AmeraMex International Inc. (AMMX)

[misterp]

This company's financial control is a joke, which is very dangerous. They might do very well operationally, but if you cannot trust the figures you are basically gambling.

Apart from the major difference in performance as mentioned by ORCA, a 1 min scan also shows that they forgot to include details on the $6m line of credit. Understanding the conditions of this line of credit is super relevant in my opinion.

And also if a 1 min scan reveals this, this tells us something about their financial people.

I suggest to read the following section: Management’s Report on Internal Control Over Financial Reporting in the Q1 filing.

I believe management to be promotional. Earlier this year they communicated a full year revenue target of 15-20m. Let's see what they will achieve.

Anyway, it remains a very interesting opportunity with potentially a very good risk / reward. I will remain on the sideline until I can trust the presented figures.