Lee Hamre of AmeraMex International, Inc. Returns to Uptick Newswire’s “Stock Day” Podcast to Talk About Company DevelopmentsPress Release | 06/21/2018 PHOENIX, June 21, 2018 (GLOBE NEWSWIRE) -- Everett Jolly, CEO of Uptick Newswire LLC, recently interviewed the President and CEO of AmeraMex International, Inc. (OTC Pink: AMMX) (AmeraMex, the Company), Lee Hamre. Hamre provided an update about the companys recent accomplishments and shared information for shareholders and potential investors.
AmeraMex International, Inc. is a provider of heavy equipment for logistics companies, infrastructure construction, forestry conservation and tactical military vehicles. The Company specializes in selling, leasing, and renting both new and refurbished equipment. AMMX sells and markets to customers in the Americas, Africa and Asia.
Were expanding at a pace Ive never seen before, said Hamre when asked about company updates, and we expect its going to last for a few years. The Companys growth rate is exploding, which is evidenced in their 2017 financial statements and Q1 report for 2018. AmeraMex has been keeping up with this expansion by undergoing some structural shifts. Multiple departments have hired new team members, and the executive board of the company has a new CFO and a new COO. Hamre talks more about these new company leaders in the interview.
Here at Uptick, we are always looking for an undiscovered company, and we feel like you are one of those, said Stock Day host, Everett Jolly. He believes that AmeraMex is extremely undervalued at present, and encourages Stock Day listeners to look into the company further. Hamre is confident in the direction that the company is moving, and said, With the way sales are increasing, and the new opportunities were working on, I fully expect $15, maybe even $20 million gross sales for the year.
AmeraMex International, Inc. trades on the OTC Pink Sheets under the ticker symbol AMMX; the company is hoping to move up to the OTCQB Marketplace within the next couple years. Shares are currently selling at just under 3 cents each, and the companys market cap is $22 million.
To hear more about the companys business model, changes in their corporate structure, and potential impacts of a recent tariff put in place by the Trump administration, click the link below to listen to the full interview.
