CHICO, CA May 16, 2022 – AmeraMex International, Inc. (OTCQB: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $547,000 which brings year-to-date sales up to $10.6 million.
The orders consist of the following equipment:
One Taylor TS-9972 Reach Stacker shipping to a customer in Houston.
One ASV RT-75 Posti-Tract Steer Loader shipping to a landscaping company on the West Coast.
One Kovaco Electric MiniZ-400 Skid Steer Loader shipping to a customer in Utah.
The Company also announced that it has filed an extension with the SEC to delay filing of the Company’s first quarter 10-Q. According to CFO Hope Stone, there is a new ASC842 rule for lease accounting issued by the Financial Accounting Standards Board ( FASB ). This new standard contains guidance on the accounting and financial reporting for agreements meeting the standard’s definition of a lease. The Company is in the process of adapting the new standard with its existing Accounting Software and expects to report first quarter financials by Friday, May 20, 2022.
For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the Kovaco Electric’s 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.
AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are key factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if added information becomes available in the future.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com