AmeraMex International Inc. (AMMX)

[JDoggs_Money]

And here is an update on another of my previous posts asking about the sales structure for AMMX. I wanted to make sure that Lee wasn't the only sales man for long-term investing reasons. Having a solid team of sales people will be paramount in maintaining a strong/growing company for many years to come. Here is Marty's reply to my email:

We have contract sales people, commission only in Africa, a sales person for US sales and Lee does the international sales. The company advertises through industry websites and print media. Additionally, after being in business for over 30 years, the company has a tremendous amount of repeat business and a stellar reputation in both the U.S. and the other Americas. Also, Lee has contacts in Asia and Russia that purchase refurbished equipment. The company has approximately 15 full time employees and is looking for another senior sales person. The sales cycle can be a matter of weeks to months depending on location, equipment availability, financing and shipping. The big machines have to be trucked in pieces and reassembled on location. The company does not ship internationally until the monies clear the bank.

Sounds like a great, growing company to me. I'm sure Lee oversees all sales if they are large enough. But this is helpful to see that they can handle multiple deals at once if needed due to timing. I feel good about what I know...

AMMX long and strong!!!