...AMMX @0.193. Released news on 05/13/19 , and reported Revenue of $2.6 Million For the First Quarter Ended March 31, 2019.. Plus that they will be current this year..
So finally... YaaaY.. I am long in this stock since Gods only when.. I bought it when it was 0.003...
AmeraMex International Reports Revenue of $2.6 Million For the First Quarter Ended March 31, 2019 Press Release | 05/13/2019
CHICO, Calif., May 13, 2019 (GLOBE NEWSWIRE) -- AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, forestry conservation and tactical military vehicles, today reported financial results for its first quarter ended March 31, 2019. Additionally, the Company reported that it has filed its Registration Statement and Form 10 to the SEC.
AmeraMex CEO Lee Hamre commented, “On behalf of myself, our CFO Hope Stone and the entire management team, we are pleased to announce that the Registration Statement and Form 10 have been submitted to the SEC for review. The review process can last several months, but the Company and its service providers are committed to responding expeditiously. After the SEC comment process is completed, they will declare the Registration Statement “effective” and AmeraMex will be a “fully reporting company.”
Highlights for the First Quarter of 2019*
Revenue was approximately $2.6 million, a 44 percent increase when compared to revenue of $1.8 million for the 2018 period. Gross profit was approximately $967,385 compared to gross profit of $414,975 for the period ended March 31, 2018. This is an increase of 133 percent. Net income of $692,774 was a significant increase when compared to net income of $43,088 for the first quarter ended March 31, 2018. The audits for 2018 and 2017 are complete. The Company secured a $6.6 million line-of-credit.
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