AmeraMex International Inc. (AMMX)

[Manhattanman]

Ref share price, my view is this:

1. Conservative: assume 2018 net profit is likely to be about $2m, and P/E of 10, then price today should be about .025.

2. Ambitious but not unlikely: assume 2018 net profit $3m, P/E of 20, then price during 2018 could reach .076.

If accounts get SEC approval and uplisting is successful, could go higher. If Menzi Muck and Oshkosh business takes off, could go much higher.

I’ve been holding a lot of these shares for about 7 years now and have seen quite a few exaggerated announcements. Last year however they started to get serious, and now I think their prospects are excellent and realistic.