The symbol for the Company's common stock will change to AMMXD for 20 business days following December 21, 2020.
The Company's stockholders approved an amendment authorizing the reverse stock split by a written consent in lieu of a special meeting of stockholders on September 11, 2020. The reverse stock split was effected by filing a Certificate of Amendment to the Company's Restated Certificate of Incorporation with the Secretary of State of the State of Nevada.
The reverse stock split will be effected simultaneously for all outstanding shares of common stock and the ratio will be the same for all outstanding shares of common stock. The reverse stock split will affect all holders of shares of AmeraMex International common stock uniformly, including officers and directors. While the number of shares each stockholder owns will decrease, their percentage ownership of the Company will remain the same. No fractional shares will be issued in connection with the reverse stock split, and all fractional shares will be rounded up to the nearest whole share.
The reverse stock split will reduce the number of shares of common stock issued and outstanding from approximately 753.4 million to approximately 15.1 million.
There will be no change to the number of authorized shares or par value of the Company's common or preferred stock following the effectiveness of the reverse split.
Pacific Stock Transfer & Trust Company, LLC (PST), based in Las Vegas, NV is acting as the exchange agent and transfer agent for the reverse stock split. PST will provide instructions to stockholders with physical certificates regarding the process for exchanging their pre-split stock certificates for post-split shares in book-entry form.
For further details regarding the reverse stock split, please see the Company's Definitive Information Statement on Schedule 14C filed with the SEC at www.sec.gov.
I agree with buying and selling but buying and holding for years on end would have not been advantageous
if they flip it...
Yeah I guess 11 years of factual pps is hard to swallow lol
AMMX is a flipper and that is it
I have a general rule about PPS...when PPS stays at .02 to sub penny for a decade or more it means it is just a typical OTC stock
Example:
Jan 01, 2009 Close 0.0080
Jan 01, 2010 Close 0.0170
Jan 01, 2011 Close 0.0150
Jan 01, 2012 Close 0.0180
Jan 01, 2013 Close 0.0180
Jan 01, 2014 Close 0.0082
Jan 01, 2015 Close 0.0116
Jan 01, 2016 Close 0.0077
Jan 01, 2017 Close 0.0067
Jan 01, 2018 Close 0.0068
Jan 01, 2019 Close 0.0147
Dec 17, 2020 Current 0.0075
yeah...so
no argument there lol
2 days ago it was a POS lol
Like I said agree to disagree...very little volume at .0064
Be even less at .32
Well if they do they do but it will not help IMO. They touted getting audited and moved off the pinks for years and years and how that would give them greater exposure and how they could really do an awareness campaign and promote the stock. A year and a half later after finally getting audited and moving up to the OTCQB they can't maintain a .01 pps and received 2 letters for falling below the required .01 bid price. (which is still below .01) Just seems like a R/S is a desperate attempt to turn something around that they have never been able to do before. They actually did better on The Pink Sheets and paid no annual fees etc. Guess we will see
guess we will see soon enough...if it gets done
I doubt it...20 days after they mailed the info to investors which was just last week before they can even submit the paperwork to the state. Could be this year but between that and holidays my guess is 1st qtr 2021
Has been as low as 0.0025 so yes
I asked Marty this:
CEO has created many uncertain "situations" over the years but guess we will see. I have a message into Marty, see if she says anything
Correct...and don't even have to do it just because they mentioned doing one
news but definitely not tremendous lol
They are not remotely able to up list to Nasdaq even with a R/S...Can barely maintain OTCQB. They actually did better pps wise on the pinks and no annual fee. Nasdaq is an impossibility price wise, pps wise etc etc
https://listingcenter.nasdaq.com/assets/initialguide.pdf
Nasdaq?? lol
AMMX is a flipper...I have made good money twice but any people thinking this a long term hold will be sadly disappointed
Conference Call
The CC is posted now if anyone missed it or wanted to listen
https://ammx.net/investor-relations/
We are not talking about the entire world just AMMX. Just saying they may use Covid as an excuse this year but it is still just a typical AMMX year with or without Covid. If this year was extremely low or an odd year overall pps wise I might say oh yeah it had an affect but since this pps is typical for AMMX I say same ole same ole
Not really...just another AMMX year. Covid may get used an excuse but doesn't change the norm overall for the last decade and more
That was the point of that post unless you misread it somehow
Have to agree to disagree...and news blitz and AMMX don't go together. lol
They have claimed stock promotion off and on for years. This was a year and a half ago when they got OTCQB status
See a Pattern Here?!?
My opinion is no...r/s can be a death sentence for a stock like this. They got audited and moved up to OTCQB off the pinks and in that time they have gotten two letters for not maintaining a .01 bid price. It has stayed sub penny most of that time. So they still have no outside interest in the stock and a r/s won't change that IMO. Seems like a desperation move to me.
Have to see if it really happens or not
So did I...just a hard copy of what was put out October 14th to the SEC
It states the R/S can happen in the 4th qtr but may or may not
May not be one...They just got approved to do one but they don't have to do it.
Procedure for Effecting Reverse Stock Split and Exchange of Stock Certificates