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alien42

06/16/16 11:52 AM

#31523 RE: micham2012 #31522

What also bothers me is that the Company likes to describe these deals as a "$300 million truck deal" or something equally dramatic. But all that AMMX will get, if anything, is some kind of finder's fee or brokerage commission.

i am one of the first to say ignore all Africa deals until they are complete, however, Lee Hamre was very clear about the $300 Million Niger deal that was never finanlized, that AMMX would be able to count all of that towards their revenue. the profit margins wouldn't be that high compared to refurbished sales and rental equipment.