PHOENIX, June 21, 2018 (GLOBE NEWSWIRE) -- Everett Jolly, CEO of Uptick Newswire LLC, recently interviewed the President and CEO of AmeraMex International, Inc. (OTC Pink: AMMX) (“AmeraMex,” “the Company”), Lee Hamre. Hamre provided an update about the company’s recent accomplishments and shared information for shareholders and potential investors.
AmeraMex International, Inc. is a provider of heavy equipment for logistics companies, infrastructure construction, forestry conservation and tactical military vehicles. The Company specializes in selling, leasing, and renting both new and refurbished equipment. AMMX sells and markets to customers in the Americas, Africa and Asia.
“We’re expanding at a pace I’ve never seen before,” said Hamre when asked about company updates, “and we expect it’s going to last for a few years.” The Company’s growth rate is exploding, which is evidenced in their 2017 financial statements and Q1 report for 2018. AmeraMex has been keeping up with this expansion by undergoing some structural shifts. Multiple departments have hired new team members, and the executive board of the company has a new CFO and a new COO. Hamre talks more about these new company leaders in the interview.
“Here at Uptick, we are always looking for an undiscovered company, and we feel like you are one of those,” said “Stock Day” host, Everett Jolly. He believes that AmeraMex is extremely undervalued at present, and encourages “Stock Day” listeners to look into the company further. Hamre is confident in the direction that the company is moving, and said, “With the way sales are increasing, and the new opportunities we’re working on, I fully expect $15, maybe even $20 million gross sales for the year.”
AmeraMex International, Inc. trades on the OTC Pink Sheets under the ticker symbol AMMX; the company is hoping to move up to the OTCQB Marketplace within the next couple years. Shares are currently selling at just under 3 cents each, and the company’s market cap is $22 million.
To hear more about the company’s business model, changes in their corporate structure, and potential impacts of a recent tariff put in place by the Trump administration, click the link below to listen to the full interview.
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About AmeraMex International, Inc.
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'â¢s geographical reach includes the Americas, Africa, Asia, and Eastern Europe. AmeraMex, a Nevada company based in California, 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 400+shareholders of record and trades on the OTC Market System with AMMX as its trading symbol.
Forward-Looking Statement
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Contact:
AmeraMex International, Inc.
Lee Hamre – CEO & President
530-895-8955
lee@hamreequipment.com
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Uptick Newswire is a private company reaching out to the masses keeping investors and shareholders up to date on company news and bringing transparency to the undervalued, undersold, micro-cap stocks of the market and is the sole producer of the Uptick Network “Stock Day” Podcast. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire and has recently launched the Video Interview Studio located in Phoenix, Arizona.