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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ameramex International Inc (PK) | USOTC:AMMX | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.214625 | 0.1757 | 0.2195 | 0.00 | 22:00:01 |
AmeraMex CEO Lee Hamre commented, "We have had great success in providing our customers in Central and South America with refurbished equipment. Our profit margins are higher for refurbished equipment and it allows our customers to purchase equipment in 'like new' condition to support their expansion and meet their budget restraints. To continue expanding our inventory, we recently purchased a group of loaded equipment handlers with a resale value of approximately $1 million and are bidding on another group of used container handlers."
Hamre continued, "We have had many inquiries regarding the status of the Niger agreement. The agreement was signed and paperwork generated to the financing group and a Niger bank for final approval. We have received verbal commitments from the Niger bank and expect to receive the commitment letter (AmeraMex and funding organization) shortly. With final approval from the funding organization, the Agreement will be executed. We will issue a news release as soon as the final funding milestone has been met."
About AmeraMex International
AmeraMex International sells, leases and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping logistics, mining and commercial farming. AmeraMex, with customers in the Americas, Africa, Asia and Eastern Europe, has over 30 years of experience in heavy equipment sales and service, and inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment. For more information visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
CONTACT: Investor and Media Relations McCloud Communications, LLC Marty Tullio, Managing Member Office: 949.632.1900 Marty@McCloudCommunications.com
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