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AmeraMex International Received $500,000 Equipment Order
https://www.otcmarkets.com/stock/AMMX/news/Am...75&b=y
CHICO, Calif., July 26, 2017 (GLOBE NEWSWIRE) -- AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, and tactical vehicles for military organizations, received a $500,000 order for Taylor Forklifts from a Southern California-based company. The equipment will ship at the end of August 2017.
AmeraMex Lee Hamre commented, “The demand for rental equipment continues to increase as construction projects are receiving funding and approval from state and local government. The customers we speak with are optimistic about their growth and the continued expansion of their target markets. We are confident that 2017 will be another successful year for AmeraMex.”
AmeraMex International Received $208,000 in Equipment Orders and $500,000 in Rental Agreements
http://www.otcmarkets.com/stock/AMMX/news/Ame...40&b=y
CHICO, Calif., July 21, 2017 (GLOBE NEWSWIRE) -- AmeraMex International, Inc.(AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, and tactical vehicles for military organizations, received a $100,000 order for a Taylor Forklift from a Virginia-based lumber company, which will ship this month, and a $108,000 order for bomb carts from a customer in the Philippines.
According to AmeraMex(AMMX) CEO Lee Hamre, “Earlier this month the Company acquired a small fleet consisting of 15, one-year old Taylor forklifts with a retail value of approximately $1.2 million. This week the Company received rental agreements on four of the forklifts ranging from six months to 24 months. The total revenue is approximately $500,000 - $240,000 for the six-month period and $288,000 for the 24-month period.”
AmeraMex (AMMX) is expecting purchase orders for four additional forklifts from a Southern California customer.
Majority of OS Restricted
Authorized Shares 1,000,000,000 a/o Mar 31, 2017
Outstanding Shares 754,815,879 a/o Mar 31, 2017
Float 207,498,438 a/o Mar 31, 2017
Revenue and Profit
http://www.otcmarkets.com/stock/AMMX/financials#
Total Revenue 2016 10,114,000 2015 8,177,000
Gross Profit 2016 4,642,000 20153,983,000
Net Income 2016 1,039,000 1,531,000
Other Recent News
http://www.otcmarkets.com/stock/AMMX/news
Jun 2, 2017 AmeraMex Receives $383,000 in Equipment Orders Press Release
May 25, 2017 AmeraMex Receives Orders Totaling $700,000 Press Release
May 16, 2017 AmeraMex International Reports Revenue of $1.5 Million First Quarter Ended March 31, 2017 Press Release
May 12, 2017 AmeraMex International to Represent Oshkosh Defense, LLC, within the Federal Republic of Nigeria Press Release
May 8, 2017 AmeraMex Receives a $200,000 Forklift Order Press Release
Apr 6, 2017 AmeraMex International Reports a 24 Percent Increase in Sales for the Year-Ended December 31, 2016 Press Release
Mar 15, 2017 AmeraMex International Schedules 2017 Year-end Financial Conference Call; Company Inks $295,000 Heavy Equipment Order Press Release
Mar 10, 2017 AmeraMex International Inks $600,000 in Equipment Orders Press Release
Mar 7, 2017 AmeraMex International Receives $135,000 in Equipment Order Press Release
Business Description
AmeraMex International, Inc. sells, leases and rents new and refurbished heavy equipment in the U.S. and internationally. The company recently added a line of tactical military vehicles specifically targeting African countries. Management has developed strategic partners and contacts internationally, especially in Africa, to take advantage of the improving global infrastructure construction market and the increased import and export of natural resources. Today, the Company’s geographical reach includes the Americas, Africa, Asia, and Eastern Europe. AmeraMex, a Nevada-based company, was incorporated on May 29, 1990, but had limited operating history until its merger with Hamre Equipment, Inc. in 2006. Hamre Equipment was founded by Lee Hamre in 1989 as a private company based in Chico, California. AmeraMex currently has 240 shareholders of record and trades on the OTC Market System with AMMX as its trading symbol.
Website: http://www.ammx.net
Phone: 530-895-8955
Email: lee@hamreequipment.com