AmeraMex International Inc. (AMMX)

[Manhattanman]

I just listened to the replay of the CC. All sounded very positive to me, no negative surprises.

1. Sales, gross revenues and net revenues all up on last year.
2. Good prospects for core business as overall economy is very strong.
3. As for the mastication business, I wouldn’t be surprised if everyone’s attention is on fighting today’s fires rather than preventing tomorrow’s, that’s human nature. Still I would expect some good orders to come through before end 2018.
4. Audit nearly on track, I believe the new CFO is a serious person.
5. African army business less likely but would be a game-changer if it happened.

One odd remark was made: that rental profits had been greatly overstated in their 2015/6 tax returns. Maybe they will be getting a tax refund as a result?