AmeraMex International Inc. (AMMX)

[mel326]

- Speaker Welcomed Kevin new CFO

Kevin:

- New project update AMMX
-more net income
-discussed 71% increase
-stock undervalued
-will report financial results before march 2014
-installing new accounting system which will help with reporting
-230.4 million share float (justified outstanding shares)
-no plans for buy back
-no plans for split

(Switch back to origional speaker)

-negotiated price and availablility on semis in china
-Discussed projects in Niger
-they plan to buy trucks in china and sell them in Niger for a profit because they are about half the price.
-they plan to get all necessary government regulations in order in both Niger and China, they are currently in the process of doing so
-He believes this new contract will produce 270 million gross for this new project.
- Next step to have China approve and make sure that both parties are satisfied.
-Will be returning to Niger for approvals and they expect to get the contract in mid March.

... stay tuned