TMAX and AOME similarities
Peter Mergenthaler, Chairman and CEO of Trans Max states: ``I believe in the Aero Marine project and since there is such synergies, it may be in our best interest to either have Trans Max acquire a substantial interest in Aero Marine or to consolidate both Companies. Either scenario is feasible. Consolidation would appear to be the most beneficial. Just to maintain two public entities requires a substantial cost. We could potentially reduce our overhead per year by approximately $1,000,000 on a going forward basis. Capital funding might be easier to acquire if we were consolidated. We project that we will have the final, tested Axial Vector Engine ready for initial deliveries by the end of the first quarter 2005. Final re-engineering and upgrading of components including Perma Tune's 'state of the art`` engine ignition and fuel management system is proceeding to the point that longevity testing can begin in the near future.
August 4,2004
TMAX share consolidation 200:1 final 1,262,663 shares
AOME share consolidation 100:1 final 541,349 shares
July 7, 2004
TMAX Form 8K new transfer agent INTERCONTINENTAL REGISTRAR
AOME Form 8K new transfer agent INTERCONTINENTAL REGISTRAR
June 29, 2004
TMAX New President Raymond Brouzes
TMAX New Secretary-Treasurer Francis Langford
AOME New President Benjamin Langford
These press releases took place on the same day. Just seems strange to me unless the merger of TMAX and AOME is planned for the near future. IMO. Any comments or other information? I am slowly adding TMAX.
